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 1 September 2014 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
1 Sep 2014
Same period 2013 Same period 2012
Banking
Rank 42 30 40
Rank change year-on-year
-12 +10
Contract jobs citing Banking 11 5 5
As % of all contract IT jobs located in Bedfordshire 2.19% 1.87% 1.46%
As % of the General category 5.79% 5.81% 4.10%
Number of daily rates quoted 5 1 5
Average daily rate
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£400 £175 £430
Average daily rate % change year-on-year
+128.57% -59.30%
UK excluding London average daily rate £400 £396 £380
% change year-on-year
+1.01% +4.21%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.25 £20.00 £19.25
% change year-on-year
-13.75% +3.89%
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
190 86 122
As % of all contract IT jobs located in Bedfordshire 37.77% 32.21% 35.67%
Number of daily rates quoted 130 38 71
Average daily rate £438 £375 £375
Average daily rate % change year-on-year
+16.66% -
90% offered a daily rate of more than £326 £213 £225
10% offered a daily rate of more than £536 £600 £500
UK excluding London average daily rate £390 £385 £375
% change year-on-year
+1.29% +2.66%
Number of hourly rates quoted 3 9 5
Average hourly rate £13.00 £12.50 £29.25
Average hourly rate % change year-on-year
+4.00% -57.26%
90% offered a hourly rate of more than £12.20 £12.01 £6.50
10% offered a hourly rate of more than £26.60 £42.50 £37.25
UK excluding London average hourly rate £23.00 £22.00 £29.00
% change year-on-year
+4.54% -24.13%

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 1 September 2014.

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 1 September 2014. 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 - 3 £481 - 1
Dunstable - 2 - -
Banking
East of England

Banking
Top 30 Related IT Skills in Bedfordshire

For the 6 months to 1 September 2014, 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 7 (46.67%) Finance
1 7 (46.67%) Retail
2 4 (26.67%) Telecoms
2 4 (26.67%) Test Scripting
3 3 (20.00%) QA
4 2 (13.33%) Use Case
4 2 (13.33%) User Acceptance Testing
4 2 (13.33%) Business Analysis
4 2 (13.33%) Retail Banking
4 2 (13.33%) Validation
4 2 (13.33%) Investment Banking
4 2 (13.33%) Oracle
4 2 (13.33%) UML
4 2 (13.33%) Java
4 2 (13.33%) E-Commerce
4 2 (13.33%) TSYS
4 2 (13.33%) Continuous Improvement
4 2 (13.33%) Data Cleansing
4 2 (13.33%) Agile Software Development
5 1 (6.67%) PCI DSS
5 1 (6.67%) FMCG
5 1 (6.67%) Waterfall
5 1 (6.67%) Test Strategy
5 1 (6.67%) Non-Functional Testing
5 1 (6.67%) User Stories
5 1 (6.67%) Oracle Database
5 1 (6.67%) Procure-to-pay
5 1 (6.67%) Oracle Procure-to-Pay
5 1 (6.67%) Data Modelling
5 1 (6.67%) SOA

Banking
Top Related IT Skills in Bedfordshire by Category

For the 6 months to 1 September 2014, 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.

Business Applications
1 1 (6.67%) Retail-J
1 1 (6.67%) Oracle Procure-to-Pay
Communications & Networking
1 1 (6.67%) LAN
1 1 (6.67%) WAN
Database & Business Intelligence
1 1 (6.67%) Oracle Database
Development Applications
1 1 (6.67%) LoadRunner
General
1 7 (46.67%) Retail
1 7 (46.67%) Finance
2 4 (26.67%) Telecoms
3 2 (13.33%) Investment Banking
3 2 (13.33%) Retail Banking
4 1 (6.67%) Online Betting
4 1 (6.67%) Aerospace
Job Titles
1 8 (53.33%) Analyst
2 4 (26.67%) Test Analyst
3 3 (20.00%) Business Analyst
4 2 (13.33%) Architect
4 2 (13.33%) Developer
4 2 (13.33%) Implementation Manager
4 2 (13.33%) Consultant
5 1 (6.67%) Solutions Architect
5 1 (6.67%) Security Consultant
5 1 (6.67%) Process Analyst
5 1 (6.67%) Systems Manager
5 1 (6.67%) Test Consultant
5 1 (6.67%) Implementation Project Manager
5 1 (6.67%) Network Security Consultant
5 1 (6.67%) PMO Analyst
5 1 (6.67%) Ruby on Rails Developer
5 1 (6.67%) Agile Business Analyst
5 1 (6.67%) Test Architect
5 1 (6.67%) Software Developer
5 1 (6.67%) Network Consultant
Libraries, Frameworks & Software Standards
1 1 (6.67%) Ruby on Rails
Miscellaneous
1 1 (6.67%) EMV
1 1 (6.67%) Tandem
1 1 (6.67%) Mathematics
1 1 (6.67%) Computer Science
1 1 (6.67%) FMCG
Processes & Methodologies
1 4 (26.67%) Test Scripting
2 2 (13.33%) Data Cleansing
2 2 (13.33%) Continuous Improvement
2 2 (13.33%) E-Commerce
2 2 (13.33%) UML
2 2 (13.33%) Validation
2 2 (13.33%) Agile Software Development
2 2 (13.33%) Business Analysis
2 2 (13.33%) Use Case
2 2 (13.33%) User Acceptance Testing
3 1 (6.67%) Performance Testing
3 1 (6.67%) Unit Testing
3 1 (6.67%) Technical Architecture
3 1 (6.67%) WFM
3 1 (6.67%) Stakeholder Management
3 1 (6.67%) Scrum
3 1 (6.67%) OO
3 1 (6.67%) DSDM
3 1 (6.67%) Data Modelling
3 1 (6.67%) SOA
Programming Languages
1 2 (13.33%) Java
2 1 (6.67%) PL/SQL
2 1 (6.67%) SQL
2 1 (6.67%) Shell Script
2 1 (6.67%) Ruby
Qualifications
1 1 (6.67%) CCNP
1 1 (6.67%) CCDP
1 1 (6.67%) ISEB
1 1 (6.67%) Cisco Certification
1 1 (6.67%) Sun Certification
1 1 (6.67%) CCSA
1 1 (6.67%) CCSE
1 1 (6.67%) Degree
Quality Assurance & Compliance
1 3 (20.00%) QA
2 1 (6.67%) PCI DSS
Systems Management
1 1 (6.67%) Tivoli Storage Manager
Vendors
1 2 (13.33%) Oracle
1 2 (13.33%) TSYS
2 1 (6.67%) Cisco
2 1 (6.67%) HP
2 1 (6.67%) Intel
2 1 (6.67%) CheckPoint
Luton
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