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 24 August 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
24 Aug 2016
Same period 2015 Same period 2014
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
Median daily rate - - -
UK excluding London median daily rate £400 £300 £310
% change year-on-year
+33.33% -3.22%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £41.00 £42.50 £61.00
% change year-on-year
-3.52% -30.32%
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
158 157 139
As % of all contract IT jobs located in the Midlands 79.00% 81.77% 76.80%
Number of daily rates quoted 104 62 50
Median daily rate £500 £475 £360
Median daily rate % change year-on-year
+5.26% +31.94%
90% offered a daily rate of more than £450 £320 £205
10% offered a daily rate of more than £550 £550 £525
UK excluding London median daily rate £400 £395 £375
% change year-on-year
+1.26% +5.33%
Number of hourly rates quoted 1 0 4
Median hourly rate £35.00 - £106.00
UK excluding London median hourly rate £30.50 £32.50 £25.75
% change year-on-year
-6.15% +26.21%

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