V-Model
UK
The following table provides summary statistics for contract job vacancies with a requirement for V-Model skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited V-Model over the 6 months to 18 April 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 18 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 559 | 666 | 798 |
| Rank change year-on-year | +107 | +132 | -147 |
| Contract jobs citing V-Model | 28 | 49 | 62 |
| As % of all contract jobs advertised in the UK | 0.064% | 0.081% | 0.069% |
| As % of the Processes & Methodologies category | 0.074% | 0.090% | 0.076% |
| Number of daily rates quoted | 23 | 25 | 33 |
| 10th Percentile | £440 | - | £333 |
| 25th Percentile | £513 | £231 | £400 |
| Median daily rate (50th Percentile) | £560 | £280 | £425 |
| Median % change year-on-year | +100.00% | -34.12% | -21.84% |
| 75th Percentile | £641 | £550 | £525 |
| 90th Percentile | £673 | £740 | £605 |
| UK excluding London median daily rate | £524 | £280 | £425 |
| % change year-on-year | +87.05% | -34.12% | +14.86% |
| Number of hourly rates quoted | 1 | 6 | 3 |
| 10th Percentile | - | - | - |
| 25th Percentile | £38.39 | £47.50 | - |
| Median hourly rate | £41.23 | £50.00 | £35.00 |
| Median % change year-on-year | -17.54% | +42.86% | -22.22% |
| 75th Percentile | £44.07 | £63.75 | £39.38 |
| 90th Percentile | - | £67.50 | £42.00 |
| UK excluding London median hourly rate | £41.23 | £65.00 | £42.50 |
| % change year-on-year | -36.57% | +52.94% | -5.56% |
All Process and Methodology Skills
UK
V-Model is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 37,760 | 54,632 | 81,458 |
| As % of all contract IT jobs advertised in the UK | 86.38% | 89.84% | 90.62% |
| Number of daily rates quoted | 24,440 | 37,790 | 57,209 |
| 10th Percentile | £300 | £325 | £338 |
| 25th Percentile | £413 | £438 | £425 |
| Median daily rate (50th Percentile) | £525 | £550 | £525 |
| Median % change year-on-year | -4.55% | +4.76% | +9.38% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £500 | £500 | £475 |
| % change year-on-year | - | +5.26% | +10.47% |
| Number of hourly rates quoted | 2,414 | 1,780 | 1,950 |
| 10th Percentile | £12.75 | £11.00 | £12.50 |
| 25th Percentile | £15.90 | £16.34 | £15.25 |
| Median hourly rate | £35.00 | £36.00 | £25.00 |
| Median % change year-on-year | -2.78% | +44.00% | - |
| 75th Percentile | £58.69 | £65.00 | £49.25 |
| 90th Percentile | £71.83 | £75.00 | £63.60 |
| UK excluding London median hourly rate | £35.00 | £35.00 | £19.96 |
| % change year-on-year | - | +75.39% | -8.21% |
V-Model
Job Vacancy Trend
Job postings citing V-Model as a proportion of all IT jobs advertised.
V-Model
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing V-Model.
V-Model
Daily Rate Histogram
Daily rate distribution for jobs citing V-Model over the 6 months to 18 April 2024.
V-Model
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing V-Model.
V-Model
Top 10 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing V-Model within the UK over the 6 months to 18 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.
| Location | Rank Change on Same Period Last Year |
Matching Contract IT Job Ads |
Median Daily Rate Past 6 Months |
Median Daily Rate % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| England | +111 | 23 | £575 | +105.36% | 27 |
| UK excluding London | +25 | 14 | £524 | +87.05% | 24 |
| London | +120 | 13 | £625 | +25.00% | 4 |
| Work from Home | +129 | 9 | £550 | +10.00% | 9 |
| South East | +18 | 8 | £555 | -14.62% | 8 |
| Scotland | +39 | 4 | £425 | -5.56% | 3 |
| Midlands | +24 | 1 | £500 | +110.53% | 7 |
| East Midlands | +2 | 1 | £500 | +110.53% | 3 |
| North West | - | 1 | - | - | 1 |
| North of England | - | 1 | - | - | 1 |
V-Model
Co-occurring Skills and Capabilities by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories: