Investment Banking Contracts in the East Midlands

The table below looks at the prevalence of the term Investment 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 Investment Banking over the 6 months to 25 May 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.

Investment Banking England > East Midlands
Location	6 months to 25 May 2022	Same period 2021	Same period 2020
Rank	-	71	76
Rank change year-on-year	-	+5	+42
Contract jobs citing Investment Banking	0	1	1
As % of all contract jobs advertised in the East Midlands	-	0.10%	0.092%
As % of the General category	-	0.20%	0.19%
Number of daily rates quoted	0	1	1
10^th Percentile	-	-	-
25^th Percentile	-	-	£525
Median daily rate (50^th Percentile)	-	£500	£550
Median % change year-on-year	-	-9.09%	+155.81%
75^th Percentile	-	-	£575
90^th Percentile	-	-	-
England median daily rate	£725	£650	£625
% change year-on-year	+11.54%	+4.00%	+8.70%

Investment 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	680	489	517
As % of all contract IT jobs advertised in the East Midlands	49.13%	51.31%	47.52%
Number of daily rates quoted	489	315	301
10^th Percentile	£200	£107	£140
25^th Percentile	£319	£265	£313
Median daily rate (50^th Percentile)	£440	£384	£400
Median % change year-on-year	+14.58%	-4.00%	+3.90%
75^th Percentile	£520	£488	£488
90^th Percentile	£601	£625	£600
England median daily rate	£550	£500	£475
% change year-on-year	+10.00%	+5.26%	-
Number of hourly rates quoted	50	37	33
10^th Percentile	£9.73	£9.41	£11.00
25^th Percentile	£15.00	£10.00	£11.50
Median hourly rate	£22.75	£13.00	£12.24
Median % change year-on-year	+75.00%	+6.25%	-9.37%
75^th Percentile	£35.00	£22.45	£23.75
90^th Percentile	-	£47.33	£48.63
England median hourly rate	£21.50	£21.05	£19.95
% change year-on-year	+2.14%	+5.51%	+6.40%