The first table below looks at the prevalence of the term Banking in IT contracts advertised for the Somerset region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Somerset region.

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
18 Apr 2014
Same period 2013 Same period 2012
Banking
Rank 50 44 33
Rank change year-on-year
-6 -11
Contract jobs citing Banking 4 1 3
As % of all contract IT jobs located in Somerset 0.94% 0.49% 1.90%
As % of the General category 4.21% 2.44% 6.52%
Number of daily rates quoted 0 0 1
Average daily rate - - £520
UK excluding London average daily rate £400 £375 £384
% change year-on-year
+6.59% -2.27%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £25.00
UK excluding London average hourly rate £11.72 £18.50 £25.00
% change year-on-year
-36.64% -26.00%
General Category
Somerset
Contract IT job ads with a match in the
General category
95 41 46
As % of all contract IT jobs located in Somerset 22.35% 20.00% 29.11%
Number of daily rates quoted 70 15 27
Average daily rate £336 £350 £360
Average daily rate % change year-on-year
-3.92% -2.77%
90% offered a daily rate of more than £255 £301 £234
10% offered a daily rate of more than £531 £460 £450
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 1 2 4
Average hourly rate £40.00 £13.88 £25.00
Average hourly rate % change year-on-year
+188.28% -44.50%
UK excluding London average hourly rate £25.00 £27.00 £25.00
% change year-on-year
-7.40% +8.00%
Banking
South West

Banking
Jobs Demand Trend in Somerset

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

Banking Jobs Demand Trend in Somerset

Banking
Daily Rate Trend in Somerset

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

Banking Daily Rate Trend in Somerset

Banking
Hourly Rate Trend in Somerset

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

Banking Hourly Rate Trend in Somerset

Banking
Contract Job Locations in Somerset

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the Somerset region over the 3 months to 18 April 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Find
Job
Vacancies
Bath - 4 - - 3
Street - - - - 1
Taunton - - - - 1
Banking
South West

Banking
Top 30 Related IT Skills in Somerset

For the 6 months to 18 April 2014, IT contractor jobs across the Somerset 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 6 (85.71%) Finance
2 5 (71.43%) ISEB
2 5 (71.43%) Change Management
3 4 (57.14%) Legal
3 4 (57.14%) Degree
3 4 (57.14%) SWOT Analysis
3 4 (57.14%) Use Case
4 2 (28.57%) Retail
5 1 (14.29%) GoldenSource
5 1 (14.29%) Software Testing
5 1 (14.29%) SQL Server 2005
5 1 (14.29%) IPTV
5 1 (14.29%) ISTQB
5 1 (14.29%) Retail Banking
5 1 (14.29%) Marketing
5 1 (14.29%) Telecoms
5 1 (14.29%) Workflow
5 1 (14.29%) NHS
5 1 (14.29%) Shell Script
5 1 (14.29%) SQLPlus
5 1 (14.29%) C++
5 1 (14.29%) Java
5 1 (14.29%) PL/SQL
5 1 (14.29%) SQL
5 1 (14.29%) Oracle
5 1 (14.29%) SQL Server
5 1 (14.29%) MS Project
5 1 (14.29%) XML
5 1 (14.29%) XSLT
5 1 (14.29%) UNIX

Banking
Top Related IT Skills in Somerset by Category

For the 6 months to 18 April 2014, IT contractor jobs across the Somerset 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.

Application Platforms
1 1 (14.29%) Tomcat
1 1 (14.29%) Oracle Workflow
Applications
1 1 (14.29%) MS Project
Database & Business Intelligence
1 1 (14.29%) SQL Server 2005
1 1 (14.29%) SQLPlus
1 1 (14.29%) SQL Server
1 1 (14.29%) SQL Server 2008
Development Applications
1 1 (14.29%) Toad
General
1 6 (85.71%) Finance
2 4 (57.14%) Legal
3 2 (28.57%) Retail
4 1 (14.29%) Retail Banking
4 1 (14.29%) Marketing
4 1 (14.29%) Telecoms
4 1 (14.29%) Publishing
Job Titles
1 5 (71.43%) Analyst
2 4 (57.14%) Business Analyst
3 1 (14.29%) Programme Analyst
3 1 (14.29%) PMO Analyst
3 1 (14.29%) Tester
3 1 (14.29%) Developer
3 1 (14.29%) Manual Tester
3 1 (14.29%) Programme Office Analyst
Libraries, Frameworks & Software Standards
1 1 (14.29%) XML
1 1 (14.29%) XSLT
Miscellaneous
1 1 (14.29%) IPTV
1 1 (14.29%) NHS
1 1 (14.29%) FMCG
1 1 (14.29%) Digital Media
Operating Systems
1 1 (14.29%) UNIX
1 1 (14.29%) Solaris
Processes & Methodologies
1 5 (71.43%) Change Management
2 4 (57.14%) SWOT Analysis
2 4 (57.14%) Use Case
3 1 (14.29%) Software Testing
3 1 (14.29%) Workflow
3 1 (14.29%) ETL
3 1 (14.29%) Business Intelligence
3 1 (14.29%) MSF
3 1 (14.29%) Waterfall
3 1 (14.29%) Change Control
Programming Languages
1 1 (14.29%) Shell Script
1 1 (14.29%) C++
1 1 (14.29%) Java
1 1 (14.29%) PL/SQL
1 1 (14.29%) SQL
Qualifications
1 5 (71.43%) ISEB
2 4 (57.14%) Degree
3 1 (14.29%) ISTQB
Vendors
1 1 (14.29%) GoldenSource
1 1 (14.29%) Oracle
1 1 (14.29%) Microsoft