The table below looks at the statistics for V-Model skills in IT contracts advertised for the Hertfordshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited V-Model over the 3 months to 10 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
10 Feb 2016
Same period 2015 Same period 2014
V-Model
Rank - - -
Contract jobs citing V-Model 0 0 0
As % of all contract IT jobs located in Hertfordshire - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £300 £350 £320
% change year-on-year
-14.28% +9.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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 Hertfordshire region.

Processes & Methodologies Category
Hertfordshire
Contract IT job ads with a match in the
Processes & Methodologies category
407 473 486
As % of all contract IT jobs located in Hertfordshire 70.66% 74.49% 72.54%
Number of daily rates quoted 214 255 254
Average daily rate £450 £425 £400
Average daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £625 £575 £533
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 39 24 28
Average hourly rate £37.50 £33.00 £31.50
Average hourly rate % change year-on-year
+13.63% +4.76%
90% offered a hourly rate of more than £15.00 £12.50 £15.00
10% offered a hourly rate of more than £49.50 £40.00 £37.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

V-Model
Jobs Demand Trend in Hertfordshire

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

V-Model Jobs Demand Trend in Hertfordshire

V-Model
Daily Rate Trend in Hertfordshire

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

V-Model Daily Rate Trend in Hertfordshire