Period
to

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the East Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 1 July 2022 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.

Banking
England > East Midlands
6 months to
1 Jul 2022
Same period 2021 Same period 2020
Rank 71 32 22
Rank change year-on-year -39 -10 +34
Contract jobs citing Banking 19 52 54
As % of all contract jobs advertised in the East Midlands 1.38% 4.80% 6.36%
As % of the General category 2.83% 9.40% 12.27%
Number of daily rates quoted 18 51 49
10th Percentile £361 £91 £86
25th Percentile £396 £360 £88
Median daily rate (50th Percentile) £430 £396 £175
Median % change year-on-year +8.59% +126.29% -55.13%
75th Percentile £530 £485 £300
90th Percentile £588 £538 £453
England median daily rate £650 £595 £563
% change year-on-year +9.24% +5.78% +2.27%

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 advertised in the East Midlands with a requirement for common skills.

All General Skills
East Midlands
Contract vacancies with a requirement for common skills 672 553 440
As % of all contract IT jobs advertised in the East Midlands 48.87% 51.01% 51.83%
Number of daily rates quoted 488 358 254
10th Percentile £199 £124 £148
25th Percentile £320 £265 £295
Median daily rate (50th Percentile) £450 £393 £400
Median % change year-on-year +14.65% -1.88% +3.23%
75th Percentile £528 £494 £488
90th Percentile £619 £630 £600
England median daily rate £550 £500 £488
% change year-on-year +10.00% +2.56% +2.63%
Number of hourly rates quoted 51 37 27
10th Percentile £10.50 £9.25 £10.41
25th Percentile £17.00 £10.00 £11.39
Median hourly rate £24.50 £12.50 £12.24
Median % change year-on-year +96.00% +2.17% -9.20%
75th Percentile £35.00 £21.50 £40.63
90th Percentile - £24.35 £49.05
England median hourly rate £24.00 £21.00 £20.00
% change year-on-year +14.29% +5.00% -

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 July 2022.

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 July 2022. 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 -26 11 £400 +1.01%
Leicestershire -10 3 £430 +383.15% 2
Nottinghamshire 0 2 £453 -21.30%
Derbyshire -17 1 £450 +389.13%
Banking
England

For the 6 months to 1 July 2022, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the East Midlands region with a requirement for Banking.

1 11 (57.89%) Finance
2 9 (47.37%) Agile
3 7 (36.84%) Stakeholder Management
4 4 (21.05%) Java
4 4 (21.05%) Retail
4 4 (21.05%) Social Skills
5 3 (15.79%) Analytical Skills
5 3 (15.79%) SQL
5 3 (15.79%) Oracle
6 2 (10.53%) Scrum
6 2 (10.53%) Legal
6 2 (10.53%) Change Management
6 2 (10.53%) Retail Banking
6 2 (10.53%) Python
6 2 (10.53%) Data Warehouse
6 2 (10.53%) Project Management
6 2 (10.53%) ETL
6 2 (10.53%) Business Intelligence
6 2 (10.53%) Test Automation
6 2 (10.53%) Azure
6 2 (10.53%) AWS
6 2 (10.53%) Mobile Banking
6 2 (10.53%) Problem-Solving
6 2 (10.53%) Project Delivery
7 1 (5.26%) CSPO
7 1 (5.26%) Vendor Relationship Management
7 1 (5.26%) Product Roadmap
7 1 (5.26%) Oracle Database
7 1 (5.26%) Performance Monitoring
7 1 (5.26%) Docker

