The table below looks at the prevalence of the term Banking in IT contracts advertised for the Newbury region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 11 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
11 Feb 2016
Same period 2015 Same period 2014
Banking
Rank - 29 24
Contract jobs citing Banking 0 1 4
As % of all contract IT jobs located in Newbury - 0.47% 2.35%
As % of the General category - 0.72% 3.42%
Number of daily rates quoted 0 1 3
Average daily rate - £275 £413
Average daily rate % change year-on-year
- -33.33%
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £13.75 £10.44 £10.97
% change year-on-year
+31.70% -4.83%
Banking
Berkshire

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

General Category
Newbury
Contract IT job ads with a match in the
General category
83 138 117
As % of all contract IT jobs located in Newbury 56.85% 64.79% 68.82%
Number of daily rates quoted 24 60 71
Average daily rate £350 £300 £395
Average daily rate % change year-on-year
+16.50% -24.05%
90% offered a daily rate of more than £118 £250 £300
10% offered a daily rate of more than £425 £465 £490
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 1 1 0
Average hourly rate £19.00 £32.50 -
Average hourly rate % change year-on-year
-41.53% -
UK excluding London average hourly rate £33.66 £25.50 £23.00
% change year-on-year
+31.98% +10.86%

Banking
Jobs Demand Trend in Newbury

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

Banking Jobs Demand Trend in Newbury

Banking
Daily Rate Trend in Newbury

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

Banking Daily Rate Trend in Newbury