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 remote or hybrid contract work. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Retail Banking over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 292 373 376
Rank change year-on-year +81 +3 -68
Contract jobs citing Retail Banking 49 84 258
As % of all contract jobs with a WFH option 0.33% 0.35% 0.59%
As % of the General category 0.57% 0.60% 1.07%
Number of daily rates quoted 27 49 123
10th Percentile £420 £453 £312
25th Percentile £469 £500 £413
Median daily rate (50th Percentile) £500 £570 £575
Median % change year-on-year -12.20% -0.96% +4.55%
75th Percentile £600 £738 £638
90th Percentile £651 £820 £738
UK median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +9.52%

All General Skills
Work from Home

Retail Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies with remote or hybrid options requiring common skills.

Contract vacancies with a requirement for common skills 8,623 13,983 24,165
As % of all contract jobs with a WFH option 58.44% 58.57% 55.10%
Number of daily rates quoted 5,682 9,896 17,664
10th Percentile £325 £363 £355
25th Percentile £425 £450 £438
Median daily rate (50th Percentile) £538 £550 £530
Median % change year-on-year -2.27% +3.77% +6.00%
75th Percentile £650 £675 £638
90th Percentile £775 £775 £750
UK median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 459 316 342
10th Percentile £14.00 £18.66 £13.53
25th Percentile £22.50 £25.71 £19.50
Median hourly rate £38.12 £49.00 £34.45
Median % change year-on-year -22.20% +42.24% +55.04%
75th Percentile £52.50 £67.50 £49.25
90th Percentile £72.50 £78.38 £65.54
UK median hourly rate £30.50 £31.96 £23.00
% change year-on-year -4.57% +38.96% +9.26%

