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 27 February 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
27 Feb 2015
Same period 2014 Same period 2013
Retail Banking
Rank 104 91 97
Rank change year-on-year
-13 +6
Contract jobs citing Retail Banking 9 17 5
As % of all contract IT jobs located in the West Midlands 0.40% 0.77% 0.28%
As % of the General category 1.24% 2.40% 0.93%
Number of daily rates quoted 7 12 5
Average daily rate
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£438 £438 £330
Average daily rate % change year-on-year
- +32.57%
90% offered a daily rate of more than £319 £393 £312
10% offered a daily rate of more than £495 £509 £404
UK excluding London average daily rate £433 £415 £375
% change year-on-year
+4.21% +10.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
724 709 535
As % of all contract IT jobs located in the West Midlands 31.95% 32.08% 29.57%
Number of daily rates quoted 378 353 217
Average daily rate £380 £363 £370
Average daily rate % change year-on-year
+4.68% -2.02%
90% offered a daily rate of more than £250 £228 £180
10% offered a daily rate of more than £525 £500 £598
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 52 49 67
Average hourly rate £27.35 £31.00 £32.00
Average hourly rate % change year-on-year
-11.79% -3.12%
90% offered a hourly rate of more than £11.00 £10.00 £7.10
10% offered a hourly rate of more than £35.00 £45.00 £37.80
UK excluding London average hourly rate £25.00 £24.00 £25.75
% change year-on-year
+4.16% -6.79%

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 27 February 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 27 February 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
Birmingham -2 4 £310 -38.61% 2
Coventry -4 2 £488 +8.33% 2
Retail Banking
England

Retail Banking
Top 30 Related IT Skills in the West Midlands

For the 6 months to 27 February 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 28 (100.00%) Banking
1 28 (100.00%) Retail
2 21 (75.00%) Finance
3 9 (32.14%) Stakeholder Management
4 5 (17.86%) Business Analysis
4 5 (17.86%) Business Transformation
5 3 (10.71%) Project Management
5 3 (10.71%) ATM
5 3 (10.71%) Cognos
5 3 (10.71%) GAP Analysis
5 3 (10.71%) MS PowerPoint
5 3 (10.71%) Analytical Skills
6 2 (7.14%) Change Management
6 2 (7.14%) Validation
6 2 (7.14%) Migration
6 2 (7.14%) Requirements Analysis
6 2 (7.14%) Credit Risk
6 2 (7.14%) MS Office
6 2 (7.14%) Microsoft
6 2 (7.14%) MS Excel
7 1 (3.57%) PMI
7 1 (3.57%) PMI Certification
7 1 (3.57%) Business Intelligence
7 1 (3.57%) PRINCE2
7 1 (3.57%) UNIX
7 1 (3.57%) AIX
7 1 (3.57%) Data Warehouse
7 1 (3.57%) E-Commerce
7 1 (3.57%) SAS
7 1 (3.57%) Risk Management

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

For the 6 months to 27 February 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.

Application Platforms
1 1 (3.57%) SAS
Applications
1 3 (10.71%) MS PowerPoint
2 2 (7.14%) MS Office
2 2 (7.14%) MS Excel
Business Applications
1 1 (3.57%) VisionPLUS
Communications & Networking
1 3 (10.71%) ATM
Database & Business Intelligence
1 1 (3.57%) Data Warehouse
1 1 (3.57%) Base SAS
1 1 (3.57%) SAS Enterprise Guide
1 1 (3.57%) SAS Data Integration Studio
General
1 28 (100.00%) Banking
1 28 (100.00%) Retail
2 21 (75.00%) Finance
3 1 (3.57%) Investment Banking
3 1 (3.57%) Corporate Banking
3 1 (3.57%) Marketing
Job Titles
1 16 (57.14%) Analyst
2 10 (35.71%) Business Analyst
3 4 (14.29%) Architect
4 3 (10.71%) Project Manager
4 3 (10.71%) Solutions Architect
4 3 (10.71%) Data Analyst
5 1 (3.57%) UNIX Systems Administrator
5 1 (3.57%) UNIX Administrator
5 1 (3.57%) Business Architect
5 1 (3.57%) Technical Writer
5 1 (3.57%) Change Analyst
5 1 (3.57%) Enterprise Architect
5 1 (3.57%) SAS Analyst
5 1 (3.57%) AIX Administrator
5 1 (3.57%) Performance Analyst
5 1 (3.57%) MI Analyst
5 1 (3.57%) Business Change Analyst
5 1 (3.57%) Lead Business Analyst
5 1 (3.57%) Payments Business Analyst
5 1 (3.57%) Senior Business Analyst
Miscellaneous
1 3 (10.71%) Analytical Skills
2 2 (7.14%) Credit Risk
3 1 (3.57%) PMI
Operating Systems
1 1 (3.57%) UNIX
1 1 (3.57%) AIX
Processes & Methodologies
1 9 (32.14%) Stakeholder Management
2 5 (17.86%) Business Analysis
2 5 (17.86%) Business Transformation
3 3 (10.71%) Project Management
3 3 (10.71%) GAP Analysis
4 2 (7.14%) Validation
4 2 (7.14%) Migration
4 2 (7.14%) Change Management
4 2 (7.14%) Requirements Analysis
5 1 (3.57%) Project Planning
5 1 (3.57%) Test Scripting
5 1 (3.57%) Predictive Modelling
5 1 (3.57%) Business Process Improvement
5 1 (3.57%) Stakeholder Engagement
5 1 (3.57%) TOGAF
5 1 (3.57%) Data Analysis
5 1 (3.57%) Supply Chain Management
5 1 (3.57%) PRINCE2
5 1 (3.57%) E-Commerce
5 1 (3.57%) Business Intelligence
Qualifications
1 1 (3.57%) PMI Certification
1 1 (3.57%) ISTQB
1 1 (3.57%) ISTQB Foundation Certification
Vendors
1 3 (10.71%) Cognos
2 2 (7.14%) Microsoft