Period
to 20 February 2019

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the East of England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 20 February 2019 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 of England
6 months to
20 Feb 2019
Same period 2018 Same period 2017
Rank 164 139 108
Rank change year-on-year -25 -31 -12
Contract jobs citing Banking 27 58 77
As % of all contract IT jobs advertised in the East of England 0.63% 1.23% 1.73%
As % of the General category 1.98% 3.41% 5.74%
Number of daily rates quoted 14 42 68
East of England median daily rate £445 £288 £400
Median daily rate % change year-on-year +54.78% -28.13% -17.95%
10th Percentile £288 £115 £121
90th Percentile £607 £556 £528
England median daily rate £550 £525 £516
% change year-on-year +4.76% +1.69% +3.25%
Number of hourly rates quoted 9 0 1
East of England median hourly rate £20.00 - £53.00
England median hourly rate £18.70 £15.00 £30.00
% change year-on-year +24.67% -50.00% +30.43%

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 of England with a requirement for common skills.

All General Skills
East of England
Contract vacancies with a requirement for common skills 1,362 1,702 1,341
As % of all contract IT jobs advertised in the East of England 32.02% 36.24% 30.20%
Number of daily rates quoted 816 943 832
East of England median daily rate £450 £450 £403
Median daily rate % change year-on-year - +11.73% +0.69%
10th Percentile £300 £263 £213
90th Percentile £600 £600 £544
England median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +2.86%
Number of hourly rates quoted 78 140 98
East of England median hourly rate £19.63 £35.00 £24.69
Median hourly rate % change year-on-year -43.93% +41.77% -6.40%
10th Percentile £12.25 £12.25 £11.32
90th Percentile £52.50 £49.85 £43.93
England median hourly rate £25.00 £25.00 £25.00

Banking
Job Vacancy Trend in the East of England

Job postings citing Banking as a percentage of all IT jobs advertised in the East of England.

Job vacancy trend for Banking in the East of England

Banking
Contractor Daily Rate Trend in the East of England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in the East of England.

Contractor daily rate trend for Banking in the East of England

Banking
Contractor Daily Rate Histogram in the East of England

The daily rate distribution of IT jobs citing Banking in the East of England over the 6 months to 20 February 2019.

Contractor daily rate histogram for Banking in the East of England

Banking
Contractor Hourly Rate Trend in the East of England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in the East of England.

Contractor hourly rate trend for Banking in the East of England

Banking
Contract Job Locations in the East of England

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 of England region over the 6 months to 20 February 2019. 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
Job
Vacancies
Hertfordshire +3 11 £440 +95.56% 4
Essex -6 10 £450 +291.30% 2
Cambridgeshire +7 4 £290 +5.45% 6
Norfolk -2 1 £610 +28.42%
Suffolk - 1 - - 3
Banking
England

For the 6 months to 20 February 2019, 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 of England region with a requirement for Banking.

1 19 (70.37%) Finance
2 6 (22.22%) Agile Software Development
2 6 (22.22%) Degree
3 3 (11.11%) Test Automation
3 3 (11.11%) Java
3 3 (11.11%) Problem-Solving
4 2 (7.41%) Break/Fix
4 2 (7.41%) Agile Coaching
4 2 (7.41%) Sprint Planning
4 2 (7.41%) Business Transformation
4 2 (7.41%) COBOL
4 2 (7.41%) ATM
4 2 (7.41%) B2B
4 2 (7.41%) IBM
4 2 (7.41%) Assembly Language
4 2 (7.41%) HP UFT
4 2 (7.41%) DB2
4 2 (7.41%) Windows
4 2 (7.41%) Back Office
4 2 (7.41%) JMeter
4 2 (7.41%) Video\Live Streaming
4 2 (7.41%) Hibernate
4 2 (7.41%) Scrum
4 2 (7.41%) zOS
4 2 (7.41%) Mainframe
4 2 (7.41%) Windows 7
4 2 (7.41%) Git (software)
4 2 (7.41%) Time Management
4 2 (7.41%) Video Conferencing
4 2 (7.41%) Coaching

