V-Model
UK
The table below provides summary statistics for contract job vacancies requiring V-Model skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited V-Model over the 6 months leading up to 20 June 2024, comparing them to the same period in the previous two years.
| 6 months to 20 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 570 | 630 | 810 |
| Rank change year-on-year | +60 | +180 | -121 |
| Contract jobs citing V-Model | 14 | 67 | 38 |
| As % of all contract jobs advertised in the UK | 0.032% | 0.12% | 0.044% |
| As % of the Processes & Methodologies category | 0.038% | 0.13% | 0.048% |
| Number of daily rates quoted | 11 | 39 | 18 |
| 10th Percentile | £500 | £299 | £348 |
| 25th Percentile | £544 | £363 | £443 |
| Median daily rate (50th Percentile) | £625 | £374 | £510 |
| Median % change year-on-year | +67.11% | -26.67% | +6.53% |
| 75th Percentile | £675 | £509 | £669 |
| 90th Percentile | £688 | £645 | £689 |
| UK excluding London median daily rate | £575 | £374 | £650 |
| % change year-on-year | +53.74% | -42.46% | +62.50% |
| Number of hourly rates quoted | 0 | 6 | 5 |
| 10th Percentile | - | - | - |
| 25th Percentile | - | £47.50 | - |
| Median hourly rate | - | £50.00 | £65.00 |
| Median % change year-on-year | - | -23.08% | - |
| 75th Percentile | - | £63.75 | £65.30 |
| 90th Percentile | - | £67.50 | - |
| UK excluding London median hourly rate | - | £65.00 | £65.00 |
All Process and Methodology Skills
UK
V-Model falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 37,178 | 49,770 | 79,013 |
| As % of all contract IT jobs advertised in the UK | 85.13% | 89.61% | 90.64% |
| Number of daily rates quoted | 23,737 | 34,458 | 55,587 |
| 10th Percentile | £300 | £325 | £350 |
| 25th Percentile | £413 | £438 | £436 |
| Median daily rate (50th Percentile) | £525 | £550 | £538 |
| Median % change year-on-year | -4.55% | +2.33% | +7.50% |
| 75th Percentile | £638 | £650 | £650 |
| 90th Percentile | £750 | £750 | £743 |
| UK excluding London median daily rate | £500 | £500 | £490 |
| % change year-on-year | - | +2.04% | +8.89% |
| Number of hourly rates quoted | 2,579 | 1,678 | 1,852 |
| 10th Percentile | £12.75 | £10.96 | £12.50 |
| 25th Percentile | £16.00 | £15.75 | £15.90 |
| Median hourly rate | £37.00 | £35.65 | £26.00 |
| Median % change year-on-year | +3.79% | +37.12% | +13.04% |
| 75th Percentile | £61.28 | £65.00 | £50.15 |
| 90th Percentile | £72.50 | £75.00 | £65.25 |
| UK excluding London median hourly rate | £38.12 | £34.90 | £21.00 |
| % change year-on-year | +9.23% | +66.18% | - |
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 20 June 2024.
V-Model
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing V-Model.
V-Model
Top 8 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 20 June 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 | +44 | 11 | £625 | +67.11% | 12 |
| London | +80 | 8 | £625 | +8.70% | 3 |
| UK excluding London | -12 | 6 | £575 | +53.74% | 9 |
| Work from Home | +91 | 5 | £550 | +47.06% | 2 |
| Scotland | +47 | 3 | £588 | +38.24% | |
| South East | -15 | 2 | £650 | +73.80% | 3 |
| Midlands | +14 | 1 | £500 | +78.57% | 3 |
| East Midlands | +4 | 1 | £500 | +78.57% | 2 |
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: