Period
to

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 4 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
UK > England
6 months to
4 Jul 2022
Same period 2021 Same period 2020
Rank 22 21 29
Rank change year-on-year -1 +8 -3
Contract jobs citing Banking 5,792 4,022 2,336
As % of all contract jobs advertised in England 7.98% 7.63% 6.33%
As % of the General category 13.84% 14.31% 12.25%
Number of daily rates quoted 3,906 2,911 1,697
10th Percentile £440 £383 £360
25th Percentile £525 £463 £450
Median daily rate (50th Percentile) £650 £595 £563
Median % change year-on-year +9.24% +5.78% +2.27%
75th Percentile £763 £688 £675
90th Percentile £850 £756 £750
UK median daily rate £625 £575 £550
% change year-on-year +8.70% +4.55% +4.76%
Number of hourly rates quoted 19 28 18
10th Percentile £15.73 £10.97 £12.41
25th Percentile £23.25 £11.34 £13.74
Median hourly rate £27.50 £14.03 £18.75
Median % change year-on-year +96.01% -25.17% -6.25%
75th Percentile £48.00 £16.45 £23.89
90th Percentile £66.85 £18.38 £65.21
UK median hourly rate £32.50 £14.03 £19.00
% change year-on-year +131.65% -26.16% -5.00%

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 England with a requirement for common skills.

All General Skills
England
Contract vacancies with a requirement for common skills 41,844 28,104 19,073
As % of all contract IT jobs advertised in England 57.69% 53.29% 51.69%
Number of daily rates quoted 29,443 18,980 12,719
10th Percentile £325 £306 £270
25th Percentile £445 £405 £388
Median daily rate (50th Percentile) £550 £500 £488
Median % change year-on-year +10.00% +2.56% +2.63%
75th Percentile £663 £619 £600
90th Percentile £772 £706 £700
UK median daily rate £550 £500 £475
% change year-on-year +10.00% +5.26% -
Number of hourly rates quoted 1,296 1,073 726
10th Percentile £13.00 £11.70 £12.28
25th Percentile £15.25 £14.00 £14.50
Median hourly rate £23.31 £20.94 £20.00
Median % change year-on-year +11.34% +4.68% -
75th Percentile £47.50 £41.36 £39.31
90th Percentile £60.75 £55.00 £52.50
UK median hourly rate £24.05 £21.00 £20.00
% change year-on-year +14.52% +5.00% +2.56%

Banking
Job Vacancy Trend in England

Job postings citing Banking as a proportion of all IT jobs advertised in England.

Job vacancy trend for Banking in England

Banking
Contractor Daily Rate Trend in England

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

Daily rate trend for Banking in England

Banking
Daily Rate Histogram in England

Daily rate distribution for jobs citing Banking in England over the 6 months to 4 July 2022.

Daily rate histogram for Banking in England

Banking
Contractor Hourly Rate Trend in England

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

Hourly rate trend for Banking in England

Banking
Hourly Rate Histogram in England

Hourly rate distribution of jobs citing Banking in England over the 6 months to 4 July 2022.

Hourly rate histogram for Banking in England

Banking
Contract Job Locations in 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 England region over the 6 months to 4 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
London -1 4,988 £650 +8.33% 358
North of England +10 335 £500 +11.11% 56
North West -3 177 £500 +9.59% 32
Yorkshire +27 154 £500 +11.11% 17
South West +18 97 £503 +9.84% 16
South East -47 92 £550 +11.96% 27
Midlands -55 83 £525 +32.58% 14
West Midlands -29 64 £525 +49.47% 10
East Midlands -42 19 £430 +8.59% 3
East of England -10 15 £450 -30.77% 1
North East -8 4 £550 +47.65% 7
Banking
UK

For the 6 months to 4 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 England region with a requirement for Banking.

