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 27 February 2015 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
27 Feb 2015
Same period 2014 Same period 2013
V-Model
Rank - - 62
Contract jobs citing V-Model 0 0 2
As % of all contract IT jobs located in Hertfordshire - - 0.30%
As % of the Processes & Methodologies category - - 0.39%
Number of daily rates quoted 0 0 2
Average daily rate
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- - £313
UK excluding London average daily rate £345 £293 £338
% change year-on-year
+17.94% -13.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £42.50
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
461 513 508
As % of all contract IT jobs located in Hertfordshire 72.60% 72.97% 76.28%
Number of daily rates quoted 243 266 279
Average daily rate £413 £400 £400
Average daily rate % change year-on-year
+3.12% -
90% offered a daily rate of more than £265 £275 £275
10% offered a daily rate of more than £575 £533 £610
UK excluding London average daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 25 28 18
Average hourly rate £33.50 £23.86 £36.00
Average hourly rate % change year-on-year
+40.43% -33.73%
90% offered a hourly rate of more than £14.10 £9.50 £13.55
10% offered a hourly rate of more than £40.00 £37.50 £190.00
UK excluding London average hourly rate £30.00 £27.50 £31.50
% change year-on-year
+9.09% -12.69%

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