The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the St Albans region. Included is a guide to the contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 25 May 2016 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
25 May 2016
Same period 2015 Same period 2014
Financial Institution
Rank - - 7
Contract jobs citing Financial Institution 0 0 1
As % of all contract IT jobs located in St Albans - - 4.17%
As % of the General category - - 25.00%
Number of daily rates quoted 0 0 1
Median daily rate - - £160
UK excluding London median daily rate £475 £423 £350
% change year-on-year
+12.42% +20.71%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £10.44 £10.45 £23.00
% change year-on-year
-0.11% -54.55%
Financial Institution
Hertfordshire

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

General Category
St Albans
Contract IT job ads with a match in the
General category
11 4 4
As % of all contract IT jobs located in St Albans 33.33% 18.18% 16.67%
Number of daily rates quoted 3 0 4
Median daily rate £350 - £268
90% offered a daily rate of more than £330 - £160
10% offered a daily rate of more than £410 - £425
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £25.00 £25.00 £25.00

Financial Institution
Jobs Demand Trend in St Albans

The demand trend of contract jobs across the St Albans region citing Financial Institution as a proportion of all IT contracts with a match in the General category.

Financial Institution Jobs Demand Trend in St Albans

Financial Institution
Daily Rate Trend in St Albans

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Financial Institution across the St Albans region.

Financial Institution Daily Rate Trend in St Albans