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 27 November 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
27 Nov 2014
Same period 2013 Same period 2012
V-Model
Rank - - 32
Contract jobs citing V-Model 0 0 2
As % of all contract IT jobs located in the Midlands - - 0.82%
As % of the Processes & Methodologies category - - 1.49%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £340 £364 £318
% change year-on-year
-6.52% +14.56%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £57.50 - £40.00
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
112 106 134
As % of all contract IT jobs located in the Midlands 68.29% 71.62% 55.14%
Number of daily rates quoted 46 47 59
Average daily rate £400 £385 £500
Average daily rate % change year-on-year
+3.89% -23.00%
90% offered a daily rate of more than £220 £275 £358
10% offered a daily rate of more than £560 £500 £550
UK excluding London average daily rate £388 £363 £370
% change year-on-year
+6.89% -2.02%
Number of hourly rates quoted 3 2 4
Average hourly rate £43.50 £35.00 £32.50
Average hourly rate % change year-on-year
+24.28% +7.69%
UK excluding London average hourly rate £25.00 £27.50 £30.00
% change year-on-year
-9.09% -8.33%

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