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 1 May 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
1 May 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank - 405 -
Contract jobs citing Stochastic Modelling 0 1 0
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 1 0
Average daily rate
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of your Daily Rate
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- £850 -
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
17519 18237 16983
As % of all contract IT jobs located in London 78.29% 78.19% 77.19%
Number of daily rates quoted 12272 12958 11811
Average daily rate £450 £433 £450
Average daily rate % change year-on-year
+4.04% -3.88%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £613 £600 £600
UK excluding London average daily rate £390 £375 £360
% change year-on-year
+4.00% +4.16%
Number of hourly rates quoted 245 229 237
Average hourly rate £20.00 £22.50 £29.75
Average hourly rate % change year-on-year
-11.11% -24.36%
90% offered a hourly rate of more than £11.00 £13.00 £14.00
10% offered a hourly rate of more than £55.00 £50.00 £135.00
UK excluding London average hourly rate £30.50 £30.75 £32.00
% change year-on-year
-0.81% -3.90%

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