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 22 October 2014 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
22 Oct 2014
Same period 2013 Same period 2012
Stochastic Modeling
Rank - 432 402
Contract jobs citing Stochastic Modelling 0 1 2
As % of all contract IT jobs located in London - 0.004% 0.008%
As % of the Processes & Methodologies category - 0.005% 0.011%
Number of daily rates quoted 0 1 2
Average daily rate
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- £850 £1,200
Average daily rate % change year-on-year
- -29.16%
UK excluding London average daily rate - - -
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
18814 19611 18641
As % of all contract IT jobs located in London 77.44% 77.66% 75.57%
Number of daily rates quoted 13635 13715 12720
Average daily rate £450 £450 £450
90% offered a daily rate of more than £303 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 250 233 330
Average hourly rate £22.50 £21.50 £35.00
Average hourly rate % change year-on-year
+4.65% -38.57%
90% offered a hourly rate of more than £12.25 £13.00 £14.80
10% offered a hourly rate of more than £53.50 £55.00 £50.08
UK excluding London average hourly rate £25.00 £28.50 £27.50
% change year-on-year
-12.28% +3.63%

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