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 28 August 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
28 Aug 2016
Same period 2015 Same period 2014
Banking
Rank 44 43 37
Rank change year-on-year
-1 -6
Contract jobs citing Banking 12 13 19
As % of all contract IT jobs located in Essex 2.71% 2.01% 3.90%
As % of the General category 6.56% 4.63% 10.61%
Number of daily rates quoted 8 9 11
Median daily rate £381 £600 £475
Median daily rate % change year-on-year
-36.45% +26.31%
90% offered a daily rate of more than £204 £373 £238
10% offered a daily rate of more than £454 £625 £600
UK excluding London median daily rate £420 £405 £400
% change year-on-year
+3.70% +1.25%
Number of hourly rates quoted 1 1 3
Median hourly rate £29.50 £42.00 £30.00
Median hourly rate % change year-on-year
-29.76% +40.00%
UK excluding London median hourly rate £29.50 £12.75 £17.25
% change year-on-year
+131.37% -26.08%
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
183 281 179
As % of all contract IT jobs located in Essex 41.31% 43.50% 36.76%
Number of daily rates quoted 100 150 87
Median daily rate £350 £375 £425
Median daily rate % change year-on-year
-6.66% -11.76%
90% offered a daily rate of more than £230 £253 £244
10% offered a daily rate of more than £525 £600 £575
UK excluding London median daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 43 38 33
Median hourly rate £29.50 £30.00 £31.00
Median hourly rate % change year-on-year
-1.66% -3.22%
90% offered a hourly rate of more than £16.50 £16.50 £16.50
10% offered a hourly rate of more than £42.82 £42.00 £42.50
UK excluding London median hourly rate £20.00 £25.00 £22.50
% change year-on-year
-20.00% +11.11%

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 28 August 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 28 August 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 +7 1 - - 4
Basildon -1 1 - -
Chelmsford - 1 £95 - 1
Banking
East of England

Banking
Top 30 Related IT Skills in Essex

For the 6 months to 28 August 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 17 (62.96%) Finance
2 8 (29.63%) SQL
3 6 (22.22%) MS Project
3 6 (22.22%) MS Excel
3 6 (22.22%) Cisco
3 6 (22.22%) Microsoft
3 6 (22.22%) Project Management
3 6 (22.22%) Investment Management
3 6 (22.22%) Security Architecture
4 5 (18.52%) Agile Software Development
4 5 (18.52%) Retail
4 5 (18.52%) Firewall
5 4 (14.81%) Legal
5 4 (14.81%) HP
5 4 (14.81%) MS Visio
5 4 (14.81%) SQL Server
5 4 (14.81%) Windows
6 3 (11.11%) MS Exchange
6 3 (11.11%) Cisco Certification
6 3 (11.11%) CheckPoint
6 3 (11.11%) CCNP
6 3 (11.11%) CCNA
6 3 (11.11%) CCDA
6 3 (11.11%) ETL
6 3 (11.11%) SAS
6 3 (11.11%) VPN
6 3 (11.11%) Automotive
6 3 (11.11%) Migration
6 3 (11.11%) VMware
6 3 (11.11%) Telecoms

