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 contractor rates offered in IT contracts that have cited Banking over the 3 months to 2 May 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
2 May 2016
Same period 2015 Same period 2014
Banking
Rank 34 43 42
Rank change year-on-year
+9 -1
Contract jobs citing Banking 18 19 22
As % of all contract IT jobs located in Essex 4.18% 3.55% 3.15%
As % of the General category 9.94% 9.90% 8.66%
Number of daily rates quoted 6 16 18
Median daily rate £413 £525 £463
Median daily rate % change year-on-year
-21.42% +13.51%
90% offered a daily rate of more than £325 £400 £318
10% offered a daily rate of more than £538 £625 £598
UK excluding London median daily rate £411 £425 £400
% change year-on-year
-3.23% +6.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £9.82 £10.44 £13.50
% change year-on-year
-5.98% -22.66%
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
181 192 254
As % of all contract IT jobs located in Essex 42.00% 35.89% 36.39%
Number of daily rates quoted 69 119 144
Median daily rate £400 £400 £400
90% offered a daily rate of more than £210 £183 £158
10% offered a daily rate of more than £500 £600 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 37 12 22
Median hourly rate £19.00 £40.60 £37.75
Median hourly rate % change year-on-year
-53.20% +7.54%
90% offered a hourly rate of more than £16.50 £16.00 £16.50
10% offered a hourly rate of more than £36.40 £48.60 £45.15
UK excluding London median hourly rate £28.00 £24.50 £26.00
% change year-on-year
+14.28% -5.76%

Banking
Jobs Demand Trend in Essex

The demand trend of contract jobs across the Essex region citing Banking as a proportion of all IT contracts with a match in 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 2 May 2016.

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 median contractor rates quoted in IT jobs citing Banking within the Essex region over the 3 months to 2 May 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Brentwood +1 1 £400 -23.80%
Chelmsford - 1 £300 -
Banking
East of England

Banking
Top 30 Related IT Skills in Essex

For the 6 months to 2 May 2016, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Essex region with a requirement for Banking.

1 24 (63.16%) Finance
2 13 (34.21%) SQL
3 10 (26.32%) Telecoms
4 9 (23.68%) Agile Software Development
5 8 (21.05%) SQL Server
5 8 (21.05%) HP
5 8 (21.05%) SQL Server Reporting Services
6 7 (18.42%) Data Warehouse
7 6 (15.79%) MS Exchange
7 6 (15.79%) Microsoft
7 6 (15.79%) Windows
7 6 (15.79%) MS Excel
7 6 (15.79%) VMware
7 6 (15.79%) Investment Management
7 6 (15.79%) Security Architecture
8 5 (13.16%) Retail
8 5 (13.16%) SQL Server Integration Services
8 5 (13.16%) Business Intelligence
8 5 (13.16%) SDLC
9 4 (10.53%) Windows Server
9 4 (10.53%) Remedy
9 4 (10.53%) CheckPoint
9 4 (10.53%) ITSM
9 4 (10.53%) Service Management
9 4 (10.53%) Cisco
9 4 (10.53%) BMC
9 4 (10.53%) Web Services
9 4 (10.53%) XML
9 4 (10.53%) ITIL
9 4 (10.53%) VMware Infrastructure

