Period
to 23 January 2022

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 23 January 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
23 Jan 2022
Same period 2021 Same period 2020
Rank 33 24 68
Rank change year-on-year -9 +44 -22
Contract jobs citing Banking 79 49 35
As % of all contract jobs advertised in the East Midlands 5.32% 6.21% 2.06%
As % of the General category 10.52% 11.75% 4.30%
Number of daily rates quoted 63 42 25
10th Percentile £360 £90 -
25th Percentile £381 £91 £88
Median daily rate (50th Percentile) £450 £360 £170
Median % change year-on-year +25.00% +111.76% -58.38%
75th Percentile £495 £411 £425
90th Percentile £535 £494 £506
England median daily rate £625 £550 £550
% change year-on-year +13.64% - -

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 751 417 814
As % of all contract IT jobs advertised in the East Midlands 50.57% 52.85% 48.02%
Number of daily rates quoted 539 245 453
10th Percentile £160 £120 £182
25th Percentile £306 £255 £313
Median daily rate (50th Percentile) £413 £380 £413
Median % change year-on-year +8.70% -8.00% +3.13%
75th Percentile £515 £475 £500
90th Percentile £607 £538 £588
England median daily rate £525 £475 £475
% change year-on-year +10.53% - -
Number of hourly rates quoted 41 25 60
10th Percentile £8.37 £10.00 £10.58
25th Percentile £9.49 £13.00 £11.50
Median hourly rate £14.50 £21.00 £14.00
Median % change year-on-year -30.95% +50.00% +9.80%
75th Percentile £18.67 £41.00 £22.37
90th Percentile £34.50 £47.50 £46.53
England median hourly rate £19.70 £23.43 £18.70
% change year-on-year -15.92% +25.29% +1.08%

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 23 January 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 23 January 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 0 61 £438 +12.83% 8
Nottinghamshire -12 13 £487 +21.63% 3
Leicestershire -13 3 - - 4
Derbyshire -17 1 £525 +473.14%
Banking
England

For the 6 months to 23 January 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 53 (67.09%) Finance
2 25 (31.65%) Social Skills
3 20 (25.32%) Analytical Skills
4 19 (24.05%) Agile Software Development
5 15 (18.99%) Migration
5 15 (18.99%) SDLC
6 14 (17.72%) Salesforce.com
6 14 (17.72%) ITIL
7 13 (16.46%) Decision-Making
8 12 (15.19%) Presentation Skills
8 12 (15.19%) CRM
8 12 (15.19%) Oracle
8 12 (15.19%) Validation
8 12 (15.19%) Enterprise Software
8 12 (15.19%) User Acceptance Testing
9 11 (13.92%) ITIL V3
9 11 (13.92%) Data Migration
9 11 (13.92%) Data Quality
9 11 (13.92%) ITSM
9 11 (13.92%) Data Security
9 11 (13.92%) Risk Management
9 11 (13.92%) Service Management
9 11 (13.92%) Service Delivery
9 11 (13.92%) Java
9 11 (13.92%) SQL
10 10 (12.66%) ETL
10 10 (12.66%) Business Continuity
10 10 (12.66%) FLEXCUBE
10 10 (12.66%) Oracle Database
10 10 (12.66%) Contingency Planning

