The table below looks at the prevalence of the term Banking in IT contracts advertised for the Hertfordshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 28 July 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
28 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 70 42 52
Rank change year-on-year
-28 +10
Contract jobs citing Banking 3 21 8
As % of all contract IT jobs located in Hertfordshire 0.35% 3.13% 1.31%
As % of the General category 1.16% 6.86% 3.00%
Number of daily rates quoted 3 9 6
Average daily rate
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£475 £300 £360
Average daily rate % change year-on-year
+58.33% -16.66%
UK excluding London average daily rate £400 £400 £400
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £17.50 £22.50
% change year-on-year
-40.34% -22.22%
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 Hertfordshire region.

General Category
Hertfordshire
Contract IT job ads with a match in the
General category
259 306 267
As % of all contract IT jobs located in Hertfordshire 30.40% 45.60% 43.63%
Number of daily rates quoted 92 147 133
Average daily rate £418 £375 £400
Average daily rate % change year-on-year
+11.33% -6.25%
90% offered a daily rate of more than £200 £190 £250
10% offered a daily rate of more than £573 £474 £550
UK excluding London average daily rate £398 £383 £388
% change year-on-year
+3.92% -1.29%
Number of hourly rates quoted 29 20 16
Average hourly rate £20.94 £16.75 £16.50
Average hourly rate % change year-on-year
+24.98% +1.51%
90% offered a hourly rate of more than £14.50 £10.50 £11.48
10% offered a hourly rate of more than £36.60 £30.00 £37.50
UK excluding London average hourly rate £22.50 £22.50 £22.50

Banking
Jobs Demand Trend in Hertfordshire

This chart provides a 3-month moving total of IT contractor jobs citing Banking across the Hertfordshire region as a proportion of the total demand within the General category.

Banking Jobs Demand Trend in Hertfordshire

Banking
Daily Rate Trend in Hertfordshire

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

Banking Daily Rate Trend in Hertfordshire

Banking
Hourly Rate Trend in Hertfordshire

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Hertfordshire region.

Banking Hourly Rate Trend in Hertfordshire

Banking
Top 21 Related IT Skills in Hertfordshire

For the 6 months to 28 July 2015, IT contractor jobs across the Hertfordshire region citing 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 Banking.

1 4 (40.00%) Linux
1 4 (40.00%) Finance
2 3 (30.00%) Retail
3 2 (20.00%) Blue Coat
3 2 (20.00%) Validation
3 2 (20.00%) SAP
3 2 (20.00%) Firewall
3 2 (20.00%) Cisco
3 2 (20.00%) Red Hat
3 2 (20.00%) CheckPoint
3 2 (20.00%) Stakeholder Engagement
3 2 (20.00%) F5
3 2 (20.00%) Cisco Nexus
3 2 (20.00%) Data Centre
3 2 (20.00%) Xen
3 2 (20.00%) Network Security
3 2 (20.00%) Cisco ASA
3 2 (20.00%) Red Hat Enterprise Linux
3 2 (20.00%) Infoblox
4 1 (10.00%) ITIL
4 1 (10.00%) ERP

Banking
Top Related IT Skills in Hertfordshire by Category

For the 6 months to 28 July 2015, IT contractor jobs across the Hertfordshire region citing 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 Banking. Up to 20 skills are shown per category.

Communications & Networking
1 2 (20.00%) Firewall
1 2 (20.00%) Network Security
1 2 (20.00%) Cisco ASA
1 2 (20.00%) Cisco Nexus
General
1 4 (40.00%) Finance
2 3 (30.00%) Retail
Job Titles
1 7 (70.00%) Analyst
2 5 (50.00%) Business Analyst
3 2 (20.00%) Consultant
3 2 (20.00%) Network Analyst
3 2 (20.00%) Security Analyst
3 2 (20.00%) SAP Business Analyst
3 2 (20.00%) Linux Consultant
3 2 (20.00%) Network Security Analyst
4 1 (10.00%) SAP Analyst
4 1 (10.00%) Designer
4 1 (10.00%) Build Engineer
4 1 (10.00%) Linux Engineer
Miscellaneous
1 2 (20.00%) Data Centre
Operating Systems
1 4 (40.00%) Linux
2 2 (20.00%) Red Hat Enterprise Linux
Processes & Methodologies
1 2 (20.00%) Validation
1 2 (20.00%) Stakeholder Engagement
2 1 (10.00%) ITIL
2 1 (10.00%) ERP
System Software
1 2 (20.00%) Xen
Vendors
1 2 (20.00%) SAP
1 2 (20.00%) Cisco
1 2 (20.00%) Red Hat
1 2 (20.00%) CheckPoint
1 2 (20.00%) Blue Coat
1 2 (20.00%) Infoblox
1 2 (20.00%) F5