The table below looks at the prevalence of the term Private 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 Private Banking over the 3 months to 10 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
10 Feb 2016
Same period 2015 Same period 2014
Private Banking
Rank - - -
Contract jobs citing Private Banking 0 0 0
As % of all contract IT jobs located in Canary Wharf - - -
As % of the General category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £303 £425 £438
% change year-on-year
-28.82% -2.85%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Private Banking
London

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

General Category
Canary Wharf
Contract IT job ads with a match in the
General category
93 68 135
As % of all contract IT jobs located in Canary Wharf 75.61% 67.33% 74.18%
Number of daily rates quoted 75 56 93
Average daily rate £500 £450 £525
Average daily rate % change year-on-year
+11.11% -14.28%
90% offered a daily rate of more than £275 £298 £376
10% offered a daily rate of more than £700 £593 £700
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 0 0 5
Average hourly rate - - £28.00
UK excluding London average hourly rate £33.66 £25.50 £23.00
% change year-on-year
+31.98% +10.86%

Private Banking
Jobs Demand Trend in Canary Wharf

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

Private Banking Jobs Demand Trend in Canary Wharf

Private Banking
Daily Rate Trend in Canary Wharf

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

Private Banking Daily Rate Trend in Canary Wharf