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 2 September 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
2 Sep 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank - - 592
Contract jobs citing Stochastic Modelling 0 0 1
As % of all contract IT jobs located in the UK - - 0.002%
As % of the Processes & Methodologies category - - 0.002%
Number of daily rates quoted 0 0 1
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
46277 43014 40015
As % of all contract IT jobs located in the UK 78.09% 76.08% 74.93%
Number of daily rates quoted 30167 26709 24575
Average daily rate £425 £410 £400
Average daily rate % change year-on-year
+3.65% +2.50%
90% offered a daily rate of more than £289 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 1257 1173 1116
Average hourly rate £31.44 £25.00 £29.50
Average hourly rate % change year-on-year
+25.76% -15.25%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £51.17 £50.50 £50.00
UK excluding London average hourly rate £32.50 £26.83 £30.25
% change year-on-year
+21.13% -11.30%

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