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 4 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
4 May 2016
Same period 2015 Same period 2014
V-Model
Rank - - 25
Contract jobs citing V-Model 0 0 1
As % of all contract IT jobs located in the Midlands - - 0.50%
As % of the Processes & Methodologies category - - 0.67%
Number of daily rates quoted 0 0 1
Median daily rate - - £420
UK excluding London median daily rate £339 £338 £310
% change year-on-year
+0.37% +8.87%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £42.50 - -
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
159 121 150
As % of all contract IT jobs located in the Midlands 77.94% 82.31% 74.63%
Number of daily rates quoted 86 51 48
Median daily rate £500 £470 £388
Median daily rate % change year-on-year
+6.38% +21.29%
90% offered a daily rate of more than £338 £304 £340
10% offered a daily rate of more than £600 £563 £500
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 0 1 4
Median hourly rate - £20.00 £17.00
Median hourly rate % change year-on-year
- +17.64%
UK excluding London median hourly rate £36.00 £30.50 £31.00
% change year-on-year
+18.03% -1.61%

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