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 3 months to 26 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.

V-Model
England / London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 408 392 413
Rank change year-on-year -16 +21  
Contract jobs citing V-Model 16 26 29
As % of all contract IT jobs advertised in London 0.077% 0.12% 0.12%
As % of the Processes & Methodologies category 0.089% 0.14% 0.15%
Number of daily rates quoted 13 22 11
Median daily rate £510 £315 £370
Median daily rate % change year-on-year +61.90% -14.86%  
90% offered a daily rate of more than £363 £280 £190
10% offered a daily rate of more than £534 £475 £438
UK excluding London median daily rate £325 £350 £267
% change year-on-year -7.28% +31.33%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £52.50 £42.50 £30.25
% change year-on-year +23.52% +40.49%  

V-Model 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 London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
London
Contract job vacancies with a requirement for process and methodology skills 17979 18242 19175
As % of all contract IT job vacancies advertised in London 86.61% 85.33% 82.14%
Number of daily rates quoted 12883 13341 13612
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £350 £325 £310
10% offered a daily rate of more than £625 £630 £625
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 188 156 254
Median hourly rate £26.50 £21.00 £22.00
Median hourly rate % change year-on-year +26.19% -4.54%  
90% offered a hourly rate of more than £14.75 £12.50 £11.00
10% offered a hourly rate of more than £51.25 £46.00 £55.40
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

V-Model
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing V-Model as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for V-Model in London

V-Model
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing V-Model in London.

Contractor daily rate trend for V-Model in London

V-Model
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing V-Model in London over the 3 months to 26 June 2017.

Contractor daily rate histogram for V-Model in London

V-Model
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing V-Model in London.

Contractor 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 3 months to 26 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
City of London -1 5 £493 +48.67% 3
Greenford - 1 £344 -
V-Model
England

For the 6 months to 26 June 2017, IT contractor jobs citing V-Model 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 London region with a requirement for V-Model.

1 25 (80.65%) Agile Software Development
2 20 (64.52%) Waterfall
3 18 (58.06%) Finance
4 17 (54.84%) Banking
5 15 (48.39%) Microsoft
6 13 (41.94%) Back Office
7 11 (35.48%) Investment Banking
8 10 (32.26%) UML
8 10 (32.26%) Analytical Skills
9 9 (29.03%) Risk Management
9 9 (29.03%) Management Information System
9 9 (29.03%) Use Case
10 8 (25.81%) Data Management
10 8 (25.81%) Business Analysis
10 8 (25.81%) Test Scripting
10 8 (25.81%) BPMN
10 8 (25.81%) Defect Management
10 8 (25.81%) Business Process Modelling
10 8 (25.81%) Scenario Testing
11 7 (22.58%) Cybersecurity
11 7 (22.58%) Workflow Analysis
11 7 (22.58%) Test Strategy
11 7 (22.58%) User Acceptance Testing
11 7 (22.58%) Workflow
11 7 (22.58%) Business Intelligence
12 6 (19.35%) HP
12 6 (19.35%) Windows
12 6 (19.35%) Test Management
12 6 (19.35%) Test Automation
13 5 (16.13%) HP Quality Center

