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 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 | 579 | 672 | 795 |
| Rank change year-on-year | +93 | +123 | -155 |
| Contract jobs citing V-Model | 19 | 47 | 54 |
| As % of all contract jobs advertised in the UK | 0.044% | 0.079% | 0.061% |
| As % of the Processes & Methodologies category | 0.051% | 0.087% | 0.067% |
| Number of daily rates quoted | 15 | 22 | 28 |
| 10th Percentile | £505 | - | £351 |
| 25th Percentile | £519 | £231 | £409 |
| Median daily rate (50th Percentile) | £560 | £280 | £435 |
| Median % change year-on-year | +100.00% | -35.63% | -17.14% |
| 75th Percentile | £656 | £578 | £528 |
| 90th Percentile | £675 | £785 | £627 |
| UK excluding London median daily rate | £525 | £275 | £425 |
| % change year-on-year | +90.91% | -35.29% | +14.86% |
| Number of hourly rates quoted | 1 | 6 | 4 |
| 10th Percentile | - | - | - |
| 25th Percentile | £38.39 | £47.50 | £35.00 |
| Median hourly rate | £41.23 | £50.00 | £38.75 |
| Median % change year-on-year | -17.54% | +29.03% | -13.89% |
| 75th Percentile | £44.07 | £63.75 | £49.06 |
| 90th Percentile | - | £67.50 | £58.63 |
| UK excluding London median hourly rate | £41.23 | £65.00 | £53.75 |
| % change year-on-year | -36.57% | +20.93% | +19.44% |
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 | 37,374 | 53,774 | 80,482 |
| As % of all contract IT jobs advertised in the UK | 86.31% | 89.91% | 90.60% |
| Number of daily rates quoted | 24,095 | 37,304 | 56,474 |
| 10th Percentile | £300 | £325 | £340 |
| 25th Percentile | £413 | £438 | £425 |
| Median daily rate (50th Percentile) | £525 | £550 | £525 |
| Median % change year-on-year | -4.55% | +4.76% | +8.25% |
| 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% | +9.20% |
| Number of hourly rates quoted | 2,422 | 1,763 | 1,928 |
| 10th Percentile | £12.75 | £11.00 | £12.50 |
| 25th Percentile | £16.00 | £16.25 | £15.25 |
| Median hourly rate | £35.00 | £37.34 | £25.00 |
| Median % change year-on-year | -6.27% | +49.36% | - |
| 75th Percentile | £59.44 | £65.00 | £49.25 |
| 90th Percentile | £72.50 | £75.00 | £63.75 |
| UK excluding London median hourly rate | £36.00 | £36.00 | £20.00 |
| % change year-on-year | - | +80.00% | -8.17% |
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 27 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 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 |
|---|---|---|---|---|---|
| England | +106 | 17 | £568 | +102.68% | 26 |
| UK excluding London | +42 | 10 | £525 | +90.91% | 21 |
| London | +105 | 9 | £625 | +25.00% | 4 |
| South East | +19 | 6 | £550 | -15.38% | 6 |
| Work from Home | +119 | 4 | £525 | +5.00% | 9 |
| Scotland | - | 2 | £425 | - | |
| Midlands | +11 | 1 | £500 | +110.53% | 8 |
| East Midlands | +7 | 1 | £500 | +110.53% | 5 |
| North West | - | 1 | - | - | |
| North of England | - | 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: