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 3 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
3 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 60 42 52
Rank change year-on-year
-18 +10
Contract jobs citing Banking 6 13 10
As % of all contract IT jobs located in Hertfordshire 0.75% 2.14% 1.58%
As % of the General category 2.62% 4.85% 3.64%
Number of daily rates quoted 5 2 7
Average daily rate
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£400 £419 £360
Average daily rate % change year-on-year
-4.47% +16.31%
90% offered a daily rate of more than £342 £414 £243
10% offered a daily rate of more than £475 £424 £416
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 £20.75 £20.75
% change year-on-year
-49.68% -
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
229 268 275
As % of all contract IT jobs located in Hertfordshire 28.55% 44.08% 43.38%
Number of daily rates quoted 91 121 134
Average daily rate £400 £369 £400
Average daily rate % change year-on-year
+8.47% -7.81%
90% offered a daily rate of more than £207 £164 £250
10% offered a daily rate of more than £580 £450 £615
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 23 21 14
Average hourly rate £32.50 £21.00 £18.00
Average hourly rate % change year-on-year
+54.76% +16.66%
90% offered a hourly rate of more than £14.50 £10.50 £12.02
10% offered a hourly rate of more than £38.00 £30.00 £32.00
UK excluding London average hourly rate £22.50 £22.75 £23.21
% change year-on-year
-1.09% -1.98%

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
Daily Rate Histogram in Hertfordshire

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Hertfordshire region over the 3 months to 3 July 2015.

Banking Daily Rate Histogram 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
Contract Job Locations in Hertfordshire

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the Hertfordshire region over the 3 months to 3 July 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Watford -10 1 £390 -5.45% 3
Welwyn Garden City - 1 £310 -
Banking
East of England

Banking
Top 30 Related IT Skills in Hertfordshire

For the 6 months to 3 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 8 (57.14%) Finance
2 4 (28.57%) Linux
3 3 (21.43%) Retail
4 2 (14.29%) Blue Coat
4 2 (14.29%) Agile Software Development
4 2 (14.29%) Xen
4 2 (14.29%) Credit Risk
4 2 (14.29%) Network Security
4 2 (14.29%) Cisco ASA
4 2 (14.29%) Red Hat Enterprise Linux
4 2 (14.29%) Infoblox
4 2 (14.29%) F5
4 2 (14.29%) Cisco Nexus
4 2 (14.29%) SAP
4 2 (14.29%) Cisco
4 2 (14.29%) Red Hat
4 2 (14.29%) CheckPoint
4 2 (14.29%) Validation
4 2 (14.29%) Firewall
4 2 (14.29%) Stakeholder Engagement
4 2 (14.29%) Data Centre
5 1 (7.14%) Waterfall
5 1 (7.14%) SWIFT
5 1 (7.14%) Change Management
5 1 (7.14%) Management Information System
5 1 (7.14%) Telecoms
5 1 (7.14%) Stakeholder Management
5 1 (7.14%) JavaScript
5 1 (7.14%) SQL
5 1 (7.14%) MS Project

Banking
Top Related IT Skills in Hertfordshire by Category

For the 6 months to 3 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.

Applications
1 1 (7.14%) MS Project
1 1 (7.14%) MS Excel
1 1 (7.14%) MS PowerPoint
Communications & Networking
1 2 (14.29%) Firewall
1 2 (14.29%) Network Security
1 2 (14.29%) Cisco ASA
1 2 (14.29%) Cisco Nexus
Development Applications
1 1 (7.14%) HP UFT
1 1 (7.14%) JIRA
General
1 8 (57.14%) Finance
2 3 (21.43%) Retail
3 1 (7.14%) Telecoms
Job Titles
1 8 (57.14%) Analyst
2 5 (35.71%) Business Analyst
3 2 (14.29%) Architect
3 2 (14.29%) Consultant
3 2 (14.29%) Network Analyst
3 2 (14.29%) Security Analyst
3 2 (14.29%) SAP Business Analyst
3 2 (14.29%) Linux Consultant
3 2 (14.29%) Network Security Analyst
4 1 (7.14%) SAP Analyst
4 1 (7.14%) Designer
4 1 (7.14%) Build Engineer
4 1 (7.14%) Linux Engineer
4 1 (7.14%) UML Business Analyst
4 1 (7.14%) Infrastructure Manager
4 1 (7.14%) Enterprise Architect
4 1 (7.14%) Infrastructure Project Manager
4 1 (7.14%) Solutions Architect
4 1 (7.14%) Test Analyst
4 1 (7.14%) Project Manager
Miscellaneous
1 2 (14.29%) Credit Risk
1 2 (14.29%) Data Centre
2 1 (7.14%) Management Information System
2 1 (7.14%) SWIFT
2 1 (7.14%) Analytical Skills
Operating Systems
1 4 (28.57%) Linux
2 2 (14.29%) Red Hat Enterprise Linux
3 1 (7.14%) UNIX
Processes & Methodologies
1 2 (14.29%) Agile Software Development
1 2 (14.29%) Validation
1 2 (14.29%) Stakeholder Engagement
2 1 (7.14%) Waterfall
2 1 (7.14%) Test Planning
2 1 (7.14%) Stakeholder Management
2 1 (7.14%) Business Analysis
2 1 (7.14%) Software Testing
2 1 (7.14%) Use Case
2 1 (7.14%) Test Management
2 1 (7.14%) Test Scripting
2 1 (7.14%) ITIL
2 1 (7.14%) PRINCE2
2 1 (7.14%) UML
2 1 (7.14%) DSDM
2 1 (7.14%) E-Commerce
2 1 (7.14%) ERP
2 1 (7.14%) Project Management
2 1 (7.14%) Change Management
Programming Languages
1 1 (7.14%) JavaScript
1 1 (7.14%) SQL
1 1 (7.14%) Shell Script
Qualifications
1 1 (7.14%) ISEB
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 1 (7.14%) QA
System Software
1 2 (14.29%) Xen
Systems Management
1 1 (7.14%) HP Quality Center
Vendors
1 2 (14.29%) Red Hat
1 2 (14.29%) CheckPoint
1 2 (14.29%) Blue Coat
1 2 (14.29%) Infoblox
1 2 (14.29%) F5
1 2 (14.29%) SAP
1 2 (14.29%) Cisco
2 1 (7.14%) HP
Hertfordshire
Initi8 Recruitment
Rate: £450 - £500 Per Day
Posted: 3 days ago