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 23 January 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
23 Jan 2015
Same period 2014 Same period 2013
Banking
Rank 33 42 33
Rank change year-on-year
+9 -9
Contract jobs citing Banking 20 13 6
As % of all contract IT jobs located in Essex 4.71% 2.47% 1.97%
As % of the General category 13.33% 9.22% 6.12%
Number of daily rates quoted 15 6 2
Average daily rate
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of your Daily Rate
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£600 £450 £300
Average daily rate % change year-on-year
+33.33% +50.00%
90% offered a daily rate of more than £406 £336 £240
10% offered a daily rate of more than £760 £538 £360
UK excluding London average daily rate £425 £396 £375
% change year-on-year
+7.32% +5.60%
Number of hourly rates quoted 0 3 2
Average hourly rate - £31.00 £16.50
Average hourly rate % change year-on-year
- +87.87%
UK excluding London average hourly rate £10.44 £10.00 £15.13
% change year-on-year
+4.40% -33.88%
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
150 141 98
As % of all contract IT jobs located in Essex 35.29% 26.81% 32.13%
Number of daily rates quoted 75 64 33
Average daily rate £425 £400 £348
Average daily rate % change year-on-year
+6.25% +15.10%
90% offered a daily rate of more than £235 £210 £225
10% offered a daily rate of more than £625 £500 £450
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 26 32 22
Average hourly rate £16.50 £27.50 £16.50
Average hourly rate % change year-on-year
-40.00% +66.66%
UK excluding London average hourly rate £27.50 £22.00 £25.00
% change year-on-year
+25.00% -12.00%

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 23 January 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 23 January 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 +1 10 £600 - 10
Basildon +4 6 £600 +33.33% 4
Colchester +1 1 - -
Stanford-le-Hope - - - -
Banking
East of England

Banking
Top 30 Related IT Skills in Essex

For the 6 months to 23 January 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 32 (82.05%) Finance
2 24 (61.54%) Telecoms
3 16 (41.03%) Stakeholder Management
4 11 (28.21%) Enterprise Architecture
4 11 (28.21%) Data Warehouse
5 8 (20.51%) Business Intelligence
6 7 (17.95%) Degree
7 6 (15.38%) .NET
8 5 (12.82%) SQL
8 5 (12.82%) ITIL
8 5 (12.82%) UML
8 5 (12.82%) Wealth Management
8 5 (12.82%) Agile Software Development
8 5 (12.82%) Data Architecture
8 5 (12.82%) Information Architecture
9 4 (10.26%) Scrum
9 4 (10.26%) Retail
9 4 (10.26%) Project Management
9 4 (10.26%) SOA
9 4 (10.26%) Microsoft
9 4 (10.26%) PRINCE2
9 4 (10.26%) Java
9 4 (10.26%) SQL Server
9 4 (10.26%) Test Strategy
10 3 (7.69%) SQL Server 2012
10 3 (7.69%) MS Office
10 3 (7.69%) XML
10 3 (7.69%) MS Visio
10 3 (7.69%) CRM
10 3 (7.69%) Cisco

