The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Cardiff region. Included is a guide to the contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 8 December 2016 with a comparison to the same period over 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.

3 months to
8 Dec 2016
Same period 2015 Same period 2014
Financial Institution
Rank - 56 45
Contract jobs citing Financial Institution 0 1 3
As % of all contract IT jobs located in Cardiff - 0.23% 0.93%
As % of the General category - 0.87% 3.23%
Number of daily rates quoted 0 1 3
Median daily rate - £500 £505
Median daily rate % change year-on-year
- -0.99%
UK excluding London median daily rate £330 £400 £375
% change year-on-year
-17.50% +6.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £9.13 £16.13 £9.10
% change year-on-year
-43.41% +77.19%
Financial Institution
South Wales

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

General Category
Cardiff
Contract IT job ads with a match in the
General category
70 115 93
As % of all contract IT jobs located in Cardiff 21.67% 26.81% 28.97%
Number of daily rates quoted 61 106 81
Median daily rate £401 £363 £315
Median daily rate % change year-on-year
+10.68% +15.07%
90% offered a daily rate of more than £313 £265 £210
10% offered a daily rate of more than £500 £450 £477
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 1 1 3
Median hourly rate £18.00 £16.00 £17.50
Median hourly rate % change year-on-year
+12.50% -8.57%
UK excluding London median hourly rate £24.50 £27.50 £24.50
% change year-on-year
-10.90% +12.24%

Financial Institution
Jobs Demand Trend in Cardiff

The demand trend of contract jobs across the Cardiff region citing Financial Institution as a proportion of all IT contracts with a match in the General category.

Financial Institution Jobs Demand Trend in Cardiff

Financial Institution
Daily Rate Trend in Cardiff

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

Financial Institution Daily Rate Trend in Cardiff