The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in Birmingham. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 3 months to 25 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Financial Institution
West Midlands / Birmingham
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 51 71 63
Rank change year-on-year +20 -8  
Contract jobs citing Financial Institution 5 1 2
As % of all contract IT jobs advertised in Birmingham 0.83% 0.12% 0.26%
As % of the General category 2.42% 0.35% 0.75%
Number of daily rates quoted 0 1 0
Median daily rate - £375 -
UK excluding London median daily rate £475 £438 £393
% change year-on-year +8.57% +11.46%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £10.44 £10.30
% change year-on-year - +1.35%  

Financial Institution is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Birmingham with a requirement for common skills.

General Skills
Birmingham
Contract job vacancies with a requirement for common skills 207 284 268
As % of all contract IT job vacancies advertised in Birmingham 34.27% 34.85% 35.50%
Number of daily rates quoted 130 211 186
Median daily rate £400 £375 £375
Median daily rate % change year-on-year +6.66% -  
90% offered a daily rate of more than £275 £210 £219
10% offered a daily rate of more than £608 £500 £500
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 4 3 4
Median hourly rate £28.75 £37.00 £15.50
Median hourly rate % change year-on-year -22.29% +138.70%  
90% offered a hourly rate of more than £14.95 £36.50 £13.70
10% offered a hourly rate of more than £41.05 £37.50 £34.00
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

Financial Institution
Job Vacancy Trend in Birmingham

The job posting trend of jobs advertised in Birmingham citing Financial Institution as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Financial Institution in Birmingham

Financial Institution
Contractor Daily Rate Trend in Birmingham

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Institution in Birmingham.

Contractor daily rate trend for Financial Institution in Birmingham

For the 6 months to 25 June 2017, IT contractor jobs citing Financial Institution 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 Birmingham region with a requirement for Financial Institution.

1 5 (100.00%) Finance
2 4 (80.00%) Banking
2 4 (80.00%) Investment Banking
2 4 (80.00%) Investment Management
2 4 (80.00%) Apache Solr
2 4 (80.00%) E-Discovery
2 4 (80.00%) Virtual Team
2 4 (80.00%) HP
3 1 (20.00%) Change Management
3 1 (20.00%) Firewall
3 1 (20.00%) Cisco Certification
3 1 (20.00%) Internet
3 1 (20.00%) C
3 1 (20.00%) Microsoft Office
3 1 (20.00%) ITIL
3 1 (20.00%) PRINCE2
3 1 (20.00%) E-Commerce
3 1 (20.00%) MS Visio
3 1 (20.00%) LAN
3 1 (20.00%) WAN
3 1 (20.00%) Cisco
3 1 (20.00%) CCNA
3 1 (20.00%) Logistics

Financial Institution
Co-occurring IT Skills in Birmingham 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 4 (80.00%) Apache Solr
Applications
1 1 (20.00%) Microsoft Office
1 1 (20.00%) MS Visio
Communications & Networking
1 1 (20.00%) Firewall
1 1 (20.00%) Internet
1 1 (20.00%) LAN
1 1 (20.00%) WAN
General
1 5 (100.00%) Finance
2 4 (80.00%) Banking
2 4 (80.00%) Investment Banking
Job Titles
1 4 (80.00%) Developer
1 4 (80.00%) Technical Developer
2 1 (20.00%) Project Manager
2 1 (20.00%) Technical Manager
2 1 (20.00%) Technical Project Manager
Miscellaneous
1 4 (80.00%) Virtual Team
Processes & Methodologies
1 4 (80.00%) E-Discovery
1 4 (80.00%) Investment Management
2 1 (20.00%) Change Management
2 1 (20.00%) E-Commerce
2 1 (20.00%) ITIL
2 1 (20.00%) Logistics
2 1 (20.00%) PRINCE2
Programming Languages
1 1 (20.00%) C
Qualifications
1 1 (20.00%) CCNA
1 1 (20.00%) Cisco Certification
Vendors
1 4 (80.00%) HP
2 1 (20.00%) Cisco