The table below looks at the prevalence of the term Banking in IT contracts advertised for the Essex region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 3 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
3 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 48 38 46
Rank change year-on-year
-10 +8
Contract jobs citing Banking 17 15 5
As % of all contract IT jobs located in Essex 2.60% 2.85% 1.13%
As % of the General category 6.67% 7.73% 3.68%
Number of daily rates quoted 12 9 2
Average daily rate
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£600 £400 £378
Average daily rate % change year-on-year
+50.00% +5.96%
90% offered a daily rate of more than £363 £238 £340
10% offered a daily rate of more than £625 £650 £416
UK excluding London average daily rate £400 £400 £400
Number of hourly rates quoted 1 4 0
Average hourly rate £42.00 £29.25 -
Average hourly rate % change year-on-year
+43.58% -
UK excluding London average hourly rate £10.44 £20.75 £20.75
% change year-on-year
-49.68% -
Banking
East of England

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

General Category
Essex
Contract IT job ads with a match in the
General category
255 194 136
As % of all contract IT jobs located in Essex 39.05% 36.88% 30.84%
Number of daily rates quoted 152 99 34
Average daily rate £388 £400 £400
Average daily rate % change year-on-year
-3.12% -
90% offered a daily rate of more than £255 £225 £237
10% offered a daily rate of more than £623 £596 £540
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 28 40 39
Average hourly rate £19.00 £30.00 £27.50
Average hourly rate % change year-on-year
-36.66% +9.09%
90% offered a hourly rate of more than £16.50 £16.50 £16.00
10% offered a hourly rate of more than £44.30 £42.50 £43.00
UK excluding London average hourly rate £22.50 £22.75 £23.21
% change year-on-year
-1.09% -1.98%

Banking
Jobs Demand Trend in Essex

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

Banking Jobs Demand Trend in Essex

Banking
Daily Rate Trend in Essex

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

Banking Daily Rate Trend in Essex

Banking
Daily Rate Histogram in Essex

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Essex region over the 3 months to 3 July 2015.

Banking Daily Rate Histogram in Essex

Banking
Hourly Rate Trend in Essex

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Essex region.

Banking Hourly Rate Trend in Essex

Banking
Contract Job Locations in Essex

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the Essex region over the 3 months to 3 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
Brentwood +4 9 £600 +152.63% 3
Basildon -9 3 £625 -3.84% 1
Banking
East of England

Banking
Top 30 Related IT Skills in Essex

For the 6 months to 3 July 2015, IT contractor jobs across the Essex region citing 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 Banking.

1 36 (87.80%) Finance
2 23 (56.10%) Telecoms
3 16 (39.02%) Project Management
4 11 (26.83%) Software Delivery
5 8 (19.51%) Stakeholder Management
5 8 (19.51%) Enterprise Architecture
5 8 (19.51%) PMP
6 6 (14.63%) Degree
7 5 (12.20%) Business Transformation
8 4 (9.76%) Business Intelligence
8 4 (9.76%) Data Warehouse
8 4 (9.76%) .NET
8 4 (9.76%) PRINCE2
8 4 (9.76%) Information Architecture
8 4 (9.76%) Test Strategy
8 4 (9.76%) Data Architecture
8 4 (9.76%) Retail Banking
8 4 (9.76%) Retail
8 4 (9.76%) Wealth Management
9 3 (7.32%) Windows
9 3 (7.32%) XML
9 3 (7.32%) SOA
9 3 (7.32%) Middleware
10 2 (4.88%) CheckPoint
10 2 (4.88%) TIBCO
10 2 (4.88%) CISA
10 2 (4.88%) CISM
10 2 (4.88%) Legal
10 2 (4.88%) Publishing
10 2 (4.88%) HOOD

Banking
Top Related IT Skills in Essex by Category

For the 6 months to 3 July 2015, IT contractor jobs across the Essex region citing 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 Banking. Up to 20 skills are shown per category.

