Banking Contracts in the UK excluding London

Banking
UK > UK excluding London

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the UK excluding London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 9 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 81 81 93
Rank change year-on-year 0 +12 -26
Contract jobs citing Banking 509 681 861
As % of all contract jobs advertised in the UK excluding London 2.48% 2.90% 2.83%
As % of the General category 4.57% 5.14% 5.09%
Number of daily rates quoted 323 397 579
10th Percentile £325 £400 £336
25th Percentile £410 £457 £416
Median daily rate (50th Percentile) £513 £550 £500
Median % change year-on-year -6.82% +10.00% +17.37%
75th Percentile £629 £650 £575
90th Percentile £748 £738 £669
UK median daily rate £613 £650 £625
% change year-on-year -5.65% +4.00% +13.64%
Number of hourly rates quoted 17 3 10
10th Percentile £11.65 £24.16 £10.51
25th Percentile £12.30 £38.42 £12.50
Median hourly rate £15.00 £64.38 £15.32
Median % change year-on-year -76.70% +320.20% +9.19%
75th Percentile £30.00 £67.66 £31.32
90th Percentile £85.00 £68.31 £43.95
UK median hourly rate £19.05 £21.00 £27.50
% change year-on-year -9.29% -23.64% +76.79%

All General Skills
UK excluding London

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the UK excluding London with a requirement for common skills.

Contract vacancies with a requirement for common skills 11,128 13,244 16,922
As % of all contract IT jobs advertised in the UK excluding London 54.33% 56.46% 55.69%
Number of daily rates quoted 6,349 9,050 11,652
10th Percentile £206 £230 £210
25th Percentile £363 £400 £369
Median daily rate (50th Percentile) £496 £500 £475
Median % change year-on-year -0.80% +5.26% +10.47%
75th Percentile £595 £600 £575
90th Percentile £688 £694 £650
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 1,652 767 1,021
10th Percentile £12.50 £13.30 £12.50
25th Percentile £15.00 £16.00 £13.89
Median hourly rate £28.42 £28.16 £18.70
Median % change year-on-year +0.92% +50.59% -4.10%
75th Percentile £53.75 £60.59 £35.00
90th Percentile £66.69 £68.75 £55.00
UK median hourly rate £30.00 £32.60 £22.00
% change year-on-year -7.96% +48.16% -2.22%

Banking
Job Vacancy Trend in the UK excluding London

Job postings citing Banking as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Banking in the UK excluding London

Banking
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Banking in the UK excluding London.

Daily rate trend for Banking in the UK excluding London

Banking
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Banking in the UK excluding London over the 6 months to 9 May 2024.

Daily rate histogram for Banking in the UK excluding London

Banking
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Banking in the UK excluding London.

Hourly rate trend for Banking in the UK excluding London

Banking
Hourly Rate Histogram in the UK excluding London

Hourly rate distribution of jobs citing Banking in the UK excluding London over the 6 months to 9 May 2024.

Hourly rate histogram for Banking in the UK excluding London

Banking
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the UK excluding London region over the 6 months to 9 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
North of England +2 178 £489 -11.09% 64
Scotland +1 137 £550 +4.76% 36
North West +19 99 £489 -6.86% 40
South East +33 88 £513 -14.58% 31
Yorkshire -7 76 £444 -19.32% 19
Midlands +8 51 £471 -16.22% 34
East Midlands +48 32 £445 +7.88% 11
South West +2 32 £625 +8.70% 22
East of England +25 23 £618 +30.00% 18
West Midlands -11 18 £525 -10.64% 23
Northern Ireland -8 8 £443 +4.12% 4
North East +8 3 £463 -35.76% 5
Isle of Man - 3 - -
South Coast - 3 £500 -
Banking
UK

