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 average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 24 December 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
24 Dec 2014
Same period 2013 Same period 2012
Financial Institution
Rank - - 11
Contract jobs citing Financial Institution 0 0 1
As % of all contract IT jobs located in St Albans - - 2.44%
As % of the General category - - 6.25%
Number of daily rates quoted 0 0 1
Average daily rate
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- - £313
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £9.13 £9.88 £27.50
% change year-on-year
-7.51% -64.09%
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
18 16 16
As % of all contract IT jobs located in St Albans 54.55% 50.00% 39.02%
Number of daily rates quoted 7 6 15
Average daily rate £313 £364 £395
Average daily rate % change year-on-year
-14.08% -7.91%
90% offered a daily rate of more than £225 £328 £260
10% offered a daily rate of more than £375 £405 £800
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 0 3 0
Average hourly rate - £32.50 -
UK excluding London average hourly rate £22.50 £25.00 £22.50
% change year-on-year
-10.00% +11.11%

Financial Institution
Jobs Demand Trend in St Albans

This chart provides a 3-month moving total of IT contractor jobs citing Financial Institution across the St Albans region as a proportion of the total demand within 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