Banking
Top Related IT Skills in Essex by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (15.79%) MS Exchange
2 3 (7.89%) SAS
3 2 (5.26%) SharePoint
4 1 (2.63%) WebSphere
Applications
1 6 (15.79%) MS Excel
2 3 (7.89%) MS Project
3 1 (2.63%) MS PowerPoint
Business Applications
1 4 (10.53%) Remedy ITSM
Communications & Networking
1 2 (5.26%) DHCP
1 2 (5.26%) DNS
1 2 (5.26%) Firewall
1 2 (5.26%) NetScaler
2 1 (2.63%) Intranet
Database & Business Intelligence
1 8 (21.05%) SQL Server
1 8 (21.05%) SQL Server Reporting Services
2 7 (18.42%) Data Warehouse
3 5 (13.16%) SQL Server Integration Services
4 3 (7.89%) SQL Server 2012
5 2 (5.26%) QlikView
5 2 (5.26%) SQL Server 2005
5 2 (5.26%) SQL Server 2008
5 2 (5.26%) SQL Server Analysis Services
6 1 (2.63%) Data Mart
6 1 (2.63%) Data Mining
6 1 (2.63%) MS Access
6 1 (2.63%) Relational Database
Development Applications
1 2 (5.26%) HP UFT
General
1 24 (63.16%) Finance
2 10 (26.32%) Telecoms
3 5 (13.16%) Retail
4 4 (10.53%) Retail Banking
5 1 (2.63%) Law
5 1 (2.63%) Legal
Job Titles
1 10 (26.32%) Analyst
2 9 (23.68%) Architect
3 5 (13.16%) Developer
4 4 (10.53%) Business Intelligence Developer
4 4 (10.53%) IT Manager
4 4 (10.53%) SQL BI Developer
4 4 (10.53%) SQL Developer
4 4 (10.53%) SSIS Developer
4 4 (10.53%) SSRS Developer
4 4 (10.53%) Technical Architect
5 3 (7.89%) Applications Support
5 3 (7.89%) Data Analyst
5 3 (7.89%) IT Project Manager
5 3 (7.89%) Project Manager
5 3 (7.89%) Remedy Analyst
5 3 (7.89%) T-SQL Developer
6 2 (5.26%) Credit Analyst
6 2 (5.26%) Infrastructure Manager
6 2 (5.26%) Infrastructure Project Manager
6 2 (5.26%) Test Analyst
Libraries, Frameworks & Software Standards
1 4 (10.53%) Web Services
1 4 (10.53%) XML
2 3 (7.89%) .NET
3 1 (2.63%) .NET Framework
3 1 (2.63%) Middleware
Miscellaneous
1 2 (5.26%) Reinsurance
2 1 (2.63%) Credit Risk
Operating Systems
1 6 (15.79%) Windows
2 4 (10.53%) Windows Server
3 2 (5.26%) Windows Server 2008
3 2 (5.26%) Windows Server 2012
Processes & Methodologies
1 9 (23.68%) Agile Software Development
2 6 (15.79%) Investment Management
2 6 (15.79%) Security Architecture
3 5 (13.16%) Business Intelligence
3 5 (13.16%) SDLC
4 4 (10.53%) ITIL
4 4 (10.53%) ITSM
4 4 (10.53%) Service Management
5 3 (7.89%) Integration Testing
5 3 (7.89%) Project Management
5 3 (7.89%) Scrum
5 3 (7.89%) Supplier Management
6 2 (5.26%) Analytics
6 2 (5.26%) Automation Testing
6 2 (5.26%) Configuration Management
6 2 (5.26%) DevOps
6 2 (5.26%) Information Security
6 2 (5.26%) Requirements Analysis
6 2 (5.26%) Test Scripting
6 2 (5.26%) Use Case
Programming Languages
1 13 (34.21%) SQL
2 3 (7.89%) T-SQL
3 1 (2.63%) C#
3 1 (2.63%) VBScript
Qualifications
1 1 (2.63%) Degree
1 1 (2.63%) ISEB
Quality Assurance & Compliance
1 1 (2.63%) Data Quality
1 1 (2.63%) QA
System Software
1 4 (10.53%) VMware Infrastructure
2 2 (5.26%) Active Directory
2 2 (5.26%) XenApp
Vendors
1 8 (21.05%) HP
2 6 (15.79%) Microsoft
2 6 (15.79%) VMware
3 4 (10.53%) BMC
3 4 (10.53%) CheckPoint
3 4 (10.53%) Cisco
3 4 (10.53%) Remedy
4 2 (5.26%) 3PAR
4 2 (5.26%) Citrix
5 1 (2.63%) Oracle
5 1 (2.63%) Software AG
5 1 (2.63%) SunGard
5 1 (2.63%) TIBCO