The table below looks at the prevalence of the term Banking in IT contracts advertised for the Staffordshire region. Included is a guide to the contractor rates offered in IT contracts that have cited Banking over the 3 months to 5 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
5 May 2016
Same period 2015 Same period 2014
Banking
Rank - 37 22
Contract jobs citing Banking 0 1 2
As % of all contract IT jobs located in Staffordshire - 0.44% 1.49%
As % of the General category - 1.67% 5.41%
Number of daily rates quoted 0 1 0
Median daily rate - £535 -
UK excluding London median daily rate £410 £420 £400
% change year-on-year
-2.38% +5.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £9.82 £10.44 £13.50
% change year-on-year
-5.98% -22.66%
Banking
West Midlands

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

General Category
Staffordshire
Contract IT job ads with a match in the
General category
25 60 37
As % of all contract IT jobs located in Staffordshire 17.01% 26.67% 27.61%
Number of daily rates quoted 11 35 23
Median daily rate £353 £431 £325
Median daily rate % change year-on-year
-18.26% +32.69%
90% offered a daily rate of more than £230 £295 £300
10% offered a daily rate of more than £500 £500 £415
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 2 8 5
Median hourly rate £13.35 £26.50 £17.03
Median hourly rate % change year-on-year
-49.61% +55.65%
90% offered a hourly rate of more than £11.87 £16.00 £12.63
10% offered a hourly rate of more than £14.83 £41.05 £32.00
UK excluding London median hourly rate £27.19 £25.00 £25.04
% change year-on-year
+8.76% -0.15%

Banking
Jobs Demand Trend in Staffordshire

The demand trend of contract jobs across the Staffordshire region citing Banking as a proportion of all IT contracts with a match in the General category.

Banking Jobs Demand Trend in Staffordshire

Banking
Daily Rate Trend in Staffordshire

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

Banking Daily Rate Trend in Staffordshire

Banking
Hourly Rate Trend in Staffordshire

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Staffordshire region.

Banking Hourly Rate Trend in Staffordshire