Period
to

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 27 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.

Banking
England > East of England
6 months to
27 May 2022
Same period 2021 Same period 2020
Rank 122 105 111
Rank change year-on-year -17 +6 +40
Contract jobs citing Banking 20 9 16
As % of all contract jobs advertised in the East of England 0.78% 0.50% 0.66%
As % of the General category 1.33% 1.03% 1.38%
Number of daily rates quoted 19 5 13
10th Percentile £213 - £233
25th Percentile £363 £375 £280
Median daily rate (50th Percentile) £425 £431 £395
Median % change year-on-year -1.45% +9.18% -7.06%
75th Percentile £459 £600 £438
90th Percentile £478 £660 -
England median daily rate £640 £575 £550
% change year-on-year +11.30% +4.55% -
Number of hourly rates quoted 0 0 2
Median hourly rate - - £66.00
England median hourly rate £23.91 £14.03 £16.95
% change year-on-year +70.42% -17.23% -15.25%

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 1,506 873 1,160
As % of all contract IT jobs advertised in the East of England 58.97% 48.72% 47.99%
Number of daily rates quoted 778 429 651
10th Percentile £181 £147 £185
25th Percentile £315 £263 £312
Median daily rate (50th Percentile) £475 £425 £425
Median % change year-on-year +11.76% - -5.56%
75th Percentile £552 £535 £513
90th Percentile £650 £600 £595
England median daily rate £550 £500 £475
% change year-on-year +10.00% +5.26% -
Number of hourly rates quoted 333 177 104
10th Percentile £12.50 £12.25 £12.13
25th Percentile £13.25 £12.50 £13.50
Median hourly rate £15.00 £15.00 £17.10
Median % change year-on-year - -12.28% +3.64%
75th Percentile £30.00 £22.50 £26.13
90th Percentile £56.00 £46.00 £51.38
England median hourly rate £21.50 £21.15 £19.90
% change year-on-year +1.65% +6.28% +3.48%

Banking
Job Vacancy Trend in the East of England

Job postings citing Banking as a proportion 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

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

Daily rate trend for Banking in the East of England

Banking
Daily Rate Histogram in the East of England

Daily rate distribution for jobs citing Banking in the East of England over the 6 months to 27 May 2022.

Daily rate histogram for Banking in the East of England

Banking
Contractor Hourly Rate Trend in the East of England

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

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 27 May 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
Essex -2 10 £375 -46.43% 5
Cambridgeshire -28 4 £425 -
Hertfordshire -6 2 £330 -17.50% 3
Bedfordshire -12 2 £463 -
Suffolk - 2 £468 -
Banking
England

For the 6 months to 27 May 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 of England region with a requirement for Banking.

1 11 (55.00%) Agile
2 7 (35.00%) Finance
2 7 (35.00%) DevOps
2 7 (35.00%) Social Skills
3 6 (30.00%) Security Cleared
3 6 (30.00%) Microsoft
4 5 (25.00%) Scrum
4 5 (25.00%) Azure
5 4 (20.00%) Blazor
5 4 (20.00%) Azure Cosmos DB
5 4 (20.00%) .NET Core
5 4 (20.00%) ASP.NET Core
5 4 (20.00%) Postman
5 4 (20.00%) Data Management
5 4 (20.00%) Software Engineering
5 4 (20.00%) Web Development
5 4 (20.00%) ReSharper
5 4 (20.00%) Fiddler
5 4 (20.00%) .NET
5 4 (20.00%) SQL Server
5 4 (20.00%) C#
5 4 (20.00%) Java
5 4 (20.00%) ASP.NET
6 3 (15.00%) JavaScript
6 3 (15.00%) TCP/IP
6 3 (15.00%) CCNP
6 3 (15.00%) Cisco
6 3 (15.00%) Firewall
6 3 (15.00%) Juniper
6 3 (15.00%) Cisco Certification

