The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Reading region. Included is a guide to the contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 28 August 2016 with a comparison to the same period over 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.

3 months to
28 Aug 2016
Same period 2015 Same period 2014
Financial Institution
Rank - 75 71
Contract jobs citing Financial Institution 0 3 2
As % of all contract IT jobs located in Reading - 0.30% 0.23%
As % of the General category - 0.88% 0.71%
Number of daily rates quoted 0 3 2
Median daily rate - £558 £475
Median daily rate % change year-on-year
- +17.36%
UK excluding London median daily rate £434 £400 £350
% change year-on-year
+8.43% +14.28%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £8.91 £21.53 £9.57
% change year-on-year
-58.62% +124.86%
Financial Institution
Berkshire

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

General Category
Reading
Contract IT job ads with a match in the
General category
266 339 282
As % of all contract IT jobs located in Reading 36.04% 34.45% 31.86%
Number of daily rates quoted 123 180 110
Median daily rate £400 £413 £400
Median daily rate % change year-on-year
-3.03% +3.12%
90% offered a daily rate of more than £195 £200 £275
10% offered a daily rate of more than £550 £558 £575
UK excluding London median daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 10 3 7
Median hourly rate £22.35 £14.00 £19.00
Median hourly rate % change year-on-year
+59.64% -26.31%
90% offered a hourly rate of more than £19.61 £14.00 £18.30
10% offered a hourly rate of more than £33.80 £42.80 £33.70
UK excluding London median hourly rate £20.00 £25.00 £22.50
% change year-on-year
-20.00% +11.11%

Financial Institution
Jobs Demand Trend in Reading

The demand trend of contract jobs across the Reading region citing Financial Institution as a proportion of all IT contracts with a match in the General category.

Financial Institution Jobs Demand Trend in Reading

Financial Institution
Daily Rate Trend in Reading

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

Financial Institution Daily Rate Trend in Reading

Financial Institution
Hourly Rate Trend in Reading

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Financial Institution across the Reading region.

Financial Institution Hourly Rate Trend in Reading