Banking
Co-occurring IT Skills in the East Midlands 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 1 (5.26%) SAS
Business Applications
1 1 (5.26%) BASE24
Cloud Services
1 2 (10.53%) AWS
1 2 (10.53%) Azure
Communications & Networking
1 1 (5.26%) ATM
Database & Business Intelligence
1 2 (10.53%) Data Warehouse
2 1 (5.26%) Data Mining
2 1 (5.26%) NonStop SQL
2 1 (5.26%) Oracle Database
2 1 (5.26%) Snowflake Schema
Development Applications
1 1 (5.26%) Cucumber
1 1 (5.26%) Eclipse
1 1 (5.26%) Jenkins
1 1 (5.26%) Selenium
1 1 (5.26%) SpecFlow
General
1 11 (57.89%) Finance
2 4 (21.05%) Retail
2 4 (21.05%) Social Skills
3 3 (15.79%) Analytical Skills
4 2 (10.53%) Legal
4 2 (10.53%) Retail Banking
5 1 (5.26%) Retail Finance
Job Titles
1 4 (21.05%) Architect
2 3 (15.79%) Analyst
2 3 (15.79%) Developer
2 3 (15.79%) Test Engineer
3 2 (10.53%) Business Analyst
3 2 (10.53%) Change Manager
3 2 (10.53%) Infrastructure Architect
4 1 (5.26%) BASE24 Developer
4 1 (5.26%) Help Desk Support
4 1 (5.26%) Java Developer
4 1 (5.26%) PMO Analyst
4 1 (5.26%) Product Owner
4 1 (5.26%) Project Manager
4 1 (5.26%) Salesforce Developer
4 1 (5.26%) Solutions Architect
4 1 (5.26%) Technical Architect
4 1 (5.26%) Test Automation Engineer
Libraries, Frameworks & Software Standards
1 1 (5.26%) .NET
1 1 (5.26%) AngularJS
1 1 (5.26%) DOM
1 1 (5.26%) HTML
1 1 (5.26%) Java EE
1 1 (5.26%) jQuery
1 1 (5.26%) Middleware
1 1 (5.26%) REST
1 1 (5.26%) Velocity
1 1 (5.26%) XML
Miscellaneous
1 2 (10.53%) Mobile Banking
2 1 (5.26%) APACS
2 1 (5.26%) AS400
2 1 (5.26%) Credit Risk
2 1 (5.26%) Data Protection Act
2 1 (5.26%) Enterprise Software
2 1 (5.26%) Tandem
Processes & Methodologies
1 9 (47.37%) Agile
2 7 (36.84%) Stakeholder Management
3 2 (10.53%) Business Intelligence
3 2 (10.53%) Change Management
3 2 (10.53%) ETL
3 2 (10.53%) Problem-Solving
3 2 (10.53%) Project Delivery
3 2 (10.53%) Project Management
3 2 (10.53%) Scrum
3 2 (10.53%) Test Automation
4 1 (5.26%) Budgeting and Resource Allocation
4 1 (5.26%) Compliance Audit
4 1 (5.26%) Contract Management
4 1 (5.26%) Creative Thinking
4 1 (5.26%) Decision-Making
4 1 (5.26%) IT Strategy
4 1 (5.26%) Product Roadmap
4 1 (5.26%) Resource Allocation
4 1 (5.26%) Scaled Agile Framework
4 1 (5.26%) Vendor Relationship Management
Programming Languages
1 4 (21.05%) Java
2 3 (15.79%) SQL
3 2 (10.53%) Python
4 1 (5.26%) C#
4 1 (5.26%) C++
4 1 (5.26%) COBOL
4 1 (5.26%) Groovy
4 1 (5.26%) JavaScript
4 1 (5.26%) R
4 1 (5.26%) Ruby
Qualifications
1 1 (5.26%) CSPO
1 1 (5.26%) Degree
Quality Assurance & Compliance
1 1 (5.26%) Data Quality
1 1 (5.26%) PMO
System Software
1 1 (5.26%) Docker
Systems Management
1 1 (5.26%) Kubernetes
Vendors
1 3 (15.79%) Oracle
2 1 (5.26%) CA Agile Central
2 1 (5.26%) Cadence
2 1 (5.26%) HP
2 1 (5.26%) Microsoft
2 1 (5.26%) Salesforce.com
2 1 (5.26%) Solace