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 contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 27 February 2017 with a comparison to the same period over 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
27 Feb 2017
Same period 2016 Same period 2015
Retail Banking
Wales / South Wales
Rank - 71 53
Contract jobs citing Retail Banking 0 1 1
As % of all contract IT jobs located in South Wales - 0.17% 0.21%
As % of the General category - 0.76% 0.71%
Number of daily rates quoted 0 1 0
Median daily rate - £405 -
UK excluding London median daily rate £415 £448 £435
% change year-on-year
-7.26% +2.87%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
128 132 140
As % of all contract IT jobs located in South Wales 23.19% 22.84% 28.99%
Number of daily rates quoted 93 102 96
Median daily rate £375 £375 £400
Median daily rate % change year-on-year
- -6.25%
90% offered a daily rate of more than £178 £233 £196
10% offered a daily rate of more than £500 £450 £483
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 5 5 3
Median hourly rate £20.00 £54.05 £13.00
Median hourly rate % change year-on-year
-62.99% +315.76%
90% offered a hourly rate of more than £19.10 £48.60 £11.00
10% offered a hourly rate of more than £27.50 £69.00 £27.25
UK excluding London median hourly rate £27.00 £32.50 £24.00
% change year-on-year
-16.92% +35.41%

Retail Banking
Jobs Demand Trend in South Wales

The demand trend of contract jobs across the South Wales region citing Retail Banking as a proportion of all IT contracts with a match in 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