The first table below looks at the prevalence of the term Banking in IT contracts advertised for the Cambridge region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Cambridge region.

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
18 Apr 2014
Same period 2013 Same period 2012
Banking
Rank 41 43 50
Rank change year-on-year
+2 +7
Contract jobs citing Banking 2 2 2
As % of all contract IT jobs located in Cambridge 0.55% 0.52% 0.42%
As % of the General category 2.44% 2.06% 1.80%
Number of daily rates quoted 2 0 0
Average daily rate £285 - -
UK excluding London average daily rate £400 £375 £384
% change year-on-year
+6.59% -2.27%
Number of hourly rates quoted 0 1 0
Average hourly rate - £51.50 -
UK excluding London average hourly rate £11.72 £18.50 £25.00
% change year-on-year
-36.64% -26.00%
General Category
Cambridge
Contract IT job ads with a match in the
General category
82 97 111
As % of all contract IT jobs located in Cambridge 22.47% 25.13% 23.22%
Number of daily rates quoted 42 29 58
Average daily rate £300 £350 £375
Average daily rate % change year-on-year
-14.28% -6.66%
90% offered a daily rate of more than £196 £225 £271
10% offered a daily rate of more than £438 £500 £575
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 10 19 16
Average hourly rate £42.50 £38.50 £37.50
Average hourly rate % change year-on-year
+10.38% +2.66%
90% offered a hourly rate of more than £35.00 £16.40 £10.85
10% offered a hourly rate of more than £45.00 £45.00 £48.00
UK excluding London average hourly rate £25.00 £27.00 £25.00
% change year-on-year
-7.40% +8.00%
Banking
Cambridgeshire

Banking
Jobs Demand Trend in Cambridge

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

Banking Jobs Demand Trend in Cambridge

Banking
Daily Rate Trend in Cambridge

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

Banking Daily Rate Trend in Cambridge

Banking
Hourly Rate Trend in Cambridge

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Cambridge region.

Banking Hourly Rate Trend in Cambridge

Banking
Top 30 Related IT Skills in Cambridge

For the 6 months to 18 April 2014, IT contractor jobs across the Cambridge 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 8 (100.00%) Finance
2 5 (62.50%) Migration
2 5 (62.50%) Retail
2 5 (62.50%) Retail Banking
2 5 (62.50%) Project Management
2 5 (62.50%) Process Management
2 5 (62.50%) Change Management
2 5 (62.50%) Data Migration
2 5 (62.50%) Change Control
3 2 (25.00%) OAuth
3 2 (25.00%) Telecoms
3 2 (25.00%) Open Source
3 2 (25.00%) OpenID
3 2 (25.00%) OpenSSO
3 2 (25.00%) HTML5
3 2 (25.00%) CSS3
3 2 (25.00%) jQuery
3 2 (25.00%) HTML
3 2 (25.00%) Perl
3 2 (25.00%) PHP
3 2 (25.00%) Oracle
3 2 (25.00%) CSS
3 2 (25.00%) MS Exchange
3 2 (25.00%) SMTP
3 2 (25.00%) Microsoft
3 2 (25.00%) Tcl
4 1 (12.50%) Foreign Exchange (FX)
4 1 (12.50%) ERP
4 1 (12.50%) Continuous Improvement
4 1 (12.50%) Cash Management

Banking
Top Related IT Skills in Cambridge by Category

For the 6 months to 18 April 2014, IT contractor jobs across the Cambridge 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%) MS Exchange
Communications & Networking
1 2 (25.00%) SMTP
General
1 8 (100.00%) Finance
2 5 (62.50%) Retail
2 5 (62.50%) Retail Banking
3 2 (25.00%) Telecoms
Job Titles
1 5 (62.50%) Business Analyst
1 5 (62.50%) Analyst
2 2 (25.00%) Web Developer
2 2 (25.00%) Developer
Libraries, Frameworks & Software Standards
1 2 (25.00%) OAuth
1 2 (25.00%) OpenID
1 2 (25.00%) HTML5
1 2 (25.00%) CSS3
1 2 (25.00%) jQuery
1 2 (25.00%) HTML
1 2 (25.00%) CSS
Miscellaneous
1 2 (25.00%) Open Source
2 1 (12.50%) Foreign Exchange (FX)
Processes & Methodologies
1 5 (62.50%) Migration
1 5 (62.50%) Project Management
1 5 (62.50%) Process Management
1 5 (62.50%) Change Management
1 5 (62.50%) Data Migration
1 5 (62.50%) Change Control
2 1 (12.50%) ERP
2 1 (12.50%) Continuous Improvement
2 1 (12.50%) Cash Management
Programming Languages
1 2 (25.00%) Perl
1 2 (25.00%) PHP
1 2 (25.00%) Tcl
Systems Management
1 2 (25.00%) OpenSSO
Vendors
1 2 (25.00%) Oracle
1 2 (25.00%) Microsoft