V-Model
UK
The following table provides summary statistics for contract job vacancies 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 19 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 19 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 569 | 635 | 808 |
| Rank change year-on-year | +66 | +173 | -142 |
| Contract jobs citing V-Model | 15 | 61 | 38 |
| As % of all contract jobs advertised in the UK | 0.035% | 0.11% | 0.043% |
| As % of the Processes & Methodologies category | 0.041% | 0.12% | 0.048% |
| Number of daily rates quoted | 11 | 35 | 19 |
| 10th Percentile | £500 | £247 | £353 |
| 25th Percentile | £525 | £314 | £413 |
| Median daily rate (50th Percentile) | £625 | £374 | £500 |
| Median % change year-on-year | +67.11% | -25.20% | -4.76% |
| 75th Percentile | £669 | £406 | £628 |
| 90th Percentile | £675 | £573 | £675 |
| UK excluding London median daily rate | £500 | £374 | £430 |
| % change year-on-year | +33.69% | -13.02% | +7.50% |
| Number of hourly rates quoted | 1 | 6 | 5 |
| 10th Percentile | - | - | - |
| 25th Percentile | £38.39 | £47.50 | £35.00 |
| Median hourly rate | £41.23 | £50.00 | £42.50 |
| Median % change year-on-year | -17.54% | +17.65% | -5.56% |
| 75th Percentile | £44.07 | £63.75 | £65.00 |
| 90th Percentile | - | £67.50 | £65.18 |
| UK excluding London median hourly rate | £41.23 | £65.00 | £65.00 |
| % change year-on-year | -36.57% | - | +44.44% |
All Process and Methodology Skills
UK
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 with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 36,644 | 51,414 | 79,489 |
| As % of all contract IT jobs advertised in the UK | 86.11% | 89.76% | 90.61% |
| Number of daily rates quoted | 23,629 | 35,622 | 55,798 |
| 10th Percentile | £300 | £325 | £344 |
| 25th Percentile | £413 | £438 | £430 |
| Median daily rate (50th Percentile) | £525 | £550 | £530 |
| Median % change year-on-year | -4.55% | +3.77% | +7.07% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £500 | £500 | £480 |
| % change year-on-year | - | +4.17% | +9.09% |
| Number of hourly rates quoted | 2,441 | 1,693 | 1,893 |
| 10th Percentile | £12.75 | £10.63 | £12.50 |
| 25th Percentile | £16.00 | £15.99 | £15.50 |
| Median hourly rate | £36.05 | £36.00 | £25.68 |
| Median % change year-on-year | +0.13% | +40.19% | +7.00% |
| 75th Percentile | £60.00 | £65.00 | £49.52 |
| 90th Percentile | £72.50 | £75.00 | £65.00 |
| UK excluding London median hourly rate | £37.50 | £35.00 | £20.00 |
| % change year-on-year | +7.14% | +75.00% | -5.27% |
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 19 May 2024.
V-Model
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing V-Model.
V-Model
Top 10 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 19 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 |
|---|---|---|---|---|---|
| England | +72 | 13 | £625 | +68.01% | 25 |
| London | +99 | 9 | £625 | +25.00% | 3 |
| UK excluding London | +12 | 6 | £500 | +33.69% | 22 |
| Work from Home | +92 | 4 | £525 | +40.37% | 10 |
| Scotland | +37 | 2 | £425 | - | |
| South East | -5 | 2 | £650 | +73.80% | 7 |
| Midlands | +16 | 1 | £500 | +97.04% | 9 |
| East Midlands | +11 | 1 | £500 | +97.04% | 4 |
| North West | - | 1 | - | - | 1 |
| North of England | - | 1 | - | - | 1 |
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:
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