The table below looks at the statistics for Stochastic Modelling skills in IT contracts advertised for the South West region. Included is a guide to the average contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 18 September 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
18 Sep 2014
Same period 2013 Same period 2012
Stochastic Modeling
Rank - - 133
Contract jobs citing Stochastic Modelling 0 0 2
As % of all contract IT jobs located in the South West - - 0.065%
As % of the Processes & Methodologies category - - 0.093%
Number of daily rates quoted 0 0 2
Average daily rate
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of your Daily Rate
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- - £344
UK excluding London average daily rate - - £344
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Stochastic Modelling
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 South West region.

Processes & Methodologies Category
South West
Contract IT job ads with a match in the
Processes & Methodologies category
2414 1564 2145
As % of all contract IT jobs located in the South West 72.78% 70.90% 69.78%
Number of daily rates quoted 1603 1054 1274
Average daily rate £399 £370 £375
Average daily rate % change year-on-year
+7.70% -1.33%
90% offered a daily rate of more than £275 £264 £250
10% offered a daily rate of more than £525 £500 £475
UK excluding London average daily rate £375 £370 £363
% change year-on-year
+1.35% +2.06%
Number of hourly rates quoted 81 77 148
Average hourly rate £32.50 £25.00 £30.00
Average hourly rate % change year-on-year
+30.00% -16.66%
90% offered a hourly rate of more than £15.70 £11.00 £15.41
10% offered a hourly rate of more than £40.50 £43.00 £47.35
UK excluding London average hourly rate £26.00 £30.00 £30.00
% change year-on-year
-13.33% -

Stochastic Modelling
Jobs Demand Trend in the South West

This chart provides a 3-month moving total of IT contractor jobs citing Stochastic Modelling across the South West region as a proportion of the total demand within the Processes & Methodologies category.

Stochastic Modelling Jobs Demand Trend in the South West

Stochastic Modelling
Daily Rate Trend in the South West

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Stochastic Modelling across the South West region.

Stochastic Modelling Daily Rate Trend in the South West