The table below looks at the prevalence of the term Banking in IT contracts advertised for the Bedfordshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 24 April 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
24 Apr 2015
Same period 2014 Same period 2013
Banking
Rank 41 43 28
Rank change year-on-year
+2 -15
Contract jobs citing Banking 5 3 2
As % of all contract IT jobs located in Bedfordshire 1.27% 0.70% 1.03%
As % of the General category 2.76% 1.82% 2.67%
Number of daily rates quoted 5 2 2
Average daily rate
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£445 £380 £363
Average daily rate % change year-on-year
+17.10% +4.82%
90% offered a daily rate of more than £340 £380 £313
10% offered a daily rate of more than £480 £380 £413
UK excluding London average daily rate £425 £400 £378
% change year-on-year
+6.25% +5.89%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £11.72 £19.00
% change year-on-year
-10.92% -38.31%
Banking
East of England

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Bedfordshire region.

General Category
Bedfordshire
Contract IT job ads with a match in the
General category
181 165 75
As % of all contract IT jobs located in Bedfordshire 45.82% 38.28% 38.66%
Number of daily rates quoted 134 96 43
Average daily rate £475 £425 £388
Average daily rate % change year-on-year
+11.76% +9.67%
90% offered a daily rate of more than £351 £325 £300
10% offered a daily rate of more than £625 £550 £545
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 8 2 4
Average hourly rate £40.00 £37.50 £32.75
Average hourly rate % change year-on-year
+6.66% +14.50%
90% offered a hourly rate of more than £32.50 £35.50 £20.96
10% offered a hourly rate of more than £42.50 £39.50 £35.50
UK excluding London average hourly rate £24.00 £25.00 £26.50
% change year-on-year
-4.00% -5.66%

Banking
Jobs Demand Trend in Bedfordshire

This chart provides a 3-month moving total of IT contractor jobs citing Banking across the Bedfordshire region as a proportion of the total demand within the General category.

Banking Jobs Demand Trend in Bedfordshire

Banking
Daily Rate Trend in Bedfordshire

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the Bedfordshire region.

Banking Daily Rate Trend in Bedfordshire

Banking
Daily Rate Histogram in Bedfordshire

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Bedfordshire region over the 3 months to 24 April 2015.

Banking Daily Rate Histogram in Bedfordshire

Banking
Contract Job Locations in Bedfordshire

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the Bedfordshire region over the 3 months to 24 April 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Luton +2 2 £475 +25.00%
Dunstable - 1 £270 -
Banking
East of England

Banking
Top 30 Related IT Skills in Bedfordshire

For the 6 months to 24 April 2015, IT contractor jobs across the Bedfordshire region citing Banking also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Banking.

1 5 (62.50%) Finance
2 4 (50.00%) QA
3 3 (37.50%) Project Management
3 3 (37.50%) E-Commerce
4 2 (25.00%) DB2
4 2 (25.00%) COBOL
4 2 (25.00%) TCP/IP
4 2 (25.00%) IBM
4 2 (25.00%) CICS
4 2 (25.00%) Assembly Language
4 2 (25.00%) REXX
4 2 (25.00%) zOS
4 2 (25.00%) JCL
4 2 (25.00%) Mainframe
4 2 (25.00%) Legal
4 2 (25.00%) Retail
4 2 (25.00%) ISPF
4 2 (25.00%) Degree
4 2 (25.00%) Computer Science
4 2 (25.00%) Release Management
4 2 (25.00%) MQSeries
4 2 (25.00%) IBM Mainframe
5 1 (12.50%) Oracle BI EE
5 1 (12.50%) Financial Modelling
5 1 (12.50%) Cash Management
5 1 (12.50%) Financial Analysis
5 1 (12.50%) Test Strategy
5 1 (12.50%) Non-Functional Testing
5 1 (12.50%) Oracle BI Publisher
5 1 (12.50%) Test Planning

Banking
Top Related IT Skills in Bedfordshire by Category

For the 6 months to 24 April 2015, IT contractor jobs across the Bedfordshire region citing Banking also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Banking. Up to 20 skills are shown per category.

Application Platforms
1 2 (25.00%) CICS
1 2 (25.00%) MQSeries
Communications & Networking
1 2 (25.00%) TCP/IP
Database & Business Intelligence
1 2 (25.00%) DB2
2 1 (12.50%) Oracle BI EE
2 1 (12.50%) Oracle BI Publisher
2 1 (12.50%) Oracle Reports
Development Applications
1 1 (12.50%) QuickTest Pro
General
1 5 (62.50%) Finance
2 2 (25.00%) Legal
2 2 (25.00%) Retail
3 1 (12.50%) Telecoms
Job Titles
1 4 (50.00%) Analyst
2 2 (25.00%) Senior Manager
2 2 (25.00%) Programmer
2 2 (25.00%) Release Manager
3 1 (12.50%) QA Analyst
3 1 (12.50%) Transition Manager
3 1 (12.50%) Incident Manager
3 1 (12.50%) Quality Analyst
3 1 (12.50%) Business Analyst
3 1 (12.50%) Test Manager
Libraries, Frameworks & Software Standards
1 2 (25.00%) ISPF
Miscellaneous
1 2 (25.00%) Mainframe
1 2 (25.00%) Computer Science
1 2 (25.00%) IBM Mainframe
2 1 (12.50%) Analytical Skills
Operating Systems
1 2 (25.00%) zOS
Processes & Methodologies
1 3 (37.50%) Project Management
1 3 (37.50%) E-Commerce
2 2 (25.00%) Release Management
3 1 (12.50%) Financial Modelling
3 1 (12.50%) Cash Management
3 1 (12.50%) Financial Analysis
3 1 (12.50%) Test Strategy
3 1 (12.50%) Non-Functional Testing
3 1 (12.50%) Test Planning
3 1 (12.50%) Test Management
3 1 (12.50%) Test Scripting
3 1 (12.50%) Problem Management
3 1 (12.50%) Software Testing
3 1 (12.50%) Incident Management
3 1 (12.50%) Programme Management
3 1 (12.50%) Agile Software Development
3 1 (12.50%) Migration
3 1 (12.50%) Regression Testing
3 1 (12.50%) Risk Management
3 1 (12.50%) Business Intelligence
Programming Languages
1 2 (25.00%) COBOL
1 2 (25.00%) Assembly Language
1 2 (25.00%) REXX
1 2 (25.00%) JCL
2 1 (12.50%) PL/SQL
2 1 (12.50%) SQL
Qualifications
1 2 (25.00%) Degree
2 1 (12.50%) ITIL Certification
Quality Assurance & Compliance
1 4 (50.00%) QA
Vendors
1 2 (25.00%) IBM
2 1 (12.50%) Oracle