Banking
UK > Work from Home
The table below looks at the prevalence of the term Banking in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 8 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 8 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 21 | 22 | 35 |
| Rank change year-on-year | +1 | +13 | -3 |
| Contract jobs citing Banking | 1,199 | 1,999 | 2,655 |
| As % of all contract jobs with a WFH option | 7.94% | 7.96% | 6.00% |
| As % of the General category | 13.51% | 13.62% | 11.05% |
| Number of daily rates quoted | 761 | 1,305 | 1,870 |
| 10th Percentile | £400 | £450 | £425 |
| 25th Percentile | £500 | £525 | £510 |
| Median daily rate (50th Percentile) | £619 | £650 | £600 |
| Median % change year-on-year | -4.77% | +8.33% | +14.29% |
| 75th Percentile | £788 | £788 | £714 |
| 90th Percentile | £875 | £866 | £813 |
| UK median daily rate | £613 | £650 | £625 |
| % change year-on-year | -5.77% | +4.00% | +13.64% |
| Number of hourly rates quoted | 3 | 1 | 3 |
| 10th Percentile | - | - | £16.56 |
| 25th Percentile | - | - | £19.43 |
| Median hourly rate | £12.84 | £8.00 | £29.07 |
| Median % change year-on-year | +60.50% | -72.48% | +21.13% |
| 75th Percentile | £47.92 | - | £55.71 |
| 90th Percentile | £68.97 | - | £68.78 |
| UK median hourly rate | £19.05 | £21.00 | £27.50 |
| % change year-on-year | -9.29% | -23.64% | +76.79% |
All General Skills
Work from Home
Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for common skills.
| Contract vacancies with a requirement for common skills | 8,875 | 14,682 | 24,035 |
| As % of all contract jobs with a WFH option | 58.79% | 58.44% | 54.36% |
| Number of daily rates quoted | 5,816 | 10,345 | 17,442 |
| 10th Percentile | £325 | £363 | £350 |
| 25th Percentile | £425 | £450 | £431 |
| Median daily rate (50th Percentile) | £538 | £550 | £525 |
| Median % change year-on-year | -2.27% | +4.76% | +6.06% |
| 75th Percentile | £650 | £675 | £638 |
| 90th Percentile | £775 | £775 | £738 |
| UK median daily rate | £525 | £550 | £538 |
| % change year-on-year | -4.55% | +2.33% | +7.50% |
| Number of hourly rates quoted | 471 | 336 | 345 |
| 10th Percentile | £14.00 | £19.00 | £13.50 |
| 25th Percentile | £22.61 | £25.99 | £19.35 |
| Median hourly rate | £38.12 | £50.00 | £32.50 |
| Median % change year-on-year | -23.76% | +53.85% | +38.52% |
| 75th Percentile | £53.00 | £67.50 | £49.25 |
| 90th Percentile | £72.50 | £80.25 | £64.90 |
| UK median hourly rate | £30.16 | £33.60 | £21.92 |
| % change year-on-year | -10.24% | +53.33% | -2.60% |
Banking
Trend for Jobs with a WFH Option
Job vacancies with a work from home option citing Banking as a proportion of all IT jobs advertised.
Banking
Daily Rate Trend for Jobs with a WFH Option
3-month moving average daily rate quoted in job vacancies with a work from home option citing Banking.
Banking
Daily Rate Histogram for Jobs with a WFH Option
Daily rate distribution for jobs with a work from home option citing Banking over the 6 months to 8 May 2024.
Banking
Hourly Rate Trend for Jobs with a WFH Option
3-month moving average hourly rate quoted in job vacancies with a work from home option citing Banking.
Banking
Hourly Rate Histogram for Jobs with a WFH Option
Hourly rate distribution for jobs with a work from home option citing Banking over the 6 months to 8 May 2024.
Banking
Co-occurring Skills and Capabilities with WFH Options by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:
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