The table below looks at the prevalence of the term Retail Banking in IT contracts advertised for the West Sussex region. Included is a guide to the contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 24 September 2016 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
24 Sep 2016
Same period 2015 Same period 2014
Retail Banking
Rank - 63 37
Contract jobs citing Retail Banking 0 1 1
As % of all contract IT jobs located in West Sussex - 0.17% 0.29%
As % of the General category - 0.58% 1.30%
Number of daily rates quoted 0 1 1
Median daily rate - £230 £288
Median daily rate % change year-on-year
- -20.31%
UK excluding London median daily rate £413 £425 £450
% change year-on-year
-2.94% -5.55%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £10.00
Retail Banking
South East

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

General Category
West Sussex
Contract IT job ads with a match in the
General category
161 171 77
As % of all contract IT jobs located in West Sussex 23.30% 28.36% 22.06%
Number of daily rates quoted 107 107 62
Median daily rate £425 £400 £350
Median daily rate % change year-on-year
+6.25% +14.28%
90% offered a daily rate of more than £290 £288 £225
10% offered a daily rate of more than £535 £538 £613
UK excluding London median daily rate £400 £400 £396
% change year-on-year
- +1.01%
Number of hourly rates quoted 10 12 3
Median hourly rate £14.18 £16.00 £16.00
Median hourly rate % change year-on-year
-11.37% -
90% offered a hourly rate of more than £10.00 £10.65 £14.17
10% offered a hourly rate of more than £45.20 £40.25 £16.38
UK excluding London median hourly rate £21.16 £30.00 £25.00
% change year-on-year
-29.48% +20.00%

Retail Banking
Jobs Demand Trend in West Sussex

The demand trend of contract jobs across the West Sussex region citing Retail Banking as a proportion of all IT contracts with a match in the General category.

Retail Banking Jobs Demand Trend in West Sussex

Retail Banking
Daily Rate Trend in West Sussex

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

Retail Banking Daily Rate Trend in West Sussex