V-Model Contracts in London

V-Model
England > London

The following table provides summary statistics for contract job vacancies advertised in London 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 6 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 384 500 593
Rank change year-on-year +116 +93 -137
Contract jobs citing V-Model 9 5 14
As % of all contract jobs advertised in London 0.050% 0.019% 0.036%
As % of the Processes & Methodologies category 0.057% 0.021% 0.039%
Number of daily rates quoted 8 2 9
10th Percentile £525 - £323
25th Percentile £553 £450 £504
Median daily rate (50th Percentile) £625 £500 £525
Median % change year-on-year +25.00% -4.76% -6.67%
75th Percentile £666 £550 £575
90th Percentile £679 - £615
England median daily rate £625 £374 £525
% change year-on-year +67.11% -28.76% -6.67%

All Process and Methodology Skills
London

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 advertised in London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,808 24,326 35,979
As % of all contract IT jobs advertised in London 88.69% 90.98% 92.30%
Number of daily rates quoted 11,340 17,488 26,268
10th Percentile £338 £375 £389
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.61%
Number of hourly rates quoted 324 276 422
10th Percentile £16.00 £18.50 £17.28
25th Percentile £20.00 £22.48 £23.91
Median hourly rate £28.75 £39.00 £36.75
Median % change year-on-year -26.28% +6.12% +12.47%
75th Percentile £47.95 £63.81 £51.00
90th Percentile £65.53 £80.00 £68.75
England median hourly rate £36.50 £37.15 £24.35
% change year-on-year -1.75% +52.57% +3.62%

V-Model
Job Vacancy Trend in London

Job postings citing V-Model as a proportion of all IT jobs advertised in London.

Job vacancy trend for V-Model in London

V-Model
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing V-Model in London.

Daily rate trend for V-Model in London

V-Model
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing V-Model in London.

Hourly rate trend for V-Model in London

V-Model
Contract Job Locations in London

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 London region over the 6 months to 6 May 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
West London - 2 £663 -
Central London - 2 £550 -
V-Model
England

V-Model
Co-occurring Skills and Capabilities in London 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:

Cloud Services
1 3 (33.33%) Azure
1 3 (33.33%) Azure DevOps
Development Applications
1 4 (44.44%) Rational DOORS
2 3 (33.33%) JIRA
3 2 (22.22%) Team Foundation Server
General
1 3 (33.33%) Social Skills
2 1 (11.11%) Finance
2 1 (11.11%) Military
2 1 (11.11%) Presentation Skills
Job Titles
1 3 (33.33%) Defect Manager
1 3 (33.33%) Systems Engineer
2 2 (22.22%) Lead
3 1 (11.11%) Analyst
3 1 (11.11%) Business Analyst
3 1 (11.11%) Business IT Analyst
3 1 (11.11%) Consultant
3 1 (11.11%) Finance Business Analyst
3 1 (11.11%) Financial Analyst
3 1 (11.11%) Financial Business Analyst
3 1 (11.11%) IT Analyst
3 1 (11.11%) IT Business Analyst
3 1 (11.11%) Lead Consultant
3 1 (11.11%) Test Leader
3 1 (11.11%) Test Manager
Miscellaneous
1 1 (11.11%) Reinsurance
Processes & Methodologies
1 5 (55.56%) Agile
2 4 (44.44%) Defect Management
2 4 (44.44%) SysML
2 4 (44.44%) Systems Engineering
2 4 (44.44%) UML
3 3 (33.33%) DevOps
3 3 (33.33%) Mathematics
4 2 (22.22%) Design for Manufacturing
5 1 (11.11%) Collaborative Working
5 1 (11.11%) Collateral Management
5 1 (11.11%) Risk Management
5 1 (11.11%) Root Cause Analysis
5 1 (11.11%) Validation
5 1 (11.11%) Verification and Validation
5 1 (11.11%) Waterfall
Qualifications
1 3 (33.33%) Degree
2 1 (11.11%) SC Cleared
2 1 (11.11%) Security Cleared
Quality Assurance & Compliance
1 2 (22.22%) QA
System Software
1 4 (44.44%) Firmware