The table below looks at the prevalence of the term Retail Banking 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 Retail Banking over the 3 months to 19 September 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
19 Sep 2014
Same period 2013 Same period 2012
Retail Banking
Rank 123 99 96
Rank change year-on-year
-24 -3
Contract jobs citing Retail Banking 5 12 18
As % of all contract IT jobs located in the West Midlands 0.19% 0.57% 0.79%
As % of the General category 0.65% 1.98% 2.52%
Number of daily rates quoted 4 11 17
Average daily rate
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£450 £395 £400
Average daily rate % change year-on-year
+13.92% -1.25%
UK excluding London average daily rate £450 £396 £380
% change year-on-year
+13.63% +4.21%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.00 £10.00 -
Retail Banking
England

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

General Category
West Midlands
Contract IT job ads with a match in the
General category
767 606 715
As % of all contract IT jobs located in the West Midlands 29.83% 28.71% 31.29%
Number of daily rates quoted 379 292 321
Average daily rate £375 £375 £375
90% offered a daily rate of more than £213 £190 £225
10% offered a daily rate of more than £510 £501 £500
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 51 40 48
Average hourly rate £31.50 £24.75 £32.00
Average hourly rate % change year-on-year
+27.27% -22.65%
90% offered a hourly rate of more than £20.20 £12.00 £13.50
10% offered a hourly rate of more than £42.00 £37.80 £41.00
UK excluding London average hourly rate £23.00 £20.50 £28.50
% change year-on-year
+12.19% -28.07%

Retail Banking
Jobs Demand Trend in the West Midlands

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

Retail Banking Jobs Demand Trend in the West Midlands

Retail Banking
Daily Rate Trend in the West Midlands

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

Retail Banking Daily Rate Trend in the West Midlands

Retail Banking
Hourly Rate Trend in the West Midlands

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

Retail Banking Hourly Rate Trend in the West Midlands

Retail Banking
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 Retail Banking within the West Midlands region over the 3 months to 19 September 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
Birmingham -7 4 £450 +9.09% 2
Coventry - 1 £380 - 1
Solihull - - - -
Retail Banking
England

Retail Banking
Top 27 Related IT Skills in the West Midlands

For the 6 months to 19 September 2014, IT contractor jobs across the West Midlands region citing Retail Banking 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 Retail Banking.

1 12 (100.00%) Banking
1 12 (100.00%) Retail
2 7 (58.33%) Finance
2 7 (58.33%) Stakeholder Management
3 3 (25.00%) Analytical Skills
4 2 (16.67%) Quality Management
4 2 (16.67%) Business Analysis
4 2 (16.67%) SQL
4 2 (16.67%) VBA
4 2 (16.67%) Business Objects
4 2 (16.67%) Data Warehouse
4 2 (16.67%) Project Management
5 1 (8.33%) SAS
5 1 (8.33%) MS Project
5 1 (8.33%) SharePoint
5 1 (8.33%) Corporate Banking
5 1 (8.33%) Resource Management
5 1 (8.33%) QA
5 1 (8.33%) Wealth Management
5 1 (8.33%) Data Extraction
5 1 (8.33%) Spreadsheet
5 1 (8.33%) Project Governance
5 1 (8.33%) Functional Testing
5 1 (8.33%) GAP Analysis
5 1 (8.33%) Back Office
5 1 (8.33%) Data Analysis
5 1 (8.33%) Investment Banking

Retail Banking
Top Related IT Skills in the West Midlands by Category

For the 6 months to 19 September 2014, IT contractor jobs across the West Midlands region citing Retail Banking 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 Retail Banking. Up to 20 skills are shown per category.

Application Platforms
1 1 (8.33%) SAS
1 1 (8.33%) SharePoint
Applications
1 1 (8.33%) MS Project
1 1 (8.33%) Spreadsheet
Database & Business Intelligence
1 2 (16.67%) Data Warehouse
General
1 12 (100.00%) Banking
1 12 (100.00%) Retail
2 7 (58.33%) Finance
3 1 (8.33%) Corporate Banking
3 1 (8.33%) Back Office
3 1 (8.33%) Investment Banking
Job Titles
1 7 (58.33%) Analyst
2 5 (41.67%) Business Analyst
3 4 (33.33%) Project Manager
4 2 (16.67%) MI Analyst
5 1 (8.33%) Coordinator
5 1 (8.33%) Programme Manager
5 1 (8.33%) Senior Manager
5 1 (8.33%) Senior Project Manager
5 1 (8.33%) Project Coordinator
5 1 (8.33%) Senior Programme Manager
5 1 (8.33%) Business Project Manager
5 1 (8.33%) Banking Business Analyst
5 1 (8.33%) Investment Banking Business Analyst
5 1 (8.33%) Lead Business Analyst
5 1 (8.33%) PMO Analyst
5 1 (8.33%) PMO Assistant
5 1 (8.33%) Business Manager
Miscellaneous
1 3 (25.00%) Analytical Skills
2 1 (8.33%) Data Extraction
Processes & Methodologies
1 7 (58.33%) Stakeholder Management
2 2 (16.67%) Quality Management
2 2 (16.67%) Business Analysis
2 2 (16.67%) Project Management
3 1 (8.33%) Resource Management
3 1 (8.33%) Wealth Management
3 1 (8.33%) Project Governance
3 1 (8.33%) Functional Testing
3 1 (8.33%) GAP Analysis
3 1 (8.33%) Data Analysis
Programming Languages
1 2 (16.67%) SQL
1 2 (16.67%) VBA
Quality Assurance & Compliance
1 1 (8.33%) QA
Vendors
1 2 (16.67%) Business Objects
West Midlands
Clarity Resourcing Ltd
Rate: £450 - £501 per day
Posted: Yesterday
Coventry, West Midlands (County)
Experis Ltd
Rate: £360 - £400 per day
Posted: 3 days ago