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 average contractor rates offered in IT contracts that have cited Banking over the 3 months to 18 September 2014 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
18 Sep 2014
Same period 2013 Same period 2012
Banking
Rank 26 23 30
Rank change year-on-year
-3 +7
Contract jobs citing Banking 2 1 8
As % of all contract IT jobs located in the Midlands 1.04% 0.56% 2.76%
As % of the General category 3.08% 1.89% 7.21%
Number of daily rates quoted 2 1 3
Average daily rate
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£450 £875 £150
Average daily rate % change year-on-year
-48.57% +483.33%
UK excluding London average daily rate £413 £400 £380
% change year-on-year
+3.25% +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.00 £17.50 £19.00
% change year-on-year
-2.85% -7.89%
Banking
England

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
65 53 111
As % of all contract IT jobs located in the Midlands 33.85% 29.78% 38.28%
Number of daily rates quoted 20 32 35
Average daily rate £400 £375 £375
Average daily rate % change year-on-year
+6.66% -
90% offered a daily rate of more than £295 £325 £150
10% offered a daily rate of more than £730 £875 £530
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 3 1 6
Average hourly rate £37.00 £6.50 £27.85
Average hourly rate % change year-on-year
+469.23% -76.65%
UK excluding London average hourly rate £22.50 £20.75 £28.50
% change year-on-year
+8.43% -27.19%

Banking
Jobs Demand Trend in the Midlands

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.

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 18 September 2014.

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 7 Related IT Skills in the Midlands

For the 6 months to 18 September 2014, 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 2 (100.00%) Finance
2 1 (50.00%) TOGAF
2 1 (50.00%) Corporate Banking
2 1 (50.00%) IBM Blueworks
2 1 (50.00%) Mentoring
2 1 (50.00%) MS Visio
2 1 (50.00%) SOA

Banking
Top Related IT Skills in the Midlands by Category

For the 6 months to 18 September 2014, 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.

Applications
1 1 (50.00%) MS Visio
Cloud Services
1 1 (50.00%) IBM Blueworks
General
1 2 (100.00%) Finance
2 1 (50.00%) Corporate Banking
Job Titles
1 1 (50.00%) Architect
1 1 (50.00%) Solutions Architect
Processes & Methodologies
1 1 (50.00%) SOA
1 1 (50.00%) TOGAF
1 1 (50.00%) Mentoring