1 3,111 (53.71%) Finance
2 1,840 (31.77%) Agile
3 1,830 (31.60%) Investment Banking
4 1,471 (25.40%) Social Skills
5 1,184 (20.44%) Java
6 1,147 (19.80%) SQL
7 888 (15.33%) Python
8 812 (14.02%) DevOps
9 785 (13.55%) Front Office
10 667 (11.52%) Change Management
11 657 (11.34%) Azure
12 642 (11.08%) Analytical Skills
13 640 (11.05%) CI/CD
14 639 (11.03%) Problem-Solving
15 634 (10.95%) C#
16 542 (9.36%) Oracle
17 520 (8.98%) JIRA
18 514 (8.87%) Stakeholder Management
19 485 (8.37%) .NET
20 484 (8.36%) Project Management
21 479 (8.27%) Scrum
22 462 (7.98%) Microservices
23 451 (7.79%) SQL Server
24 450 (7.77%) Microsoft
25 445 (7.68%) Digital Transformation Programme
26 442 (7.63%) AWS
27 432 (7.46%) JavaScript
28 421 (7.27%) Linux
29 418 (7.22%) Windows
30 417 (7.20%) Migration

Banking
Co-occurring IT Skills in 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
1 240 (4.14%) Confluence
2 122 (2.11%) Apache Spark
3 115 (1.99%) SharePoint
4 60 (1.04%) Apache
5 50 (0.86%) Mule
6 46 (0.79%) SAS
7 43 (0.74%) WebSphere
8 36 (0.62%) Red Hat Fuse
9 35 (0.60%) Tomcat
10 34 (0.59%) CMS
10 34 (0.59%) JBoss
11 21 (0.36%) IIS
12 17 (0.29%) WebLogic
13 16 (0.28%) Oracle Coherence
14 15 (0.26%) Oracle SOA Suite
15 14 (0.24%) MQSeries
15 14 (0.24%) nginx
16 13 (0.22%) CICS
16 13 (0.22%) Cloud Foundry
17 11 (0.19%) Apache Solr
Applications
1 213 (3.68%) Microsoft Excel
2 104 (1.80%) Microsoft Office
3 74 (1.28%) Microsoft PowerPoint
4 68 (1.17%) MS Visio
5 40 (0.69%) Microsoft Project
6 26 (0.45%) Spreadsheet
7 24 (0.41%) Sketch
8 10 (0.17%) InVision
9 7 (0.12%) Adobe Creative Suite
10 5 (0.086%) Chatbot
11 3 (0.052%) Adobe Illustrator
11 3 (0.052%) Photoshop
12 2 (0.035%) Acrobat
12 2 (0.035%) Adobe XD
12 2 (0.035%) InDesign
12 2 (0.035%) Open Workbench
13 1 (0.017%) UserZoom
13 1 (0.017%) Zeplin
Business Applications
1 25 (0.43%) ION MarketView
2 18 (0.31%) Dynamics CRM
3 16 (0.28%) Fidessa
4 14 (0.24%) Temenos T24
5 12 (0.21%) HiPortfolio
6 11 (0.19%) Misys Midas
6 11 (0.19%) SAP FI
7 9 (0.16%) PeopleSoft HRMS
7 9 (0.16%) SAP CO
7 9 (0.16%) SAP FI/CO
8 8 (0.14%) Eikon
8 8 (0.14%) Oracle Applications
8 8 (0.14%) VisionPLUS
9 7 (0.12%) Actimize
9 7 (0.12%) Finacle
9 7 (0.12%) SAP Oil and Gas
9 7 (0.12%) SunGard Martini
10 6 (0.10%) Findur
10 6 (0.10%) Oracle Payables
11 5 (0.086%) Oracle BPM
Cloud Services
1 657 (11.34%) Azure
2 442 (7.63%) AWS
3 317 (5.47%) GCP
4 130 (2.24%) Power Platform
5 107 (1.85%) GitHub
5 107 (1.85%) Microsoft 365
5 107 (1.85%) SaaS
6 92 (1.59%) PaaS
7 81 (1.40%) Azure DevOps
8 77 (1.33%) Serverless
9 76 (1.31%) IaaS
10 51 (0.88%) OpenShift
11 49 (0.85%) Google Kubernetes Engine
12 48 (0.83%) Azure Data Factory
