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 contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 25 February 2017 with a comparison to the same period over 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.

3 months to
25 Feb 2017
Same period 2016 Same period 2015
Retail Banking
England / West Midlands
Rank 117 120 101
Rank change year-on-year
+3 -19
Contract jobs citing Retail Banking 5 6 8
As % of all contract IT jobs located in the West Midlands 0.21% 0.23% 0.35%
As % of the General category 0.73% 0.87% 1.10%
Number of daily rates quoted 4 4 6
Median daily rate £438 £450 £444
Median daily rate % change year-on-year
-2.77% +1.40%
90% offered a daily rate of more than £408 £293 £345
10% offered a daily rate of more than £450 £485 £500
UK excluding London median daily rate £415 £445 £438
% change year-on-year
-6.74% +1.54%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
689 692 725
As % of all contract IT jobs located in the West Midlands 29.02% 26.51% 32.14%
Number of daily rates quoted 408 413 378
Median daily rate £413 £400 £375
Median daily rate % change year-on-year
+3.12% +6.66%
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £525 £550 £525
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 38 25 54
Median hourly rate £25.00 £20.75 £26.00
Median hourly rate % change year-on-year
+20.48% -20.19%
90% offered a hourly rate of more than £11.33 £14.55 £11.00
10% offered a hourly rate of more than £37.50 £42.25 £35.00
UK excluding London median hourly rate £27.00 £32.50 £22.50
% change year-on-year
-16.92% +44.44%

Retail Banking
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing Retail Banking as a proportion of all IT contracts with a match in 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
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Retail Banking within the West Midlands region over the 3 months to 25 February 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Birmingham +5 5 £438 +29.62% 1
Retail Banking
England

Retail Banking
Top 30 Related IT Skills in the West Midlands

For the 6 months to 25 February 2017, IT contractor jobs citing Retail Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Retail Banking.

1 10 (100.00%) Banking
1 10 (100.00%) Retail
2 6 (60.00%) Finance
3 4 (40.00%) Agile Software Development
4 2 (20.00%) Business Analysis
4 2 (20.00%) Private Banking
4 2 (20.00%) Wealth Management
4 2 (20.00%) Migration
4 2 (20.00%) Stakeholder Management
4 2 (20.00%) Scrum
4 2 (20.00%) Active Directory
4 2 (20.00%) Internet
4 2 (20.00%) Windows
4 2 (20.00%) Windows 7
4 2 (20.00%) Skype for Business
4 2 (20.00%) User Acceptance Testing
4 2 (20.00%) Test Scripting
4 2 (20.00%) Investment Management
4 2 (20.00%) Windows Server
5 1 (10.00%) IBM Operational Decision Manager
5 1 (10.00%) Planning and Forecasting
5 1 (10.00%) Feasibility Study
5 1 (10.00%) Business Forecasting
5 1 (10.00%) Document Composition
5 1 (10.00%) Pega
5 1 (10.00%) System Testing
5 1 (10.00%) Test Management
5 1 (10.00%) Software Delivery
5 1 (10.00%) Blue Prism
5 1 (10.00%) Defect Management

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

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

Application Platforms
1 2 (20.00%) Skype for Business
Business Applications
1 1 (10.00%) IBM Operational Decision Manager
Communications & Networking
1 2 (20.00%) Internet
General
1 10 (100.00%) Banking
1 10 (100.00%) Retail
2 6 (60.00%) Finance
3 2 (20.00%) Private Banking
Job Titles
1 5 (50.00%) Analyst
2 3 (30.00%) Test Manager
3 2 (20.00%) Banking Analyst
3 2 (20.00%) Business Analyst
3 2 (20.00%) Senior Analyst
3 2 (20.00%) Senior Support Analyst
3 2 (20.00%) Support Analyst
4 1 (10.00%) 2nd Line Support
4 1 (10.00%) 2nd Line Support Analyst
4 1 (10.00%) 3rd Line Support
4 1 (10.00%) Architect
4 1 (10.00%) Automation Architect
4 1 (10.00%) Enterprise Architect
4 1 (10.00%) Financial Analyst
4 1 (10.00%) Payments Analyst
4 1 (10.00%) Payments Test Manager
4 1 (10.00%) Risk Analyst
4 1 (10.00%) Scrum Master
4 1 (10.00%) Test Analyst
4 1 (10.00%) Test Leader
Miscellaneous
1 1 (10.00%) Management Information System
Operating Systems
1 2 (20.00%) Windows
1 2 (20.00%) Windows 7
1 2 (20.00%) Windows Server
Processes & Methodologies
1 4 (40.00%) Agile Software Development
2 2 (20.00%) Business Analysis
2 2 (20.00%) Investment Management
2 2 (20.00%) Migration
2 2 (20.00%) Scrum
2 2 (20.00%) Stakeholder Management
2 2 (20.00%) Test Scripting
2 2 (20.00%) User Acceptance Testing
2 2 (20.00%) Wealth Management
3 1 (10.00%) Business Forecasting
3 1 (10.00%) Defect Management
3 1 (10.00%) Document Composition
3 1 (10.00%) Document Management
3 1 (10.00%) Feasibility Study
3 1 (10.00%) Information Architecture
3 1 (10.00%) Lean Six Sigma
3 1 (10.00%) Planning and Forecasting
3 1 (10.00%) Software Delivery
3 1 (10.00%) System Testing
3 1 (10.00%) Test Management
Programming Languages
1 1 (10.00%) C
System Software
1 2 (20.00%) Active Directory
Vendors
1 1 (10.00%) Blue Prism
1 1 (10.00%) IBM
1 1 (10.00%) Pega