Banking Contracts in the East Midlands

Banking
England > East Midlands

The table below looks at the prevalence of the term Banking in contract job vacancies in the East Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 25 37 78
Rank change year-on-year +12 +41 -29
Contract jobs citing Banking 33 29 7
As % of all contract jobs advertised in the East Midlands 6.16% 3.75% 0.67%
As % of the General category 10.09% 7.49% 1.26%
Number of daily rates quoted 27 26 4
10th Percentile £256 £364 -
25th Percentile £338 £400 £400
Median daily rate (50th Percentile) £390 £448 £413
Median % change year-on-year -12.85% +8.48% -1.49%
75th Percentile £449 £501 £459
90th Percentile £473 £619 £499
England median daily rate £600 £625 £650
% change year-on-year -4.00% -3.85% +1.96%

All General Skills
East Midlands

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in the East Midlands.

Contract vacancies with a requirement for common skills 327 387 554
As % of all contract IT jobs advertised in the East Midlands 61.01% 50.06% 53.17%
Number of daily rates quoted 209 255 426
10th Percentile £202 £160 £213
25th Percentile £320 £230 £325
Median daily rate (50th Percentile) £443 £400 £450
Median % change year-on-year +10.63% -11.11% +4.65%
75th Percentile £519 £550 £575
90th Percentile £578 £638 £700
England median daily rate £525 £538 £550
% change year-on-year -2.33% -2.27% -
Number of hourly rates quoted 19 56 41
10th Percentile £14.45 £12.20 £11.80
25th Percentile £15.68 £13.88 £15.25
Median hourly rate £23.00 £17.25 £21.67
Median % change year-on-year +33.33% -20.40% +0.79%
75th Percentile £30.30 £35.00 £40.25
90th Percentile £37.00 £51.91 £51.50
England median hourly rate £27.50 £30.16 £33.82
% change year-on-year -8.82% -10.82% +57.30%

Banking
Job Vacancy Trend in the East Midlands

Job postings citing Banking as a proportion of all IT jobs advertised in the East Midlands.

Job vacancy trend for Banking in the East Midlands

Banking
Contractor Daily Rate Trend in the East Midlands

3-month moving average daily rate quoted in jobs citing Banking in the East Midlands.

Daily rate trend for Banking in the East Midlands

Banking
Daily Rate Histogram in the East Midlands

Daily rate distribution for jobs citing Banking in the East Midlands over the 6 months to 1 May 2025.

Daily rate histogram for Banking in the East Midlands

Banking
Contractor Hourly Rate Trend in the East Midlands

3-month moving average hourly rates quoted in jobs citing Banking in the East Midlands.

Hourly rate trend for Banking in the East Midlands

Banking
Contract Job Locations in the East Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the East Midlands region over the 6 months to 1 May 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Northamptonshire -1 27 £375 -15.73% 16
Nottinghamshire +12 5 £545 -11.38% 14
Banking
England

