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 20 January 2017 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
20 Jan 2017
Same period 2016 Same period 2015
Retail Banking
Rank - 51 51
Contract jobs citing Retail Banking 0 6 1
As % of all contract IT jobs located in Essex - 1.15% 0.23%
As % of the General category - 2.84% 0.67%
Number of daily rates quoted 0 5 1
Median daily rate - £425 £350
Median daily rate % change year-on-year
- +21.42%
UK excluding London median daily rate £425 £450 £450
% change year-on-year
-5.55% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
153 211 149
As % of all contract IT jobs located in Essex 36.78% 40.27% 34.73%
Number of daily rates quoted 106 123 80
Median daily rate £400 £375 £425
Median daily rate % change year-on-year
+6.66% -11.76%
90% offered a daily rate of more than £255 £240 £238
10% offered a daily rate of more than £550 £550 £625
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 19 25 26
Median hourly rate £36.00 £17.50 £16.50
Median hourly rate % change year-on-year
+105.71% +6.06%
UK excluding London median hourly rate £27.00 £32.50 £26.00
% change year-on-year
-16.92% +25.00%

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