The table below looks at the prevalence of the term Banking in IT contracts advertised for the Paddington region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 28 April 2015 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
28 Apr 2015
Same period 2014 Same period 2013
Banking
Rank - 3 6
Contract jobs citing Banking 0 1 2
As % of all contract IT jobs located in Paddington - 20.00% 10.00%
As % of the General category - 25.00% 12.50%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £423 £400 £375
% change year-on-year
+5.62% +6.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £13.50 £17.00
% change year-on-year
-22.66% -20.58%
Banking
London

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

General Category
Paddington
Contract IT job ads with a match in the
General category
15 4 16
As % of all contract IT jobs located in Paddington 60.00% 80.00% 80.00%
Number of daily rates quoted 8 2 11
Average daily rate £500 £450 £480
Average daily rate % change year-on-year
+11.11% -6.25%
90% offered a daily rate of more than £370 £450 £263
10% offered a daily rate of more than £570 £550 £638
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £25.00 £25.00 £27.00
% change year-on-year
- -7.40%

Banking
Jobs Demand Trend in Paddington

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

Banking Jobs Demand Trend in Paddington

Banking
Daily Rate Trend in Paddington

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

Banking Daily Rate Trend in Paddington

Banking
Top 3 Related IT Skills in Paddington

For the 6 months to 28 April 2015, IT contractor jobs across the Paddington 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 1 (100.00%) Economics
1 1 (100.00%) Marketing
1 1 (100.00%) Product Management

Banking
Top Related IT Skills in Paddington by Category

For the 6 months to 28 April 2015, IT contractor jobs across the Paddington 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.

General
1 1 (100.00%) Marketing
Job Titles
1 1 (100.00%) Senior Manager
1 1 (100.00%) Product Manager
1 1 (100.00%) Senior Product Manager
Miscellaneous
1 1 (100.00%) Economics
Processes & Methodologies
1 1 (100.00%) Product Management