The table below looks at the prevalence of the term Banking in IT contracts advertised for the Luton region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 1 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
1 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 23 26 18
Rank change year-on-year
+3 -8
Contract jobs citing Banking 1 3 2
As % of all contract IT jobs located in Luton 0.68% 1.62% 2.41%
As % of the General category 1.52% 4.29% 7.69%
Number of daily rates quoted 1 3 0
Average daily rate
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£300 £380 -
Average daily rate % change year-on-year
-21.05% -
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 £10.44 £20.75 £22.50
% change year-on-year
-49.68% -7.77%
Banking
Bedfordshire

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

General Category
Luton
Contract IT job ads with a match in the
General category
66 70 26
As % of all contract IT jobs located in Luton 44.90% 37.84% 31.33%
Number of daily rates quoted 57 45 13
Average daily rate £450 £425 £425
Average daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £206 £375 £325
10% offered a daily rate of more than £610 £540 £520
UK excluding London average daily rate £400 £380 £380
% change year-on-year
+5.26% -
Number of hourly rates quoted 1 1 0
Average hourly rate £51.30 £12.00 -
Average hourly rate % change year-on-year
+327.50% -
UK excluding London average hourly rate £22.50 £23.00 £25.00
% change year-on-year
-2.17% -8.00%

Banking
Jobs Demand Trend in Luton

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

Banking Jobs Demand Trend in Luton

Banking
Daily Rate Trend in Luton

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

Banking Daily Rate Trend in Luton

Banking
Top 13 Related IT Skills in Luton

For the 6 months to 1 July 2015, IT contractor jobs across the Luton 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 3 (75.00%) E-Commerce
1 3 (75.00%) Release Management
1 3 (75.00%) Legal
2 1 (25.00%) Regression Testing
2 1 (25.00%) Telecoms
2 1 (25.00%) Finance
2 1 (25.00%) Project Management
2 1 (25.00%) Programme Management
2 1 (25.00%) Agile Software Development
2 1 (25.00%) QA
2 1 (25.00%) Test Strategy
2 1 (25.00%) Non-Functional Testing
2 1 (25.00%) SDLC

Banking
Top Related IT Skills in Luton by Category

For the 6 months to 1 July 2015, IT contractor jobs across the Luton 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.

General
1 3 (75.00%) Legal
2 1 (25.00%) Telecoms
2 1 (25.00%) Finance
Job Titles
1 2 (50.00%) Senior Manager
1 2 (50.00%) Release Manager
2 1 (25.00%) Transition Manager
2 1 (25.00%) Release Analyst
2 1 (25.00%) Analyst
2 1 (25.00%) Test Manager
Processes & Methodologies
1 3 (75.00%) E-Commerce
1 3 (75.00%) Release Management
2 1 (25.00%) Test Strategy
2 1 (25.00%) Non-Functional Testing
2 1 (25.00%) SDLC
2 1 (25.00%) Project Management
2 1 (25.00%) Regression Testing
2 1 (25.00%) Programme Management
2 1 (25.00%) Agile Software Development
Quality Assurance & Compliance
1 1 (25.00%) QA