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 average contractor rates offered in IT contracts that have cited V-Model over the 3 months to 30 July 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
30 Jul 2015
Same period 2014 Same period 2013
V-Model
Rank - - -
Contract jobs citing V-Model 0 0 0
As % of all contract IT jobs located in the Midlands - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £300 £308 £456
% change year-on-year
-2.43% -32.60%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £40.50 £61.00 -
% change year-on-year
-33.60% -
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
156 124 156
As % of all contract IT jobs located in the Midlands 75.36% 72.51% 69.64%
Number of daily rates quoted 54 45 66
Average daily rate £475 £425 £450
Average daily rate % change year-on-year
+11.76% -5.55%
90% offered a daily rate of more than £320 £225 £350
10% offered a daily rate of more than £600 £550 £575
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 0 2 1
Average hourly rate - £175.00 £175.00
UK excluding London average hourly rate £30.00 £26.50 £31.00
% change year-on-year
+13.20% -14.51%

V-Model
Jobs Demand Trend in the Midlands

This chart provides a 3-month moving total of IT contractor jobs citing V-Model across the Midlands region as a proportion of the total demand within 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