Target Operating Model (TOM)
South West > Somerset
The following table provides summary statistics for contract job vacancies advertised in Somerset with a requirement for Target Operating Model skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Target Operating Model over the 6 months to 27 April 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 27 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 27 | 31 | 33 |
| Rank change year-on-year | +4 | +2 | - |
| Contract jobs citing Target Operating Model | 2 | 1 | 3 |
| As % of all contract jobs advertised in Somerset | 1.01% | 0.49% | 1.47% |
| As % of the Processes & Methodologies category | 1.33% | 0.54% | 1.69% |
| Number of daily rates quoted | 2 | 1 | 3 |
| 10th Percentile | - | - | £621 |
| 25th Percentile | - | £660 | £707 |
| Median daily rate (50th Percentile) | £600 | £670 | £900 |
| Median % change year-on-year | -10.38% | -25.61% | - |
| 75th Percentile | - | £679 | £963 |
| 90th Percentile | - | - | £970 |
| South West median daily rate | £600 | £585 | £631 |
| % change year-on-year | +2.56% | -7.33% | +72.83% |
All Process and Methodology Skills
Somerset
Target Operating 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 Somerset with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 150 | 184 | 177 |
| As % of all contract IT jobs advertised in Somerset | 75.38% | 89.76% | 86.76% |
| Number of daily rates quoted | 85 | 138 | 122 |
| 10th Percentile | £159 | £227 | £283 |
| 25th Percentile | £396 | £375 | £400 |
| Median daily rate (50th Percentile) | £500 | £495 | £450 |
| Median % change year-on-year | +1.01% | +10.00% | -4.76% |
| 75th Percentile | £600 | £655 | £536 |
| 90th Percentile | £613 | £727 | £614 |
| South West median daily rate | £525 | £549 | £500 |
| % change year-on-year | -4.37% | +9.80% | +7.53% |
| Number of hourly rates quoted | 28 | 16 | 9 |
| 10th Percentile | £12.50 | £17.38 | £36.19 |
| 25th Percentile | £22.63 | £32.11 | £46.25 |
| Median hourly rate | £25.00 | £50.00 | £49.75 |
| Median % change year-on-year | -50.00% | +0.50% | +15.70% |
| 75th Percentile | £40.00 | £61.09 | £50.00 |
| 90th Percentile | £48.00 | £76.84 | £57.75 |
| South West median hourly rate | £48.00 | £61.50 | £48.75 |
| % change year-on-year | -21.95% | +26.16% | +8.33% |
Target Operating Model
Job Vacancy Trend in Somerset
Job postings citing Target Operating Model as a proportion of all IT jobs advertised in Somerset.
Target Operating Model
Contractor Daily Rate Trend in Somerset
3-month moving average daily rate quoted in jobs citing Target Operating Model in Somerset.
Target Operating Model
Contract Job Locations in Somerset
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Target Operating Model within the Somerset region over the 6 months to 27 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 |
|---|---|---|---|---|---|
| Taunton | +9 | 2 | £600 | -10.38% | |
| Target Operating Model South West |
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Target Operating Model
Co-occurring Skills and Capabilities in Somerset 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:
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