The first table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the West Midlands region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the West Midlands region.

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
18 Apr 2014
Same period 2013 Same period 2012
Financial Institution
Rank 112 100 100
Rank change year-on-year
-12 0
Contract jobs citing Financial Institution 6 3 5
As % of all contract IT jobs located in the West Midlands 0.25% 0.16% 0.22%
As % of the General category 0.78% 0.55% 0.64%
Number of daily rates quoted 4 3 3
Average daily rate £400 £345 £370
Average daily rate % change year-on-year
+15.94% -6.75%
90% offered a daily rate of more than £325 £321 £274
10% offered a daily rate of more than £475 £373 £434
UK excluding London average daily rate £375 £380 £373
% change year-on-year
-1.31% +2.01%
Number of hourly rates quoted 1 0 0
Average hourly rate £34.00 - -
UK excluding London average hourly rate £12.00 £20.50 £18.64
% change year-on-year
-41.46% +10.00%
General Category
West Midlands
Contract IT job ads with a match in the
General category
772 541 785
As % of all contract IT jobs located in the West Midlands 32.46% 29.53% 34.81%
Number of daily rates quoted 337 236 342
Average daily rate £375 £375 £350
Average daily rate % change year-on-year
- +7.14%
90% offered a daily rate of more than £201 £184 £235
10% offered a daily rate of more than £499 £550 £475
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 62 71 51
Average hourly rate £25.50 £37.00 £24.00
Average hourly rate % change year-on-year
-31.08% +54.16%
90% offered a hourly rate of more than £10.60 £15.31 £11.00
10% offered a hourly rate of more than £37.80 £37.80 £37.50
UK excluding London average hourly rate £25.00 £27.00 £25.00
% change year-on-year
-7.40% +8.00%
Financial Institution
England

Financial Institution
Jobs Demand Trend in the West Midlands

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

Financial Institution Jobs Demand Trend in the West Midlands

Financial Institution
Daily Rate Trend in the West Midlands

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

Financial Institution Daily Rate Trend in the West Midlands

Financial Institution
Daily Rate Histogram in the West Midlands

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Institution across the West Midlands region over the 3 months to 18 April 2014.

Financial Institution Daily Rate Histogram in the West Midlands

Financial Institution
Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Financial Institution across the West Midlands region.

Financial Institution Hourly Rate Trend in the West Midlands

Financial Institution
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Financial Institution within the West Midlands region over the 3 months to 18 April 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Find
Job
Vacancies
Birmingham -8 3 £325 -1.51% 2
Coventry - 1 £475 -
Wolverhampton - 1 £475 -
Staffordshire - - - -
Solihull - - - -
Financial Institution
England

Financial Institution
Top 30 Related IT Skills in the West Midlands

For the 6 months to 18 April 2014, IT contractor jobs across the West Midlands region citing Financial Institution also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Financial Institution.

1 14 (100.00%) Finance
2 5 (35.71%) Banking
2 5 (35.71%) Retail
2 5 (35.71%) Retail Banking
2 5 (35.71%) UNIX
3 4 (28.57%) Data Transformation
4 3 (21.43%) ASP.NET
4 3 (21.43%) .NET
4 3 (21.43%) SQL Server
5 2 (14.29%) OLAP
5 2 (14.29%) HTML
5 2 (14.29%) Java
5 2 (14.29%) JavaScript
5 2 (14.29%) PHP
5 2 (14.29%) SQL
5 2 (14.29%) VB
5 2 (14.29%) Cognos
5 2 (14.29%) Cognos Powerplay
5 2 (14.29%) Data Warehouse
5 2 (14.29%) DTS
5 2 (14.29%) Data Modelling
5 2 (14.29%) SAS
5 2 (14.29%) CSS
5 2 (14.29%) ReportNet
5 2 (14.29%) SQL Server Integration Services
5 2 (14.29%) Data Analysis
5 2 (14.29%) Credit Risk
5 2 (14.29%) Degree
5 2 (14.29%) RESTful
5 2 (14.29%) Management Information System

Financial Institution
Top Related IT Skills in the West Midlands by Category

For the 6 months to 18 April 2014, IT contractor jobs across the West Midlands region citing Financial Institution also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Financial Institution. Up to 20 skills are shown per category.

