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 19 September 2014 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
19 Sep 2014
Same period 2013 Same period 2012
Banking
Rank 51 47 58
Rank change year-on-year
-4 +11
Contract jobs citing Banking 25 6 18
As % of all contract IT jobs located in Hertfordshire 2.98% 1.22% 1.85%
As % of the General category 6.43% 3.13% 3.95%
Number of daily rates quoted 16 4 15
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£313 £294 £425
Average daily rate % change year-on-year
+6.38% -30.88%
90% offered a daily rate of more than £211 £180 £218
10% offered a daily rate of more than £481 £409 £450
UK excluding London average daily rate £413 £400 £380
% change year-on-year
+3.25% +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £14.00 £17.50 £19.00
% change year-on-year
-20.00% -7.89%
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
389 192 456
As % of all contract IT jobs located in Hertfordshire 46.31% 39.18% 46.96%
Number of daily rates quoted 197 86 201
Average daily rate £391 £400 £400
Average daily rate % change year-on-year
-2.18% -
90% offered a daily rate of more than £210 £233 £200
10% offered a daily rate of more than £518 £500 £455
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 19 17 16
Average hourly rate £16.00 £14.10 £29.00
Average hourly rate % change year-on-year
+13.47% -51.37%
90% offered a hourly rate of more than £10.50 £9.00 £10.40
10% offered a hourly rate of more than £32.00 £50.00 £34.50
UK excluding London average hourly rate £23.00 £20.50 £28.50
% change year-on-year
+12.19% -28.07%

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 19 September 2014.

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 19 September 2014. 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
Bishop's Stortford - 1 - - 1
Hemel Hempstead - - - - 2
St Albans - - - -
Watford - - - - 7
Welwyn Garden City - - - -
Banking
East of England

Banking
Top 30 Related IT Skills in Hertfordshire

For the 6 months to 19 September 2014, 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 14 (38.89%) Finance
2 12 (33.33%) ETL
2 12 (33.33%) Informatica
3 10 (27.78%) SQL
4 9 (25.00%) Agile Software Development
5 8 (22.22%) Oracle
5 8 (22.22%) SAS
5 8 (22.22%) Business Intelligence
5 8 (22.22%) Data Warehouse
5 8 (22.22%) Waterfall
6 7 (19.44%) Dimensional Modelling
6 7 (19.44%) Base SAS
6 7 (19.44%) Data Integration
6 7 (19.44%) SAS Macro
6 7 (19.44%) Performance Tuning
6 7 (19.44%) Cognos
6 7 (19.44%) SQL Server
6 7 (19.44%) OLAP
6 7 (19.44%) Data Modelling
6 7 (19.44%) Ab Initio
7 6 (16.67%) Requirements Analysis
7 6 (16.67%) Citrix
7 6 (16.67%) Test Scripting
8 5 (13.89%) User Acceptance Testing
8 5 (13.89%) Oracle ODI
8 5 (13.89%) ISEB
8 5 (13.89%) DataStage
8 5 (13.89%) PL/SQL
8 5 (13.89%) Software Testing
8 5 (13.89%) ISTQB

Banking
Top Related IT Skills in Hertfordshire by Category

For the 6 months to 19 September 2014, 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.

Application Platforms
1 8 (22.22%) SAS
Applications
1 3 (8.33%) MS Office
1 3 (8.33%) MS Visio
2 1 (2.78%) SPSS
Business Applications
1 2 (5.56%) Temenos T24
Communications & Networking
1 2 (5.56%) SAN
Database & Business Intelligence
1 8 (22.22%) Data Warehouse
2 7 (19.44%) Base SAS
2 7 (19.44%) SQL Server
2 7 (19.44%) OLAP
3 5 (13.89%) Oracle ODI
3 5 (13.89%) DataStage
4 2 (5.56%) NoSQL
4 2 (5.56%) Oracle Database
General
1 14 (38.89%) Finance
2 2 (5.56%) Retail
2 2 (5.56%) Financial Institution
3 1 (2.78%) Telecoms
3 1 (2.78%) Retail Banking
Job Titles
1 12 (33.33%) Developer
2 10 (27.78%) Analyst
3 7 (19.44%) SAS Developer
4 5 (13.89%) Tester
4 5 (13.89%) Senior Software Tester
4 5 (13.89%) Test Analyst
4 5 (13.89%) Senior Tester
4 5 (13.89%) Software Tester
4 5 (13.89%) Business Analyst
5 3 (8.33%) Banking Business Analyst
6 2 (5.56%) Payments Business Analyst
6 2 (5.56%) Infrastructure Solutions Architect
6 2 (5.56%) Infrastructure Architect
6 2 (5.56%) Solutions Architect
6 2 (5.56%) Oracle Developer
6 2 (5.56%) Architect
6 2 (5.56%) Project Manager
7 1 (2.78%) Consultant
7 1 (2.78%) Service Manager
7 1 (2.78%) Systems Manager
Libraries, Frameworks & Software Standards
1 4 (11.11%) XML
2 3 (8.33%) Web Services
3 2 (5.56%) Middleware
4 1 (2.78%) XML Messaging
4 1 (2.78%) FIX Protocol
Miscellaneous
1 7 (19.44%) Data Integration
2 3 (8.33%) Mainframe
Operating Systems
1 2 (5.56%) UNIX
1 2 (5.56%) Solaris
1 2 (5.56%) Linux
Processes & Methodologies
1 12 (33.33%) ETL
2 9 (25.00%) Agile Software Development
3 8 (22.22%) Business Intelligence
3 8 (22.22%) Waterfall
4 7 (19.44%) Dimensional Modelling
4 7 (19.44%) Performance Tuning
4 7 (19.44%) Data Modelling
5 6 (16.67%) Requirements Analysis
5 6 (16.67%) Test Scripting
6 5 (13.89%) User Acceptance Testing
6 5 (13.89%) Software Testing
7 3 (8.33%) SOA
7 3 (8.33%) Requirements Management
8 2 (5.56%) Stakeholder Management
8 2 (5.56%) Project Management
9 1 (2.78%) ITIL
9 1 (2.78%) PRINCE2
9 1 (2.78%) Programme Management
9 1 (2.78%) Service Management
9 1 (2.78%) Service Delivery
Programming Languages
1 10 (27.78%) SQL
2 7 (19.44%) SAS Macro
3 5 (13.89%) PL/SQL
Qualifications
1 5 (13.89%) ISEB
1 5 (13.89%) ISTQB
2 1 (2.78%) ITIL Certification
Quality Assurance & Compliance
1 1 (2.78%) QA
Vendors
1 12 (33.33%) Informatica
2 8 (22.22%) Oracle
3 7 (19.44%) Cognos
3 7 (19.44%) Ab Initio
4 6 (16.67%) Citrix
5 2 (5.56%) F5
5 2 (5.56%) Temenos
6 1 (2.78%) Teradata