Banking
Top Related IT Skills in Essex by Category

For the 6 months to 23 January 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 (5.13%) Exchange Server 2007
1 2 (5.13%) MS Exchange
1 2 (5.13%) Exchange Server 2010
2 1 (2.56%) WebLogic
2 1 (2.56%) JBoss
2 1 (2.56%) Confluence
2 1 (2.56%) WebSphere
Applications
1 3 (7.69%) MS Office
1 3 (7.69%) MS Visio
2 2 (5.13%) MS Project
3 1 (2.56%) MS Excel
3 1 (2.56%) MS PowerPoint
Business Applications
1 3 (7.69%) Dynamics CRM
2 1 (2.56%) Cognos TM1
Communications & Networking
1 1 (2.56%) LDAP
Database & Business Intelligence
1 11 (28.21%) Data Warehouse
2 4 (10.26%) SQL Server
3 3 (7.69%) SQL Server 2012
3 3 (7.69%) SQL Server 2008
4 1 (2.56%) Neo4j
4 1 (2.56%) Relational Database
4 1 (2.56%) OLAP
4 1 (2.56%) RDBMS
4 1 (2.56%) SQL Server 2005
4 1 (2.56%) SQL Server Reporting Services
4 1 (2.56%) SQL Server Analysis Services
4 1 (2.56%) MongoDB
4 1 (2.56%) SQL Server Integration Services
Development Applications
1 1 (2.56%) JIRA
General
1 32 (82.05%) Finance
2 24 (61.54%) Telecoms
3 4 (10.26%) Retail
4 3 (7.69%) Front Office
4 3 (7.69%) Retail Banking
5 2 (5.13%) Back Office
6 1 (2.56%) General Ledger
Job Titles
1 11 (28.21%) Architect
2 7 (17.95%) Developer
2 7 (17.95%) Project Manager
3 5 (12.82%) Data Architect
3 5 (12.82%) Information Architect
3 5 (12.82%) Solutions Architect
4 3 (7.69%) Business Analyst
4 3 (7.69%) Analyst
4 3 (7.69%) Test Manager
4 3 (7.69%) CRM Project Manager
4 3 (7.69%) CRM Manager
5 2 (5.13%) Desktop Support
5 2 (5.13%) Programme Planner
5 2 (5.13%) Data Warehouse Developer
5 2 (5.13%) Senior Manager
5 2 (5.13%) 3rd Line Support
5 2 (5.13%) Software Developer
6 1 (2.56%) ServiceNow Consultant
6 1 (2.56%) TM1 Developer
6 1 (2.56%) Integration Architect
Libraries, Frameworks & Software Standards
1 6 (15.38%) .NET
2 3 (7.69%) XML
3 2 (5.13%) XSD
3 2 (5.13%) HTML
4 1 (2.56%) REST
4 1 (2.56%) JAX-RS
4 1 (2.56%) ASP.NET MVC 4
4 1 (2.56%) ASP.NET
4 1 (2.56%) CSS
4 1 (2.56%) JAAS
4 1 (2.56%) Middleware
4 1 (2.56%) Hibernate
4 1 (2.56%) Spring
4 1 (2.56%) JPA
4 1 (2.56%) ASP.NET MVC
4 1 (2.56%) HTML5
4 1 (2.56%) Spring MVC
Miscellaneous
1 2 (5.13%) Analytical Skills
2 1 (2.56%) Enterprise Software
2 1 (2.56%) Foreign Exchange (FX)
2 1 (2.56%) Management Information System
2 1 (2.56%) Replication
2 1 (2.56%) Clustering
Operating Systems
1 2 (5.13%) Windows XP
1 2 (5.13%) Windows
2 1 (2.56%) Linux
2 1 (2.56%) UNIX
2 1 (2.56%) Mac OS X
Processes & Methodologies
1 16 (41.03%) Stakeholder Management
2 11 (28.21%) Enterprise Architecture
3 8 (20.51%) Business Intelligence
4 5 (12.82%) ITIL
4 5 (12.82%) UML
4 5 (12.82%) Wealth Management
4 5 (12.82%) Agile Software Development
4 5 (12.82%) Data Architecture
4 5 (12.82%) Information Architecture
5 4 (10.26%) Scrum
5 4 (10.26%) Project Management
5 4 (10.26%) SOA
5 4 (10.26%) PRINCE2
5 4 (10.26%) Test Strategy
6 3 (7.69%) CRM
6 3 (7.69%) Business Analysis
6 3 (7.69%) TDD
7 2 (5.13%) Unit Testing
7 2 (5.13%) Test Management
7 2 (5.13%) Software Testing
Programming Languages
1 5 (12.82%) SQL
2 4 (10.26%) Java
3 2 (5.13%) VBA
4 1 (2.56%) C#
4 1 (2.56%) JavaScript
4 1 (2.56%) PL/SQL
4 1 (2.56%) T-SQL
Qualifications
1 7 (17.95%) Degree
2 1 (2.56%) CISSP
2 1 (2.56%) Cisco Certification
2 1 (2.56%) CCNP
2 1 (2.56%) CEH
2 1 (2.56%) DV Cleared
2 1 (2.56%) Security Cleared
Quality Assurance & Compliance
1 1 (2.56%) GAAP
System Software
1 2 (5.13%) Active Directory
2 1 (2.56%) VMware Infrastructure
Vendors
1 4 (10.26%) Microsoft
2 3 (7.69%) Cisco
3 2 (5.13%) Software AG
3 2 (5.13%) webMethods
4 1 (2.56%) ServiceNow
4 1 (2.56%) Oracle
4 1 (2.56%) Cognos
4 1 (2.56%) TIBCO
4 1 (2.56%) VMware
4 1 (2.56%) Applix
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