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 1 May 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
1 May 2016
Same period 2015 Same period 2014
Stochastic Modeling
Rank - - 588
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
41831 40715 38755
As % of all contract IT jobs located in England 81.63% 79.06% 77.91%
Number of daily rates quoted 27968 25808 24622
Median daily rate £445 £418 £400
Median daily rate % change year-on-year
+6.58% +4.37%
90% offered a daily rate of more than £300 £285 £275
10% offered a daily rate of more than £600 £575 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 916 1188 1141
Median hourly rate £32.25 £29.00 £30.00
Median hourly rate % change year-on-year
+11.20% -3.33%
90% offered a hourly rate of more than £12.83 £12.40 £12.50
10% offered a hourly rate of more than £47.91 £47.83 £50.00
UK excluding London median hourly rate £36.00 £30.50 £31.50
% change year-on-year
+18.03% -3.17%

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