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 contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 26 May 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
26 May 2016
Same period 2015 Same period 2014
Stochastic Modelling
Rank - - 415
Contract jobs citing Stochastic Modelling 0 0 1
As % of all contract IT jobs located in London - - 0.004%
As % of the Processes & Methodologies category - - 0.005%
Number of daily rates quoted 0 0 1
Median daily rate - - £850
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
18259 18023 18246
As % of all contract IT jobs located in London 83.95% 81.01% 80.62%
Number of daily rates quoted 13352 12665 13083
Median daily rate £475 £450 £430
Median daily rate % change year-on-year
+5.55% +4.65%
90% offered a daily rate of more than £325 £310 £300
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 153 253 225
Median hourly rate £21.00 £20.31 £22.50
Median hourly rate % change year-on-year
+3.39% -9.73%
90% offered a hourly rate of more than £12.50 £11.00 £12.50
10% offered a hourly rate of more than £43.64 £80.00 £53.50
UK excluding London median hourly rate £33.00 £30.00 £30.00
% change year-on-year
+10.00% -

Stochastic Modelling
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Stochastic Modelling as a proportion of all IT contracts with a match in 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