Model Validation
England > South East
The table below provides summary statistics for contract job vacancies advertised in the South East requiring Model Validation skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Model Validation over the 6 months leading up to 10 June 2024, comparing them to the same period in the previous two years.
| 6 months to 10 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 215 | 264 |
| Rank change year-on-year | - | +49 | -37 |
| Contract jobs citing Model Validation | 0 | 3 | 3 |
| As % of all contract jobs advertised in the South East | - | 0.053% | 0.039% |
| As % of the Processes & Methodologies category | - | 0.060% | 0.044% |
| Number of daily rates quoted | 0 | 3 | 2 |
| 10th Percentile | - | - | £294 |
| 25th Percentile | - | - | £322 |
| Median daily rate (50th Percentile) | - | £1,100 | £375 |
| Median % change year-on-year | - | +193.33% | - |
| 75th Percentile | - | - | £434 |
| 90th Percentile | - | - | £466 |
| England median daily rate | £589 | £960 | £588 |
| % change year-on-year | -38.70% | +63.40% | +5.62% |
All Process and Methodology Skills
South East
Model Validation 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 in the South East.
| Contract vacancies with a requirement for process or methodology skills | 4,753 | 5,035 | 6,877 |
| As % of all contract IT jobs advertised in the South East | 82.73% | 89.04% | 89.78% |
| Number of daily rates quoted | 2,744 | 3,459 | 4,680 |
| 10th Percentile | £261 | £250 | £244 |
| 25th Percentile | £400 | £400 | £400 |
| Median daily rate (50th Percentile) | £501 | £501 | £500 |
| Median % change year-on-year | +0.10% | +0.10% | +8.11% |
| 75th Percentile | £625 | £619 | £600 |
| 90th Percentile | £700 | £700 | £675 |
| England median daily rate | £525 | £550 | £550 |
| % change year-on-year | -4.55% | - | +10.00% |
| Number of hourly rates quoted | 470 | 221 | 273 |
| 10th Percentile | £13.00 | £16.25 | £12.31 |
| 25th Percentile | £18.32 | £24.50 | £15.50 |
| Median hourly rate | £47.50 | £52.50 | £22.00 |
| Median % change year-on-year | -9.52% | +138.64% | -12.00% |
| 75th Percentile | £65.00 | £66.00 | £47.50 |
| 90th Percentile | £77.04 | £75.00 | £63.65 |
| England median hourly rate | £37.50 | £36.00 | £25.68 |
| % change year-on-year | +4.17% | +40.19% | +14.13% |
Model Validation
Job Vacancy Trend in the South East
Job postings citing Model Validation as a proportion of all IT jobs advertised in the South East.
Model Validation
Contractor Daily Rate Trend in the South East
3-month moving average daily rate quoted in jobs citing Model Validation in the South East.
Model Validation
Contractor Hourly Rate Trend in the South East
3-month moving average hourly rates quoted in jobs citing Model Validation in the South East.