Banking
Co-occurring Skills and Capabilities in the UK excluding London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 19 (3.73%) SharePoint
2 11 (2.16%) Confluence
3 8 (1.57%) Apache Spark
4 7 (1.38%) SAS
5 5 (0.98%) IBM HTTP Server
5 5 (0.98%) Oracle SOA Suite
5 5 (0.98%) WebSphere
5 5 (0.98%) WebSphere Application Server
5 5 (0.98%) WebSphere Portal
6 4 (0.79%) Oracle Workflow
7 3 (0.59%) Microsoft Exchange
8 2 (0.39%) Apache
8 2 (0.39%) Apache Airflow
9 1 (0.20%) Appian
9 1 (0.20%) Cloud Foundry
9 1 (0.20%) Exchange Server 2007
9 1 (0.20%) Exchange Server 2013
9 1 (0.20%) JBoss
9 1 (0.20%) Mule
Applications
1 36 (7.07%) Microsoft Excel
2 24 (4.72%) Microsoft Office
3 9 (1.77%) MS Visio
4 7 (1.38%) Spreadsheet
5 3 (0.59%) Microsoft PowerPoint
5 3 (0.59%) Microsoft Project
6 2 (0.39%) Adobe XD
6 2 (0.39%) InVision
6 2 (0.39%) Sketch
7 1 (0.20%) Trello
7 1 (0.20%) UserZoom
Business Applications
1 7 (1.38%) SAP S/4HANA
2 5 (0.98%) Temenos T24
3 3 (0.59%) Dynamics CRM
3 3 (0.59%) Oracle Assets
3 3 (0.59%) Oracle EBS
3 3 (0.59%) Oracle EBS R12
3 3 (0.59%) Oracle FAH
3 3 (0.59%) Oracle Financials
3 3 (0.59%) Oracle General Ledger
3 3 (0.59%) Oracle Payables
3 3 (0.59%) Oracle Receivables
4 2 (0.39%) Payment Gateway
5 1 (0.20%) Hyperion Planning
5 1 (0.20%) Loan IQ
5 1 (0.20%) Markit EDM
5 1 (0.20%) SAP PS
5 1 (0.20%) Unit4 Business World
Cloud Services
1 57 (11.20%) Azure
2 56 (11.00%) AWS
3 24 (4.72%) GCP
4 19 (3.73%) Entra ID
5 12 (2.36%) OpenShift
6 10 (1.96%) Power Platform
7 7 (1.38%) Cloud Computing
7 7 (1.38%) IaaS
7 7 (1.38%) SaaS
7 7 (1.38%) Serverless
8 6 (1.18%) Apigee
8 6 (1.18%) AWS Lambda
9 5 (0.98%) Kong
9 5 (0.98%) Snowflake
10 4 (0.79%) Amazon S3
10 4 (0.79%) Microsoft 365
11 3 (0.59%) Amazon EC2
11 3 (0.59%) Amazon EMR
11 3 (0.59%) AWS CloudFormation
11 3 (0.59%) PaaS
Communications & Networking
1 40 (7.86%) DMZ
2 20 (3.93%) Firewall
3 14 (2.75%) DNS
4 13 (2.55%) DHCP
5 11 (2.16%) Cisco Nexus
6 10 (1.96%) SAN
6 10 (1.96%) VPN
7 8 (1.57%) Remote Desktop
8 7 (1.38%) HTTP
8 7 (1.38%) Wi-Fi
9 5 (0.98%) ATM
9 5 (0.98%) NAS
10 4 (0.79%) Fibre Channel
10 4 (0.79%) Internet
10 4 (0.79%) iSCSI
10 4 (0.79%) SD-WAN
10 4 (0.79%) SSL
10 4 (0.79%) TCP/IP
10 4 (0.79%) Wireless
11 3 (0.59%) PuTTY
Database & Business Intelligence
1 13 (2.55%) SQL Server
2 10 (1.96%) DB2
3 9 (1.77%) MongoDB
4 8 (1.57%) Power BI
5 7 (1.38%) Big Data
5 7 (1.38%) Hadoop
5 7 (1.38%) NoSQL
5 7 (1.38%) Relational Database
6 6 (1.18%) OLAP
7 5 (0.98%) Impala
7 5 (0.98%) MySQL
7 5 (0.98%) OLTP
7 5 (0.98%) Oracle OLAP
7 5 (0.98%) PostgreSQL
8 4 (0.79%) Apache Hive
8 4 (0.79%) Data Warehouse
8 4 (0.79%) RDBMS
8 4 (0.79%) Tableau
9 3 (0.59%) Amazon Athena
9 3 (0.59%) Spark SQL
Development Applications
1 34 (6.68%) JIRA
2 17 (3.34%) Git
2 17 (3.34%) Jenkins
3 5 (0.98%) IBM UrbanCode
4 3 (0.59%) Android Studio
4 3 (0.59%) Toad
5 2 (0.39%) GitLab
5 2 (0.39%) Gradle
5 2 (0.39%) JMeter
5 2 (0.39%) JUnit
5 2 (0.39%) LoadRunner
5 2 (0.39%) Mockito
5 2 (0.39%) Selenium
5 2 (0.39%) TeamCity
6 1 (0.20%) Artifactory