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 (5.00%) Confluence
Applications
1 1 (5.00%) Microsoft Excel
1 1 (5.00%) Microsoft Office
Cloud Services
1 5 (25.00%) Azure
2 4 (20.00%) Azure Cosmos DB
3 1 (5.00%) AWS
3 1 (5.00%) Azure ExpressRoute
3 1 (5.00%) Virtual Private Cloud
Communications & Networking
1 3 (15.00%) Firewall
1 3 (15.00%) TCP/IP
2 2 (10.00%) Intrusion Detection
3 1 (5.00%) BGP
3 1 (5.00%) DWDM
3 1 (5.00%) EIGRP
3 1 (5.00%) HSRP
3 1 (5.00%) MPLS
3 1 (5.00%) OSPF
3 1 (5.00%) RIP
3 1 (5.00%) SSL
3 1 (5.00%) VPN
Database & Business Intelligence
1 4 (20.00%) SQL Server
2 1 (5.00%) SQL Server Analysis Services
2 1 (5.00%) SQL Server Integration Services
2 1 (5.00%) SQL Server Reporting Services
Development Applications
1 4 (20.00%) Fiddler
1 4 (20.00%) Postman
1 4 (20.00%) ReSharper
2 1 (5.00%) JIRA
General
1 7 (35.00%) Finance
1 7 (35.00%) Social Skills
2 2 (10.00%) Telecoms
3 1 (5.00%) Analytical Skills
3 1 (5.00%) Documentation Skills
3 1 (5.00%) Investment Banking
3 1 (5.00%) Legal
3 1 (5.00%) Retail Banking
Job Titles
1 12 (60.00%) Developer
2 4 (20.00%) .NET Developer
2 4 (20.00%) Java Developer
3 3 (15.00%) Designer
3 3 (15.00%) React Developer
3 3 (15.00%) Senior Designer
3 3 (15.00%) Senior Developer
3 3 (15.00%) Senior React Developer
4 2 (10.00%) Analyst
4 2 (10.00%) Junior
4 2 (10.00%) Junior .NET Developer
4 2 (10.00%) Junior Developer
4 2 (10.00%) SOC Engineer
5 1 (5.00%) Business Analyst
5 1 (5.00%) KYC Analyst
5 1 (5.00%) Network Engineer
5 1 (5.00%) Programme Planner
5 1 (5.00%) Project Manager
5 1 (5.00%) Senior Network Engineer
5 1 (5.00%) SQL Developer
Libraries, Frameworks & Software Standards
1 4 (20.00%) .NET
1 4 (20.00%) .NET Core
1 4 (20.00%) ASP.NET
1 4 (20.00%) ASP.NET Core
1 4 (20.00%) Blazor
2 3 (15.00%) Jest
2 3 (15.00%) JWT
2 3 (15.00%) Node.js
2 3 (15.00%) OAuth
2 3 (15.00%) OAuth2
2 3 (15.00%) React
3 1 (5.00%) Express
Miscellaneous
1 2 (10.00%) CMDB
1 2 (10.00%) Cyberattack
1 2 (10.00%) Data Centre
1 2 (10.00%) Security Operations Centre
2 1 (5.00%) Data Protection Act
2 1 (5.00%) Hedge funds
2 1 (5.00%) Management Information System
Processes & Methodologies
1 11 (55.00%) Agile
2 7 (35.00%) DevOps
3 5 (25.00%) Scrum
4 4 (20.00%) Data Management
4 4 (20.00%) Software Engineering
4 4 (20.00%) Web Development
5 3 (15.00%) SDLC
5 3 (15.00%) Wireframes
6 2 (10.00%) Data Loss Prevention
6 2 (10.00%) Information Assurance
6 2 (10.00%) ITIL
6 2 (10.00%) Line Management
6 2 (10.00%) Network Architecture
6 2 (10.00%) Risk Assessment
6 2 (10.00%) Security Architecture
6 2 (10.00%) Security Monitoring
6 2 (10.00%) Security Operations
6 2 (10.00%) SIEM
6 2 (10.00%) Threat Management
6 2 (10.00%) Use Case
Programming Languages
1 4 (20.00%) C#
1 4 (20.00%) Java
2 3 (15.00%) JavaScript
2 3 (15.00%) TypeScript
3 2 (10.00%) Perl
3 2 (10.00%) PowerShell
3 2 (10.00%) Python
4 1 (5.00%) C
4 1 (5.00%) SQL
Qualifications
1 6 (30.00%) Security Cleared
2 3 (15.00%) CCNP
2 3 (15.00%) Cisco Certification
3 2 (10.00%) CISSP
3 2 (10.00%) MCSE
3 2 (10.00%) Microsoft Certification
3 2 (10.00%) SC Cleared
4 1 (5.00%) Computer Science Degree
4 1 (5.00%) Degree
Quality Assurance & Compliance
1 2 (10.00%) GPG13
1 2 (10.00%) ISO/IEC 27001
1 2 (10.00%) NIST
1 2 (10.00%) NIST 800
Systems Management
1 2 (10.00%) Kubernetes
1 2 (10.00%) Nexpose
1 2 (10.00%) QRadar
2 1 (5.00%) HP NNM
Vendors
1 6 (30.00%) Microsoft
2 3 (15.00%) Cisco
2 3 (15.00%) Juniper
3 2 (10.00%) Forcepoint
4 1 (5.00%) F5
4 1 (5.00%) HP