The table below looks at the prevalence of the term Banking in IT contracts advertised for the Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited Banking over the 3 months to 22 January 2017 with a comparison to the same period over 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.

3 months to
22 Jan 2017
Same period 2016 Same period 2015
Banking
England / Midlands
Rank 17 18 20
Rank change year-on-year
+1 +2
Contract jobs citing Banking 4 5 1
As % of all contract IT jobs located in the Midlands 3.45% 3.79% 0.73%
As % of the General category 10.26% 9.43% 2.63%
Number of daily rates quoted 4 5 0
Median daily rate £400 £450 -
Median daily rate % change year-on-year
-11.11% -
UK excluding London median daily rate £413 £420 £425
% change year-on-year
-1.78% -1.17%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £35.15 £15.78 £10.44
% change year-on-year
+122.78% +51.12%

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

General Category
Midlands
Contract IT job ads with a match in the
General category
39 53 38
As % of all contract IT jobs located in the Midlands 33.62% 40.15% 27.74%
Number of daily rates quoted 19 32 16
Median daily rate £450 £525 £450
Median daily rate % change year-on-year
-14.28% +16.66%
90% offered a daily rate of more than £350 £450 £377
10% offered a daily rate of more than £513 £750 £750
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 0 0 1
Median hourly rate - - £32.00
UK excluding London median hourly rate £27.00 £33.25 £26.00
% change year-on-year
-18.79% +27.88%

Banking
Jobs Demand Trend in the Midlands

The demand trend of contract jobs across the Midlands region citing Banking as a proportion of all IT contracts with a match in the General category.

Banking Jobs Demand Trend in the Midlands

Banking
Daily Rate Trend in the Midlands

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

Banking Daily Rate Trend in the Midlands

Banking
Daily Rate Histogram in the Midlands

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Midlands region over the 3 months to 22 January 2017.

Banking Daily Rate Histogram in the Midlands

Banking
Hourly Rate Trend in the Midlands

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

Banking Hourly Rate Trend in the Midlands

Banking
Top 20 Related IT Skills in the Midlands

For the 6 months to 22 January 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Midlands region with a requirement for Banking.

1 5 (83.33%) Finance
2 3 (50.00%) Retail
2 3 (50.00%) Retail Banking
3 2 (33.33%) Stakeholder Management
4 1 (16.67%) Change Management
4 1 (16.67%) GAP Analysis
4 1 (16.67%) MS Office
4 1 (16.67%) PRINCE2
4 1 (16.67%) MS Excel
4 1 (16.67%) SharePoint
4 1 (16.67%) Data Warehouse
4 1 (16.67%) Internet
4 1 (16.67%) Six Sigma
4 1 (16.67%) Project Management
4 1 (16.67%) Credit Risk
4 1 (16.67%) Time Management
4 1 (16.67%) Data Architecture
4 1 (16.67%) Cybersecurity
4 1 (16.67%) Analytical Skills
4 1 (16.67%) Resource Management

Banking
Top Related IT Skills in the Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (16.67%) SharePoint
Applications
1 1 (16.67%) MS Excel
1 1 (16.67%) MS Office
Communications & Networking
1 1 (16.67%) Internet
Database & Business Intelligence
1 1 (16.67%) Data Warehouse
General
1 5 (83.33%) Finance
2 3 (50.00%) Retail
2 3 (50.00%) Retail Banking
Job Titles
1 5 (83.33%) Analyst
1 5 (83.33%) Business Analyst
2 2 (33.33%) Finance Business Analyst
2 2 (33.33%) Financial Analyst
2 2 (33.33%) Financial Business Analyst
2 2 (33.33%) Financial Services Business Analyst
2 2 (33.33%) Service Analyst
3 1 (16.67%) Banking Analyst
3 1 (16.67%) Banking Business Analyst
3 1 (16.67%) Credit Analyst
3 1 (16.67%) Credit Risk Analyst
3 1 (16.67%) Digital Analyst
3 1 (16.67%) Digital Business Analyst
3 1 (16.67%) Mortgage Business Analyst
3 1 (16.67%) Process Analyst
3 1 (16.67%) Resource Consultant
3 1 (16.67%) Resource Management Consultant
3 1 (16.67%) Retail Banking Business Analyst
3 1 (16.67%) Risk Business Analyst
3 1 (16.67%) Transformation Analyst
Miscellaneous
1 1 (16.67%) Analytical Skills
1 1 (16.67%) Credit Risk
Processes & Methodologies
1 2 (33.33%) Stakeholder Management
2 1 (16.67%) Change Management
2 1 (16.67%) Cybersecurity
2 1 (16.67%) Data Architecture
2 1 (16.67%) GAP Analysis
2 1 (16.67%) PRINCE2
2 1 (16.67%) Project Management
2 1 (16.67%) Resource Management
2 1 (16.67%) Six Sigma
2 1 (16.67%) Time Management