Retail Banking Contracts with Work from Home Options

Retail Banking
UK > Work from Home

The table below looks at the prevalence of the term Retail 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 Retail 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 301 370 356
Rank change year-on-year +69 -14 -50
Contract jobs citing Retail Banking 46 97 289
As % of all contract jobs with a WFH option 0.30% 0.39% 0.65%
As % of the General category 0.52% 0.66% 1.20%
Number of daily rates quoted 27 58 145
10th Percentile £450 £448 £350
25th Percentile £475 £500 £500
Median daily rate (50th Percentile) £500 £575 £600
Median % change year-on-year -13.04% -4.17% +12.41%
75th Percentile £600 £730 £700
90th Percentile £646 £781 £713
UK median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +15.00%

All General Skills
Work from Home

Retail 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%

Retail Banking
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Retail Banking as a proportion of all IT jobs advertised.

Retail Banking trend for jobs with a WFH option

Retail 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 Retail Banking.

Retail Banking daily rate for jobs with a WFH option

Retail Banking
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Retail Banking over the 6 months to 8 May 2024.

Retail Banking daily rate histogram for jobs with a WFH option

Retail 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:

Application Platforms
1 3 (6.52%) CMS
1 3 (6.52%) Headless CMS
1 3 (6.52%) SharePoint
2 1 (2.17%) Confluence
Applications
1 2 (4.35%) Microsoft Excel
2 1 (2.17%) Gliffy
2 1 (2.17%) MS Visio
Cloud Services
1 16 (34.78%) AWS
2 10 (21.74%) Azure
3 8 (17.39%) Power Platform
4 3 (6.52%) Amazon ECR
4 3 (6.52%) Amazon MSK
4 3 (6.52%) Amazon S3
4 3 (6.52%) Amazon SQS
5 2 (4.35%) GCP
6 1 (2.17%) FinancialForce
6 1 (2.17%) GitHub
Communications & Networking
1 3 (6.52%) DNS
1 3 (6.52%) VPN
2 2 (4.35%) Internet
3 1 (2.17%) ATM
Database & Business Intelligence
1 8 (17.39%) Power BI
2 3 (6.52%) Amazon QuickSight
2 3 (6.52%) Elasticsearch
2 3 (6.52%) MariaDB
2 3 (6.52%) MySQL
3 1 (2.17%) Oracle Database
Development Applications
1 3 (6.52%) Cypress.io
1 3 (6.52%) PHPUnit
1 3 (6.52%) Snyk
2 1 (2.17%) Appium
2 1 (2.17%) Jenkins
2 1 (2.17%) JIRA
2 1 (2.17%) Postman
2 1 (2.17%) Selenium
2 1 (2.17%) SonarQube
General
1 40 (86.96%) Banking
2 27 (58.70%) Finance
3 15 (32.61%) Investment Banking
4 12 (26.09%) Corporate Banking
4 12 (26.09%) Retail
4 12 (26.09%) Social Skills
5 5 (10.87%) Analytical Skills
6 3 (6.52%) Front Office
7 2 (4.35%) Financial Institution
7 2 (4.35%) Influencing Skills
Job Titles
1 11 (23.91%) Analyst
1 11 (23.91%) Developer
2 4 (8.70%) Architect
2 4 (8.70%) PHP Developer
2 4 (8.70%) Security Analyst
3 3 (6.52%) Applications Support
3 3 (6.52%) AWS Developer
3 3 (6.52%) Business Analyst
3 3 (6.52%) Data Analyst
3 3 (6.52%) Project Manager
3 3 (6.52%) React Developer
3 3 (6.52%) Unix Support
4 2 (4.35%) Automation Engineer
4 2 (4.35%) Banking Analyst
4 2 (4.35%) Data Business Analyst
4 2 (4.35%) Product Owner
4 2 (4.35%) Security Engineer
5 1 (2.17%) Integration Manager
5 1 (2.17%) Product Analyst
5 1 (2.17%) Security Consultant
Libraries, Frameworks & Software Standards
1 6 (13.04%) GraphQL
2 3 (6.52%) Kafka
2 3 (6.52%) Laravel
2 3 (6.52%) React
2 3 (6.52%) Symfony
2 3 (6.52%) Yii
3 1 (2.17%) Node.js
3 1 (2.17%) Pandas
3 1 (2.17%) React Native
3 1 (2.17%) RESTful
3 1 (2.17%) Spring
Miscellaneous
1 3 (6.52%) Greenfield Project
2 2 (4.35%) Data Centre
2 2 (4.35%) Mobile App
2 2 (4.35%) Product Ownership
3 1 (2.17%) Algorithms
Operating Systems
1 3 (6.52%) Unix
1 3 (6.52%) Windows
2 1 (2.17%) Android
Processes & Methodologies
1 13 (28.26%) Wealth Management
2 10 (21.74%) Agile
3 8 (17.39%) Test Automation
4 7 (15.22%) CI/CD
4 7 (15.22%) Design Patterns
5 6 (13.04%) Continuous Integration
5 6 (13.04%) DevOps
5 6 (13.04%) Software Engineering
6 5 (10.87%) Fintech
6 5 (10.87%) Migration
6 5 (10.87%) Problem-Solving
7 4 (8.70%) Site Reliability Engineering
7 4 (8.70%) Software Testing
8 3 (6.52%) Business Intelligence
8 3 (6.52%) Information Security
8 3 (6.52%) Release Management
8 3 (6.52%) Test Strategy
8 3 (6.52%) Unit Testing
8 3 (6.52%) Vulnerability Management
8 3 (6.52%) Workflow
Programming Languages
1 9 (19.57%) SQL
2 7 (15.22%) PHP
3 4 (8.70%) Python
4 3 (6.52%) Go
4 3 (6.52%) Java
4 3 (6.52%) PowerShell
4 3 (6.52%) TypeScript
5 1 (2.17%) Kotlin
5 1 (2.17%) PL/SQL
5 1 (2.17%) R
Qualifications
1 3 (6.52%) CISM
1 3 (6.52%) CISSP
2 1 (2.17%) CSSLP
2 1 (2.17%) Degree
2 1 (2.17%) ISTQB
Quality Assurance & Compliance
1 2 (4.35%) QA
2 1 (2.17%) Data Quality
System Software
1 3 (6.52%) Docker
2 1 (2.17%) Virtual Desktop
Systems Management
1 3 (6.52%) Grafana
1 3 (6.52%) Kubernetes
1 3 (6.52%) Prometheus
2 1 (2.17%) Ansible
Vendors
1 3 (6.52%) Qualys
2 2 (4.35%) Google
2 2 (4.35%) Microsoft
2 2 (4.35%) Symantec
2 2 (4.35%) Veracode
2 2 (4.35%) Zscaler
3 1 (2.17%) Avaloq
3 1 (2.17%) Checkmarx
3 1 (2.17%) Citrix
3 1 (2.17%) Oracle
3 1 (2.17%) Salesforce
3 1 (2.17%) TSYS