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 30 April 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Banking
Rank 34 50 49
Rank change year-on-year
+16 -1
Contract jobs citing Banking 3 1 4
As % of all contract IT jobs located in Somerset 1.20% 0.29% 0.96%
As % of the General category 5.26% 1.37% 4.35%
Number of daily rates quoted 2 0 0
Average daily rate £363 - -
UK excluding London average daily rate £413 £423 £400
% change year-on-year
-2.48% +5.75%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £9.82 £10.44 £13.50
% change year-on-year
-5.98% -22.66%
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
57 73 92
As % of all contract IT jobs located in Somerset 22.80% 20.86% 22.17%
Number of daily rates quoted 35 41 69
Average daily rate £350 £425 £325
Average daily rate % change year-on-year
-17.64% +30.76%
90% offered a daily rate of more than £275 £306 £275
10% offered a daily rate of more than £425 £675 £529
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 14 7 1
Average hourly rate £35.00 £37.00 £40.00
Average hourly rate % change year-on-year
-5.40% -7.50%
UK excluding London average hourly rate £28.00 £24.00 £25.50
% change year-on-year
+16.66% -5.88%

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 30 April 2016. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
Street +1 1 - -
Bath - 1 £325 -
Banking
South West

Banking
Top 30 Related IT Skills in Somerset

For the 6 months to 30 April 2016, 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 (75.00%) E-Commerce
2 5 (62.50%) Agile Software Development
3 4 (50.00%) Retail
3 4 (50.00%) Waterfall
3 4 (50.00%) User Stories
3 4 (50.00%) Mobile App
4 3 (37.50%) Finance
5 2 (25.00%) SQL
5 2 (25.00%) iPad
5 2 (25.00%) Node.js
6 1 (12.50%) Splunk
6 1 (12.50%) AngularJS
6 1 (12.50%) Jenkins
6 1 (12.50%) Twitter Bootstrap
6 1 (12.50%) Service Design
6 1 (12.50%) Elasticsearch
6 1 (12.50%) Grunt
6 1 (12.50%) Ansible
6 1 (12.50%) DevOps
6 1 (12.50%) React
6 1 (12.50%) Patch Management
6 1 (12.50%) SDLC
6 1 (12.50%) ELK Stack
6 1 (12.50%) Sonatype Nexus
6 1 (12.50%) Web Operations
6 1 (12.50%) T-SQL
6 1 (12.50%) Linux
6 1 (12.50%) Python
6 1 (12.50%) Data Warehouse
6 1 (12.50%) Business Intelligence

Banking
Top Related IT Skills in Somerset by Category

For the 6 months to 30 April 2016, 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 2 (25.00%) Node.js
2 1 (12.50%) Elasticsearch
Database & Business Intelligence
1 1 (12.50%) Apache Cassandra
1 1 (12.50%) Data Warehouse
1 1 (12.50%) NoSQL
1 1 (12.50%) SQL Server Integration Services
1 1 (12.50%) SQL Server Reporting Services
Development Applications
1 1 (12.50%) Gerrit
1 1 (12.50%) Git (software)
1 1 (12.50%) Grunt
1 1 (12.50%) Jenkins
1 1 (12.50%) Sonatype Nexus
General
1 4 (50.00%) Retail
2 3 (37.50%) Finance
3 1 (12.50%) Investment Banking
3 1 (12.50%) Telecoms
Job Titles
1 4 (50.00%) Agile Business Analyst
1 4 (50.00%) Analyst
1 4 (50.00%) Business Analyst
1 4 (50.00%) Retail Business Analyst
2 2 (25.00%) Developer
3 1 (12.50%) Angular Developer
3 1 (12.50%) Business Developer
3 1 (12.50%) Business Intelligence Developer
3 1 (12.50%) Desktop Engineer
3 1 (12.50%) Desktop Support
3 1 (12.50%) Desktop Support Engineer
3 1 (12.50%) Full Stack Developer
3 1 (12.50%) IT Engineer
3 1 (12.50%) IT Support
3 1 (12.50%) IT Support Engineer
3 1 (12.50%) Java Developer
3 1 (12.50%) Java Scala Developer
3 1 (12.50%) Support Engineer
3 1 (12.50%) UI Engineer
3 1 (12.50%) Web Engineer
Libraries, Frameworks & Software Standards
1 1 (12.50%) AngularJS
1 1 (12.50%) ELK Stack
1 1 (12.50%) Java EE
1 1 (12.50%) React
1 1 (12.50%) Spring
1 1 (12.50%) Twitter Bootstrap
Miscellaneous
1 4 (50.00%) Mobile App
2 2 (25.00%) iPad
Operating Systems
1 1 (12.50%) Linux
Processes & Methodologies
1 6 (75.00%) E-Commerce
2 5 (62.50%) Agile Software Development
3 4 (50.00%) User Stories
3 4 (50.00%) Waterfall
4 1 (12.50%) Business Intelligence
4 1 (12.50%) Data Management
4 1 (12.50%) DevOps
4 1 (12.50%) Open Source
4 1 (12.50%) Patch Management
4 1 (12.50%) SDLC
4 1 (12.50%) Service Design
4 1 (12.50%) Web Operations
Programming Languages
1 2 (25.00%) SQL
2 1 (12.50%) Bash Shell
2 1 (12.50%) Java
2 1 (12.50%) JavaScript
2 1 (12.50%) Perl
2 1 (12.50%) Python
2 1 (12.50%) T-SQL
Systems Management
1 1 (12.50%) Ansible
1 1 (12.50%) Puppet
Vendors
1 1 (12.50%) Splunk