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 20 October 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
20 Oct 2014
Same period 2013 Same period 2012
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
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of your Daily Rate
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- - -
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
2485 1544 2111
As % of all contract IT jobs located in the South West 73.41% 71.09% 68.81%
Number of daily rates quoted 1680 1032 1230
Average daily rate £400 £375 £375
Average daily rate % change year-on-year
+6.66% -
90% offered a daily rate of more than £285 £250 £250
10% offered a daily rate of more than £550 £500 £500
UK excluding London average daily rate £375 £363 £368
% change year-on-year
+3.44% -1.36%
Number of hourly rates quoted 102 89 155
Average hourly rate £28.50 £30.00 £32.50
Average hourly rate % change year-on-year
-5.00% -7.69%
90% offered a hourly rate of more than £13.53 £12.75 £13.20
10% offered a hourly rate of more than £47.50 £43.00 £49.00
UK excluding London average hourly rate £25.00 £29.00 £27.50
% change year-on-year
-13.79% +5.45%

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