Banking Contracts in the City of Westminster

Banking
Central London > City of Westminster

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the City of Westminster. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 31 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
31 May 2024
Same period 2023 Same period 2022
Rank - - 9
Rank change year-on-year - - +1
Contract jobs citing Banking 0 0 1
As % of all contract jobs advertised in the City of Westminster - - 3.33%
As % of the General category - - 6.25%
Number of daily rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £550
Median daily rate (50th Percentile) - - £600
75th Percentile - - £650
90th Percentile - - -
Central London median daily rate £595 £657 £650
% change year-on-year -9.44% +1.08% +8.33%

All General Skills
City of Westminster

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of Westminster with a requirement for common skills.

Contract vacancies with a requirement for common skills 26 25 16
As % of all contract IT jobs advertised in the City of Westminster 50.98% 58.14% 53.33%
Number of daily rates quoted 22 19 13
10th Percentile £355 £223 £213
25th Percentile £440 £273 £388
Median daily rate (50th Percentile) £538 £450 £600
Median % change year-on-year +19.44% -25.00% +41.18%
75th Percentile £697 £622 £756
90th Percentile £822 £850 £878
Central London median daily rate £550 £600 £560
% change year-on-year -8.33% +7.14% +1.82%

Banking
Job Vacancy Trend in the City of Westminster

Job postings citing Banking as a proportion of all IT jobs advertised in the City of Westminster.

Job vacancy trend for Banking in the City of Westminster

Banking
Contractor Daily Rate Trend in the City of Westminster

3-month moving average daily rate quoted in jobs citing Banking in the City of Westminster.

Daily rate trend for Banking in the City of Westminster

Banking
Contractor Hourly Rate Trend in the City of Westminster

3-month moving average hourly rates quoted in jobs citing Banking in the City of Westminster.

Hourly rate trend for Banking in the City of Westminster