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 contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 27 June 2016 with a comparison to the same period over 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.

3 months to
27 Jun 2016
Same period 2015 Same period 2014
Stochastic Modelling
Rank - - 593
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
Median daily rate - - £850
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
40834 39914 38314
As % of all contract IT jobs located in England 82.42% 79.72% 78.60%
Number of daily rates quoted 27442 26221 24456
Median daily rate £450 £415 £400
Median daily rate % change year-on-year
+8.43% +3.75%
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 median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 936 1059 1135
Median hourly rate £27.50 £27.50 £27.50
90% offered a hourly rate of more than £12.58 £12.21 £13.00
10% offered a hourly rate of more than £48.50 £50.00 £46.23
UK excluding London median hourly rate £28.50 £30.00 £30.00
% change year-on-year
-5.00% -

Stochastic Modelling
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing Stochastic Modelling as a proportion of all IT contracts with a match in 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