The 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 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Banking
Rank 42 51 -
Rank change year-on-year
+9 -
Contract jobs citing Banking 3 1 0
As % of all contract IT jobs located in Somerset 1.07% 0.29% -
As % of the General category 4.41% 1.19% -
Number of daily rates quoted 3 1 0
Average daily rate
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£400 £450 -
Average daily rate % change year-on-year
-11.11% -
UK excluding London average daily rate £405 £400 £396
% change year-on-year
+1.25% +1.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £12.75 £17.25 £19.00
% change year-on-year
-26.08% -9.21%
Banking
South West

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

General Category
Somerset
Contract IT job ads with a match in the
General category
68 84 50
As % of all contract IT jobs located in Somerset 24.20% 24.14% 21.93%
Number of daily rates quoted 39 61 29
Average daily rate £375 £348 £333
Average daily rate % change year-on-year
+7.91% +4.51%
90% offered a daily rate of more than £310 £290 £193
10% offered a daily rate of more than £463 £475 £500
UK excluding London average daily rate £400 £390 £385
% change year-on-year
+2.56% +1.29%
Number of hourly rates quoted 10 6 1
Average hourly rate £55.00 £35.00 £19.50
Average hourly rate % change year-on-year
+57.14% +79.48%
UK excluding London average hourly rate £27.50 £24.00 £22.22
% change year-on-year
+14.58% +8.03%

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
Top 29 Related IT Skills in Somerset

For the 6 months to 4 September 2015, 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 4 (80.00%) E-Commerce
1 4 (80.00%) Agile Software Development
1 4 (80.00%) Retail
1 4 (80.00%) Waterfall
2 3 (60.00%) User Stories
2 3 (60.00%) Mobile App
3 1 (20.00%) Finance
3 1 (20.00%) Validation
3 1 (20.00%) Teradata
3 1 (20.00%) Programme Management
3 1 (20.00%) OLAP
3 1 (20.00%) SAP
3 1 (20.00%) Data Warehouse
3 1 (20.00%) Data Modelling
3 1 (20.00%) ETL
3 1 (20.00%) SAS
3 1 (20.00%) Business Intelligence
3 1 (20.00%) BusinessObjects
3 1 (20.00%) Informatica
3 1 (20.00%) ERwin
3 1 (20.00%) Logical Data Model
3 1 (20.00%) Data Governance
3 1 (20.00%) Data Stewardship
3 1 (20.00%) Analytics
3 1 (20.00%) Information Management
3 1 (20.00%) Data Analysis
3 1 (20.00%) Matrix Management
3 1 (20.00%) Release Management
3 1 (20.00%) Data Architecture

Banking
Top Related IT Skills in Somerset by Category

For the 6 months to 4 September 2015, 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 (20.00%) SAS
Database & Business Intelligence
1 1 (20.00%) OLAP
1 1 (20.00%) Data Warehouse
1 1 (20.00%) BusinessObjects
Development Applications
1 1 (20.00%) ERwin
General
1 4 (80.00%) Retail
2 1 (20.00%) Finance
Job Titles
1 3 (60.00%) Business Analyst
1 3 (60.00%) Analyst
1 3 (60.00%) Agile Business Analyst
2 1 (20.00%) Teradata Developer
2 1 (20.00%) Programme Manager
2 1 (20.00%) Developer
Miscellaneous
1 3 (60.00%) Mobile App
Processes & Methodologies
1 4 (80.00%) E-Commerce
1 4 (80.00%) Agile Software Development
1 4 (80.00%) Waterfall
2 3 (60.00%) User Stories
3 1 (20.00%) Logical Data Model
3 1 (20.00%) Data Governance
3 1 (20.00%) Data Stewardship
3 1 (20.00%) Analytics
3 1 (20.00%) Information Management
3 1 (20.00%) Data Analysis
3 1 (20.00%) Matrix Management
3 1 (20.00%) Release Management
3 1 (20.00%) Data Architecture
3 1 (20.00%) Data Modelling
3 1 (20.00%) ETL
3 1 (20.00%) Business Intelligence
3 1 (20.00%) Validation
3 1 (20.00%) Programme Management
Vendors
1 1 (20.00%) SAP
1 1 (20.00%) Informatica
1 1 (20.00%) Teradata