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 24 April 2015 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
24 Apr 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank - - -
Contract jobs citing Stochastic Modelling 0 0 0
As % of all contract IT jobs located in the City of London - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate - - £390
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
4229 4844 4866
As % of all contract IT jobs located in the City of London 77.91% 76.96% 76.46%
Number of daily rates quoted 3282 3557 3706
Average daily rate £463 £450 £450
Average daily rate % change year-on-year
+2.77% -
90% offered a daily rate of more than £325 £300 £313
10% offered a daily rate of more than £613 £625 £600
UK excluding London average daily rate £393 £375 £363
% change year-on-year
+4.66% +3.44%
Number of hourly rates quoted 35 45 51
Average hourly rate £27.37 £25.00 £72.50
Average hourly rate % change year-on-year
+9.48% -65.51%
90% offered a hourly rate of more than £14.55 £13.00 £17.50
10% offered a hourly rate of more than £92.50 £47.50 £135.00
UK excluding London average hourly rate £30.50 £30.50 £32.00
% change year-on-year
- -4.68%

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