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 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.
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.
Banking Contractor Daily Rate Trend in England
3-month moving average daily rate quoted in jobs citing 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.
Banking Contractor Hourly Rate Trend in England
3-month moving average hourly rates quoted in jobs citing 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.
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
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.
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:
