The table below looks at the prevalence of the term Banking in IT contracts advertised for the Middlesex region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 13 February 2016 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
13 Feb 2016
Same period 2015 Same period 2014
Banking
Rank - 21 23
Contract jobs citing Banking 0 4 1
As % of all contract IT jobs located in Middlesex - 2.22% 0.48%
As % of the General category - 11.11% 1.56%
Number of daily rates quoted 0 2 0
Average daily rate - £450 -
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 0 1 0
Average hourly rate - £45.50 -
UK excluding London average hourly rate £13.75 £10.44 £9.94
% change year-on-year
+31.70% +5.03%
Banking
South East

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

General Category
Middlesex
Contract IT job ads with a match in the
General category
49 36 64
As % of all contract IT jobs located in Middlesex 33.11% 20.00% 30.48%
Number of daily rates quoted 24 21 30
Average daily rate £418 £438 £520
Average daily rate % change year-on-year
-4.57% -15.86%
90% offered a daily rate of more than £311 £313 £428
10% offered a daily rate of more than £550 £465 £588
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 10 1 13
Average hourly rate £44.00 £45.50 £42.50
Average hourly rate % change year-on-year
-3.29% +7.05%
UK excluding London average hourly rate £32.00 £26.00 £21.50
% change year-on-year
+23.07% +20.93%

Banking
Jobs Demand Trend in Middlesex

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

Banking Jobs Demand Trend in Middlesex

Banking
Daily Rate Trend in Middlesex

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

Banking Daily Rate Trend in Middlesex

Banking
Hourly Rate Trend in Middlesex

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Middlesex region.

Banking Hourly Rate Trend in Middlesex

Banking
Top 5 Related IT Skills in Middlesex

For the 6 months to 13 February 2016, IT contractor jobs across the Middlesex 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 1 (100.00%) SAP
1 1 (100.00%) SAP FI
1 1 (100.00%) Finance
1 1 (100.00%) SAP FI-AR
1 1 (100.00%) Procure-to-pay

Banking
Top Related IT Skills in Middlesex by Category

For the 6 months to 13 February 2016, IT contractor jobs across the Middlesex 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.

Business Applications
1 1 (100.00%) SAP FI
1 1 (100.00%) SAP FI-AR
General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Consultant
1 1 (100.00%) SAP Consultant
1 1 (100.00%) SAP FI Consultant
1 1 (100.00%) SAP P2P Consultant
Processes & Methodologies
1 1 (100.00%) Procure-to-pay
Vendors
1 1 (100.00%) SAP