The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Nottinghamshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 26 November 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
26 Nov 2014
Same period 2013 Same period 2012
Financial Institution
Rank - 50 45
Contract jobs citing Financial Institution 0 3 1
As % of all contract IT jobs located in Nottinghamshire - 0.66% 0.25%
As % of the General category - 3.23% 0.90%
Number of daily rates quoted 0 2 0
Average daily rate
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- £330 -
UK excluding London average daily rate £394 £350 £375
% change year-on-year
+12.50% -6.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £9.10 £9.88 -
% change year-on-year
-7.84% -
Financial Institution
East Midlands

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

General Category
Nottinghamshire
Contract IT job ads with a match in the
General category
118 93 111
As % of all contract IT jobs located in Nottinghamshire 25.65% 20.39% 27.21%
Number of daily rates quoted 56 40 43
Average daily rate £375 £345 £338
Average daily rate % change year-on-year
+8.69% +2.22%
90% offered a daily rate of more than £300 £213 £283
10% offered a daily rate of more than £533 £425 £425
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 3 7 6
Average hourly rate £75.00 £13.50 £16.96
Average hourly rate % change year-on-year
+455.55% -20.40%
90% offered a hourly rate of more than £49.00 £11.10 £14.20
10% offered a hourly rate of more than £143.00 £76.33 £40.40
UK excluding London average hourly rate £25.00 £21.50 £25.00
% change year-on-year
+16.27% -14.00%

Financial Institution
Jobs Demand Trend in Nottinghamshire

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

Financial Institution Jobs Demand Trend in Nottinghamshire

Financial Institution
Daily Rate Trend in Nottinghamshire

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

Financial Institution Daily Rate Trend in Nottinghamshire