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 average contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 2 June 2015 with a comparison to the same period in 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.

Location
3 months to
2 Jun 2015
Same period 2014 Same period 2013
Retail Banking
Rank 54 - 48
Rank change year-on-year
- 0
Contract jobs citing Retail Banking 1 0 1
As % of all contract IT jobs located in Essex 0.19% - 0.25%
As % of the General category 0.48% - 0.79%
Number of daily rates quoted 1 0 0
Average daily rate
Keep up to 90%
of your Daily Rate
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£363 - -
UK excluding London average daily rate £407 £425 £390
% change year-on-year
-4.35% +8.97%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
208 204 127
As % of all contract IT jobs located in Essex 38.59% 36.17% 31.44%
Number of daily rates quoted 128 113 42
Average daily rate £400 £383 £375
Average daily rate % change year-on-year
+4.37% +2.20%
90% offered a daily rate of more than £261 £140 £227
10% offered a daily rate of more than £600 £600 £473
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 15 27 40
Average hourly rate £21.00 £29.41 £30.00
Average hourly rate % change year-on-year
-28.60% -1.95%
90% offered a hourly rate of more than £16.50 £16.50 £15.00
10% offered a hourly rate of more than £47.00 £45.00 £46.15
UK excluding London average hourly rate £22.50 £25.00 £26.00
% change year-on-year
-10.00% -3.84%

Retail Banking
Jobs Demand Trend in Essex

This chart provides a 3-month moving total of IT contractor jobs citing Retail Banking across the Essex region as a proportion of the total demand within 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 19 Related IT Skills in Essex

For the 6 months to 2 June 2015, IT contractor jobs across the Essex region citing Retail Banking also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Retail Banking.

1 3 (100.00%) Banking
1 3 (100.00%) Retail
1 3 (100.00%) Finance
2 1 (33.33%) Migration
2 1 (33.33%) Programme Management
2 1 (33.33%) Agile Software Development
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) Integration Testing
2 1 (33.33%) Data Migration
2 1 (33.33%) Waterfall
2 1 (33.33%) Test Strategy
2 1 (33.33%) SDLC
2 1 (33.33%) SQL
2 1 (33.33%) XML
2 1 (33.33%) MS Excel
2 1 (33.33%) Microsoft
2 1 (33.33%) Project Management
2 1 (33.33%) Change Management
2 1 (33.33%) Financial Institution

Retail Banking
Top Related IT Skills in Essex by Category

For the 6 months to 2 June 2015, IT contractor jobs across the Essex region citing Retail Banking also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Retail Banking. Up to 20 skills are shown per category.

Applications
1 1 (33.33%) MS Excel
General
1 3 (100.00%) Banking
1 3 (100.00%) Retail
1 3 (100.00%) Finance
2 1 (33.33%) Financial Institution
Job Titles
1 1 (33.33%) Project Manager
1 1 (33.33%) Programme Manager
1 1 (33.33%) Analyst
1 1 (33.33%) Test Analyst
Libraries, Frameworks & Software Standards
1 1 (33.33%) XML
Processes & Methodologies
1 1 (33.33%) Migration
1 1 (33.33%) Programme Management
1 1 (33.33%) Agile Software Development
1 1 (33.33%) User Acceptance Testing
1 1 (33.33%) Integration Testing
1 1 (33.33%) Data Migration
1 1 (33.33%) Waterfall
1 1 (33.33%) Test Strategy
1 1 (33.33%) SDLC
1 1 (33.33%) Project Management
1 1 (33.33%) Change Management
Programming Languages
1 1 (33.33%) SQL
Vendors
1 1 (33.33%) Microsoft