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 31 August 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
31 Aug 2015
Same period 2014 Same period 2013
Banking
Rank 4 4 9
Rank change year-on-year
0 +5
Contract jobs citing Banking 6 7 3
As % of all contract IT jobs located in Hove 26.09% 28.00% 6.25%
As % of the General category 60.00% 58.33% 25.00%
Number of daily rates quoted 6 7 3
Average daily rate
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£355 £383 £380
Average daily rate % change year-on-year
-7.31% +0.78%
90% offered a daily rate of more than £265 £217 £376
10% offered a daily rate of more than £463 £398 £393
UK excluding London average daily rate £405 £400 £396
% change year-on-year
+1.25% +1.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £12.75 £17.25 £21.25
% change year-on-year
-26.08% -18.82%
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
10 12 12
As % of all contract IT jobs located in Hove 43.48% 48.00% 25.00%
Number of daily rates quoted 9 12 7
Average daily rate £297 £362 £380
Average daily rate % change year-on-year
-17.95% -4.73%
90% offered a daily rate of more than £260 £217 £375
10% offered a daily rate of more than £413 £397 £423
UK excluding London average daily rate £400 £388 £385
% change year-on-year
+3.22% +0.64%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £12.93
UK excluding London average hourly rate £27.50 £22.50 £22.50
% change year-on-year
+22.22% -

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
Daily Rate Histogram in Hove

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Hove region over the 3 months to 31 August 2015.

Banking Daily Rate Histogram in Hove

Banking
Top 25 Related IT Skills in Hove

For the 6 months to 31 August 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 9 (90.00%) Finance
2 5 (50.00%) Stakeholder Management
2 5 (50.00%) Retail
3 3 (30.00%) MS Project
4 2 (20.00%) IVR
4 2 (20.00%) MS Excel
4 2 (20.00%) Retail Banking
4 2 (20.00%) User Acceptance Testing
4 2 (20.00%) Continuous Improvement
4 2 (20.00%) Analytical Skills
5 1 (10.00%) SQL
5 1 (10.00%) Test Strategy
5 1 (10.00%) Test Scripting
5 1 (10.00%) HP Quality Center
5 1 (10.00%) Stakeholder Engagement
5 1 (10.00%) Portfolio Management
5 1 (10.00%) Release Management
5 1 (10.00%) Data Management
5 1 (10.00%) MS PowerPoint
5 1 (10.00%) SharePoint
5 1 (10.00%) SAS
5 1 (10.00%) Microsoft
5 1 (10.00%) Benchmarking
5 1 (10.00%) Change Management
5 1 (10.00%) MS Office

Banking
Top Related IT Skills in Hove by Category

For the 6 months to 31 August 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 (10.00%) SharePoint
1 1 (10.00%) SAS
Applications
1 3 (30.00%) MS Project
2 2 (20.00%) MS Excel
3 1 (10.00%) MS PowerPoint
3 1 (10.00%) MS Office
General
1 9 (90.00%) Finance
2 5 (50.00%) Retail
3 2 (20.00%) Retail Banking
Job Titles
1 6 (60.00%) Analyst
2 3 (30.00%) PMO Analyst
2 3 (30.00%) PMO Manager
3 2 (20.00%) Business Analyst
3 2 (20.00%) Banking Business Analyst
3 2 (20.00%) Test Analyst
4 1 (10.00%) Senior Business Analyst
4 1 (10.00%) Senior Analyst
4 1 (10.00%) Business Manager
4 1 (10.00%) Business Test Analyst
4 1 (10.00%) Lead Business Analyst
4 1 (10.00%) Test Manager
Miscellaneous
1 2 (20.00%) IVR
1 2 (20.00%) Analytical Skills
Processes & Methodologies
1 5 (50.00%) Stakeholder Management
2 2 (20.00%) User Acceptance Testing
2 2 (20.00%) Continuous Improvement
3 1 (10.00%) Test Strategy
3 1 (10.00%) Test Scripting
3 1 (10.00%) Stakeholder Engagement
3 1 (10.00%) Portfolio Management
3 1 (10.00%) Data Management
3 1 (10.00%) Release Management
3 1 (10.00%) Benchmarking
3 1 (10.00%) Change Management
Programming Languages
1 1 (10.00%) SQL
Systems Management
1 1 (10.00%) HP Quality Center
Vendors
1 1 (10.00%) Microsoft