The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the Birmingham region. Included is a guide to the average contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 22 August 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
22 Aug 2014
Same period 2013 Same period 2012
Retail Banking
Rank 58 54 45
Rank change year-on-year
-4 -9
Contract jobs citing Retail Banking 5 11 14
As % of all contract IT jobs located in Birmingham 0.67% 1.63% 2.07%
As % of the General category 2.14% 5.24% 5.04%
Number of daily rates quoted 4 11 14
Average daily rate
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£375 £430 £390
Average daily rate % change year-on-year
-12.79% +10.25%
90% offered a daily rate of more than £248 £315 £315
10% offered a daily rate of more than £450 £500 £492
UK excluding London average daily rate £438 £400 £380
% change year-on-year
+9.37% +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £10.00 -
Retail Banking
West Midlands

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

General Category
Birmingham
Contract IT job ads with a match in the
General category
234 210 278
As % of all contract IT jobs located in Birmingham 31.49% 31.11% 41.19%
Number of daily rates quoted 144 139 153
Average daily rate £338 £400 £380
Average daily rate % change year-on-year
-15.62% +5.26%
90% offered a daily rate of more than £200 £233 £250
10% offered a daily rate of more than £500 £525 £485
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 3 4 12
Average hourly rate £30.00 £16.20 £19.00
Average hourly rate % change year-on-year
+85.18% -14.73%
90% offered a hourly rate of more than £21.01 £11.00 £12.65
10% offered a hourly rate of more than £175.00 £34.20 £40.00
UK excluding London average hourly rate £22.50 £22.50 £27.50
% change year-on-year
- -18.18%

Retail Banking
Jobs Demand Trend in Birmingham

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

Retail Banking Jobs Demand Trend in Birmingham

Retail Banking
Daily Rate Trend in Birmingham

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

Retail Banking Daily Rate Trend in Birmingham

Retail Banking
Daily Rate Histogram in Birmingham

This chart provides a histogram of daily rates quoted in contract IT jobs citing Retail Banking across the Birmingham region over the 3 months to 22 August 2014.

Retail Banking Daily Rate Histogram in Birmingham

Retail Banking
Top 14 Related IT Skills in Birmingham

For the 6 months to 22 August 2014, IT contractor jobs across the Birmingham region citing Retail 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 Retail Banking.

1 6 (100.00%) Banking
1 6 (100.00%) Retail
2 4 (66.67%) Stakeholder Management
3 3 (50.00%) Finance
4 1 (16.67%) Project Management
4 1 (16.67%) Back Office
4 1 (16.67%) Investment Banking
4 1 (16.67%) Corporate Banking
4 1 (16.67%) Resource Management
4 1 (16.67%) QA
4 1 (16.67%) Wealth Management
4 1 (16.67%) Spreadsheet
4 1 (16.67%) Project Governance
4 1 (16.67%) Functional Testing

Retail Banking
Top Related IT Skills in Birmingham by Category

For the 6 months to 22 August 2014, IT contractor jobs across the Birmingham region citing Retail 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 Retail Banking. Up to 20 skills are shown per category.

Applications
1 1 (16.67%) Spreadsheet
General
1 6 (100.00%) Banking
1 6 (100.00%) Retail
2 3 (50.00%) Finance
3 1 (16.67%) Back Office
3 1 (16.67%) Investment Banking
3 1 (16.67%) Corporate Banking
Job Titles
1 4 (66.67%) Project Manager
2 1 (16.67%) Senior Project Manager
2 1 (16.67%) Senior Programme Manager
2 1 (16.67%) Business Project Manager
2 1 (16.67%) Business Analyst
2 1 (16.67%) Programme Manager
2 1 (16.67%) Analyst
2 1 (16.67%) Senior Manager
2 1 (16.67%) Business Manager
2 1 (16.67%) Banking Business Analyst
2 1 (16.67%) Investment Banking Business Analyst
2 1 (16.67%) PMO Assistant
Processes & Methodologies
1 4 (66.67%) Stakeholder Management
2 1 (16.67%) Project Management
2 1 (16.67%) Resource Management
2 1 (16.67%) Wealth Management
2 1 (16.67%) Project Governance
2 1 (16.67%) Functional Testing
Quality Assurance & Compliance
1 1 (16.67%) QA