6 1 (0.20%) Bitbucket
6 1 (0.20%) CA Release Automation
6 1 (0.20%) Liquibase
6 1 (0.20%) SonarQube
6 1 (0.20%) SQL Server Management Studio (SSMS)
General
1 303 (59.53%) Finance
2 129 (25.34%) Social Skills
3 58 (11.39%) Analytical Skills
4 41 (8.06%) Investment Banking
5 19 (3.73%) Retail Banking
6 16 (3.14%) Retail
7 15 (2.95%) Billing
8 13 (2.55%) Organisational Skills
9 11 (2.16%) Corporate Banking
10 7 (1.38%) Influencing Skills
10 7 (1.38%) Wholesale Banking
11 6 (1.18%) Pharmaceutical
11 6 (1.18%) Public Sector
12 5 (0.98%) Inclusion and Diversity
12 5 (0.98%) Legal
13 4 (0.79%) Documentation Skills
13 4 (0.79%) Marketing
13 4 (0.79%) Presentation Skills
14 3 (0.59%) Front Office
14 3 (0.59%) Telecoms
Job Titles
1 96 (18.86%) Analyst
2 70 (13.75%) Architect
3 53 (10.41%) Senior
4 47 (9.23%) Developer
5 45 (8.84%) Solutions Architect
6 40 (7.86%) Network Engineer
7 27 (5.30%) Business Analyst
7 27 (5.30%) Project Manager
8 25 (4.91%) Senior Network Engineer
9 24 (4.72%) Data Analyst
10 20 (3.93%) Java Developer
11 19 (3.73%) Lead
12 18 (3.54%) Banking Analyst
12 18 (3.54%) Cybersecurity Analyst
12 18 (3.54%) Security Analyst
13 17 (3.34%) Consultant
14 15 (2.95%) Technical Analyst
15 12 (2.36%) Infrastructure Engineer
16 11 (2.16%) Python Engineer
17 10 (1.96%) Blue Coat Engineer
Libraries, Frameworks & Software Standards
1 22 (4.32%) Kafka
2 18 (3.54%) SailPoint
2 18 (3.54%) Spring
3 15 (2.95%) Middleware
4 14 (2.75%) Spring Boot
5 12 (2.36%) RESTful
6 11 (2.16%) React
7 10 (1.96%) J2EE
7 10 (1.96%) REST
8 8 (1.57%) RabbitMQ
8 8 (1.57%) Web Services
9 6 (1.18%) .NET
9 6 (1.18%) SOAP
10 5 (0.98%) AngularJS
10 5 (0.98%) IBM Integration Bus
10 5 (0.98%) XML
11 4 (0.79%) Apache Camel
11 4 (0.79%) Node.js
11 4 (0.79%) React Native
11 4 (0.79%) Spring Integration
Miscellaneous
1 22 (4.32%) Public Cloud
2 16 (3.14%) Management Information System
3 14 (2.75%) Mainframe
3 14 (2.75%) Product Ownership
4 13 (2.55%) Data Centre
5 12 (2.36%) Onboarding
6 11 (2.16%) Legacy Systems
7 10 (1.96%) SWIFT Messaging Network
8 9 (1.77%) Data Structures
8 9 (1.77%) Mobile App
9 7 (1.38%) Analytical Mindset
9 7 (1.38%) Foreign Exchange (FX)
9 7 (1.38%) Security Posture
9 7 (1.38%) Virtual Team
10 6 (1.18%) Data Protection Act
10 6 (1.18%) Team-Oriented Environment
11 5 (0.98%) Cloud Native
11 5 (0.98%) DataPower
11 5 (0.98%) Online Banking
11 5 (0.98%) Self-Motivation
Operating Systems
1 33 (6.48%) Windows
2 32 (6.29%) Linux
3 24 (4.72%) Unix
4 14 (2.75%) Android
5 10 (1.96%) Windows 7
5 10 (1.96%) Windows Server
6 9 (1.77%) Apple iOS
6 9 (1.77%) Windows 10
7 8 (1.57%) zOS
8 7 (1.38%) MVS
8 7 (1.38%) Red Hat Enterprise Linux
9 3 (0.59%) Data ONTAP
10 2 (0.39%) Mac OS X
10 2 (0.39%) VMS
11 1 (0.20%) AIX
Processes & Methodologies
1 104 (20.43%) Agile
2 72 (14.15%) Migration
3 68 (13.36%) Stakeholder Management
4 67 (13.16%) Problem-Solving
5 61 (11.98%) Change Management
6 50 (9.82%) DevOps
7 46 (9.04%) Project Management
8 43 (8.45%) Microservices
9 32 (6.29%) Design Patterns
10 31 (6.09%) SDLC