Banking
Co-occurring IT Skills in the East of England 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 (3.70%) JBoss
1 1 (3.70%) WebLogic
1 1 (3.70%) WebSphere
Applications
1 1 (3.70%) Adobe After Effects
1 1 (3.70%) Adobe Illustrator
1 1 (3.70%) Photoshop
Business Applications
1 1 (3.70%) Cognos Business Intelligence
1 1 (3.70%) Cognos Planning
1 1 (3.70%) Cognos TM1
Communications & Networking
1 2 (7.41%) ATM
Database & Business Intelligence
1 2 (7.41%) DB2
2 1 (3.70%) Oracle Database
2 1 (3.70%) SQL Server
Development Applications
1 2 (7.41%) Git (software)
1 2 (7.41%) HP UFT
1 2 (7.41%) JIRA
1 2 (7.41%) JMeter
1 2 (7.41%) Selenium
2 1 (3.70%) Eclipse
2 1 (3.70%) Jenkins
2 1 (3.70%) Maven
General
1 19 (70.37%) Finance
2 2 (7.41%) Back Office
2 2 (7.41%) Retail Banking
3 1 (3.70%) Corporate Banking
3 1 (3.70%) Law
3 1 (3.70%) Marketing
3 1 (3.70%) Retail
3 1 (3.70%) Telecoms
Job Titles
1 9 (33.33%) Analyst
2 4 (14.81%) Developer
3 3 (11.11%) Service Analyst
3 3 (11.11%) Service Desk Analyst
4 2 (7.41%) Agile Coach
4 2 (7.41%) Audio Visual Engineer
4 2 (7.41%) Consultant
4 2 (7.41%) Designer
4 2 (7.41%) Java Developer
4 2 (7.41%) Project Manager
4 2 (7.41%) Support Analyst
4 2 (7.41%) Test Analyst
4 2 (7.41%) UX Designer
5 1 (3.70%) Accountant
5 1 (3.70%) Backend Developer
5 1 (3.70%) Business Analyst
5 1 (3.70%) Financial Accountant
5 1 (3.70%) Junior
5 1 (3.70%) Mobile Designer
5 1 (3.70%) Solutions Architect
Libraries, Frameworks & Software Standards
1 2 (7.41%) Hibernate
1 2 (7.41%) Spring
2 1 (3.70%) EJB
2 1 (3.70%) Flash
2 1 (3.70%) GWT
2 1 (3.70%) HTML
2 1 (3.70%) HTML5
2 1 (3.70%) JPA
2 1 (3.70%) JSF
2 1 (3.70%) JSP
2 1 (3.70%) Web Services
2 1 (3.70%) XML
Miscellaneous
1 2 (7.41%) IPTV
1 2 (7.41%) Mainframe
1 2 (7.41%) User Experience
1 2 (7.41%) Video Conferencing
1 2 (7.41%) Video Editing
1 2 (7.41%) Video\Live Streaming
2 1 (3.70%) Analytical Skills
2 1 (3.70%) Blackberry
2 1 (3.70%) Fintech
2 1 (3.70%) Greenfield Project
2 1 (3.70%) Mobile App
2 1 (3.70%) Self-Motivation
2 1 (3.70%) Virtual Team
Operating Systems
1 2 (7.41%) Windows
1 2 (7.41%) Windows 7
1 2 (7.41%) zOS
2 1 (3.70%) Windows 10
Processes & Methodologies
1 6 (22.22%) Agile Software Development
2 3 (11.11%) Problem-Solving
2 3 (11.11%) Test Automation
3 2 (7.41%) Agile Coaching
3 2 (7.41%) B2B
3 2 (7.41%) Break/Fix
3 2 (7.41%) Business Transformation
3 2 (7.41%) Coaching
3 2 (7.41%) Migration
3 2 (7.41%) Scrum
3 2 (7.41%) Sprint Planning
3 2 (7.41%) Test Scripting
3 2 (7.41%) Time Management
4 1 (3.70%) Business Analysis
4 1 (3.70%) Change Management
4 1 (3.70%) Data Management
4 1 (3.70%) Project Management
4 1 (3.70%) Regression Testing
4 1 (3.70%) Service Delivery
4 1 (3.70%) Technical Leadership
Programming Languages
1 3 (11.11%) Java
2 2 (7.41%) Assembly Language
2 2 (7.41%) COBOL
3 1 (3.70%) PL/SQL
3 1 (3.70%) SQL
Qualifications
1 6 (22.22%) Degree
2 1 (3.70%) SC Cleared
2 1 (3.70%) Security Cleared
Quality Assurance & Compliance
1 1 (3.70%) QA
System Software
1 1 (3.70%) Active Directory
Systems Management
1 1 (3.70%) HP Quality Center
Vendors
1 2 (7.41%) IBM
2 1 (3.70%) Apple
2 1 (3.70%) CA Agile Central
2 1 (3.70%) Cognos
2 1 (3.70%) JDA
2 1 (3.70%) Microsoft
2 1 (3.70%) Oracle
2 1 (3.70%) Perforce
2 1 (3.70%) SAP