The table below looks at the prevalence of the term Banking in IT contracts advertised for the Hove region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 30 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
30 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 3 3 8
Rank change year-on-year
0 +5
Contract jobs citing Banking 2 5 3
As % of all contract IT jobs located in Hove 20.00% 23.81% 6.52%
As % of the General category 50.00% 62.50% 30.00%
Number of daily rates quoted 2 5 3
Average daily rate
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£463 £383 £380
Average daily rate % change year-on-year
+20.88% +0.78%
90% offered a daily rate of more than £423 £216 £376
10% offered a daily rate of more than £503 £398 £393
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 £11.60 £14.00 £22.50
% change year-on-year
-17.17% -37.77%
Banking
East Sussex

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Hove region.

General Category
Hove
Contract IT job ads with a match in the
General category
4 8 10
As % of all contract IT jobs located in Hove 40.00% 38.10% 21.74%
Number of daily rates quoted 3 7 5
Average daily rate £413 £380 £380
Average daily rate % change year-on-year
+8.68% -
90% offered a daily rate of more than £286 £215 £375
10% offered a daily rate of more than £513 £400 £396
UK excluding London average daily rate £400 £385 £388
% change year-on-year
+3.89% -0.64%
Number of hourly rates quoted 0 1 1
Average hourly rate - £15.00 £12.93
Average hourly rate % change year-on-year
- +16.00%
UK excluding London average hourly rate £22.67 £22.00 £22.50
% change year-on-year
+3.02% -2.22%

Banking
Jobs Demand Trend in Hove

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

Banking Jobs Demand Trend in Hove

Banking
Daily Rate Trend in Hove

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

Banking Daily Rate Trend in Hove

Banking
Top 27 Related IT Skills in Hove

For the 6 months to 30 July 2015, IT contractor jobs across the Hove 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 6 (75.00%) Finance
2 5 (62.50%) Retail
3 4 (50.00%) Stakeholder Management
4 3 (37.50%) MS Project
5 2 (25.00%) Continuous Improvement
5 2 (25.00%) Retail Banking
5 2 (25.00%) SQL
6 1 (12.50%) VBA
6 1 (12.50%) Change Management
6 1 (12.50%) MS Office
6 1 (12.50%) RAD
6 1 (12.50%) MS Excel
6 1 (12.50%) SharePoint
6 1 (12.50%) ETL
6 1 (12.50%) SAS
6 1 (12.50%) Benchmarking
6 1 (12.50%) Project Management
6 1 (12.50%) Resource Management
6 1 (12.50%) QA
6 1 (12.50%) Data Management
6 1 (12.50%) Investment Banking
6 1 (12.50%) Test Strategy
6 1 (12.50%) Analytical Skills
6 1 (12.50%) Release Management
6 1 (12.50%) User Acceptance Testing
6 1 (12.50%) Test Scripting
6 1 (12.50%) Stakeholder Engagement

Banking
Top Related IT Skills in Hove by Category

For the 6 months to 30 July 2015, IT contractor jobs across the Hove 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 1 (12.50%) SharePoint
1 1 (12.50%) SAS
Applications
1 3 (37.50%) MS Project
2 1 (12.50%) MS Office
2 1 (12.50%) MS Excel
General
1 6 (75.00%) Finance
2 5 (62.50%) Retail
3 2 (25.00%) Retail Banking
4 1 (12.50%) Investment Banking
Job Titles
1 4 (50.00%) Analyst
2 3 (37.50%) PMO Analyst
3 2 (25.00%) PMO Manager
4 1 (12.50%) MI Developer
4 1 (12.50%) Business Analyst
4 1 (12.50%) Developer
4 1 (12.50%) Test Manager
4 1 (12.50%) Senior Business Analyst
4 1 (12.50%) Senior Analyst
4 1 (12.50%) Business Manager
4 1 (12.50%) Banking Business Analyst
4 1 (12.50%) Lead Business Analyst
Miscellaneous
1 1 (12.50%) Analytical Skills
Processes & Methodologies
1 4 (50.00%) Stakeholder Management
2 2 (25.00%) Continuous Improvement
3 1 (12.50%) Test Strategy
3 1 (12.50%) Data Management
3 1 (12.50%) Resource Management
3 1 (12.50%) Release Management
3 1 (12.50%) User Acceptance Testing
3 1 (12.50%) Test Scripting
3 1 (12.50%) Stakeholder Engagement
3 1 (12.50%) RAD
3 1 (12.50%) ETL
3 1 (12.50%) Benchmarking
3 1 (12.50%) Project Management
3 1 (12.50%) Change Management
Programming Languages
1 2 (25.00%) SQL
2 1 (12.50%) VBA
Quality Assurance & Compliance
1 1 (12.50%) QA