The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Nottingham region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 2 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
2 Sep 2014
Same period 2013 Same period 2012
Financial Institution
Rank - 46 37
Contract jobs citing Financial Institution 0 6 1
As % of all contract IT jobs located in Nottingham - 1.20% 0.34%
As % of the General category - 3.77% 1.41%
Number of daily rates quoted 0 5 0
Average daily rate
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- £300 -
UK excluding London average daily rate £350 £375 £375
% change year-on-year
-6.66% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £9.94 £10.44 £10.89
% change year-on-year
-4.76% -4.11%
Financial Institution
Nottinghamshire

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

General Category
Nottingham
Contract IT job ads with a match in the
General category
84 159 71
As % of all contract IT jobs located in Nottingham 24.93% 31.86% 24.48%
Number of daily rates quoted 36 76 18
Average daily rate £388 £360 £388
Average daily rate % change year-on-year
+7.63% -7.09%
90% offered a daily rate of more than £338 £240 £250
10% offered a daily rate of more than £520 £425 £600
UK excluding London average daily rate £390 £381 £375
% change year-on-year
+2.36% +1.60%
Number of hourly rates quoted 3 5 0
Average hourly rate £13.50 £18.25 -
Average hourly rate % change year-on-year
-26.02% -
UK excluding London average hourly rate £23.88 £22.50 £30.00
% change year-on-year
+6.11% -25.00%

Financial Institution
Jobs Demand Trend in Nottingham

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

Financial Institution Jobs Demand Trend in Nottingham

Financial Institution
Daily Rate Trend in Nottingham

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

Financial Institution Daily Rate Trend in Nottingham