The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Stochastic Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Stochastic Modelling over the 3 months to 22 June 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Stochastic Modelling
UK / England
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 587 - -
Rank change year-on-year - 0  
Contract jobs citing Stochastic Modelling 3 0 0
As % of all contract IT jobs advertised in England 0.007% - -
As % of the Processes & Methodologies category 0.008% - -
Number of daily rates quoted 1 0 0
Median daily rate £475 - -
UK excluding London median daily rate £475 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Stochastic Modelling is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for process and methodology skills.

Contract Process & Methodology Skills
England
Contract job vacancies with a requirement for process and methodology skills 36460 41364 41331
As % of all contract IT job vacancies advertised in England 84.71% 83.50% 80.82%
Number of daily rates quoted 23944 27759 26979
Median daily rate £450 £446 £415
Median daily rate % change year-on-year +0.84% +7.53%  
90% offered a daily rate of more than £313 £300 £288
10% offered a daily rate of more than £600 £600 £593
UK excluding London median daily rate £415 £400 £385
% change year-on-year +3.75% +3.89%  
Number of hourly rates quoted 956 965 1150
Median hourly rate £32.00 £27.25 £26.00
Median hourly rate % change year-on-year +17.43% +4.80%  
90% offered a hourly rate of more than £12.50 £12.55 £12.00
10% offered a hourly rate of more than £52.50 £47.83 £50.00
UK excluding London median hourly rate £33.50 £28.50 £30.00
% change year-on-year +17.54% -5.00%  

Stochastic Modelling
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing Stochastic Modelling as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Stochastic Modelling in England

Stochastic Modelling
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Stochastic Modelling in England

Stochastic Modelling
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Stochastic Modelling within the England region over the 3 months to 22 June 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
South East - 2 - -
West Midlands - 1 £475 -
Stochastic Modelling
UK

For the 6 months to 22 June 2017, IT contractor jobs citing Stochastic Modelling also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Stochastic Modelling.

1 4 (100.00%) SQL
2 3 (75.00%) Finance
3 2 (50.00%) Debian
3 2 (50.00%) Scrum
3 2 (50.00%) Agile Software Development
3 2 (50.00%) Maven
3 2 (50.00%) Ubuntu
3 2 (50.00%) jBPM
3 2 (50.00%) HTML
3 2 (50.00%) Java
3 2 (50.00%) JavaScript
3 2 (50.00%) Eclipse
3 2 (50.00%) MySQL
3 2 (50.00%) CSS
3 2 (50.00%) XML
3 2 (50.00%) Unix
3 2 (50.00%) Linux
3 2 (50.00%) Apache
3 2 (50.00%) Tomcat
3 2 (50.00%) Cluster Analysis
3 2 (50.00%) Drools
3 2 (50.00%) Web Development
3 2 (50.00%) Java EE
3 2 (50.00%) R
3 2 (50.00%) KnockoutJS
3 2 (50.00%) Jenkins
3 2 (50.00%) React
3 2 (50.00%) Polymer
3 2 (50.00%) AngularJS
4 1 (25.00%) GARCH

Stochastic Modelling
Co-occurring IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (50.00%) Apache
1 2 (50.00%) Tomcat
2 1 (25.00%) Apache Spark
Database & Business Intelligence
1 2 (50.00%) MySQL
2 1 (25.00%) Apache Cassandra
2 1 (25.00%) Data Mining
2 1 (25.00%) MongoDB
2 1 (25.00%) NoSQL
Development Applications
1 2 (50.00%) Eclipse
1 2 (50.00%) Jenkins
1 2 (50.00%) Maven
General
1 3 (75.00%) Finance
2 1 (25.00%) Banking
2 1 (25.00%) Financial Institution
Job Titles
1 2 (50.00%) Developer
1 2 (50.00%) Java Developer
1 2 (50.00%) Java Web Developer
1 2 (50.00%) Web Developer
2 1 (25.00%) Analyst
2 1 (25.00%) Data Scientist
2 1 (25.00%) Product Analyst
2 1 (25.00%) Qualitative Analyst
2 1 (25.00%) Quantitative Analyst
2 1 (25.00%) Senior Analyst
2 1 (25.00%) Senior Quantitative Analyst
2 1 (25.00%) SQL Analyst
Libraries, Frameworks & Software Standards
1 2 (50.00%) AngularJS
1 2 (50.00%) CSS
1 2 (50.00%) Drools
1 2 (50.00%) HTML
1 2 (50.00%) Java EE
1 2 (50.00%) jBPM
1 2 (50.00%) KnockoutJS
1 2 (50.00%) Polymer
1 2 (50.00%) React
1 2 (50.00%) XML
Miscellaneous
1 1 (25.00%) Algorithms
1 1 (25.00%) Analytical Skills
1 1 (25.00%) Computer Science
1 1 (25.00%) Foreign Exchange (FX)
Operating Systems
1 2 (50.00%) Debian
1 2 (50.00%) Linux
1 2 (50.00%) Ubuntu
1 2 (50.00%) Unix
Processes & Methodologies
1 2 (50.00%) Agile Software Development
1 2 (50.00%) Cluster Analysis
1 2 (50.00%) Scrum
1 2 (50.00%) Web Development
2 1 (25.00%) Bayesian Methods
2 1 (25.00%) Change Management
2 1 (25.00%) Data Modelling
2 1 (25.00%) Decision Tree
2 1 (25.00%) GARCH
2 1 (25.00%) Machine Learning
2 1 (25.00%) Mathematics
2 1 (25.00%) Monte Carlo Method
2 1 (25.00%) Neural Network
2 1 (25.00%) Physics
2 1 (25.00%) Statistics
2 1 (25.00%) Time Series Analysis
Programming Languages
1 4 (100.00%) SQL
2 2 (50.00%) Java
2 2 (50.00%) JavaScript
2 2 (50.00%) R
3 1 (25.00%) Python
3 1 (25.00%) Ruby
3 1 (25.00%) VB
Qualifications
1 1 (25.00%) Degree
East London
Spencer Rose
Rate: From £450 to £500 per day
Posted: 6 days ago