Banking Contracts in Essex

Banking
East of England > Essex

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Essex. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 25 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 24 35 46
Rank change year-on-year +11 +11 -2
Contract jobs citing Banking 11 2 13
As % of all contract jobs advertised in Essex 4.87% 0.84% 3.30%
As % of the General category 9.17% 1.41% 5.70%
Number of daily rates quoted 8 1 12
10th Percentile £544 - £213
25th Percentile £563 £569 £273
Median daily rate (50th Percentile) £618 £588 £375
Median % change year-on-year +5.11% +56.67% -46.43%
75th Percentile £675 £606 £425
90th Percentile - - -
East of England median daily rate £588 £475 £425
% change year-on-year +23.68% +11.76% -1.45%
Number of hourly rates quoted 2 0 0
10th Percentile £86.20 - -
25th Percentile £86.50 - -
Median hourly rate £87.50 - -
75th Percentile £88.00 - -
90th Percentile - - -
East of England median hourly rate £87.00 - -

All General Skills
Essex

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 Essex with a requirement for common skills.

Contract vacancies with a requirement for common skills 120 142 228
As % of all contract IT jobs advertised in Essex 53.10% 59.41% 57.87%
Number of daily rates quoted 69 95 152
10th Percentile £250 £188 £213
25th Percentile £300 £255 £373
Median daily rate (50th Percentile) £425 £475 £485
Median % change year-on-year -10.53% -2.06% +7.78%
75th Percentile £588 £533 £575
90th Percentile £640 £618 £630
East of England median daily rate £475 £488 £450
% change year-on-year -2.56% +8.33% +5.88%
Number of hourly rates quoted 17 9 14
10th Percentile £10.42 £20.79 £12.95
25th Percentile £16.75 £22.50 £14.94
Median hourly rate £35.65 £44.53 £20.50
Median % change year-on-year -19.94% +117.22% -22.22%
75th Percentile £64.25 £62.50 £42.20
90th Percentile £73.75 £76.61 £62.30
East of England median hourly rate £38.12 £21.00 £14.50
% change year-on-year +81.52% +44.83% -3.33%

Banking
Job Vacancy Trend in Essex

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

Job vacancy trend for Banking in Essex

Banking
Contractor Daily Rate Trend in Essex

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

Daily rate trend for Banking in Essex

Banking
Daily Rate Histogram in Essex

Daily rate distribution for jobs citing Banking in Essex over the 6 months to 25 April 2024.

Daily rate histogram for Banking in Essex

Banking
Contractor Hourly Rate Trend in Essex

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

Hourly rate trend for Banking in Essex

Banking
Contract Job Locations in Essex

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Essex region over the 6 months to 25 April 2024. 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
Basildon - 6 £625 -
Brentwood - 1 £600 -
Banking
East of England

Banking
Co-occurring Skills and Capabilities in Essex by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Cloud Services
1 7 (63.64%) GCP
2 6 (54.55%) Cloud Computing
General
1 8 (72.73%) Finance
2 6 (54.55%) Analytical Skills
3 2 (18.18%) Inclusion and Diversity
3 2 (18.18%) Retail Banking
4 1 (9.09%) Automotive
4 1 (9.09%) Financial Institution
Job Titles
1 7 (63.64%) Architect
2 6 (54.55%) Solutions Architect
3 3 (27.27%) Enterprise Architect
4 2 (18.18%) Banking Project Manager
4 2 (18.18%) Consultant
4 2 (18.18%) Enterprise Solutions Architect
4 2 (18.18%) Migration Manager
4 2 (18.18%) Migration Project Manager
4 2 (18.18%) Project Manager
5 1 (9.09%) Cloud Architect
5 1 (9.09%) Cloud Solutions Architect
5 1 (9.09%) Enterprise Technical Architect
5 1 (9.09%) GCP Architect
5 1 (9.09%) Migration Architect
5 1 (9.09%) Programmer
5 1 (9.09%) Solutions Architect - Google Cloud Platform
5 1 (9.09%) Systems Programmer
5 1 (9.09%) Technical Architect
5 1 (9.09%) Technical Solutions Architect
Miscellaneous
1 8 (72.73%) Legacy Systems
2 2 (18.18%) Cloud Native
Operating Systems
1 1 (9.09%) zOS
Processes & Methodologies
1 10 (90.91%) Migration
2 8 (72.73%) Business Strategy
2 8 (72.73%) Roadmaps
2 8 (72.73%) Technical Leadership
2 8 (72.73%) TOGAF
3 7 (63.64%) Computer Science
3 7 (63.64%) Data Science
3 7 (63.64%) Enterprise Architecture
3 7 (63.64%) Fintech
3 7 (63.64%) Zachman Framework
4 6 (54.55%) Agile
4 6 (54.55%) DevOps
4 6 (54.55%) Identity Management
4 6 (54.55%) Problem-Solving
4 6 (54.55%) Scaled Agile Framework
4 6 (54.55%) Technology Transformation
5 2 (18.18%) Microservices
5 2 (18.18%) Project Management
6 1 (9.09%) Product Strategy
Programming Languages
1 7 (63.64%) Java
Qualifications
1 7 (63.64%) Computer Science Degree
1 7 (63.64%) Degree
Vendors
1 7 (63.64%) Google
2 1 (9.09%) Microsoft