The table below looks at the statistics for V-Model skills in IT contracts advertised for the Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited V-Model over the 3 months to 30 June 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
30 Jun 2016
Same period 2015 Same period 2014
V-Model
Rank - - 24
Contract jobs citing V-Model 0 0 1
As % of all contract IT jobs located in the Midlands - - 0.65%
As % of the Processes & Methodologies category - - 0.82%
Number of daily rates quoted 0 0 1
Median daily rate - - £420
UK excluding London median daily rate £350 £267 £300
% change year-on-year
+31.33% -11.16%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £42.50 £40.50 -
% change year-on-year
+4.93% -
V-Model
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 Midlands region.

Processes & Methodologies Category
Midlands
Contract IT job ads with a match in the
Processes & Methodologies category
135 135 122
As % of all contract IT jobs located in the Midlands 76.27% 78.49% 78.71%
Number of daily rates quoted 94 54 49
Median daily rate £500 £550 £400
Median daily rate % change year-on-year
-9.09% +37.50%
90% offered a daily rate of more than £350 £318 £250
10% offered a daily rate of more than £585 £650 £500
UK excluding London median daily rate £400 £383 £375
% change year-on-year
+4.57% +2.00%
Number of hourly rates quoted 0 0 2
Median hourly rate - - £175.00
UK excluding London median hourly rate £28.50 £30.00 £30.00
% change year-on-year
-5.00% -

V-Model
Jobs Demand Trend in the Midlands

The demand trend of contract jobs across the Midlands region citing V-Model as a proportion of all IT contracts with a match in the Processes & Methodologies category.

V-Model Jobs Demand Trend in the Midlands

V-Model
Daily Rate Trend in the Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing V-Model across the Midlands region.

V-Model Daily Rate Trend in the Midlands