The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the Cambridgeshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Retail Banking
Rank 54 62 54
Rank change year-on-year
+8 -8
Contract jobs citing Retail Banking 2 2 5
As % of all contract IT jobs located in Cambridgeshire 0.33% 0.28% 0.96%
As % of the General category 1.69% 1.10% 3.36%
Number of daily rates quoted 2 2 0
Average daily rate £463 £725 -
Average daily rate % change year-on-year
-36.20% -
UK excluding London average daily rate £450 £440 £400
% change year-on-year
+2.27% +10.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Retail 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 Cambridgeshire region.

General Category
Cambridgeshire
Contract IT job ads with a match in the
General category
118 182 149
As % of all contract IT jobs located in Cambridgeshire 19.63% 25.17% 28.65%
Number of daily rates quoted 72 120 71
Average daily rate £425 £400 £400
Average daily rate % change year-on-year
+6.25% -
90% offered a daily rate of more than £174 £170 £252
10% offered a daily rate of more than £550 £550 £545
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 4 9 15
Average hourly rate £32.50 £42.50 £38.00
Average hourly rate % change year-on-year
-23.52% +11.84%
90% offered a hourly rate of more than £28.60 £35.75 £33.75
10% offered a hourly rate of more than £33.60 £45.00 £42.50
UK excluding London average hourly rate £35.00 £26.00 £22.00
% change year-on-year
+34.61% +18.18%

Retail Banking
Jobs Demand Trend in Cambridgeshire

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

Retail Banking Jobs Demand Trend in Cambridgeshire

Retail Banking
Daily Rate Trend in Cambridgeshire

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

Retail Banking Daily Rate Trend in Cambridgeshire

Retail Banking
Top 6 Related IT Skills in Cambridgeshire

For the 6 months to 5 February 2016, IT contractor jobs across the Cambridgeshire 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 4 (100.00%) Banking
1 4 (100.00%) Retail
2 1 (25.00%) Finance
2 1 (25.00%) User Acceptance Testing
2 1 (25.00%) Test Scripting
2 1 (25.00%) Target Operating Model

Retail Banking
Top Related IT Skills in Cambridgeshire by Category

For the 6 months to 5 February 2016, IT contractor jobs across the Cambridgeshire 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.

General
1 4 (100.00%) Banking
1 4 (100.00%) Retail
2 1 (25.00%) Finance
Job Titles
1 4 (100.00%) Analyst
2 3 (75.00%) Business Analyst
3 2 (50.00%) Mortgage Business Analyst
3 2 (50.00%) Retail Banking Business Analyst
4 1 (25.00%) Test Analyst
4 1 (25.00%) Tester
4 1 (25.00%) UAT Analyst
4 1 (25.00%) UAT Test Analyst
4 1 (25.00%) UAT Tester
Processes & Methodologies
1 1 (25.00%) Target Operating Model
1 1 (25.00%) Test Scripting
1 1 (25.00%) User Acceptance Testing