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 contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 30 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
30 Aug 2016
Same period 2015 Same period 2014
Stochastic Modelling
Rank - - -
Contract jobs citing Stochastic Modelling 0 0 0
As % of all contract IT jobs located in the South West - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
2250 2547 2401
As % of all contract IT jobs located in the South West 77.85% 77.65% 75.93%
Number of daily rates quoted 1523 1700 1585
Median daily rate £400 £400 £393
Median daily rate % change year-on-year
- +1.91%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £550 £513 £525
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 121 135 90
Median hourly rate £32.50 £39.25 £34.50
Median hourly rate % change year-on-year
-17.19% +13.76%
90% offered a hourly rate of more than £20.00 £25.35 £16.00
10% offered a hourly rate of more than £48.00 £55.00 £42.50
UK excluding London median hourly rate £30.00 £32.54 £25.75
% change year-on-year
-7.80% +26.36%

Stochastic Modelling
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing Stochastic Modelling as a proportion of all IT contracts with a match in 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