The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the South Wales region. Included is a guide to the average contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 1 October 2014 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
1 Oct 2014
Same period 2013 Same period 2012
Retail Banking
Rank 55 43 18
Rank change year-on-year
-12 -25
Contract jobs citing Retail Banking 5 9 27
As % of all contract IT jobs located in South Wales 0.86% 1.95% 6.82%
As % of the General category 3.21% 6.04% 16.88%
Number of daily rates quoted 5 8 26
Average daily rate
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£480 £396 £425
Average daily rate % change year-on-year
+21.21% -6.82%
90% offered a daily rate of more than £402 £310 £323
10% offered a daily rate of more than £505 £400 £473
UK excluding London average daily rate £450 £396 £383
% change year-on-year
+13.63% +3.46%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.00 £10.00 -
Retail Banking
Wales

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

General Category
South Wales
Contract IT job ads with a match in the
General category
156 149 160
As % of all contract IT jobs located in South Wales 26.94% 32.25% 40.40%
Number of daily rates quoted 121 110 119
Average daily rate £400 £375 £400
Average daily rate % change year-on-year
+6.66% -6.25%
90% offered a daily rate of more than £250 £238 £287
10% offered a daily rate of more than £505 £425 £475
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.13% +1.33%
Number of hourly rates quoted 2 4 6
Average hourly rate £77.50 £16.00 £16.00
Average hourly rate % change year-on-year
+384.37% -
90% offered a hourly rate of more than £23.50 £9.69 £11.27
10% offered a hourly rate of more than £131.50 £23.20 £65.00
UK excluding London average hourly rate £27.50 £20.00 £28.25
% change year-on-year
+37.50% -29.20%

Retail Banking
Jobs Demand Trend in South Wales

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

Retail Banking Jobs Demand Trend in South Wales

Retail Banking
Daily Rate Trend in South Wales

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

Retail Banking Daily Rate Trend in South Wales

Retail Banking
Contract Job Locations in South Wales

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 Wales region over the 3 months to 1 October 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
(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
Cardiff -11 5 £480 +21.21%
Retail Banking
Wales

Retail Banking
Top 18 Related IT Skills in South Wales

For the 6 months to 1 October 2014, IT contractor jobs across the South Wales 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 12 (100.00%) Banking
1 12 (100.00%) Retail
2 11 (91.67%) Finance
3 8 (66.67%) Stakeholder Management
4 6 (50.00%) Project Management
5 3 (25.00%) SQL
5 3 (25.00%) SAS
5 3 (25.00%) Risk Management
6 1 (8.33%) Credit Risk
6 1 (8.33%) Test Management
6 1 (8.33%) Test Scripting
6 1 (8.33%) Time Management
6 1 (8.33%) Stakeholder Engagement
6 1 (8.33%) Change Management
6 1 (8.33%) Internet
6 1 (8.33%) Mainframe
6 1 (8.33%) Automated Testing
6 1 (8.33%) Incident Management

Retail Banking
Top Related IT Skills in South Wales by Category

For the 6 months to 1 October 2014, IT contractor jobs across the South Wales 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.

Application Platforms
1 3 (25.00%) SAS
Communications & Networking
1 1 (8.33%) Internet
General
1 12 (100.00%) Banking
1 12 (100.00%) Retail
2 11 (91.67%) Finance
Job Titles
1 4 (33.33%) Project Manager
1 4 (33.33%) Business Analyst
1 4 (33.33%) Analyst
1 4 (33.33%) Lead Business Analyst
2 2 (16.67%) Architect
2 2 (16.67%) Test Manager
2 2 (16.67%) Business Architect
3 1 (8.33%) Junior
3 1 (8.33%) Junior Project Manager
Miscellaneous
1 1 (8.33%) Credit Risk
1 1 (8.33%) Mainframe
Processes & Methodologies
1 8 (66.67%) Stakeholder Management
2 6 (50.00%) Project Management
3 3 (25.00%) Risk Management
4 1 (8.33%) Test Management
4 1 (8.33%) Test Scripting
4 1 (8.33%) Time Management
4 1 (8.33%) Stakeholder Engagement
4 1 (8.33%) Change Management
4 1 (8.33%) Automated Testing
4 1 (8.33%) Incident Management
Programming Languages
1 3 (25.00%) SQL