The table below looks at the statistics for Stochastic Modelling skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Stochastic Modeling
Rank - - 570
Contract jobs citing Stochastic Modelling 0 0 1
As % of all contract IT jobs located in England - - 0.002%
As % of the Processes & Methodologies category - - 0.003%
Number of daily rates quoted 0 0 1
Average daily rate - - £450
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Stochastic Modelling
UK

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

Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
38364 35865 34140
As % of all contract IT jobs located in England 81.30% 77.81% 77.01%
Number of daily rates quoted 25447 23262 21094
Average daily rate £425 £425 £401
Average daily rate % change year-on-year
- +5.98%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £600 £575 £575
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1104 964 1067
Average hourly rate £37.50 £26.00 £27.50
Average hourly rate % change year-on-year
+44.23% -5.45%
90% offered a hourly rate of more than £12.65 £12.00 £12.50
10% offered a hourly rate of more than £57.00 £46.00 £52.40
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Stochastic Modelling
Jobs Demand Trend in England

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

Stochastic Modelling Jobs Demand Trend in England

Stochastic Modelling
Daily Rate Trend in England

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

Stochastic Modelling Daily Rate Trend in England