The table below looks at the prevalence of the term Investment Banking in IT contracts advertised for the Essex region. Included is a guide to the contractor rates offered in IT contracts that have cited Investment Banking over the 3 months to 28 September 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 Sep 2016
Same period 2015 Same period 2014
Investment Banking
Rank - 53 -
Contract jobs citing Investment Banking 0 1 0
As % of all contract IT jobs located in Essex - 0.19% -
As % of the General category - 0.42% -
Number of daily rates quoted 0 1 0
Median daily rate - £588 -
UK excluding London median daily rate £400 £450 £390
% change year-on-year
-11.11% +15.38%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £20.00 £175.00
% change year-on-year
- -88.57%
Investment 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
165 237 173
As % of all contract IT jobs located in Essex 38.82% 45.84% 36.58%
Number of daily rates quoted 98 107 78
Median daily rate £375 £375 £438
Median daily rate % change year-on-year
- -14.28%
90% offered a daily rate of more than £230 £254 £263
10% offered a daily rate of more than £525 £475 £595
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 30 39 37
Median hourly rate £32.40 £35.00 £31.00
Median hourly rate % change year-on-year
-7.42% +12.90%
90% offered a hourly rate of more than £16.50 £16.50 £16.50
10% offered a hourly rate of more than £45.00 £44.80 £42.50
UK excluding London median hourly rate £20.50 £30.00 £26.50
% change year-on-year
-31.66% +13.20%

Investment Banking
Jobs Demand Trend in Essex

The demand trend of contract jobs across the Essex region citing Investment Banking as a proportion of all IT contracts with a match in the General category.

Investment Banking Jobs Demand Trend in Essex

Investment Banking
Daily Rate Trend in Essex

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Investment Banking across the Essex region.

Investment Banking Daily Rate Trend in Essex