The first 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 17 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Essex region.

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
17 Apr 2014
Same period 2013 Same period 2012
Retail Banking
Rank - 43 38
Contract jobs citing Retail Banking 0 3 6
As % of all contract IT jobs located in Essex - 0.73% 1.40%
As % of the General category - 2.22% 4.51%
Number of daily rates quoted 0 0 6
Average daily rate - - £431
UK excluding London average daily rate £400 £375 £378
% change year-on-year
+6.66% -0.79%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £20.00
General Category
Essex
Contract IT job ads with a match in the
General category
272 135 133
As % of all contract IT jobs located in Essex 35.79% 32.77% 31.00%
Number of daily rates quoted 148 60 57
Average daily rate £400 £375 £420
Average daily rate % change year-on-year
+6.66% -10.71%
90% offered a daily rate of more than £170 £243 £253
10% offered a daily rate of more than £575 £425 £500
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 20 32 15
Average hourly rate £37.75 £30.00 £24.00
Average hourly rate % change year-on-year
+25.83% +25.00%
90% offered a hourly rate of more than £16.50 £15.00 £17.00
10% offered a hourly rate of more than £45.30 £46.00 £35.00
UK excluding London average hourly rate £25.00 £26.50 £25.00
% change year-on-year
-5.66% +6.00%
Retail Banking
East of England

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