Application Platforms
1 2 (4.88%) WebSphere
2 1 (2.44%) WebLogic
2 1 (2.44%) IIS
2 1 (2.44%) SharePoint
Applications
1 1 (2.44%) MS Project
1 1 (2.44%) MS Office
1 1 (2.44%) MS Excel
Business Applications
1 1 (2.44%) Summit
Cloud Services
1 1 (2.44%) SaaS
Communications & Networking
1 1 (2.44%) TCP/IP
Database & Business Intelligence
1 4 (9.76%) Data Warehouse
2 2 (4.88%) SQL Server
Development Applications
1 1 (2.44%) HP UFT
1 1 (2.44%) AccuRev
1 1 (2.44%) Team Foundation Server
General
1 36 (87.80%) Finance
2 23 (56.10%) Telecoms
3 4 (9.76%) Retail
3 4 (9.76%) Retail Banking
4 2 (4.88%) Marketing
4 2 (4.88%) Publishing
4 2 (4.88%) Legal
4 2 (4.88%) Front Office
4 2 (4.88%) Back Office
5 1 (2.44%) Financial Institution
5 1 (2.44%) Manufacturing
5 1 (2.44%) General Ledger
Job Titles
1 14 (34.15%) Project Manager
2 8 (19.51%) Architect
3 5 (12.20%) Analyst
3 5 (12.20%) Senior Manager
4 4 (9.76%) Information Architect
4 4 (9.76%) Data Architect
4 4 (9.76%) Senior Project Manager
4 4 (9.76%) Developer
4 4 (9.76%) Software Delivery Project Manager
5 3 (7.32%) Test Analyst
6 2 (4.88%) Head of Testing
6 2 (4.88%) Integration Architect
6 2 (4.88%) Business Analyst
6 2 (4.88%) Programme Manager
6 2 (4.88%) Solutions Architect
6 2 (4.88%) Senior Developer
6 2 (4.88%) Applications Support
6 2 (4.88%) .NET Developer
6 2 (4.88%) Support Manager
6 2 (4.88%) Applications Support Manager
Libraries, Frameworks & Software Standards
1 4 (9.76%) .NET
2 3 (7.32%) XML
2 3 (7.32%) Middleware
3 2 (4.88%) ASP.NET
3 2 (4.88%) WPF
3 2 (4.88%) ASP.NET MVC
4 1 (2.44%) Entity Framework
4 1 (2.44%) LINQ
4 1 (2.44%) SOAP
4 1 (2.44%) Struts
4 1 (2.44%) J2EE
4 1 (2.44%) .NET Framework
4 1 (2.44%) WCF
4 1 (2.44%) XSD
4 1 (2.44%) JMS
Miscellaneous
1 1 (2.44%) Foreign Exchange (FX)
1 1 (2.44%) Management Information System
1 1 (2.44%) Analytical Skills
Operating Systems
1 3 (7.32%) Windows
2 1 (2.44%) Windows Server 2012
Processes & Methodologies
1 16 (39.02%) Project Management
2 11 (26.83%) Software Delivery
3 8 (19.51%) Stakeholder Management
3 8 (19.51%) Enterprise Architecture
4 5 (12.20%) Business Transformation
5 4 (9.76%) Test Strategy
5 4 (9.76%) Information Architecture
5 4 (9.76%) Data Architecture
5 4 (9.76%) Wealth Management
5 4 (9.76%) PRINCE2
5 4 (9.76%) Business Intelligence
6 3 (7.32%) SOA
7 2 (4.88%) UML
7 2 (4.88%) HOOD
7 2 (4.88%) MVC
7 2 (4.88%) Programme Management
7 2 (4.88%) Agile Software Development
7 2 (4.88%) Business Analysis
8 1 (2.44%) Automation Testing
8 1 (2.44%) Coaching
Programming Languages
1 2 (4.88%) C#
1 2 (4.88%) Java
1 2 (4.88%) SQL
2 1 (2.44%) Perl
Qualifications
1 8 (19.51%) PMP
2 6 (14.63%) Degree
3 2 (4.88%) CISSP
3 2 (4.88%) CISA
3 2 (4.88%) CISM
4 1 (2.44%) ISEB Practitioner
4 1 (2.44%) ISEB
Quality Assurance & Compliance
1 2 (4.88%) ISO/IEC 27001
2 1 (2.44%) QA
2 1 (2.44%) Sarbanes-Oxley
System Software
1 1 (2.44%) Active Directory
Vendors
1 2 (4.88%) Oracle
1 2 (4.88%) Cisco
1 2 (4.88%) Microsoft
1 2 (4.88%) Software AG
1 2 (4.88%) CheckPoint
1 2 (4.88%) TIBCO
1 2 (4.88%) Cyber-Ark
2 1 (2.44%) webMethods
2 1 (2.44%) VMware
2 1 (2.44%) Citrix
2 1 (2.44%) IBM
Essex
Cadence Resourcing
Rate: On Application
Posted: 5 days ago
Essex
The People Network
Rate: £550 - £700 per day
Posted: 16 days ago
Basildon
The People Network
Rate: £550 - £700 per day
Posted: 18 days ago