V-Model Contracts in London

V-Model
England > London

The following table provides summary statistics for contract job vacancies advertised in London 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 20 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 377 483 606
Rank change year-on-year +106 +123 -132
Contract jobs citing V-Model 9 4 10
As % of all contract jobs advertised in London 0.051% 0.015% 0.026%
As % of the Processes & Methodologies category 0.058% 0.017% 0.028%
Number of daily rates quoted 8 1 5
10th Percentile £525 - £389
25th Percentile £553 £450 £504
Median daily rate (50th Percentile) £625 £500 £550
Median % change year-on-year +25.00% -9.09% -2.22%
75th Percentile £666 £550 £606
90th Percentile £679 - £632
England median daily rate £625 £372 £560
% change year-on-year +68.01% -33.60% -0.40%

All Process and Methodology Skills
London

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 advertised in London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,484 23,644 35,916
As % of all contract IT jobs advertised in London 88.60% 90.88% 92.26%
Number of daily rates quoted 11,107 17,068 26,253
10th Percentile £340 £375 £388
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £593 £575
Median % change year-on-year -7.17% +3.04% +9.52%
75th Percentile £681 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 308 267 420
10th Percentile £15.81 £18.30 £17.24
25th Percentile £20.00 £22.45 £23.91
Median hourly rate £27.92 £37.34 £36.41
Median % change year-on-year -25.23% +2.55% +13.78%
75th Percentile £48.75 £63.88 £51.00
90th Percentile £66.83 £82.50 £67.56
England median hourly rate £36.50 £36.54 £25.00
% change year-on-year -0.11% +46.16% +8.70%

V-Model
Job Vacancy Trend in London

Job postings citing V-Model as a proportion of all IT jobs advertised in London.

Job vacancy trend for V-Model in London

V-Model
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing V-Model in London.

Daily rate trend for V-Model in London

V-Model
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing V-Model in London.

Hourly rate trend for V-Model in London

V-Model
Contract Job Locations in London

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 London region over the 6 months to 20 May 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
West London - 2 £663 -
Central London - 2 £550 - 1
V-Model
England

V-Model
Co-occurring Skills and Capabilities in London 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:

Cloud Services
1 3 (33.33%) Azure
1 3 (33.33%) Azure DevOps
Development Applications
1 4 (44.44%) Rational DOORS
2 3 (33.33%) JIRA
3 2 (22.22%) Team Foundation Server
General
1 3 (33.33%) Social Skills
2 1 (11.11%) Finance
2 1 (11.11%) Military
2 1 (11.11%) Presentation Skills
Job Titles
1 3 (33.33%) Defect Manager
1 3 (33.33%) Systems Engineer
2 2 (22.22%) Lead
3 1 (11.11%) Analyst
3 1 (11.11%) Business Analyst
3 1 (11.11%) Business IT Analyst
3 1 (11.11%) Consultant
3 1 (11.11%) Finance Business Analyst
3 1 (11.11%) Financial Analyst
3 1 (11.11%) Financial Business Analyst
3 1 (11.11%) IT Analyst
3 1 (11.11%) IT Business Analyst
3 1 (11.11%) Lead Consultant
3 1 (11.11%) Test Leader
3 1 (11.11%) Test Manager
Miscellaneous
1 1 (11.11%) Reinsurance
Processes & Methodologies
1 5 (55.56%) Agile
2 4 (44.44%) Defect Management
2 4 (44.44%) SysML
2 4 (44.44%) Systems Engineering
2 4 (44.44%) UML
3 3 (33.33%) DevOps
3 3 (33.33%) Mathematics
4 2 (22.22%) Design for Manufacturing
5 1 (11.11%) Collaborative Working
5 1 (11.11%) Collateral Management
5 1 (11.11%) Risk Management
5 1 (11.11%) Root Cause Analysis
5 1 (11.11%) Validation
5 1 (11.11%) Verification and Validation
5 1 (11.11%) Waterfall
Qualifications
1 3 (33.33%) Degree
2 1 (11.11%) SC Cleared
2 1 (11.11%) Security Cleared
Quality Assurance & Compliance
1 2 (22.22%) QA
System Software
1 4 (44.44%) Firmware