The table below looks at the prevalence of the term Retail 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 Retail Banking over the 3 months to 28 April 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 Apr 2015
Same period 2014 Same period 2013
Retail Banking
Rank - - 59
Contract jobs citing Retail Banking 0 0 5
As % of all contract IT jobs located in Hertfordshire - - 0.79%
As % of the General category - - 1.63%
Number of daily rates quoted 0 0 2
Average daily rate
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- - £228
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Retail 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
215 326 306
As % of all contract IT jobs located in Hertfordshire 33.39% 43.47% 48.34%
Number of daily rates quoted 98 156 141
Average daily rate £380 £400 £425
Average daily rate % change year-on-year
-5.00% -5.88%
90% offered a daily rate of more than £220 £240 £233
10% offered a daily rate of more than £625 £500 £550
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 7 14 13
Average hourly rate £34.00 £21.00 £17.50
Average hourly rate % change year-on-year
+61.90% +20.00%
90% offered a hourly rate of more than £13.50 £21.00 £13.50
10% offered a hourly rate of more than £36.50 £37.00 £37.50
UK excluding London average hourly rate £25.00 £25.00 £27.00
% change year-on-year
- -7.40%

Retail Banking
Jobs Demand Trend in Hertfordshire

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

Retail Banking Jobs Demand Trend in Hertfordshire

Retail Banking
Daily Rate Trend in Hertfordshire

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

Retail Banking Daily Rate Trend in Hertfordshire