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 26 May 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
26 May 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank - 580 -
Contract jobs citing Stochastic Modelling 0 1 0
As % of all contract IT jobs located in the UK - 0.002% -
As % of the Processes & Methodologies category - 0.003% -
Number of daily rates quoted 0 1 0
Average daily rate
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of your Daily Rate
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- £850 -
UK excluding London average daily rate - - -
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
41941 39670 34556
As % of all contract IT jobs located in the UK 77.12% 75.31% 74.55%
Number of daily rates quoted 26586 25081 20645
Average daily rate £413 £400 £413
Average daily rate % change year-on-year
+3.12% -3.03%
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £575 £553 £575
UK excluding London average daily rate £388 £375 £363
% change year-on-year
+3.33% +3.44%
Number of hourly rates quoted 1211 1173 1034
Average hourly rate £29.00 £27.50 £32.00
Average hourly rate % change year-on-year
+5.45% -14.06%
90% offered a hourly rate of more than £12.10 £12.50 £13.55
10% offered a hourly rate of more than £47.50 £49.07 £48.28
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

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