The following table provides summary statistics for contract job vacancies advertised in Wales 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 24 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
UK / Wales
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank - 59 79
Contract jobs citing V-Model 0 1 1
As % of all contract IT jobs advertised in Wales - 0.18% 0.12%
As % of the Processes & Methodologies category - 0.23% 0.14%
Number of daily rates quoted 0 1 1
Median daily rate - £325 £175
Median daily rate % change year-on-year - +85.71%  
UK excluding London median daily rate £325 £350 £263
% change year-on-year -7.14% +33.07%  
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 Wales with a requirement for process and methodology skills.

Contract Process & Methodology Skills
Wales
Contract job vacancies with a requirement for process and methodology skills 529 441 720
As % of all contract IT job vacancies advertised in Wales 85.88% 78.47% 82.95%
Number of daily rates quoted 369 310 492
Median daily rate £380 £400 £365
Median daily rate % change year-on-year -5.00% +9.58%  
90% offered a daily rate of more than £288 £275 £270
10% offered a daily rate of more than £525 £540 £463
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 42 22 29
Median hourly rate £36.50 £35.00 £15.00
Median hourly rate % change year-on-year +4.28% +133.33%  
90% offered a hourly rate of more than £13.00 £10.88 £12.49
10% offered a hourly rate of more than £60.00 £72.50 £21.75
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 Wales

The job posting trend of jobs advertised in Wales 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 Wales

V-Model
Contractor Daily Rate Trend in Wales

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

Contractor daily rate trend for V-Model in Wales