13 45 (0.78%) Azure AKS
14 40 (0.69%) PowerApps
15 38 (0.66%) AWS Lambda
16 33 (0.57%) Amazon EKS
16 33 (0.57%) Power Automate
17 31 (0.54%) Figma
Communications & Networking
1 132 (2.28%) Firewall
2 73 (1.26%) Network Security
3 70 (1.21%) TCP/IP
4 61 (1.05%) SAN
5 59 (1.02%) DNS
6 39 (0.67%) Multicast
7 35 (0.60%) HTTP
8 33 (0.57%) VPN
9 31 (0.54%) Internet
10 30 (0.52%) SSL
11 27 (0.47%) NAS
12 26 (0.45%) DHCP
13 25 (0.43%) BGP
13 25 (0.43%) HTTPS
13 25 (0.43%) LAN
14 23 (0.40%) OSPF
15 20 (0.35%) RTMP
15 20 (0.35%) WAN
15 20 (0.35%) Wireless
16 19 (0.33%) MPLS
Database & Business Intelligence
1 451 (7.79%) SQL Server
2 225 (3.88%) Relational Database
3 170 (2.94%) Data Warehouse
4 157 (2.71%) Big Data
5 139 (2.40%) NoSQL
6 116 (2.00%) MongoDB
7 113 (1.95%) Oracle Database
8 102 (1.76%) Power BI
9 84 (1.45%) PostgreSQL
10 77 (1.33%) Hadoop
11 76 (1.31%) MySQL
12 71 (1.23%) Tableau
13 68 (1.17%) DB2
14 63 (1.09%) Data Lake
15 59 (1.02%) SQL Server Integration Services
16 56 (0.97%) RDBMS
17 48 (0.83%) SQL Server Reporting Services
18 43 (0.74%) Oracle Database 12c
19 39 (0.67%) Metadata
20 35 (0.60%) Redis
Development Applications
1 520 (8.98%) JIRA
2 404 (6.98%) Jenkins
3 396 (6.84%) Git (software)
4 215 (3.71%) TeamCity
5 203 (3.50%) Maven
6 97 (1.67%) GitLab
7 94 (1.62%) Cucumber
8 91 (1.57%) Selenium
9 85 (1.47%) Bitbucket
10 77 (1.33%) Visual Studio
11 73 (1.26%) Subversion
12 69 (1.19%) Gradle
13 65 (1.12%) Artifactory
14 52 (0.90%) JUnit
15 46 (0.79%) Sonatype Nexus
16 39 (0.67%) Postman
17 36 (0.62%) webpack
18 34 (0.59%) Eclipse
19 26 (0.45%) IntelliJ
20 23 (0.40%) Robot Framework
General
1 3,111 (53.71%) Finance
2 1,830 (31.60%) Investment Banking
3 1,471 (25.40%) Social Skills
4 785 (13.55%) Front Office
5 642 (11.08%) Analytical Skills
6 304 (5.25%) Retail Banking
7 243 (4.20%) Retail
8 163 (2.81%) Presentation Skills
9 143 (2.47%) Legal
10 138 (2.38%) Corporate Banking
11 128 (2.21%) Financial Institution
12 89 (1.54%) Back Office
13 85 (1.47%) Influencing Skills
14 82 (1.42%) Organisational Skills
15 69 (1.19%) International Banking
16 45 (0.78%) Documentation Skills
17 41 (0.71%) Marketing
17 41 (0.71%) Telecoms
18 38 (0.66%) Law
19 32 (0.55%) Private Banking
Job Titles
1 1,840 (31.77%) Developer
2 898 (15.50%) Analyst
3 585 (10.10%) Java Developer
4 563 (9.72%) Architect
5 528 (9.12%) Business Analyst
6 456 (7.87%) Project Manager
7 354 (6.11%) Senior Developer
8 279 (4.82%) C# Developer
9 275 (4.75%) Banking Analyst
10 225 (3.88%) Solutions Architect
11 224 (3.87%) Python Developer
12 168 (2.90%) Senior Java Developer
13 159 (2.75%) DevOps Engineer
14 126 (2.18%) Banking Business Analyst
