The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the East of England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 31 July 2015 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
31 Jul 2015
Same period 2014 Same period 2013
Retail Banking
Rank 139 137 117
Rank change year-on-year
-2 -20
Contract jobs citing Retail Banking 2 4 5
As % of all contract IT jobs located in the East of England 0.065% 0.13% 0.21%
As % of the General category 0.22% 0.43% 0.66%
Number of daily rates quoted 1 2 4
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£363 £494 £253
Average daily rate % change year-on-year
-26.58% +95.54%
UK excluding London average daily rate £400 £425 £400
% change year-on-year
-5.88% +6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £10.00
Retail Banking
England

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

General Category
East of England
Contract IT job ads with a match in the
General category
901 925 760
As % of all contract IT jobs located in the East of England 29.50% 30.56% 32.01%
Number of daily rates quoted 475 505 340
Average daily rate £400 £400 £400
90% offered a daily rate of more than £226 £215 £250
10% offered a daily rate of more than £550 £511 £525
UK excluding London average daily rate £396 £388 £388
% change year-on-year
+2.19% -
Number of hourly rates quoted 82 87 73
Average hourly rate £20.94 £30.00 £23.75
Average hourly rate % change year-on-year
-30.21% +26.31%
90% offered a hourly rate of more than £14.50 £14.00 £12.01
10% offered a hourly rate of more than £42.00 £42.73 £41.00
UK excluding London average hourly rate £22.50 £22.00 £22.50
% change year-on-year
+2.27% -2.22%

Retail Banking
Jobs Demand Trend in the East of England

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

Retail Banking Jobs Demand Trend in the East of England

Retail Banking
Daily Rate Trend in the East of England

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

Retail Banking Daily Rate Trend in the East of England

Retail Banking
Contract Job Locations in the East of England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Retail Banking within the East of England region over the 3 months to 31 July 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Essex - 2 £363 -
Retail Banking
England

Retail Banking
Top 19 Related IT Skills in the East of England

For the 6 months to 31 July 2015, IT contractor jobs across the East of England 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%) Finance
1 4 (100.00%) Banking
1 4 (100.00%) Retail
2 2 (50.00%) Project Management
2 2 (50.00%) Test Strategy
3 1 (25.00%) System Integration Testing
3 1 (25.00%) SDLC
3 1 (25.00%) Financial Institution
3 1 (25.00%) SQL
3 1 (25.00%) XML
3 1 (25.00%) MS Excel
3 1 (25.00%) Microsoft
3 1 (25.00%) User Acceptance Testing
3 1 (25.00%) Integration Testing
3 1 (25.00%) Data Migration
3 1 (25.00%) Waterfall
3 1 (25.00%) Migration
3 1 (25.00%) Summit
3 1 (25.00%) Agile Software Development

Retail Banking
Top Related IT Skills in the East of England by Category

For the 6 months to 31 July 2015, IT contractor jobs across the East of England 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.

Applications
1 1 (25.00%) MS Excel
Business Applications
1 1 (25.00%) Summit
General
1 4 (100.00%) Finance
1 4 (100.00%) Banking
1 4 (100.00%) Retail
2 1 (25.00%) Financial Institution
Job Titles
1 2 (50.00%) Analyst
1 2 (50.00%) Test Analyst
2 1 (25.00%) Project Manager
2 1 (25.00%) Programme Manager
Libraries, Frameworks & Software Standards
1 1 (25.00%) XML
Processes & Methodologies
1 2 (50.00%) Project Management
1 2 (50.00%) Test Strategy
2 1 (25.00%) System Integration Testing
2 1 (25.00%) SDLC
2 1 (25.00%) Migration
2 1 (25.00%) Agile Software Development
2 1 (25.00%) User Acceptance Testing
2 1 (25.00%) Integration Testing
2 1 (25.00%) Data Migration
2 1 (25.00%) Waterfall
Programming Languages
1 1 (25.00%) SQL
Vendors
1 1 (25.00%) Microsoft