The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Paddington region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 12 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
12 Feb 2016
Same period 2015 Same period 2014
Financial Institution
Rank - 5 5
Contract jobs citing Financial Institution 0 1 1
As % of all contract IT jobs located in Paddington - 5.88% 7.69%
As % of the General category - 20.00% 11.11%
Number of daily rates quoted 0 1 0
Average daily rate - £625 -
UK excluding London average daily rate £385 £389 £375
% change year-on-year
-1.09% +3.80%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £15.75 £9.82
% change year-on-year
- +60.46%
Financial Institution
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
5 5 9
As % of all contract IT jobs located in Paddington 29.41% 29.41% 69.23%
Number of daily rates quoted 4 2 5
Average daily rate £120 £625 £450
Average daily rate % change year-on-year
-80.80% +38.88%
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 0 1 0
Average hourly rate - £36.00 -
UK excluding London average hourly rate £33.66 £25.50 £23.00
% change year-on-year
+31.98% +10.86%

Financial Institution
Jobs Demand Trend in Paddington

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

Financial Institution Jobs Demand Trend in Paddington

Financial Institution
Daily Rate Trend in Paddington

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

Financial Institution Daily Rate Trend in Paddington

Financial Institution
Top 8 Related IT Skills in Paddington

For the 6 months to 12 February 2016, IT contractor jobs across the Paddington region citing Financial Institution 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 Financial Institution.

1 1 (100.00%) MS Office
1 1 (100.00%) XML
1 1 (100.00%) MS Visio
1 1 (100.00%) Microsoft
1 1 (100.00%) Service Management
1 1 (100.00%) Management Information System
1 1 (100.00%) Finance
1 1 (100.00%) Line Management

Financial Institution
Top Related IT Skills in Paddington by Category

For the 6 months to 12 February 2016, IT contractor jobs across the Paddington region citing Financial Institution 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 Financial Institution. Up to 20 skills are shown per category.

Applications
1 1 (100.00%) MS Office
1 1 (100.00%) MS Visio
General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Author
1 1 (100.00%) Technical Author
Libraries, Frameworks & Software Standards
1 1 (100.00%) XML
Miscellaneous
1 1 (100.00%) Management Information System
Processes & Methodologies
1 1 (100.00%) Line Management
1 1 (100.00%) Service Management
Vendors
1 1 (100.00%) Microsoft