The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the South East region. Included is a guide to the average contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
Retail Banking
Rank 251 231 215
Rank change year-on-year
-20 -16
Contract jobs citing Retail Banking 19 20 22
As % of all contract IT jobs located in the South East 0.19% 0.22% 0.25%
As % of the General category 0.53% 0.64% 0.67%
Number of daily rates quoted 9 17 14
Average daily rate
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£400 £396 £404
Average daily rate % change year-on-year
+1.01% -2.04%
90% offered a daily rate of more than £268 £260 £350
10% offered a daily rate of more than £455 £480 £489
UK excluding London average daily rate £400 £442 £400
% change year-on-year
-9.50% +10.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £10.00
Retail Banking
England

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

General Category
South East
Contract IT job ads with a match in the
General category
3557 3102 3268
As % of all contract IT jobs located in the South East 35.89% 33.92% 37.38%
Number of daily rates quoted 2051 1703 1650
Average daily rate £400 £375 £388
Average daily rate % change year-on-year
+6.66% -3.22%
90% offered a daily rate of more than £250 £225 £233
10% offered a daily rate of more than £525 £524 £525
UK excluding London average daily rate £400 £388 £385
% change year-on-year
+3.22% +0.64%
Number of hourly rates quoted 119 88 112
Average hourly rate £20.00 £19.00 £31.00
Average hourly rate % change year-on-year
+5.26% -38.70%
90% offered a hourly rate of more than £11.50 £12.35 £15.50
10% offered a hourly rate of more than £50.00 £42.50 £44.97
UK excluding London average hourly rate £25.83 £22.50 £22.47
% change year-on-year
+14.80% +0.15%

Retail Banking
Jobs Demand Trend in the South East

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

Retail Banking Jobs Demand Trend in the South East

Retail Banking
Daily Rate Trend in the South East

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

Retail Banking Daily Rate Trend in the South East

Retail Banking
Daily Rate Histogram in the South East

This chart provides a histogram of daily rates quoted in contract IT jobs citing Retail Banking across the South East region over the 3 months to 28 August 2015.

Retail Banking Daily Rate Histogram in the South East

Retail Banking
Hourly Rate Trend in the South East

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

Retail Banking Hourly Rate Trend in the South East

Retail Banking
Contract Job Locations in the South East

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Retail Banking within the South East region over the 3 months to 28 August 2015. 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
Berkshire - 7 £431 - 2
Surrey 0 6 £313 -26.47%
East Sussex -5 3 £270 -15.62%
Buckinghamshire -17 2 - -
Oxfordshire -24 1 £475 +2.98%
Retail Banking
England

Retail Banking
Top 30 Related IT Skills in the South East

For the 6 months to 28 August 2015, IT contractor jobs across the South East region citing Retail 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 Retail Banking.

1 27 (100.00%) Banking
1 27 (100.00%) Retail
2 22 (81.48%) Finance
3 7 (25.93%) Project Management
4 4 (14.81%) Change Management
4 4 (14.81%) Agile Software Development
4 4 (14.81%) Private Banking
4 4 (14.81%) Performance Testing
4 4 (14.81%) Security Testing
4 4 (14.81%) OWASP
5 3 (11.11%) Management Information System
5 3 (11.11%) Test Management
5 3 (11.11%) Matrix Management
5 3 (11.11%) Resource Management
5 3 (11.11%) QA
5 3 (11.11%) Stakeholder Management
5 3 (11.11%) BPR
5 3 (11.11%) HP
6 2 (7.41%) ISEB
6 2 (7.41%) ETL
6 2 (7.41%) SQL
6 2 (7.41%) VBA
6 2 (7.41%) IVR
6 2 (7.41%) TDD
6 2 (7.41%) Investment Banking
6 2 (7.41%) HP Quality Center
6 2 (7.41%) Target Operating Model
6 2 (7.41%) Operational Acceptance Testing
7 1 (3.70%) SDLC
7 1 (3.70%) Team Foundation Server

Retail Banking
Top Related IT Skills in the South East by Category

For the 6 months to 28 August 2015, IT contractor jobs across the South East region citing Retail 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 Retail Banking. Up to 20 skills are shown per category.

Applications
1 1 (3.70%) MS Visio
Development Applications
1 1 (3.70%) JIRA
1 1 (3.70%) Selenium
1 1 (3.70%) Team Foundation Server
1 1 (3.70%) WebDriver
1 1 (3.70%) SpecFlow
General
1 27 (100.00%) Banking
1 27 (100.00%) Retail
2 22 (81.48%) Finance
3 4 (14.81%) Private Banking
4 2 (7.41%) Investment Banking
5 1 (3.70%) Corporate Banking
Job Titles
1 12 (44.44%) Analyst
2 7 (25.93%) Business Analyst
3 5 (18.52%) Tester
3 5 (18.52%) Project Manager
3 5 (18.52%) Test Analyst
4 4 (14.81%) Consultant
4 4 (14.81%) Banking Business Analyst
5 3 (11.11%) IT Project Manager
5 3 (11.11%) QA Tester
5 3 (11.11%) Test Consultant
6 2 (7.41%) Software Tester
6 2 (7.41%) Developer
6 2 (7.41%) Finance Project Manager
6 2 (7.41%) Financial Business Analyst
6 2 (7.41%) QA Analyst
6 2 (7.41%) Financial Services Business Analyst
7 1 (3.70%) PMO Analyst
7 1 (3.70%) Web Tester
7 1 (3.70%) MI Developer
7 1 (3.70%) Automation Tester
Libraries, Frameworks & Software Standards
1 1 (3.70%) Web Services
1 1 (3.70%) Spring
1 1 (3.70%) RESTful
1 1 (3.70%) REST
Miscellaneous
1 3 (11.11%) Management Information System
2 2 (7.41%) IVR
3 1 (3.70%) Online Banking
3 1 (3.70%) Analytical Skills
Processes & Methodologies
1 7 (25.93%) Project Management
2 4 (14.81%) Change Management
2 4 (14.81%) Agile Software Development
2 4 (14.81%) Performance Testing
2 4 (14.81%) Security Testing
2 4 (14.81%) OWASP
3 3 (11.11%) Stakeholder Management
3 3 (11.11%) Test Management
3 3 (11.11%) Resource Management
3 3 (11.11%) Matrix Management
3 3 (11.11%) BPR
4 2 (7.41%) Target Operating Model
4 2 (7.41%) Operational Acceptance Testing
4 2 (7.41%) TDD
4 2 (7.41%) ETL
5 1 (3.70%) Business Intelligence
5 1 (3.70%) B2B
5 1 (3.70%) B2C
5 1 (3.70%) PRINCE2
5 1 (3.70%) UML
Programming Languages
1 2 (7.41%) SQL
1 2 (7.41%) VBA
2 1 (3.70%) C#
2 1 (3.70%) Java
Qualifications
1 2 (7.41%) ISEB
2 1 (3.70%) PRINCE2 Certification
2 1 (3.70%) ISTQB
Quality Assurance & Compliance
1 3 (11.11%) QA
Systems Management
1 2 (7.41%) HP Quality Center
Vendors
1 3 (11.11%) HP