15 121 (2.09%) Banking Project Manager
15 121 (2.09%) Data Engineer
16 120 (2.07%) React Developer
17 119 (2.05%) C++ Developer
17 119 (2.05%) Electronic Trading Developer
18 117 (2.02%) .NET Developer
Libraries, Frameworks & Software Standards
1 485 (8.37%) .NET
2 380 (6.56%) Spring
3 311 (5.37%) React
4 250 (4.32%) HTML
5 234 (4.04%) REST
6 214 (3.69%) Spring Boot
7 206 (3.56%) CSS
8 205 (3.54%) Kafka
9 193 (3.33%) AngularJS
10 188 (3.25%) RESTful
10 188 (3.25%) XML
11 141 (2.43%) Middleware
12 134 (2.31%) Node.js
12 134 (2.31%) Web Services
13 131 (2.26%) .NET Framework
14 129 (2.23%) JSON
15 119 (2.05%) HTML5
16 114 (1.97%) WPF
17 98 (1.69%) .NET Core
18 84 (1.45%) Hibernate
Miscellaneous
1 383 (6.61%) Foreign Exchange (FX)
2 287 (4.96%) Fixed Income
3 260 (4.49%) Derivative
4 189 (3.26%) User Experience
5 142 (2.45%) Algorithms
6 132 (2.28%) Data Protection Act
7 119 (2.05%) Greenfield Project
8 117 (2.02%) Credit Risk
9 116 (2.00%) Management Information System
10 112 (1.93%) Equities
11 108 (1.86%) Public Cloud
12 103 (1.78%) Market Risk
13 102 (1.76%) Data Structures
14 100 (1.73%) Data Centre
14 100 (1.73%) Virtual Team
15 93 (1.61%) Self-Motivation
16 89 (1.54%) Mobile App
17 85 (1.47%) Enterprise Software
18 64 (1.10%) SWIFT
19 55 (0.95%) Hedge funds
Operating Systems
1 421 (7.27%) Linux
2 418 (7.22%) Windows
3 289 (4.99%) Unix
4 88 (1.52%) Red Hat Enterprise Linux
5 82 (1.42%) Android
6 79 (1.36%) Apple iOS
7 75 (1.29%) Windows Server
8 54 (0.93%) Windows 10
9 21 (0.36%) VMS
10 14 (0.24%) Solaris
10 14 (0.24%) Windows 7
11 11 (0.19%) zOS
12 9 (0.16%) AIX
12 9 (0.16%) Windows Server 2012
13 7 (0.12%) Windows Server 2016
14 6 (0.10%) Mac OS
15 4 (0.069%) CentOS
15 4 (0.069%) SUSE
15 4 (0.069%) Ubuntu
15 4 (0.069%) Windows Server 2008
Processes & Methodologies
1 1,840 (31.77%) Agile
2 812 (14.02%) DevOps
3 667 (11.52%) Change Management
4 640 (11.05%) CI/CD
5 639 (11.03%) Problem-Solving
6 514 (8.87%) Stakeholder Management
7 484 (8.36%) Project Management
8 479 (8.27%) Scrum
9 462 (7.98%) Microservices
10 445 (7.68%) Digital Transformation Programme
11 417 (7.20%) Migration
12 394 (6.80%) Test Automation
13 380 (6.56%) Electronic Trading
14 363 (6.27%) Analytics
15 359 (6.20%) TDD
16 350 (6.04%) Multithreading
17 332 (5.73%) Risk Management
18 313 (5.40%) SDLC
19 310 (5.35%) Decision-Making
20 291 (5.02%) Business Analysis
Programming Languages
1 1,184 (20.44%) Java
2 1,147 (19.80%) SQL
3 888 (15.33%) Python
4 634 (10.95%) C#
5 432 (7.46%) JavaScript
6 274 (4.73%) C++
7 181 (3.13%) TypeScript
8 177 (3.06%) PowerShell
9 170 (2.94%) Scala
10 113 (1.95%) PL/SQL
11 101 (1.74%) Bash
12 94 (1.62%) T-SQL
