The table below looks at the prevalence of the term International Banking in IT contracts advertised for the South West region. Included is a guide to the average contractor rates offered in IT contracts that have cited International Banking over the 3 months to 29 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
29 Apr 2016
Same period 2015 Same period 2014
International Banking
Rank - - -
Contract jobs citing International Banking 0 0 0
As % of all contract IT jobs located in the South West - - -
As % of the General category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £314 £400 £70
% change year-on-year
-21.56% +471.42%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £9.82 £10.44 -
% change year-on-year
-5.98% -
International 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 West region.

General Category
South West
Contract IT job ads with a match in the
General category
864 978 1060
As % of all contract IT jobs located in the South West 29.49% 31.61% 33.15%
Number of daily rates quoted 605 641 660
Average daily rate £375 £400 £400
Average daily rate % change year-on-year
-6.25% -
90% offered a daily rate of more than £270 £280 £275
10% offered a daily rate of more than £534 £550 £538
UK excluding London average daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 63 46 52
Average hourly rate £40.00 £36.75 £35.00
Average hourly rate % change year-on-year
+8.84% +5.00%
90% offered a hourly rate of more than £27.50 £10.00 £17.60
10% offered a hourly rate of more than £53.30 £42.50 £43.50
UK excluding London average hourly rate £28.00 £25.00 £25.00
% change year-on-year
+12.00% -

International Banking
Jobs Demand Trend in the South West

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

International Banking Jobs Demand Trend in the South West

International Banking
Daily Rate Trend in the South West

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

International Banking Daily Rate Trend in the South West