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 30 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
30 May 2016
Same period 2015 Same period 2014
Banking
Rank 45 36 42
Rank change year-on-year
-9 +6
Contract jobs citing Banking 13 19 15
As % of all contract IT jobs located in Essex 2.84% 3.48% 2.44%
As % of the General category 6.63% 9.13% 7.08%
Number of daily rates quoted 4 16 10
Median daily rate £394 £525 £400
Median daily rate % change year-on-year
-25.00% +31.25%
90% offered a daily rate of more than £354 £363 £284
10% offered a daily rate of more than £425 £625 £650
UK excluding London median daily rate £410 £413 £400
% change year-on-year
-0.60% +3.12%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £14.00
UK excluding London median hourly rate £9.82 £10.44 £14.50
% change year-on-year
-5.98% -28.00%
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
196 208 212
As % of all contract IT jobs located in Essex 42.89% 38.10% 34.42%
Number of daily rates quoted 64 125 116
Median daily rate £410 £400 £383
Median daily rate % change year-on-year
+2.50% +4.37%
90% offered a daily rate of more than £236 £261 £140
10% offered a daily rate of more than £500 £600 £585
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 58 13 28
Median hourly rate £19.00 £39.00 £28.83
Median hourly rate % change year-on-year
-51.28% +35.29%
90% offered a hourly rate of more than £16.50 £16.50 £16.50
10% offered a hourly rate of more than £40.00 £47.25 £45.00
UK excluding London median hourly rate £26.06 £24.25 £25.00
% change year-on-year
+7.46% -3.00%

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
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
Top 30 Related IT Skills in Essex

For the 6 months to 30 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 21 (63.64%) Finance
2 9 (27.27%) Telecoms
2 9 (27.27%) SQL
2 9 (27.27%) Agile Software Development
3 8 (24.24%) HP
4 7 (21.21%) SQL Server
5 6 (18.18%) Windows
5 6 (18.18%) MS Excel
5 6 (18.18%) MS Exchange
5 6 (18.18%) Microsoft
5 6 (18.18%) VMware
5 6 (18.18%) Investment Management
5 6 (18.18%) Security Architecture
6 5 (15.15%) SDLC
6 5 (15.15%) Business Intelligence
7 4 (12.12%) Cisco
7 4 (12.12%) BMC
7 4 (12.12%) CheckPoint
7 4 (12.12%) Remedy
7 4 (12.12%) Web Services
7 4 (12.12%) XML
7 4 (12.12%) ITIL
7 4 (12.12%) ITSM
7 4 (12.12%) Service Management
7 4 (12.12%) Windows Server
7 4 (12.12%) VMware Infrastructure
7 4 (12.12%) SQL Server Integration Services
7 4 (12.12%) Remedy ITSM
7 4 (12.12%) SQL Server Reporting Services
8 3 (9.09%) Supplier Management

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 (18.18%) MS Exchange
2 3 (9.09%) SAS
3 2 (6.06%) SharePoint
Applications
1 6 (18.18%) MS Excel
2 3 (9.09%) MS Project
3 1 (3.03%) MS PowerPoint
Business Applications
1 4 (12.12%) Remedy ITSM
2 1 (3.03%) Summit
Communications & Networking
1 2 (6.06%) DHCP
1 2 (6.06%) DNS
1 2 (6.06%) Firewall
1 2 (6.06%) NetScaler
2 1 (3.03%) Intranet
Database & Business Intelligence
1 7 (21.21%) SQL Server
2 4 (12.12%) SQL Server Integration Services
2 4 (12.12%) SQL Server Reporting Services
3 3 (9.09%) Data Warehouse
3 3 (9.09%) SQL Server 2012
4 2 (6.06%) SQL Server 2005
4 2 (6.06%) SQL Server 2008
5 1 (3.03%) Data Mart
5 1 (3.03%) Data Mining
5 1 (3.03%) MS Access
5 1 (3.03%) SQL Server Analysis Services
Development Applications
1 2 (6.06%) HP UFT
General
1 21 (63.64%) Finance
2 9 (27.27%) Telecoms
3 2 (6.06%) Retail
4 1 (3.03%) Retail Banking
Job Titles
1 8 (24.24%) Architect
2 6 (18.18%) Analyst
3 5 (15.15%) Developer
4 4 (12.12%) Business Intelligence Developer
4 4 (12.12%) IT Manager
4 4 (12.12%) SQL BI Developer
4 4 (12.12%) SQL Developer
4 4 (12.12%) SSIS Developer
4 4 (12.12%) SSRS Developer
4 4 (12.12%) Technical Architect
5 3 (9.09%) IT Project Manager
5 3 (9.09%) Project Manager
5 3 (9.09%) Remedy Analyst
5 3 (9.09%) Test Analyst
5 3 (9.09%) T-SQL Developer
6 2 (6.06%) Applications Support
6 2 (6.06%) Infrastructure Manager
6 2 (6.06%) Infrastructure Project Manager
6 2 (6.06%) Integration Analyst
6 2 (6.06%) Security Architect
Libraries, Frameworks & Software Standards
1 4 (12.12%) Web Services
1 4 (12.12%) XML
2 3 (9.09%) .NET
3 1 (3.03%) .NET Framework
Miscellaneous
1 1 (3.03%) Reinsurance
Operating Systems
1 6 (18.18%) Windows
2 4 (12.12%) Windows Server
3 2 (6.06%) Windows Server 2008
3 2 (6.06%) Windows Server 2012
Processes & Methodologies
1 9 (27.27%) Agile Software Development
2 6 (18.18%) Investment Management
2 6 (18.18%) Security Architecture
3 5 (15.15%) Business Intelligence
3 5 (15.15%) SDLC
4 4 (12.12%) ITIL
4 4 (12.12%) ITSM
4 4 (12.12%) Service Management
5 3 (9.09%) Integration Testing
5 3 (9.09%) Project Management
5 3 (9.09%) Scrum
5 3 (9.09%) Supplier Management
6 2 (6.06%) Change Control
6 2 (6.06%) Configuration Management
6 2 (6.06%) High Availability
6 2 (6.06%) PRINCE2
6 2 (6.06%) Quality Management
6 2 (6.06%) RAD
6 2 (6.06%) Service Delivery
6 2 (6.06%) Test Scripting
Programming Languages
1 9 (27.27%) SQL
2 3 (9.09%) T-SQL
3 1 (3.03%) C#
3 1 (3.03%) VBScript
Qualifications
1 1 (3.03%) ISEB
Quality Assurance & Compliance
1 1 (3.03%) Data Quality
1 1 (3.03%) QA
System Software
1 4 (12.12%) VMware Infrastructure
2 2 (6.06%) Active Directory
2 2 (6.06%) XenApp
Vendors
1 8 (24.24%) HP
2 6 (18.18%) Microsoft
2 6 (18.18%) VMware
3 4 (12.12%) BMC
3 4 (12.12%) CheckPoint
3 4 (12.12%) Cisco
3 4 (12.12%) Remedy
4 2 (6.06%) 3PAR
4 2 (6.06%) Citrix
5 1 (3.03%) SunGard