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 12 June 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 (6.12%) CMS
1 3 (6.12%) Headless CMS
1 3 (6.12%) SharePoint
2 1 (2.04%) Confluence
Applications
1 2 (4.08%) Gliffy
2 1 (2.04%) MS Visio
Cloud Services
1 17 (34.69%) AWS
2 11 (22.45%) Azure
3 6 (12.24%) Power Platform
4 5 (10.20%) Amazon S3
5 4 (8.16%) Amazon SQS
6 3 (6.12%) Amazon ECR
6 3 (6.12%) Amazon MSK
7 2 (4.08%) GCP
8 1 (2.04%) Amazon EC2
8 1 (2.04%) Azure Storage
8 1 (2.04%) Cloud Computing
8 1 (2.04%) Entra ID
8 1 (2.04%) FinancialForce
8 1 (2.04%) GitHub
8 1 (2.04%) IaaS
8 1 (2.04%) Microsoft 365
8 1 (2.04%) PaaS
8 1 (2.04%) SaaS
Communications & Networking
1 3 (6.12%) DNS
1 3 (6.12%) VPN
2 2 (4.08%) Internet
3 1 (2.04%) ATM
Database & Business Intelligence
1 6 (12.24%) Power BI
2 4 (8.16%) MySQL
3 3 (6.12%) Amazon QuickSight
3 3 (6.12%) Elasticsearch
3 3 (6.12%) MariaDB
4 1 (2.04%) Oracle Database
4 1 (2.04%) SQL Server
Development Applications
1 4 (8.16%) PHPUnit
2 3 (6.12%) Cypress.io
2 3 (6.12%) Snyk
3 2 (4.08%) Jenkins
4 1 (2.04%) Appium
4 1 (2.04%) Gradle
4 1 (2.04%) JIRA
4 1 (2.04%) JUnit
4 1 (2.04%) Postman
4 1 (2.04%) Selenium
4 1 (2.04%) SonarQube
General
1 43 (87.76%) Banking
2 28 (57.14%) Finance
3 16 (32.65%) Investment Banking
4 13 (26.53%) Corporate Banking
4 13 (26.53%) Retail
4 13 (26.53%) Social Skills
5 3 (6.12%) Analytical Skills
5 3 (6.12%) Front Office
6 1 (2.04%) Influencing Skills
6 1 (2.04%) Marketing
Job Titles
1 12 (24.49%) Developer
2 10 (20.41%) Analyst
3 5 (10.20%) PHP Developer
4 4 (8.16%) Architect
4 4 (8.16%) AWS Developer
4 4 (8.16%) Business Analyst
4 4 (8.16%) Project Manager
5 3 (6.12%) Applications Support
5 3 (6.12%) Product Owner
5 3 (6.12%) React Developer
5 3 (6.12%) Security Analyst
5 3 (6.12%) Unix Support
6 2 (4.08%) Automation Engineer
6 2 (4.08%) Banking Analyst
6 2 (4.08%) Data Analyst
6 2 (4.08%) Data Business Analyst
6 2 (4.08%) Security Engineer
7 1 (2.04%) Automation Analyst
7 1 (2.04%) Integration Project Manager
7 1 (2.04%) Lead
Libraries, Frameworks & Software Standards
1 6 (12.24%) GraphQL
2 4 (8.16%) Laravel
2 4 (8.16%) Symfony
2 4 (8.16%) Yii
3 3 (6.12%) Kafka
3 3 (6.12%) React
4 2 (4.08%) Spring
5 1 (2.04%) Node.js
5 1 (2.04%) React Native
5 1 (2.04%) RESTful
5 1 (2.04%) Spring Boot
Miscellaneous
1 3 (6.12%) Greenfield Project
1 3 (6.12%) Mobile App
1 3 (6.12%) Product Ownership
2 1 (2.04%) Algorithms
2 1 (2.04%) Client/Server
2 1 (2.04%) Data Centre
Operating Systems
1 4 (8.16%) Windows
2 3 (6.12%) Unix
3 1 (2.04%) Android
3 1 (2.04%) Windows Server
3 1 (2.04%) Windows Server 2012
Processes & Methodologies
1 15 (30.61%) Wealth Management
2 10 (20.41%) Test Automation
3 9 (18.37%) Agile
3 9 (18.37%) CI/CD
4 8 (16.33%) Design Patterns
5 7 (14.29%) Continuous Integration
5 7 (14.29%) DevOps
5 7 (14.29%) Migration
5 7 (14.29%) Software Engineering
6 5 (10.20%) Containerisation
6 5 (10.20%) Fintech
6 5 (10.20%) Site Reliability Engineering
6 5 (10.20%) Unit Testing
7 4 (8.16%) Event-Driven
7 4 (8.16%) OO
7 4 (8.16%) OOP
7 4 (8.16%) Software Testing
7 4 (8.16%) Workflow
8 3 (6.12%) Microservices
8 3 (6.12%) Test Strategy
Programming Languages
1 11 (22.45%) SQL
2 8 (16.33%) PHP
3 4 (8.16%) Java
4 3 (6.12%) Go
4 3 (6.12%) PowerShell
4 3 (6.12%) Python
4 3 (6.12%) TypeScript
5 1 (2.04%) Groovy
5 1 (2.04%) Kotlin
5 1 (2.04%) PL/SQL
5 1 (2.04%) R
Qualifications
1 2 (4.08%) Degree
2 1 (2.04%) CISM
2 1 (2.04%) CISSP
2 1 (2.04%) CSSLP
2 1 (2.04%) ISTQB
Quality Assurance & Compliance
1 2 (4.08%) QA
System Software
1 4 (8.16%) Docker
2 1 (2.04%) Active Directory
2 1 (2.04%) Virtual Desktop
Systems Management
1 4 (8.16%) Kubernetes
2 3 (6.12%) Grafana
2 3 (6.12%) Prometheus
3 1 (2.04%) Ansible
3 1 (2.04%) Microsoft Intune
3 1 (2.04%) Packer
3 1 (2.04%) Terraform
Vendors
1 2 (4.08%) Google
1 2 (4.08%) Microsoft
1 2 (4.08%) Symantec
1 2 (4.08%) Veracode
1 2 (4.08%) Zscaler
2 1 (2.04%) Avaloq
2 1 (2.04%) CA
2 1 (2.04%) Checkmarx
2 1 (2.04%) Citrix
2 1 (2.04%) Oracle
2 1 (2.04%) Pega
2 1 (2.04%) Qualys
2 1 (2.04%) Salesforce
2 1 (2.04%) TSYS