13 88 (1.52%) Shell Script
14 75 (1.29%) VBA
15 73 (1.26%) C
16 57 (0.98%) Go
17 56 (0.97%) Kotlin
18 52 (0.90%) Perl
19 42 (0.73%) Groovy
20 34 (0.59%) VB
Qualifications
1 271 (4.68%) Degree
2 75 (1.29%) Computer Science Degree
3 55 (0.95%) CISSP
4 33 (0.57%) CISM
5 31 (0.54%) ITIL Certification
5 31 (0.54%) Master's Degree
6 30 (0.52%) Numerate Degree
7 25 (0.43%) PMI Certification
7 25 (0.43%) Security Cleared
8 24 (0.41%) PMP
9 23 (0.40%) CISA
9 23 (0.40%) Cisco Certification
10 21 (0.36%) SC Cleared
11 20 (0.35%) CFA
12 16 (0.28%) AWS Certification
13 13 (0.22%) Microsoft Certification
13 13 (0.22%) TOGAF Certification
14 12 (0.21%) PhD
15 10 (0.17%) CCNP
15 10 (0.17%) MBA
Quality Assurance & Compliance
1 198 (3.42%) QA
2 110 (1.90%) PMO
3 70 (1.21%) Data Quality
4 67 (1.16%) GDPR
5 46 (0.79%) ISO/IEC 27001
6 43 (0.74%) MiFID
7 36 (0.62%) SLA
8 34 (0.59%) Accessibility
9 30 (0.52%) ISO 20022
9 30 (0.52%) NIST
10 28 (0.48%) IFRS
11 25 (0.43%) EMIR
12 22 (0.38%) GRC
13 20 (0.35%) SEPA
14 17 (0.29%) Sarbanes-Oxley
15 15 (0.26%) WCAG
16 13 (0.22%) COBIT
16 13 (0.22%) GAAP
17 12 (0.21%) FRS 29
17 12 (0.21%) PCI DSS
System Software
1 359 (6.20%) Docker
2 118 (2.04%) Active Directory
3 84 (1.45%) VMware Infrastructure
4 31 (0.54%) vSphere
5 25 (0.43%) Virtual Machines
6 21 (0.36%) VMware ESXi
7 17 (0.29%) HDFS
8 14 (0.24%) Oracle RAC
8 14 (0.24%) Virtual Desktop
9 10 (0.17%) Hyper-V
9 10 (0.17%) Microsoft App-V
9 10 (0.17%) Veritas Volume Manager
10 9 (0.16%) Veritas Cluster Server
10 9 (0.16%) XenApp
11 8 (0.14%) XenDesktop
12 7 (0.12%) ProxySG
13 6 (0.10%) NFS
14 5 (0.086%) GridGain
14 5 (0.086%) Virtual Servers
15 4 (0.069%) Apache ZooKeeper
Systems Management
1 390 (6.73%) Kubernetes
2 225 (3.88%) Ansible
3 224 (3.87%) Terraform
4 48 (0.83%) Puppet
5 47 (0.81%) ITRS Geneos
6 41 (0.71%) SCCM
7 37 (0.64%) Single Sign-On
8 35 (0.60%) Grafana
9 33 (0.57%) BladeLogic
10 24 (0.41%) Istio
10 24 (0.41%) Kibana
11 23 (0.40%) Control-M
11 23 (0.40%) Opscode Chef
12 18 (0.31%) Consul
13 17 (0.29%) Packer
13 17 (0.29%) vCenter Server
14 16 (0.28%) Active Directory Federation Services
14 16 (0.28%) CA Single Sign-On
15 15 (0.26%) NetBackup
15 15 (0.26%) Tivoli Storage Manager
Vendors
1 542 (9.36%) Oracle
2 450 (7.77%) Microsoft
3 155 (2.68%) Google
4 119 (2.05%) IBM
5 110 (1.90%) Splunk
6 104 (1.80%) Databricks
7 98 (1.69%) VMware
8 95 (1.64%) Cisco
9 91 (1.57%) TIBCO
10 88 (1.52%) Bloomberg
11 72 (1.24%) Sybase
12 68 (1.17%) ServiceNow
13 67 (1.16%) Red Hat
14 55 (0.95%) SAP
15 53 (0.92%) Citrix
15 53 (0.92%) DevExpress
16 49 (0.85%) Reuters
17 45 (0.78%) ION Trading
18 40 (0.69%) HP
19 39 (0.67%) Salesforce.com