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 31 July 2015 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
31 Jul 2015
Same period 2014 Same period 2013
Retail Banking
Rank 97 113 93
Rank change year-on-year
+16 -20
Contract jobs citing Retail Banking 19 6 9
As % of all contract IT jobs located in the West Midlands 0.79% 0.24% 0.45%
As % of the General category 2.28% 0.84% 1.48%
Number of daily rates quoted 19 5 9
Average daily rate
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£425 £300 £430
Average daily rate % change year-on-year
+41.66% -30.23%
90% offered a daily rate of more than £350 £255 £314
10% offered a daily rate of more than £455 £450 £480
UK excluding London average daily rate £400 £425 £400
% change year-on-year
-5.88% +6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £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
832 716 610
As % of all contract IT jobs located in the West Midlands 34.61% 29.24% 30.73%
Number of daily rates quoted 525 346 282
Average daily rate £400 £350 £375
Average daily rate % change year-on-year
+14.28% -6.66%
90% offered a daily rate of more than £217 £225 £250
10% offered a daily rate of more than £525 £507 £541
UK excluding London average daily rate £396 £388 £388
% change year-on-year
+2.19% -
Number of hourly rates quoted 49 52 51
Average hourly rate £31.44 £33.55 £25.50
Average hourly rate % change year-on-year
-6.28% +31.56%
90% offered a hourly rate of more than £13.55 £18.00 £11.74
10% offered a hourly rate of more than £42.50 £42.00 £37.80
UK excluding London average hourly rate £22.50 £22.00 £22.50
% change year-on-year
+2.27% -2.22%

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
Daily Rate Histogram in the West Midlands

This chart provides a histogram of daily rates quoted in contract IT jobs citing Retail Banking across the West Midlands region over the 3 months to 31 July 2015.

Retail Banking Daily Rate Histogram 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 31 July 2015. 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
Coventry +13 11 £450 +50.00% 1
Birmingham +4 6 £395 +5.33% 2
Wolverhampton - 1 £355 -
Retail Banking
England

Retail Banking
Top 30 Related IT Skills in the West Midlands

For the 6 months to 31 July 2015, 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 31 (100.00%) Banking
1 31 (100.00%) Retail
2 25 (80.65%) Finance
3 13 (41.94%) Stakeholder Management
4 6 (19.35%) Business Analysis
5 5 (16.13%) Change Management
6 4 (12.90%) Project Management
7 3 (9.68%) Analytical Skills
8 2 (6.45%) ISTQB
9 1 (3.23%) GAP Analysis
9 1 (3.23%) Risk Management
9 1 (3.23%) PRINCE2
9 1 (3.23%) Cognos
9 1 (3.23%) B2B
9 1 (3.23%) B2C
9 1 (3.23%) ISEB
9 1 (3.23%) Software Testing
9 1 (3.23%) Legal
9 1 (3.23%) TOGAF
9 1 (3.23%) ISEB Practitioner
9 1 (3.23%) Investment Banking
9 1 (3.23%) Programme Management
9 1 (3.23%) Agile Software Development
9 1 (3.23%) Business Transformation
9 1 (3.23%) Dependency Management
9 1 (3.23%) Business Process Mapping
9 1 (3.23%) ISTQB Foundation Certification
9 1 (3.23%) ISTQB Advanced Certification
9 1 (3.23%) Line Management
9 1 (3.23%) Mentoring

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

For the 6 months to 31 July 2015, 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.

General
1 31 (100.00%) Banking
1 31 (100.00%) Retail
2 25 (80.65%) Finance
3 1 (3.23%) Legal
3 1 (3.23%) Investment Banking
3 1 (3.23%) Corporate Banking
Job Titles
1 21 (67.74%) Analyst
2 19 (61.29%) Business Analyst
3 10 (32.26%) Senior Business Analyst
3 10 (32.26%) Senior Analyst
4 6 (19.35%) Banking Business Analyst
4 6 (19.35%) Project Manager
5 4 (12.90%) MI Analyst
6 2 (6.45%) Payments Business Analyst
6 2 (6.45%) Architect
6 2 (6.45%) Solutions Architect
7 1 (3.23%) Senior Manager
7 1 (3.23%) Test Manager
7 1 (3.23%) Test Analyst
7 1 (3.23%) Programme Manager
7 1 (3.23%) Business Change Analyst
7 1 (3.23%) Lead Business Analyst
7 1 (3.23%) PMO Analyst
7 1 (3.23%) Programme Test Manager
7 1 (3.23%) Lead Project Manager
7 1 (3.23%) Senior Project Manager
Miscellaneous
1 3 (9.68%) Analytical Skills
Processes & Methodologies
1 13 (41.94%) Stakeholder Management
2 6 (19.35%) Business Analysis
3 5 (16.13%) Change Management
4 4 (12.90%) Project Management
5 1 (3.23%) GAP Analysis
5 1 (3.23%) Risk Management
5 1 (3.23%) PRINCE2
5 1 (3.23%) B2B
5 1 (3.23%) B2C
5 1 (3.23%) Programme Management
5 1 (3.23%) Agile Software Development
5 1 (3.23%) TOGAF
5 1 (3.23%) Software Testing
5 1 (3.23%) Requirements Management
5 1 (3.23%) Project Planning
5 1 (3.23%) Resource Management
5 1 (3.23%) Test Scripting
5 1 (3.23%) Test Automation
5 1 (3.23%) Open Source
5 1 (3.23%) Test Strategy
Qualifications
1 2 (6.45%) ISTQB
2 1 (3.23%) ISTQB Foundation Certification
2 1 (3.23%) ISTQB Advanced Certification
2 1 (3.23%) ISEB
2 1 (3.23%) ISEB Practitioner
Vendors
1 1 (3.23%) Cognos
Birmingham, West Midlands (County)
Hydrogen Group
Rate: £200.00 - £300.00 per day
Posted: 5 days ago
Coventry
Hays IT - Uk Posting account
Rate: £450.00 per day
Posted: 10 days ago