The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the Essex region. Included is a guide to the contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 25 June 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
25 Jun 2016
Same period 2015 Same period 2014
Retail Banking
Rank 56 59 -
Rank change year-on-year
+3 -
Contract jobs citing Retail Banking 2 2 0
As % of all contract IT jobs located in Essex 0.43% 0.32% -
As % of the General category 1.04% 0.81% -
Number of daily rates quoted 2 1 0
Median daily rate £350 £363 -
Median daily rate % change year-on-year
-3.44% -
UK excluding London median daily rate £400 £400 £425
% change year-on-year
- -5.88%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Retail 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
193 247 200
As % of all contract IT jobs located in Essex 41.06% 39.08% 36.17%
Number of daily rates quoted 71 148 107
Median daily rate £400 £394 £384
Median daily rate % change year-on-year
+1.58% +2.53%
90% offered a daily rate of more than £249 £273 £162
10% offered a daily rate of more than £500 £600 £500
UK excluding London median daily rate £400 £400 £378
% change year-on-year
- +5.96%
Number of hourly rates quoted 65 27 37
Median hourly rate £19.00 £19.00 £30.00
Median hourly rate % change year-on-year
- -36.66%
90% offered a hourly rate of more than £16.50 £16.50 £16.50
10% offered a hourly rate of more than £40.00 £45.20 £43.25
UK excluding London median hourly rate £25.00 £22.50 £24.50
% change year-on-year
+11.11% -8.16%

Retail Banking
Jobs Demand Trend in Essex

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

Retail Banking Jobs Demand Trend in Essex

Retail Banking
Daily Rate Trend in Essex

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

Retail Banking Daily Rate Trend in Essex

Retail Banking
Top 5 Related IT Skills in Essex

For the 6 months to 25 June 2016, IT contractor jobs citing Retail 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 Retail Banking.

1 2 (100.00%) Finance
1 2 (100.00%) Migration
1 2 (100.00%) Banking
1 2 (100.00%) Retail
2 1 (50.00%) Summit

Retail 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:

Business Applications
1 1 (50.00%) Summit
General
1 2 (100.00%) Banking
1 2 (100.00%) Finance
1 2 (100.00%) Retail
Job Titles
1 2 (100.00%) Analyst
1 2 (100.00%) Test Analyst
2 1 (50.00%) Lead Test Analyst
2 1 (50.00%) Test Leader
Processes & Methodologies
1 2 (100.00%) Migration