The first 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 24 July 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 Hertfordshire 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
24 Jul 2014
Same period 2013 Same period 2012
Banking
Rank 41 51 53
Rank change year-on-year
+10 +2
Contract jobs citing Banking 21 8 22
As % of all contract IT jobs located in Hertfordshire 3.13% 1.31% 2.29%
As % of the General category 6.86% 3.00% 5.29%
Number of daily rates quoted 9 6 18
Average daily rate
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£300 £360 £413
Average daily rate % change year-on-year
-16.66% -12.72%
90% offered a daily rate of more than £223 £250 £228
10% offered a daily rate of more than £433 £420 £450
UK excluding London average daily rate £400 £400 £390
% change year-on-year
- +2.56%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.50 £22.50 £22.00
% change year-on-year
-22.22% +2.27%
General Category
Hertfordshire
Contract IT job ads with a match in the
General category
306 267 416
As % of all contract IT jobs located in Hertfordshire 45.60% 43.63% 43.38%
Number of daily rates quoted 147 133 185
Average daily rate £375 £400 £375
Average daily rate % change year-on-year
-6.25% +6.66%
90% offered a daily rate of more than £190 £250 £200
10% offered a daily rate of more than £474 £550 £450
UK excluding London average daily rate £383 £388 £375
% change year-on-year
-1.16% +3.33%
Number of hourly rates quoted 20 16 23
Average hourly rate £16.75 £16.50 £32.50
Average hourly rate % change year-on-year
+1.51% -49.23%
90% offered a hourly rate of more than £10.50 £11.48 £20.30
10% offered a hourly rate of more than £30.00 £37.50 £36.00
UK excluding London average hourly rate £22.50 £22.50 £27.50
% change year-on-year
- -18.18%
Banking
East of England

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 24 July 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 24 July 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
Rickmansworth -7 6 £245 - 1
Watford -1 2 £413 - 5
Hemel Hempstead - 1 - - 1
Letchworth - - - -
St Albans - - - - 2
Welwyn Garden City - - - -
Berkhamsted - - - -
Banking
East of England

Banking
Top 30 Related IT Skills in Hertfordshire

For the 6 months to 24 July 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 11 (39.29%) Finance
2 9 (32.14%) SQL
3 7 (25.00%) Waterfall
4 6 (21.43%) Test Scripting
4 6 (21.43%) Citrix
4 6 (21.43%) Agile Software Development
4 6 (21.43%) Requirements Analysis
5 5 (17.86%) Informatica
5 5 (17.86%) DataStage
5 5 (17.86%) PL/SQL
5 5 (17.86%) ISEB
5 5 (17.86%) ETL
5 5 (17.86%) Oracle
5 5 (17.86%) Oracle ODI
6 4 (14.29%) XML
6 4 (14.29%) Mainframe
6 4 (14.29%) User Acceptance Testing
6 4 (14.29%) Software Testing
6 4 (14.29%) ISTQB
7 3 (10.71%) Requirements Management
7 3 (10.71%) MS Office
7 3 (10.71%) Web Services
7 3 (10.71%) MS Visio
7 3 (10.71%) SOA
8 2 (7.14%) Temenos
8 2 (7.14%) Project Management
8 2 (7.14%) Temenos T24
8 2 (7.14%) Stakeholder Management
8 2 (7.14%) Retail
8 2 (7.14%) Business Analysis

Banking
Top Related IT Skills in Hertfordshire by Category

For the 6 months to 24 July 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.

Applications
1 3 (10.71%) MS Office
1 3 (10.71%) MS Visio
2 1 (3.57%) MS PowerPoint
2 1 (3.57%) MS Project
Business Applications
1 2 (7.14%) Temenos T24
Database & Business Intelligence
1 5 (17.86%) DataStage
1 5 (17.86%) Oracle ODI
General
1 11 (39.29%) Finance
2 2 (7.14%) Retail
3 1 (3.57%) Retail Banking
3 1 (3.57%) International Banking
3 1 (3.57%) Financial Institution
3 1 (3.57%) Telecoms
Job Titles
1 10 (35.71%) Analyst
2 6 (21.43%) Tester
3 5 (17.86%) Software Tester
3 5 (17.86%) Senior Tester
3 5 (17.86%) Developer
3 5 (17.86%) Business Analyst
3 5 (17.86%) Senior Software Tester
4 4 (14.29%) Test Analyst
5 3 (10.71%) Banking Business Analyst
6 2 (7.14%) Project Manager
6 2 (7.14%) Oracle Developer
6 2 (7.14%) Payments Business Analyst
7 1 (3.57%) CRM Analyst
7 1 (3.57%) CRM Business Analyst
7 1 (3.57%) Financial Business Analyst
7 1 (3.57%) Service Manager
7 1 (3.57%) Systems Manager
7 1 (3.57%) Implementation Manager
7 1 (3.57%) Support Manager
7 1 (3.57%) Delivery Manager
Libraries, Frameworks & Software Standards
1 4 (14.29%) XML
2 3 (10.71%) Web Services
3 1 (3.57%) XML Messaging
3 1 (3.57%) FIX Protocol
Miscellaneous
1 4 (14.29%) Mainframe
Processes & Methodologies
1 7 (25.00%) Waterfall
2 6 (21.43%) Test Scripting
2 6 (21.43%) Agile Software Development
2 6 (21.43%) Requirements Analysis
3 5 (17.86%) ETL
4 4 (14.29%) User Acceptance Testing
4 4 (14.29%) Software Testing
5 3 (10.71%) Requirements Management
5 3 (10.71%) SOA
6 2 (7.14%) Project Management
6 2 (7.14%) Stakeholder Management
6 2 (7.14%) Business Analysis
7 1 (3.57%) Business Transformation
7 1 (3.57%) Infrastructure Management
7 1 (3.57%) Time Management
7 1 (3.57%) Strategic Planning
7 1 (3.57%) TDD
7 1 (3.57%) Programme Management
7 1 (3.57%) Project Planning
7 1 (3.57%) Business Development
Programming Languages
1 9 (32.14%) SQL
2 5 (17.86%) PL/SQL
Qualifications
1 5 (17.86%) ISEB
2 4 (14.29%) ISTQB
3 1 (3.57%) ITIL Certification
Quality Assurance & Compliance
1 1 (3.57%) QA
Vendors
1 6 (21.43%) Citrix
2 5 (17.86%) Informatica
2 5 (17.86%) Oracle
3 2 (7.14%) Temenos
Rickmansworth, Hertfordshire
FPSG Connect
Posted: 13 hours ago
Watford
Creation Recruitment
Rate: £375 - £425 per day
Posted: 4 days ago