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 3 (3.80%) Mule
2 1 (1.27%) Confluence
2 1 (1.27%) Documentum
2 1 (1.27%) FileNet
2 1 (1.27%) SAS
2 1 (1.27%) SharePoint
2 1 (1.27%) Skype for Business
2 1 (1.27%) Tomcat
Applications
1 2 (2.53%) Microsoft Excel
2 1 (1.27%) Microsoft Office
2 1 (1.27%) Microsoft PowerPoint
Business Applications
1 10 (12.66%) FLEXCUBE
2 2 (2.53%) BASE24
3 1 (1.27%) Oracle BPM
Cloud Services
1 10 (12.66%) Cloud Computing
2 5 (6.33%) Salesforce Service Cloud
3 4 (5.06%) AWS
4 2 (2.53%) Microsoft 365
5 1 (1.27%) Amazon CloudWatch
5 1 (1.27%) AWS CloudFormation
5 1 (1.27%) AWS CloudTrail
5 1 (1.27%) AWS CodeBuild
5 1 (1.27%) AWS CodeDeploy
5 1 (1.27%) AWS CodePipeline
5 1 (1.27%) Azure
5 1 (1.27%) Lucidchart
5 1 (1.27%) npm
5 1 (1.27%) OneDrive
5 1 (1.27%) Power Platform
5 1 (1.27%) Serverless
Communications & Networking
1 2 (2.53%) ATM
2 1 (1.27%) Skype
2 1 (1.27%) VPN
Database & Business Intelligence
1 10 (12.66%) Oracle Database
2 6 (7.59%) MongoDB
3 3 (3.80%) MariaDB
3 3 (3.80%) Relational Database
4 2 (2.53%) Amazon DynamoDB
4 2 (2.53%) NonStop SQL
4 2 (2.53%) NoSQL
4 2 (2.53%) SQL Server
5 1 (1.27%) Power BI
Development Applications
1 6 (7.59%) JIRA
2 4 (5.06%) Jenkins
2 4 (5.06%) Selenium
3 3 (3.80%) Bitbucket
3 3 (3.80%) Bitbucket Server
3 3 (3.80%) Git (software)
3 3 (3.80%) SonarQube
4 2 (2.53%) Cucumber
4 2 (2.53%) Eclipse
5 1 (1.27%) CA Release Automation
5 1 (1.27%) Gradle
5 1 (1.27%) HP UFT
5 1 (1.27%) JUnit
5 1 (1.27%) Maven
5 1 (1.27%) Postman
5 1 (1.27%) SoapUI
5 1 (1.27%) Subversion
General
1 53 (67.09%) Finance
2 25 (31.65%) Social Skills
3 20 (25.32%) Analytical Skills
4 12 (15.19%) Presentation Skills
5 7 (8.86%) Law
5 7 (8.86%) Organisational Skills
5 7 (8.86%) Retail Banking
6 5 (6.33%) Documentation Skills
7 2 (2.53%) Corporate Banking
7 2 (2.53%) Investment Banking
7 2 (2.53%) Legal
7 2 (2.53%) Retail
8 1 (1.27%) Back Office
8 1 (1.27%) Financial Institution
8 1 (1.27%) Marketing
8 1 (1.27%) Public Sector
8 1 (1.27%) Retail Finance
Job Titles
1 23 (29.11%) Developer
2 18 (22.78%) Analyst
3 12 (15.19%) Salesforce Developer
4 11 (13.92%) Head of IT
5 10 (12.66%) Head of Service Management
6 8 (10.13%) Business Analyst
6 8 (10.13%) Systems Analyst
7 6 (7.59%) Financial Analyst
7 6 (7.59%) IT Analyst
7 6 (7.59%) Service Analyst
8 5 (6.33%) Architect
8 5 (6.33%) Finance Systems Analyst
8 5 (6.33%) Project Manager
8 5 (6.33%) Solutions Architect
9 4 (5.06%) Tester
10 3 (3.80%) 2nd Line Support
10 3 (3.80%) Communications Manager
11 2 (2.53%) Financial Business Analyst
11 2 (2.53%) IT Project Manager
11 2 (2.53%) SQL Developer
Libraries, Frameworks & Software Standards
1 6 (7.59%) RAML
2 5 (6.33%) Spring
3 4 (5.06%) Node.js
3 4 (5.06%) SOAP
3 4 (5.06%) Web Services
4 3 (3.80%) AngularJS
4 3 (3.80%) HTML
4 3 (3.80%) J2EE
4 3 (3.80%) jQuery
4 3 (3.80%) Middleware
4 3 (3.80%) React
4 3 (3.80%) Spring Boot
4 3 (3.80%) Swagger
4 3 (3.80%) XML
5 2 (2.53%) CSS
5 2 (2.53%) DOM
5 2 (2.53%) REST
6 1 (1.27%) HTML5
6 1 (1.27%) Spring Security
6 1 (1.27%) Velocity
Miscellaneous
1 12 (15.19%) Enterprise Software
2 3 (3.80%) Data Protection Act
2 3 (3.80%) Legacy Systems
3 2 (2.53%) APACS
3 2 (2.53%) Online Banking
3 2 (2.53%) Tandem
3 2 (2.53%) User Experience
4 1 (1.27%) Credit Risk
4 1 (1.27%) IVR
4 1 (1.27%) Self-Motivation
4 1 (1.27%) Virtual Team
Operating Systems
1 4 (5.06%) Windows
1 4 (5.06%) Windows 10
1 4 (5.06%) Windows 7
2 3 (3.80%) Android
2 3 (3.80%) Apple iOS
2 3 (3.80%) Mac OS
Processes & Methodologies
1 19 (24.05%) Agile Software Development
2 15 (18.99%) Migration
2 15 (18.99%) SDLC
3 14 (17.72%) ITIL
4 13 (16.46%) Decision-Making
5 12 (15.19%) CRM
5 12 (15.19%) User Acceptance Testing
5 12 (15.19%) Validation
6 11 (13.92%) Data Migration
6 11 (13.92%) Data Security
6 11 (13.92%) ITIL V3
6 11 (13.92%) ITSM
6 11 (13.92%) Risk Management
6 11 (13.92%) Service Delivery
6 11 (13.92%) Service Management
7 10 (12.66%) Business Continuity
7 10 (12.66%) Contingency Planning
7 10 (12.66%) ETL
7 10 (12.66%) Performance Management
7 10 (12.66%) Resource Management
Programming Languages
1 11 (13.92%) Java
1 11 (13.92%) SQL
2 6 (7.59%) JavaScript
3 3 (3.80%) PowerShell
3 3 (3.80%) VBA
4 2 (2.53%) C++
4 2 (2.53%) COBOL
4 2 (2.53%) T-SQL
5 1 (1.27%) C
5 1 (1.27%) Go
5 1 (1.27%) Groovy
5 1 (1.27%) Python
Qualifications
1 3 (3.80%) TOGAF Certification
2 2 (2.53%) Degree
3 1 (1.27%) APMP
3 1 (1.27%) CBAP
3 1 (1.27%) ISEB
Quality Assurance & Compliance
1 11 (13.92%) Data Quality
2 4 (5.06%) QA
3 1 (1.27%) Accessibility
3 1 (1.27%) PMO
3 1 (1.27%) WCAG
System Software
1 5 (6.33%) Active Directory
2 3 (3.80%) Virtual Desktop
2 3 (3.80%) VMware Infrastructure
2 3 (3.80%) vSphere
3 1 (1.27%) BitLocker
Systems Management
1 1 (1.27%) Opscode Chef
1 1 (1.27%) Puppet
1 1 (1.27%) Terraform
1 1 (1.27%) WebSphere Cast Iron
Vendors
1 14 (17.72%) Salesforce.com
2 12 (15.19%) Oracle
3 6 (7.59%) Microsoft
4 3 (3.80%) Checkmarx
4 3 (3.80%) Citrix
4 3 (3.80%) HP
4 3 (3.80%) VMware
5 2 (2.53%) Pega
6 1 (1.27%) CA Agile Central
6 1 (1.27%) Cadence
6 1 (1.27%) IBM
6 1 (1.27%) Micro Focus
6 1 (1.27%) MuleSoft
6 1 (1.27%) TIBCO