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 4 December 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
4 Dec 2016
Same period 2015 Same period 2014
Banking
Rank 47 34 49
Rank change year-on-year
-13 +15
Contract jobs citing Banking 6 25 19
As % of all contract IT jobs located in Essex 1.47% 4.39% 3.51%
As % of the General category 4.20% 10.12% 10.44%
Number of daily rates quoted 3 18 16
Median daily rate £203 £425 £481
Median daily rate % change year-on-year
-52.35% -11.68%
90% offered a daily rate of more than £105 £350 £363
10% offered a daily rate of more than £388 £650 £600
UK excluding London median daily rate £415 £425 £413
% change year-on-year
-2.35% +3.03%
Number of hourly rates quoted 1 1 0
Median hourly rate £53.00 £16.13 -
Median hourly rate % change year-on-year
+228.68% -
UK excluding London median hourly rate £32.00 £17.25 £10.00
% change year-on-year
+85.50% +72.50%
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
143 247 182
As % of all contract IT jobs located in Essex 35.05% 43.41% 33.58%
Number of daily rates quoted 93 117 92
Median daily rate £450 £400 £400
Median daily rate % change year-on-year
+12.50% -
90% offered a daily rate of more than £250 £240 £275
10% offered a daily rate of more than £550 £550 £600
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 21 41 33
Median hourly rate £35.00 £22.50 £20.50
Median hourly rate % change year-on-year
+55.55% +9.75%
90% offered a hourly rate of more than £16.80 £16.50 £16.50
10% offered a hourly rate of more than £43.00 £43.70 £47.00
UK excluding London median hourly rate £24.50 £28.69 £25.00
% change year-on-year
-14.60% +14.76%

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 4 December 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 4 December 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
Chelmsford +6 1 £105 -70.00% 2
Southend-on-Sea - 1 £105 -
Banking
East of England

Banking
Top 30 Related IT Skills in Essex

For the 6 months to 4 December 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 8 (47.06%) Finance
2 6 (35.29%) Telecoms
3 5 (29.41%) Project Management
4 4 (23.53%) SQL
4 4 (23.53%) MS Project
4 4 (23.53%) MS Visio
4 4 (23.53%) Legal
5 3 (17.65%) Stakeholder Management
5 3 (17.65%) Automotive
5 3 (17.65%) Firewall
5 3 (17.65%) Agile Software Development
5 3 (17.65%) Retail
5 3 (17.65%) SQL Server Reporting Services
5 3 (17.65%) SQL Server Integration Services
5 3 (17.65%) ETL
5 3 (17.65%) VPN
5 3 (17.65%) ITIL
5 3 (17.65%) MS Excel
5 3 (17.65%) Cisco
5 3 (17.65%) Microsoft
5 3 (17.65%) CCNP
5 3 (17.65%) CCNA
5 3 (17.65%) CCDA
5 3 (17.65%) Cisco Certification
5 3 (17.65%) SDLC
5 3 (17.65%) ETL Development
5 3 (17.65%) Data Integration
5 3 (17.65%) SQL Server Analysis Services
5 3 (17.65%) Data Transformation
6 2 (11.76%) Test Strategy

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 1 (5.88%) BizTalk Server
1 1 (5.88%) SharePoint
1 1 (5.88%) Skype for Business
Applications
1 4 (23.53%) MS Project
1 4 (23.53%) MS Visio
2 3 (17.65%) MS Excel
3 2 (11.76%) MS Office
4 1 (5.88%) MS PowerPoint
Business Applications
1 2 (11.76%) Remedy ITSM
2 1 (5.88%) Dynamics CRM
2 1 (5.88%) SAP Oil and Gas
2 1 (5.88%) VisionPLUS
Cloud Services
1 1 (5.88%) Microsoft Azure
1 1 (5.88%) Office 365
1 1 (5.88%) Yammer
Communications & Networking
1 3 (17.65%) Firewall
1 3 (17.65%) VPN
2 2 (11.76%) Extranet
3 1 (5.88%) ATM
Database & Business Intelligence
1 3 (17.65%) SQL Server Analysis Services
1 3 (17.65%) SQL Server Integration Services
1 3 (17.65%) SQL Server Reporting Services
2 1 (5.88%) SQL Server
General
1 8 (47.06%) Finance
2 6 (35.29%) Telecoms
3 4 (23.53%) Legal
4 3 (17.65%) Automotive
4 3 (17.65%) Retail
5 1 (5.88%) Electronics
5 1 (5.88%) Manufacturing
5 1 (5.88%) Marketing
5 1 (5.88%) Retail Banking
Job Titles
1 7 (41.18%) Analyst
2 6 (35.29%) Business Analyst
3 3 (17.65%) Developer
3 3 (17.65%) ETL Developer
3 3 (17.65%) Network Engineer
3 3 (17.65%) Senior Analyst
3 3 (17.65%) Senior Business Analyst
3 3 (17.65%) SQL Developer
4 2 (11.76%) Banking Analyst
4 2 (11.76%) ITIL Business Analyst
4 2 (11.76%) ITSM Analyst
5 1 (5.88%) ATM Engineer
5 1 (5.88%) Banking Business Analyst
5 1 (5.88%) Compliance Analyst
5 1 (5.88%) Compliance Business Analyst
5 1 (5.88%) Customer Service Advisor
5 1 (5.88%) Mortgage Business Analyst
5 1 (5.88%) Regulatory Business Analyst
5 1 (5.88%) Regulatory Compliance Analyst
5 1 (5.88%) Regulatory Compliance Business Analyst
Libraries, Frameworks & Software Standards
1 1 (5.88%) COM
1 1 (5.88%) XML
Miscellaneous
1 3 (17.65%) Data Integration
2 2 (11.76%) Analytical Skills
2 2 (11.76%) Computer Science
3 1 (5.88%) Social Media
3 1 (5.88%) Statistics
3 1 (5.88%) SWIFT
Operating Systems
1 1 (5.88%) Windows
Processes & Methodologies
1 5 (29.41%) Project Management
2 3 (17.65%) Agile Software Development
2 3 (17.65%) Data Transformation
2 3 (17.65%) ETL
2 3 (17.65%) ETL Development
2 3 (17.65%) ITIL
2 3 (17.65%) SDLC
2 3 (17.65%) Stakeholder Management
3 2 (11.76%) Business Analysis
3 2 (11.76%) Business Intelligence
3 2 (11.76%) Business Process Mapping
3 2 (11.76%) Change Management
3 2 (11.76%) ITSM
3 2 (11.76%) Test Strategy
3 2 (11.76%) Waterfall
4 1 (5.88%) Coaching
4 1 (5.88%) CRM
4 1 (5.88%) Data Management
4 1 (5.88%) Mentoring
4 1 (5.88%) Programme Management
Programming Languages
1 4 (23.53%) SQL
2 2 (11.76%) T-SQL
3 1 (5.88%) C
Qualifications
1 3 (17.65%) CCDA
1 3 (17.65%) CCNA
1 3 (17.65%) CCNP
1 3 (17.65%) Cisco Certification
2 1 (5.88%) GSEC
2 1 (5.88%) MCP
Vendors
1 3 (17.65%) Cisco
1 3 (17.65%) Microsoft
2 2 (11.76%) BMC
2 2 (11.76%) Remedy
2 2 (11.76%) SAP
3 1 (5.88%) Infor
3 1 (5.88%) Oracle
3 1 (5.88%) Salesforce.com
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