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 contractor rates offered in IT contracts that have cited Banking over the 3 months to 29 August 2016 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
29 Aug 2016
Same period 2015 Same period 2014
Banking
Rank 52 58 50
Rank change year-on-year
+6 -8
Contract jobs citing Banking 10 8 25
As % of all contract IT jobs located in Hertfordshire 1.43% 1.00% 3.13%
As % of the General category 3.45% 2.94% 6.87%
Number of daily rates quoted 2 8 14
Median daily rate £315 £475 £290
Median daily rate % change year-on-year
-33.68% +63.79%
90% offered a daily rate of more than £147 £475 £211
10% offered a daily rate of more than £483 £483 £489
UK excluding London median daily rate £420 £405 £400
% change year-on-year
+3.70% +1.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £29.50 £12.75 £17.25
% change year-on-year
+131.37% -26.08%
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
290 272 364
As % of all contract IT jobs located in Hertfordshire 41.61% 33.92% 45.50%
Number of daily rates quoted 179 95 186
Median daily rate £400 £450 £388
Median daily rate % change year-on-year
-11.11% +16.12%
90% offered a daily rate of more than £204 £200 £210
10% offered a daily rate of more than £515 £551 £500
UK excluding London median daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 5 28 18
Median hourly rate £16.00 £20.94 £14.50
Median hourly rate % change year-on-year
-23.57% +44.37%
90% offered a hourly rate of more than £14.00 £14.50 £10.50
10% offered a hourly rate of more than £20.00 £35.50 £30.00
UK excluding London median hourly rate £20.00 £25.00 £22.50
% change year-on-year
-20.00% +11.11%

Banking
Jobs Demand Trend in Hertfordshire

The demand trend of contract jobs across the Hertfordshire region citing Banking as a proportion of all IT contracts with a match in 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 29 August 2016.

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 median contractor rates quoted in IT jobs citing Banking within the Hertfordshire region over the 3 months to 29 August 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Watford - 7 £105 -
Rickmansworth - 1 - -
Welwyn Garden City - 1 - -
Banking
East of England

Banking
Top 30 Related IT Skills in Hertfordshire

For the 6 months to 29 August 2016, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Hertfordshire region with a requirement for Banking.

1 11 (50.00%) Finance
2 8 (36.36%) Project Management
3 6 (27.27%) Investment Management
4 5 (22.73%) Cisco ASA
4 5 (22.73%) Agile Software Development
4 5 (22.73%) F5
4 5 (22.73%) F5 BIG-IP LTM
4 5 (22.73%) F5 BIG-IP GTM
4 5 (22.73%) Blue Coat
4 5 (22.73%) BIG-IP
4 5 (22.73%) CheckPoint
4 5 (22.73%) MPLS
4 5 (22.73%) DNS
4 5 (22.73%) Cisco
4 5 (22.73%) FrameMaker
5 4 (18.18%) ATM
6 3 (13.64%) Scrum
6 3 (13.64%) Continuous Improvement
6 3 (13.64%) Retail
7 2 (9.09%) HP Quality Center
7 2 (9.09%) Waterfall
7 2 (9.09%) Process Improvement
7 2 (9.09%) Knowledge Management
7 2 (9.09%) Software Testing
7 2 (9.09%) ISTQB
7 2 (9.09%) Retail Banking
7 2 (9.09%) Programme Management
7 2 (9.09%) Telecoms
7 2 (9.09%) Validation
7 2 (9.09%) Microsoft

Banking
Top Related IT Skills in Hertfordshire by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 5 (22.73%) FrameMaker
2 2 (9.09%) MS Excel
Communications & Networking
1 5 (22.73%) BIG-IP
1 5 (22.73%) Cisco ASA
1 5 (22.73%) DNS
1 5 (22.73%) F5 BIG-IP GTM
1 5 (22.73%) F5 BIG-IP LTM
1 5 (22.73%) MPLS
2 4 (18.18%) ATM
Database & Business Intelligence
1 2 (9.09%) SQL Server
General
1 11 (50.00%) Finance
2 3 (13.64%) Retail
3 2 (9.09%) Retail Banking
3 2 (9.09%) Telecoms
Job Titles
1 5 (22.73%) Author
1 5 (22.73%) Project Manager
1 5 (22.73%) Technical Author
2 3 (13.64%) Technical Specialist
3 2 (9.09%) Analyst
3 2 (9.09%) Cisco Engineer
3 2 (9.09%) Cisco Network Engineer
3 2 (9.09%) IT Manager
3 2 (9.09%) IT Project Manager
3 2 (9.09%) Network Engineer
3 2 (9.09%) Programme Assurance Manager
3 2 (9.09%) Programme Manager
3 2 (9.09%) Software Analyst
3 2 (9.09%) Software Test Analyst
3 2 (9.09%) Test Analyst
4 1 (4.55%) Audit Manager
4 1 (4.55%) Field Engineer
4 1 (4.55%) Field Service Engineer
4 1 (4.55%) Infrastructure Project Manager
4 1 (4.55%) Senior Analyst
Libraries, Frameworks & Software Standards
1 1 (4.55%) .NET
Miscellaneous
1 2 (9.09%) Analytical Skills
2 1 (4.55%) EPoS
Operating Systems
1 2 (9.09%) Windows
1 2 (9.09%) Windows Server
Processes & Methodologies
1 8 (36.36%) Project Management
2 6 (27.27%) Investment Management
3 5 (22.73%) Agile Software Development
4 3 (13.64%) Continuous Improvement
4 3 (13.64%) Scrum
5 2 (9.09%) Knowledge Management
5 2 (9.09%) Process Improvement
5 2 (9.09%) Programme Management
5 2 (9.09%) SDLC
5 2 (9.09%) Software Testing
5 2 (9.09%) User Acceptance Testing
5 2 (9.09%) Validation
5 2 (9.09%) Waterfall
6 1 (4.55%) Business Analysis
6 1 (4.55%) Kanban
6 1 (4.55%) Migration
6 1 (4.55%) Project Planning
6 1 (4.55%) Root Cause Analysis
6 1 (4.55%) Six Sigma
6 1 (4.55%) Translating Business Requirements
Programming Languages
1 2 (9.09%) SQL
1 2 (9.09%) T-SQL
Qualifications
1 2 (9.09%) ISEB
1 2 (9.09%) ISTQB
Systems Management
1 2 (9.09%) HP Quality Center
Vendors
1 5 (22.73%) Blue Coat
1 5 (22.73%) CheckPoint
1 5 (22.73%) Cisco
1 5 (22.73%) F5
2 2 (9.09%) Microsoft