The first table below looks at the prevalence of the term Corporate Banking in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Corporate 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 Canary Wharf 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
Corporate Banking
Rank - 34 47
Contract jobs citing Corporate Banking 0 14 3
As % of all contract IT jobs located in Canary Wharf - 3.95% 0.76%
As % of the General category - 4.95% 1.11%
Number of daily rates quoted 0 11 1
Average daily rate - £575 £750
Average daily rate % change year-on-year
- -23.33%
UK excluding London average daily rate £375 £365 £409
% change year-on-year
+2.73% -10.70%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
General Category
Canary Wharf
Contract IT job ads with a match in the
General category
107 283 270
As % of all contract IT jobs located in Canary Wharf 69.48% 79.94% 68.18%
Number of daily rates quoted 76 231 177
Average daily rate £500 £575 £550
Average daily rate % change year-on-year
-13.04% +4.54%
90% offered a daily rate of more than £229 £371 £433
10% offered a daily rate of more than £625 £700 £650
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 5 1 2
Average hourly rate £28.00 £42.50 £35.00
Average hourly rate % change year-on-year
-34.11% +21.42%
UK excluding London average hourly rate £25.00 £27.00 £25.00
% change year-on-year
-7.40% +8.00%
Corporate Banking
London

Corporate Banking
Jobs Demand Trend in Canary Wharf

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

Corporate Banking Jobs Demand Trend in Canary Wharf

Corporate Banking
Daily Rate Trend in Canary Wharf

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

Corporate Banking Daily Rate Trend in Canary Wharf