The table below looks at the statistics for V-Model skills in IT contracts advertised for the Essex region. Included is a guide to the contractor rates offered in IT contracts that have cited V-Model over the 3 months to 31 August 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
31 Aug 2016
Same period 2015 Same period 2014
V-Model
Rank - 59 52
Contract jobs citing V-Model 0 1 1
As % of all contract IT jobs located in Essex - 0.15% 0.21%
As % of the Processes & Methodologies category - 0.20% 0.26%
Number of daily rates quoted 0 1 1
Median daily rate - £400 £263
Median daily rate % change year-on-year
- +52.38%
UK excluding London median daily rate £388 £300 £310
% change year-on-year
+29.16% -3.22%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £41.00 £42.50 £61.00
% change year-on-year
-3.52% -30.32%
V-Model
East of England

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

Processes & Methodologies Category
Essex
Contract IT job ads with a match in the
Processes & Methodologies category
386 493 387
As % of all contract IT jobs located in Essex 84.84% 76.32% 80.96%
Number of daily rates quoted 221 287 198
Median daily rate £325 £400 £400
Median daily rate % change year-on-year
-18.75% -
90% offered a daily rate of more than £230 £288 £238
10% offered a daily rate of more than £500 £550 £525
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 77 61 47
Median hourly rate £36.00 £33.00 £31.00
Median hourly rate % change year-on-year
+9.09% +6.45%
90% offered a hourly rate of more than £16.50 £16.50 £16.50
10% offered a hourly rate of more than £46.00 £42.25 £41.95
UK excluding London median hourly rate £31.00 £32.50 £25.75
% change year-on-year
-4.61% +26.21%

V-Model
Jobs Demand Trend in Essex

The demand trend of contract jobs across the Essex region citing V-Model as a proportion of all IT contracts with a match in the Processes & Methodologies category.

V-Model Jobs Demand Trend in Essex

V-Model
Daily Rate Trend in Essex

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing V-Model across the Essex region.

V-Model Daily Rate Trend in Essex

V-Model
Hourly Rate Trend in Essex

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing V-Model across the Essex region.

V-Model Hourly Rate Trend in Essex