V-Model
Co-occurring IT Skills in London 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 (6.45%) Confluence
2 1 (3.23%) SharePoint
Applications
1 4 (12.90%) Microsoft Project
1 4 (12.90%) MS Visio
2 2 (6.45%) Microsoft Office
3 1 (3.23%) Microsoft Excel
Business Applications
1 3 (9.68%) SAP FI
2 1 (3.23%) Dynamics AX
2 1 (3.23%) IntelliMatch
Communications & Networking
1 4 (12.90%) Wi-Fi
2 1 (3.23%) DHCP
2 1 (3.23%) PuTTY
2 1 (3.23%) SNMP
Database & Business Intelligence
1 1 (3.23%) Data Warehouse
1 1 (3.23%) SQL Server
Development Applications
1 5 (16.13%) HP UFT
2 4 (12.90%) Team Foundation Server
3 2 (6.45%) JIRA
3 2 (6.45%) Selenium
4 1 (3.23%) Bugzilla
4 1 (3.23%) Rational DOORS
4 1 (3.23%) SoapUI
4 1 (3.23%) TestDirector
4 1 (3.23%) VectorCAST
General
1 18 (58.06%) Finance
2 17 (54.84%) Banking
3 13 (41.94%) Back Office
4 11 (35.48%) Investment Banking
5 4 (12.90%) Marketing
6 1 (3.23%) Front Office
6 1 (3.23%) Military
6 1 (3.23%) Retail
6 1 (3.23%) Retail Banking
Job Titles
1 12 (38.71%) Analyst
2 9 (29.03%) Business Analyst
3 4 (12.90%) Product Owner
3 4 (12.90%) Test Manager
3 4 (12.90%) Tester
4 3 (9.68%) SAP Tester
5 2 (6.45%) Applications Manager
5 2 (6.45%) Banking Analyst
5 2 (6.45%) SC Cleared Business Analyst
5 2 (6.45%) Test Analyst
5 2 (6.45%) Test Leader
6 1 (3.23%) Architect
6 1 (3.23%) Information Assurance Engineer
6 1 (3.23%) OAT Manager
6 1 (3.23%) Programme Manager
6 1 (3.23%) Public Sector Business Analyst
6 1 (3.23%) Software Engineer
6 1 (3.23%) Software Verification Engineer
6 1 (3.23%) Solutions Architect
6 1 (3.23%) Systems Engineer
Libraries, Frameworks & Software Standards
1 2 (6.45%) .NET
2 1 (3.23%) HTML
2 1 (3.23%) Middleware
2 1 (3.23%) RESTful
2 1 (3.23%) SOAP
2 1 (3.23%) Web Services
2 1 (3.23%) XML
Miscellaneous
1 10 (32.26%) Analytical Skills
2 9 (29.03%) Management Information System
3 4 (12.90%) Contactless
4 3 (9.68%) SWIFT
4 3 (9.68%) Tandem
5 2 (6.45%) FMCG
6 1 (3.23%) ASIC
6 1 (3.23%) CESG
6 1 (3.23%) Derivative
6 1 (3.23%) Equities
6 1 (3.23%) Field-Programmable Gate Array
6 1 (3.23%) Fixed Income
6 1 (3.23%) OTC Derivatives
6 1 (3.23%) Reference Data
Operating Systems
1 6 (19.35%) Windows
2 3 (9.68%) Unix
3 2 (6.45%) Windows 10
4 1 (3.23%) Linux
Processes & Methodologies
1 25 (80.65%) Agile Software Development
2 20 (64.52%) Waterfall
3 10 (32.26%) UML
4 9 (29.03%) Risk Management
4 9 (29.03%) Use Case
5 8 (25.81%) BPMN
5 8 (25.81%) Business Analysis
5 8 (25.81%) Business Process Modelling
5 8 (25.81%) Data Management
5 8 (25.81%) Defect Management
5 8 (25.81%) Scenario Testing
5 8 (25.81%) Test Scripting
6 7 (22.58%) Business Intelligence
6 7 (22.58%) Cybersecurity
6 7 (22.58%) Test Strategy
6 7 (22.58%) User Acceptance Testing
6 7 (22.58%) Workflow
6 7 (22.58%) Workflow Analysis
7 6 (19.35%) Test Automation
7 6 (19.35%) Test Management
Programming Languages
1 3 (9.68%) SQL
2 2 (6.45%) C++
3 1 (3.23%) Java
Qualifications
1 5 (16.13%) Degree
1 5 (16.13%) ISEB
1 5 (16.13%) Security Cleared
2 4 (12.90%) IIBA
2 4 (12.90%) ISTQB
2 4 (12.90%) SC Cleared
3 3 (9.68%) ISTQB Foundation Certification
4 1 (3.23%) PRINCE2 Certification
4 1 (3.23%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 2 (6.45%) QA
2 1 (3.23%) MiFID
2 1 (3.23%) MISRA
System Software
1 1 (3.23%) Firmware
Systems Management
1 5 (16.13%) HP Quality Center
Vendors
1 15 (48.39%) Microsoft
2 6 (19.35%) HP
3 3 (9.68%) SAP
4 1 (3.23%) IBM
4 1 (3.23%) JD Edwards
4 1 (3.23%) Murex
4 1 (3.23%) Oracle
4 1 (3.23%) Serena
4 1 (3.23%) Teradata
London
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