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 3 (11.11%) MS Exchange
1 3 (11.11%) SAS
2 1 (3.70%) BizTalk Server
2 1 (3.70%) SharePoint
2 1 (3.70%) Skype for Business
Applications
1 6 (22.22%) MS Excel
1 6 (22.22%) MS Project
2 4 (14.81%) MS Visio
3 2 (7.41%) MS Office
Business Applications
1 1 (3.70%) Dynamics CRM
1 1 (3.70%) SAP Oil and Gas
1 1 (3.70%) Summit
1 1 (3.70%) VisionPLUS
Cloud Services
1 1 (3.70%) Microsoft Azure
1 1 (3.70%) Office 365
1 1 (3.70%) Yammer
Communications & Networking
1 5 (18.52%) Firewall
2 3 (11.11%) VPN
3 2 (7.41%) Extranet
4 1 (3.70%) Intranet
Database & Business Intelligence
1 4 (14.81%) SQL Server
2 3 (11.11%) SQL Server Analysis Services
2 3 (11.11%) SQL Server Integration Services
2 3 (11.11%) SQL Server Reporting Services
3 1 (3.70%) Data Mart
3 1 (3.70%) Data Mining
Development Applications
1 1 (3.70%) HP UFT
General
1 17 (62.96%) Finance
2 5 (18.52%) Retail
3 4 (14.81%) Legal
4 3 (11.11%) Automotive
4 3 (11.11%) Retail Banking
4 3 (11.11%) Telecoms
5 1 (3.70%) Electronics
5 1 (3.70%) Manufacturing
5 1 (3.70%) Marketing
Job Titles
1 7 (25.93%) Architect
2 6 (22.22%) Analyst
3 4 (14.81%) Test Analyst
4 3 (11.11%) Banking Analyst
4 3 (11.11%) Developer
4 3 (11.11%) ETL Developer
4 3 (11.11%) Network Engineer
4 3 (11.11%) SQL Developer
4 3 (11.11%) Technical Architect
5 2 (7.41%) Business Analyst
5 2 (7.41%) Infrastructure Manager
5 2 (7.41%) Infrastructure Project Manager
5 2 (7.41%) IT Infrastructure Manager
5 2 (7.41%) IT Infrastructure Project Manager
5 2 (7.41%) IT Manager
5 2 (7.41%) IT Project Manager
5 2 (7.41%) Project Manager
5 2 (7.41%) Security Architect
6 1 (3.70%) Senior Manager
6 1 (3.70%) Test Manager
Libraries, Frameworks & Software Standards
1 2 (7.41%) .NET
2 1 (3.70%) COM
2 1 (3.70%) XML
Miscellaneous
1 3 (11.11%) Data Integration
2 2 (7.41%) Computer Science
3 1 (3.70%) Analytical Skills
3 1 (3.70%) Social Media
Operating Systems
1 4 (14.81%) Windows
2 3 (11.11%) Windows Server
Processes & Methodologies
1 6 (22.22%) Investment Management
1 6 (22.22%) Project Management
1 6 (22.22%) Security Architecture
2 5 (18.52%) Agile Software Development
3 3 (11.11%) Data Transformation
3 3 (11.11%) ETL
3 3 (11.11%) ETL Development
3 3 (11.11%) Migration
3 3 (11.11%) SDLC
3 3 (11.11%) Supplier Management
3 3 (11.11%) Waterfall
4 2 (7.41%) Business Intelligence
4 2 (7.41%) Change Control
4 2 (7.41%) Information Security
4 2 (7.41%) Integration Testing
4 2 (7.41%) Quality Management
4 2 (7.41%) Software Delivery
4 2 (7.41%) Stakeholder and Relationship Management
4 2 (7.41%) Stakeholder Management
4 2 (7.41%) Test Strategy
Programming Languages
1 8 (29.63%) SQL
2 2 (7.41%) T-SQL
3 1 (3.70%) C
3 1 (3.70%) VBScript
Qualifications
1 3 (11.11%) CCDA
1 3 (11.11%) CCNA
1 3 (11.11%) CCNP
1 3 (11.11%) Cisco Certification
2 1 (3.70%) GSEC
System Software
1 3 (11.11%) VMware Infrastructure
Vendors
1 6 (22.22%) Cisco
1 6 (22.22%) Microsoft
2 4 (14.81%) HP
3 3 (11.11%) CheckPoint
3 3 (11.11%) VMware
4 2 (7.41%) SAP
5 1 (3.70%) Infor
5 1 (3.70%) Oracle
5 1 (3.70%) Salesforce.com
5 1 (3.70%) SunGard
Essex
Edward Carter Solutions
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