The table below looks at the statistics for V-Model skills in IT contracts advertised for the Surrey region. Included is a guide to the average contractor rates offered in IT contracts that have cited V-Model over the 3 months to 14 February 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.

Location
3 months to
14 Feb 2016
Same period 2015 Same period 2014
V-Model
Rank - 92 91
Contract jobs citing V-Model 0 1 1
As % of all contract IT jobs located in Surrey - 0.071% 0.079%
As % of the Processes & Methodologies category - 0.088% 0.10%
Number of daily rates quoted 0 1 1
Average daily rate - £400 £325
Average daily rate % change year-on-year
- +23.07%
UK excluding London average daily rate £300 £350 £320
% change year-on-year
-14.28% +9.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
V-Model
South East

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Surrey region.

Processes & Methodologies Category
Surrey
Contract IT job ads with a match in the
Processes & Methodologies category
975 1134 979
As % of all contract IT jobs located in Surrey 81.05% 81.06% 76.90%
Number of daily rates quoted 663 633 521
Average daily rate £425 £400 £400
Average daily rate % change year-on-year
+6.25% -
90% offered a daily rate of more than £325 £288 £250
10% offered a daily rate of more than £550 £525 £525
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 65 16 35
Average hourly rate £50.00 £42.50 £21.00
Average hourly rate % change year-on-year
+17.64% +102.38%
90% offered a hourly rate of more than £35.75 £18.50 £11.25
10% offered a hourly rate of more than £60.88 £55.00 £175.00
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

V-Model
Jobs Demand Trend in Surrey

This chart provides a 3-month moving total of IT contractor jobs citing V-Model across the Surrey region as a proportion of the total demand within the Processes & Methodologies category.

V-Model Jobs Demand Trend in Surrey

V-Model
Daily Rate Trend in Surrey

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing V-Model across the Surrey region.

V-Model Daily Rate Trend in Surrey

V-Model
Hourly Rate Trend in Surrey

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing V-Model across the Surrey region.

V-Model Hourly Rate Trend in Surrey