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 5 March 2015 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
5 Mar 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank - - 121
Contract jobs citing Stochastic Modelling 0 0 5
As % of all contract IT jobs located in the South West - - 0.20%
As % of the Processes & Methodologies category - - 0.29%
Number of daily rates quoted 0 0 4
Average daily rate
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of your Daily Rate
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- - £375
UK excluding London average daily rate - - £375
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
2319 2099 1732
As % of all contract IT jobs located in the South West 74.71% 74.25% 70.93%
Number of daily rates quoted 1515 1276 1095
Average daily rate £400 £375 £350
Average daily rate % change year-on-year
+6.66% +7.14%
90% offered a daily rate of more than £275 £255 £255
10% offered a daily rate of more than £550 £500 £515
UK excluding London average daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 74 87 72
Average hourly rate £36.00 £24.00 £37.50
Average hourly rate % change year-on-year
+50.00% -36.00%
90% offered a hourly rate of more than £15.90 £12.31 £13.44
10% offered a hourly rate of more than £47.00 £40.00 £47.50
UK excluding London average hourly rate £30.00 £27.50 £31.00
% change year-on-year
+9.09% -11.29%

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