The first table below looks at the prevalence of the term Banking in IT contracts advertised for the Midlands region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 21 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Midlands region.

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
21 May 2013
Same period 2012 Same period 2011
Banking
Rank 21 25 31
Rank change year-on-year
+4 +6
Contract jobs citing Banking 5 6 1
As % of all contract IT jobs located in the Midlands 2.924% 2.206% 0.294%
As % of the General category 10.87% 7.692% 0.901%
Number of daily rates quoted 4 3 1
Average daily rate £450 £400 £500
Average daily rate % change year-on-year
+12.50% -20.00%
UK excluding London average daily rate £390 £390 £385
% change year-on-year
- +1.29%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £18.00 £22.00 £16.63
% change year-on-year
-18.18% +32.33%
All of the General Category
Midlands
Contract IT job ads with a match in the
General category
46 78 111
As % of all contract IT jobs located in the Midlands 26.90% 28.68% 32.65%
Number of daily rates quoted 25 32 19
Average daily rate £450 £400 £485
Average daily rate % change year-on-year
+12.50% -17.52%
90% offered a daily rate of more than £360 £250 £300
10% offered a daily rate of more than £565 £650 £700
UK excluding London average daily rate £375 £375 £375
Number of hourly rates quoted 2 10 23
Average hourly rate £32.00 £36.50 £23.00
Average hourly rate % change year-on-year
-12.32% +58.69%
UK excluding London average hourly rate £25.00 £25.00 £26.50
% change year-on-year
- -5.66%
Banking
England

Banking
Jobs Demand Trend

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

Midlands Banking Jobs Demand Trend

Banking
Daily Rate Trend

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

Midlands Banking Daily Rate Trend

Banking
Hourly Rate Trend

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

Midlands Banking Hourly Rate Trend

Banking
Top 17 Related IT Skills

For the 6 months to 21 May 2013, IT contractor jobs across the Midlands 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 4 (40.00%) Front Office
1 4 (40.00%) Retail
1 4 (40.00%) Investment Banking
1 4 (40.00%) Retail Banking
2 3 (30.00%) Wealth Management
3 2 (20.00%) RPG
3 2 (20.00%) AS400
4 1 (10.00%) SAP CO
4 1 (10.00%) Change Management
4 1 (10.00%) Risk Management
4 1 (10.00%) Finance
4 1 (10.00%) SAP FI/CO
4 1 (10.00%) SAP
4 1 (10.00%) PRINCE2
4 1 (10.00%) MUMPS
4 1 (10.00%) PRINCE
4 1 (10.00%) SAP FI

Banking
Top Related IT Skills by Category

For the 6 months to 21 May 2013, IT contractor jobs across the Midlands 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 (10.00%) SAP CO
1 1 (10.00%) SAP FI/CO
1 1 (10.00%) SAP FI
General
1 4 (40.00%) Front Office
1 4 (40.00%) Retail
1 4 (40.00%) Investment Banking
1 4 (40.00%) Retail Banking
2 1 (10.00%) Finance
Job Titles
1 4 (40.00%) Business Analyst
1 4 (40.00%) Analyst
1 4 (40.00%) Consultant
2 3 (30.00%) Business Support Analyst
2 3 (30.00%) Support Analyst
2 3 (30.00%) Support Consultant
2 3 (30.00%) Business Consultant
2 3 (30.00%) Developer
3 2 (20.00%) AS400 Developer
4 1 (10.00%) Business Manager
4 1 (10.00%) Senior Change Manager
4 1 (10.00%) Change Manager
4 1 (10.00%) SAP FI/CO Consultant
4 1 (10.00%) SAP Consultant
4 1 (10.00%) Senior Manager
Miscellaneous
1 2 (20.00%) AS400
Processes & Methodologies
1 3 (30.00%) Wealth Management
2 1 (10.00%) Change Management
2 1 (10.00%) Risk Management
2 1 (10.00%) PRINCE2
2 1 (10.00%) PRINCE
Programming Languages
1 2 (20.00%) RPG
2 1 (10.00%) MUMPS
Vendors
1 1 (10.00%) SAP