Banking
Co-occurring Skills and Capabilities in the East Midlands 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 2 (6.06%) Apache
1 2 (6.06%) Apache Spark
1 2 (6.06%) Tomcat
Business Applications
1 2 (6.06%) Exstream
1 2 (6.06%) Payment Gateway
Cloud Services
1 14 (42.42%) AWS
2 3 (9.09%) Azure
3 2 (6.06%) GCP
4 1 (3.03%) Apigee
4 1 (3.03%) AWS CodePipeline
4 1 (3.03%) Kong
Communications & Networking
1 2 (6.06%) HTTP
Database & Business Intelligence
1 3 (9.09%) Big Data
2 2 (6.06%) Apache Hudi
2 2 (6.06%) Apache Iceberg
2 2 (6.06%) Data Lake
2 2 (6.06%) Delta Lake
2 2 (6.06%) Flink
2 2 (6.06%) Hadoop
2 2 (6.06%) MongoDB
2 2 (6.06%) NoSQL
2 2 (6.06%) Parquet
2 2 (6.06%) SQL Server
3 1 (3.03%) Oracle Database
Development Applications
1 4 (12.12%) Cucumber
1 4 (12.12%) Selenium
2 3 (9.09%) Jenkins
3 2 (6.06%) Introscope
3 2 (6.06%) LoadRunner
3 2 (6.06%) REST Assured
4 1 (3.03%) ERwin
4 1 (3.03%) GitLab
4 1 (3.03%) MagicDraw
General
1 13 (39.39%) Finance
2 6 (18.18%) Social Skills
3 3 (9.09%) Analytical Skills
4 1 (3.03%) Financial Institution
4 1 (3.03%) Legal
4 1 (3.03%) Marketing
4 1 (3.03%) Retail
Job Titles
1 9 (27.27%) Architect
2 8 (24.24%) Analyst
2 8 (24.24%) Solutions Architect
3 6 (18.18%) Business Analyst
4 3 (9.09%) AWS Architect
4 3 (9.09%) AWS Solution Architect
4 3 (9.09%) Test Engineer
5 2 (6.06%) Automation Engineer
5 2 (6.06%) Business Data Analyst
5 2 (6.06%) Data Analyst
5 2 (6.06%) Developer
5 2 (6.06%) Junior
5 2 (6.06%) Scala Developer
6 1 (3.03%) Automation Tester
6 1 (3.03%) Junior Tester
6 1 (3.03%) Payments Business Analyst
6 1 (3.03%) Programme Director
6 1 (3.03%) Project Manager
6 1 (3.03%) Test Automation Engineer
6 1 (3.03%) Tester
Libraries, Frameworks & Software Standards
1 4 (12.12%) HTML
2 3 (9.09%) Kafka
2 3 (9.09%) REST
3 2 (6.06%) .NET
3 2 (6.06%) Apache Avro
3 2 (6.06%) DOM
3 2 (6.06%) J2EE
3 2 (6.06%) jQuery
3 2 (6.06%) JSON
3 2 (6.06%) Playwright
3 2 (6.06%) Web Services
4 1 (3.03%) Lightning Web Components
4 1 (3.03%) OAuth
4 1 (3.03%) OpenID
4 1 (3.03%) RAML
4 1 (3.03%) Spring
4 1 (3.03%) Spring Boot
4 1 (3.03%) Swagger
Miscellaneous
1 2 (6.06%) Cloud Native
1 2 (6.06%) Data Structures
1 2 (6.06%) Distributed Systems
2 1 (3.03%) Onboarding
2 1 (3.03%) Product Ownership
2 1 (3.03%) Public Cloud
Operating Systems
1 2 (6.06%) AIX
1 2 (6.06%) Unix
Processes & Methodologies
1 9 (27.27%) Agile
1 9 (27.27%) Scrum
2 6 (18.18%) Problem-Solving
3 5 (15.15%) Cost-Benefit Analysis
3 5 (15.15%) Data Modelling
3 5 (15.15%) Strategic Thinking
4 4 (12.12%) BPR
4 4 (12.12%) Business Case
4 4 (12.12%) CI/CD
4 4 (12.12%) Data Analysis
4 4 (12.12%) Infrastructure Engineering
4 4 (12.12%) IT Governance
4 4 (12.12%) Requirements Analysis
4 4 (12.12%) Stakeholder Management
4 4 (12.12%) Test Automation
5 3 (9.09%) Business Strategy
5 3 (9.09%) Continuous Improvement
5 3 (9.09%) Decision-Making
5 3 (9.09%) Domain-Driven Design
5 3 (9.09%) Integration Patterns
Programming Languages
1 9 (27.27%) Java
2 5 (15.15%) SQL
3 4 (12.12%) Python
4 2 (6.06%) C
4 2 (6.06%) Scala
Qualifications
1 3 (9.09%) AWS Certification
2 2 (6.06%) AWS Certified Cloud Practitioner
3 1 (3.03%) AWS Certified Solutions Architect
3 1 (3.03%) TOGAF Certification
Quality Assurance & Compliance
1 2 (6.06%) COREP
1 2 (6.06%) FINREP
1 2 (6.06%) QA
2 1 (3.03%) Basel III
2 1 (3.03%) MiFID
2 1 (3.03%) Sarbanes-Oxley
System Software
1 2 (6.06%) Docker
2 1 (3.03%) VMware Infrastructure
Systems Management
1 2 (6.06%) CA Wily
1 2 (6.06%) Kubernetes
1 2 (6.06%) Terraform
Vendors
1 4 (12.12%) Microsoft
2 3 (9.09%) Splunk
3 2 (6.06%) AppDynamics
3 2 (6.06%) Databricks
3 2 (6.06%) Google
3 2 (6.06%) OpenText
3 2 (6.06%) Salesforce
3 2 (6.06%) VMware
4 1 (3.03%) HP
4 1 (3.03%) MuleSoft
4 1 (3.03%) Oracle