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 1 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 385 479 605
Rank change year-on-year +94 +126 -146
Contract jobs citing V-Model 8 8 11
As % of all contract jobs advertised in London 0.046% 0.031% 0.028%
As % of the Processes & Methodologies category 0.052% 0.035% 0.031%
Number of daily rates quoted 7 4 6
10th Percentile £548 £495 £344
25th Percentile £575 £563 £407
Median daily rate (50th Percentile) £625 £700 £529
Median % change year-on-year -10.71% +32.39% -6.00%
75th Percentile £669 £805 £598
90th Percentile £680 £814 £628
England median daily rate £625 £374 £571
% change year-on-year +67.11% -34.44% +1.42%

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 15,465 23,124 35,641
As % of all contract IT jobs advertised in London 88.32% 90.91% 92.20%
Number of daily rates quoted 11,089 16,746 26,132
10th Percentile £340 £375 £390
25th Percentile £449 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £545
% change year-on-year -4.55% +0.92% +9.00%
Number of hourly rates quoted 320 264 402
10th Percentile £15.50 £18.00 £16.50
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £28.00 £39.21 £35.50
Median % change year-on-year -28.59% +10.45% +8.07%
75th Percentile £48.75 £64.50 £50.00
90th Percentile £68.08 £82.50 £67.50
England median hourly rate £37.50 £37.32 £25.00
% change year-on-year +0.48% +49.28% +11.11%

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 1 June 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
Central London +37 2 £550 -32.10%
West London +22 2 £663 -
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 2 (25.00%) Azure
1 2 (25.00%) Azure DevOps
Development Applications
1 4 (50.00%) Rational DOORS
2 2 (25.00%) JIRA
2 2 (25.00%) Team Foundation Server
General
1 2 (25.00%) Social Skills
2 1 (12.50%) Finance
2 1 (12.50%) Military
2 1 (12.50%) Presentation Skills
Job Titles
1 3 (37.50%) Systems Engineer
2 2 (25.00%) Defect Manager
2 2 (25.00%) Lead
3 1 (12.50%) Analyst
3 1 (12.50%) Business Analyst
3 1 (12.50%) Business IT Analyst
3 1 (12.50%) Consultant
3 1 (12.50%) Finance Business Analyst
3 1 (12.50%) Financial Analyst
3 1 (12.50%) Financial Business Analyst
3 1 (12.50%) IT Analyst
3 1 (12.50%) IT Business Analyst
3 1 (12.50%) Lead Consultant
3 1 (12.50%) Test Leader
3 1 (12.50%) Test Manager
Miscellaneous
1 1 (12.50%) Reinsurance
Processes & Methodologies
1 4 (50.00%) Agile
1 4 (50.00%) SysML
1 4 (50.00%) Systems Engineering
1 4 (50.00%) UML
2 3 (37.50%) Defect Management
2 3 (37.50%) Mathematics
3 2 (25.00%) Design for Manufacturing
3 2 (25.00%) DevOps
4 1 (12.50%) Collaborative Working
4 1 (12.50%) Collateral Management
4 1 (12.50%) Risk Management
4 1 (12.50%) Root Cause Analysis
4 1 (12.50%) Validation
4 1 (12.50%) Verification and Validation
4 1 (12.50%) Waterfall
Qualifications
1 3 (37.50%) Degree
2 1 (12.50%) SC Cleared
2 1 (12.50%) Security Cleared
Quality Assurance & Compliance
1 2 (25.00%) QA
System Software
1 4 (50.00%) Firmware