11 29 (5.70%) Decision-Making
12 28 (5.50%) Enterprise Architecture
13 27 (5.30%) Roadmaps
14 26 (5.11%) B2B
14 26 (5.11%) Waterfall
15 25 (4.91%) CI/CD
15 25 (4.91%) Computer Science
15 25 (4.91%) Cybersecurity
15 25 (4.91%) Test Automation
16 24 (4.72%) High Availability
Programming Languages
1 59 (11.59%) Java
2 51 (10.02%) Python
3 47 (9.23%) SQL
4 19 (3.73%) Perl
5 9 (1.77%) JavaScript
6 8 (1.57%) Kotlin
7 6 (1.18%) Bash
7 6 (1.18%) C
7 6 (1.18%) C#
8 5 (0.98%) PowerShell
8 5 (0.98%) Scala
8 5 (0.98%) Search Processing Language
8 5 (0.98%) Shell Script
9 4 (0.79%) Kusto Query Language
9 4 (0.79%) PL/SQL
9 4 (0.79%) Ruby
10 3 (0.59%) Go
10 3 (0.59%) R
10 3 (0.59%) TypeScript
11 2 (0.39%) C++
Qualifications
1 44 (8.64%) Degree
2 30 (5.89%) Cisco Certification
3 19 (3.73%) Computer Science Degree
4 12 (2.36%) Security Cleared
5 7 (1.38%) Master's Degree
5 7 (1.38%) VMware Certified Professional (VCP)
6 5 (0.98%) A+ Certification
6 5 (0.98%) CCNA
6 5 (0.98%) Microsoft Certification
6 5 (0.98%) Network+ Certification
6 5 (0.98%) SC Cleared
7 3 (0.59%) AWS Certification
7 3 (0.59%) CCSA
7 3 (0.59%) CCSE
7 3 (0.59%) DV Cleared
7 3 (0.59%) ISEB
7 3 (0.59%) ISTQB
8 2 (0.39%) ISEB Practitioner
8 2 (0.39%) PMI Certification
8 2 (0.39%) PMP
Quality Assurance & Compliance
1 27 (5.30%) PMO
2 26 (5.11%) QA
3 14 (2.75%) SLA
4 6 (1.18%) NIST
5 4 (0.79%) Data Quality
6 3 (0.59%) Accessibility
6 3 (0.59%) GDPR
6 3 (0.59%) ISO/IEC 27001
6 3 (0.59%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
7 2 (0.39%) Disclosure Scotland
7 2 (0.39%) ISO 20022
7 2 (0.39%) PCI DSS
7 2 (0.39%) WCAG
8 1 (0.20%) COREP
8 1 (0.20%) FINREP
8 1 (0.20%) IFRS
8 1 (0.20%) IFRS 9
8 1 (0.20%) ISO 8583
8 1 (0.20%) PSD2
8 1 (0.20%) SEPA
System Software
1 29 (5.70%) Active Directory
2 17 (3.34%) Docker
3 15 (2.95%) VMware Infrastructure
4 8 (1.57%) Hyper-V
5 7 (1.38%) KVM
5 7 (1.38%) Virtual Machines
5 7 (1.38%) VMware ESXi
5 7 (1.38%) VMware Workstation
6 5 (0.98%) VMware NSX
6 5 (0.98%) vSphere
7 4 (0.79%) NFS
8 3 (0.59%) Firmware
8 3 (0.59%) GPFS
9 2 (0.39%) HDFS
9 2 (0.39%) Virtual Servers
10 1 (0.20%) Virtual Desktop
Systems Management
1 20 (3.93%) Kubernetes
2 10 (1.96%) Ansible
3 7 (1.38%) Grafana
3 7 (1.38%) Terraform
3 7 (1.38%) vCenter Server
4 6 (1.18%) NetBackup
4 6 (1.18%) Prometheus
5 5 (0.98%) Single Sign-On
6 4 (0.79%) Progress Chef
7 3 (0.59%) HP Quality Center
7 3 (0.59%) Thomson Reuters DACS
7 3 (0.59%) Veritas Storage Foundation
8 2 (0.39%) Puppet
8 2 (0.39%) SCCM
8 2 (0.39%) Zipkin
9 1 (0.20%) AirWatch
9 1 (0.20%) Hadoop YARN
9 1 (0.20%) Istio
9 1 (0.20%) PingFederate
9 1 (0.20%) PowerBroker
Vendors
1 74 (14.54%) Microsoft
2 45 (8.84%) Cisco
3 38 (7.47%) CheckPoint
4 25 (4.91%) Arista
5 21 (4.13%) Oracle
6 18 (3.54%) CyberArk
6 18 (3.54%) Google
6 18 (3.54%) IBM
7 16 (3.14%) VMware
8 14 (2.75%) Splunk
9 10 (1.96%) Blue Coat
9 10 (1.96%) Fortinet
9 10 (1.96%) Juniper
9 10 (1.96%) SAP
10 9 (1.77%) F5
11 7 (1.38%) MicroStrategy
11 7 (1.38%) Veritas
12 6 (1.18%) ServiceNow
13 5 (0.98%) Salesforce
13 5 (0.98%) TSYS