The table below looks at the statistics for Stochastic Modelling skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 27 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
27 Mar 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank - - 534
Contract jobs citing Stochastic Modelling 0 0 6
As % of all contract IT jobs located in the UK - - 0.013%
As % of the Processes & Methodologies category - - 0.018%
Number of daily rates quoted 0 0 4
Average 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 - - -

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

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
40851 38864 33748
As % of all contract IT jobs located in the UK 76.14% 74.87% 73.26%
Number of daily rates quoted 25403 23796 20201
Average daily rate £420 £400 £401
Average daily rate % change year-on-year
+5.00% -0.12%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £575 £560 £575
UK excluding London average daily rate £396 £375 £363
% change year-on-year
+5.60% +3.44%
Number of hourly rates quoted 1159 1113 1105
Average hourly rate £29.00 £27.00 £32.00
Average hourly rate % change year-on-year
+7.40% -15.62%
90% offered a hourly rate of more than £12.10 £12.25 £13.00
10% offered a hourly rate of more than £49.50 £50.00 £51.50
UK excluding London average hourly rate £31.44 £27.50 £32.00
% change year-on-year
+14.32% -14.06%

Stochastic Modelling
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Stochastic Modelling within the UK as a proportion of the total demand within the Processes & Methodologies category.

Stochastic Modelling Jobs Demand Trend in the UK

Stochastic Modelling
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Stochastic Modelling within the UK.

Stochastic Modelling Daily Rate Trend in the UK

Stochastic Modelling
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Stochastic Modelling within the UK over the 3 months to 27 March 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Bristol - - - -
London - - - -
Newbury - - - -
Berkshire - - - -
City of London - - - -
South East - - - -
South West - - - -
England - - - -