Model Validation
England > West Midlands
The following table provides summary statistics for contract job vacancies advertised in the West Midlands with a requirement for Model Validation skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Model Validation over the 6 months to 28 April 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 28 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 107 | - | 169 |
| Rank change year-on-year | - | - | - |
| Contract jobs citing Model Validation | 2 | 0 | 6 |
| As % of all contract jobs advertised in the West Midlands | 0.10% | - | 0.17% |
| As % of the Processes & Methodologies category | 0.12% | - | 0.19% |
| Number of daily rates quoted | 2 | 0 | 2 |
| 10th Percentile | - | - | £427 |
| 25th Percentile | £694 | - | £439 |
| Median daily rate (50th Percentile) | £713 | - | £469 |
| 75th Percentile | £731 | - | £489 |
| 90th Percentile | - | - | £496 |
| England median daily rate | £625 | £900 | £575 |
| % change year-on-year | -30.56% | +56.52% | -14.81% |
All Process and Methodology Skills
West Midlands
Model Validation 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 the West Midlands with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 1,617 | 2,114 | 3,201 |
| As % of all contract IT jobs advertised in the West Midlands | 84.00% | 88.67% | 90.19% |
| Number of daily rates quoted | 1,066 | 1,452 | 2,361 |
| 10th Percentile | £275 | £263 | £270 |
| 25th Percentile | £375 | £401 | £394 |
| Median daily rate (50th Percentile) | £500 | £512 | £488 |
| Median % change year-on-year | -2.34% | +5.03% | +17.47% |
| 75th Percentile | £625 | £600 | £575 |
| 90th Percentile | £750 | £694 | £675 |
| England median daily rate | £525 | £550 | £538 |
| % change year-on-year | -4.55% | +2.33% | +9.69% |
| Number of hourly rates quoted | 115 | 45 | 69 |
| 10th Percentile | £11.09 | £12.20 | £12.00 |
| 25th Percentile | £14.00 | £13.31 | £13.87 |
| Median hourly rate | £22.50 | £17.72 | £17.00 |
| Median % change year-on-year | +26.98% | +4.24% | +1.07% |
| 75th Percentile | £41.13 | £23.75 | £19.86 |
| 90th Percentile | £57.75 | £51.25 | £22.05 |
| England median hourly rate | £35.50 | £37.50 | £24.35 |
| % change year-on-year | -5.33% | +54.00% | +1.46% |
Model Validation
Job Vacancy Trend in the West Midlands
Job postings citing Model Validation as a proportion of all IT jobs advertised in the West Midlands.
Model Validation
Contractor Daily Rate Trend in the West Midlands
3-month moving average daily rate quoted in jobs citing Model Validation in the West Midlands.
Model Validation
Contractor Hourly Rate Trend in the West Midlands
3-month moving average hourly rates quoted in jobs citing Model Validation in the West Midlands.
Model Validation
Co-occurring Skills and Capabilities in the West Midlands 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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