The table below looks at the statistics for Stochastic Modelling skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 22 September 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
22 Sep 2014
Same period 2013 Same period 2012
Stochastic Modeling
Rank - - 215
Contract jobs citing Stochastic Modelling 0 0 1
As % of all contract IT jobs located in the City of London - - 0.013%
As % of the Processes & Methodologies category - - 0.017%
Number of daily rates quoted 0 0 1
Average daily rate
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of your Daily Rate
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- - £1,200
UK excluding London average daily rate - - £344
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Stochastic Modelling
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4462 5505 5941
As % of all contract IT jobs located in the City of London 76.10% 76.55% 75.45%
Number of daily rates quoted 3356 4070 4380
Average daily rate £450 £450 £450
90% offered a daily rate of more than £320 £315 £300
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £368 £363
% change year-on-year
+2.04% +1.37%
Number of hourly rates quoted 45 67 94
Average hourly rate £21.75 £20.93 £31.50
Average hourly rate % change year-on-year
+3.94% -33.57%
90% offered a hourly rate of more than £13.07 £11.80 £16.00
10% offered a hourly rate of more than £35.00 £52.50 £51.50
UK excluding London average hourly rate £26.00 £30.00 £30.00
% change year-on-year
-13.33% -

Stochastic Modelling
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Stochastic Modelling across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Stochastic Modelling Jobs Demand Trend in the City of London

Stochastic Modelling
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Stochastic Modelling across the City of London region.

Stochastic Modelling Daily Rate Trend in the City of London