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 1 May 2016 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.

3 months to
1 May 2016
Same period 2015 Same period 2014
Stochastic Modeling
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
Average daily rate - - -
UK excluding London average daily rate - - -
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
2288 2436 2531
As % of all contract IT jobs located in the South West 78.12% 77.85% 78.82%
Number of daily rates quoted 1493 1578 1576
Average daily rate £388 £400 £365
Average daily rate % change year-on-year
-3.12% +9.58%
90% offered a daily rate of more than £275 £290 £275
10% offered a daily rate of more than £535 £550 £500
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 139 98 108
Average hourly rate £42.25 £36.75 £33.50
Average hourly rate % change year-on-year
+14.96% +9.70%
90% offered a hourly rate of more than £25.00 £15.03 £13.00
10% offered a hourly rate of more than £47.50 £47.00 £42.50
UK excluding London average hourly rate £36.00 £30.50 £31.50
% change year-on-year
+18.03% -3.17%

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