The table below looks at the statistics for Stochastic Modelling skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 28 January 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
28 Jan 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank - 400 -
Contract jobs citing Stochastic Modelling 0 1 0
As % of all contract IT jobs located in London - 0.005% -
As % of the Processes & Methodologies category - 0.006% -
Number of daily rates quoted 0 1 0
Average daily rate
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of your Daily Rate
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- £450 -
UK excluding London average daily rate - - £375
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Stochastic Modelling
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 London region.

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
16159 17087 15138
As % of all contract IT jobs located in London 78.13% 78.17% 76.84%
Number of daily rates quoted 11564 11767 10514
Average daily rate £450 £445 £428
Average daily rate % change year-on-year
+1.12% +4.09%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £398 £375 £360
% change year-on-year
+6.00% +4.16%
Number of hourly rates quoted 178 237 299
Average hourly rate £22.00 £23.50 £27.00
Average hourly rate % change year-on-year
-6.38% -12.96%
90% offered a hourly rate of more than £11.25 £13.50 £13.50
10% offered a hourly rate of more than £52.50 £76.75 £49.01
UK excluding London average hourly rate £26.00 £27.50 £31.07
% change year-on-year
-5.45% -11.49%

Stochastic Modelling
Jobs Demand Trend in London

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

Stochastic Modelling Jobs Demand Trend in London

Stochastic Modelling
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Stochastic Modelling across the London region.

Stochastic Modelling Daily Rate Trend in London