Application Platforms
1 2 (14.29%) SAS
Applications
1 1 (7.14%) MS PowerPoint
1 1 (7.14%) MS Excel
1 1 (7.14%) MS Office
Communications & Networking
1 1 (7.14%) Multicast
1 1 (7.14%) Firewall
1 1 (7.14%) DMZ
Database & Business Intelligence
1 3 (21.43%) SQL Server
2 2 (14.29%) OLAP
2 2 (14.29%) Cognos Powerplay
2 2 (14.29%) Data Warehouse
2 2 (14.29%) DTS
2 2 (14.29%) ReportNet
2 2 (14.29%) SQL Server Integration Services
3 1 (7.14%) SQL Server 2008
General
1 14 (100.00%) Finance
2 5 (35.71%) Banking
2 5 (35.71%) Retail
2 5 (35.71%) Retail Banking
3 1 (7.14%) Automotive
3 1 (7.14%) Legal
Job Titles
1 5 (35.71%) Developer
2 4 (28.57%) Analyst
3 2 (14.29%) Systems Analyst
3 2 (14.29%) Web Developer
3 2 (14.29%) Senior Analyst
3 2 (14.29%) Senior Systems Analyst
4 1 (7.14%) IT Programme Manager
4 1 (7.14%) Risk Manager
4 1 (7.14%) Information Manager
4 1 (7.14%) Analyst Developer
4 1 (7.14%) MI Developer
4 1 (7.14%) Information Risk Manager
4 1 (7.14%) Teradata Developer
4 1 (7.14%) Agile Project Manager
4 1 (7.14%) Data Architect
4 1 (7.14%) Senior Manager
4 1 (7.14%) Senior Developer
4 1 (7.14%) Architect
4 1 (7.14%) Project Manager
4 1 (7.14%) Business Analyst
Libraries, Frameworks & Software Standards
1 3 (21.43%) ASP.NET
1 3 (21.43%) .NET
2 2 (14.29%) HTML
2 2 (14.29%) CSS
2 2 (14.29%) RESTful
2 2 (14.29%) HTML5
2 2 (14.29%) CSS3
3 1 (7.14%) ASP.NET MVC 3
3 1 (7.14%) Razor View Engine
3 1 (7.14%) ADO.NET Entity Framework
3 1 (7.14%) ASP.NET MVC
3 1 (7.14%) .NET Framework
Miscellaneous
1 2 (14.29%) Credit Risk
1 2 (14.29%) Management Information System
2 1 (7.14%) CAN bus
2 1 (7.14%) Computer Science
Operating Systems
1 5 (35.71%) UNIX
2 1 (7.14%) Windows
Processes & Methodologies
1 4 (28.57%) Data Transformation
2 2 (14.29%) Data Modelling
2 2 (14.29%) Data Analysis
2 2 (14.29%) MVC
2 2 (14.29%) Stakeholder Management
2 2 (14.29%) Scrum
2 2 (14.29%) Web Design
2 2 (14.29%) Responsive Web Design
2 2 (14.29%) Stakeholder Engagement
2 2 (14.29%) Analytics
3 1 (7.14%) Agile Software Development
3 1 (7.14%) Risk Management
3 1 (7.14%) Workflow
3 1 (7.14%) Validation
Programming Languages
1 2 (14.29%) Java
1 2 (14.29%) JavaScript
1 2 (14.29%) PHP
1 2 (14.29%) SQL
1 2 (14.29%) VB
2 1 (7.14%) C#
Qualifications
1 2 (14.29%) Degree
2 1 (7.14%) CISA
2 1 (7.14%) CISM
Quality Assurance & Compliance
1 1 (7.14%) COBIT
1 1 (7.14%) ISO/IEC 27001
Vendors
1 2 (14.29%) Cognos
1 2 (14.29%) Teradata
2 1 (7.14%) McAfee
2 1 (7.14%) Cisco
2 1 (7.14%) Microsoft
2 1 (7.14%) Juniper
2 1 (7.14%) CheckPoint