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 3 months to 26 June 2017 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
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 69 50 42
Rank change year-on-year -19 -8  
Contract jobs citing Banking 3 6 20
As % of all contract IT jobs advertised in Essex 0.69% 1.27% 3.12%
As % of the General category 1.95% 3.11% 7.91%
Number of daily rates quoted 3 5 15
Median daily rate £550 £363 £525
Median daily rate % change year-on-year +51.72% -30.95%  
UK excluding London median daily rate £413 £410 £400
% change year-on-year +0.60% +2.50%  
Number of hourly rates quoted 0 1 1
Median hourly rate - £29.50 £42.00
Median hourly rate % change year-on-year - -29.76%  
UK excluding London median hourly rate £13.00 £9.82 £10.44
% change year-on-year +32.45% -5.98%  

Banking is in the common skills category. The next 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.

General Skills
Essex
Contract job vacancies with a requirement for common skills 154 193 253
As % of all contract IT job vacancies advertised in Essex 35.48% 40.89% 39.41%
Number of daily rates quoted 104 71 152
Median daily rate £538 £400 £400
Median daily rate % change year-on-year +34.37% -  
90% offered a daily rate of more than £430 £249 £260
10% offered a daily rate of more than £613 £500 £625
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 12 65 27
Median hourly rate £40.00 £19.00 £19.00
Median hourly rate % change year-on-year +110.52% -  
90% offered a hourly rate of more than £32.25 £16.50 £16.50
10% offered a hourly rate of more than £47.65 £40.00 £45.20
UK excluding London median hourly rate £30.00 £25.00 £22.50
% change year-on-year +20.00% +11.11%  

Banking
Job Vacancy Trend in Essex

The job posting trend of jobs advertised in Essex citing Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Banking in Essex

Banking
Contractor Daily Rate Trend in Essex

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

Contractor daily rate trend for Banking in Essex

Banking
Contractor Hourly Rate Trend in Essex

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

Contractor hourly rate trend for Banking in Essex

For the 6 months to 26 June 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Essex region with a requirement for Banking.

1 11 (91.67%) Finance
2 7 (58.33%) C#
2 7 (58.33%) SQL
2 7 (58.33%) ITIL
3 6 (50.00%) Microsoft
4 5 (41.67%) .NET
4 5 (41.67%) SQL Server
4 5 (41.67%) Enterprise Architecture
4 5 (41.67%) Telecoms
5 4 (33.33%) SQL Server 2008
5 4 (33.33%) QlikView
5 4 (33.33%) SQL Server Analysis Services
5 4 (33.33%) Agile Software Development
5 4 (33.33%) SQL Server Reporting Services
5 4 (33.33%) SQL Server Integration Services
5 4 (33.33%) T-SQL
5 4 (33.33%) VBScript
5 4 (33.33%) ETL
5 4 (33.33%) Business Intelligence
5 4 (33.33%) Performance Tuning
6 3 (25.00%) IT Strategy
6 3 (25.00%) Business Continuity Management
6 3 (25.00%) LAN
6 3 (25.00%) WAN
6 3 (25.00%) CISSP
6 3 (25.00%) Microsoft Certification
6 3 (25.00%) CISM
6 3 (25.00%) SSCP
6 3 (25.00%) Mainframe
6 3 (25.00%) Data Security

Banking
Co-occurring IT Skills in Essex 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 2 (16.67%) MS Exchange
1 2 (16.67%) Oracle SOA Suite
2 1 (8.33%) Exchange Server 2010
Applications
1 2 (16.67%) Microsoft Excel
1 2 (16.67%) MS Visio
Business Applications
1 1 (8.33%) Remedy ITSM
Cloud Services
1 1 (8.33%) Microsoft Azure
1 1 (8.33%) Office 365
Communications & Networking
1 3 (25.00%) LAN
1 3 (25.00%) WAN
2 1 (8.33%) SAN
Database & Business Intelligence
1 5 (41.67%) SQL Server
2 4 (33.33%) QlikView
2 4 (33.33%) SQL Server 2008
2 4 (33.33%) SQL Server Analysis Services
2 4 (33.33%) SQL Server Integration Services
2 4 (33.33%) SQL Server Reporting Services
3 2 (16.67%) Data Warehouse
3 2 (16.67%) OLAP
3 2 (16.67%) OLTP
General
1 11 (91.67%) Finance
2 5 (41.67%) Telecoms
3 2 (16.67%) Retail
Job Titles
1 4 (33.33%) Developer
1 4 (33.33%) ETL Developer
2 3 (25.00%) IT Security Officer
2 3 (25.00%) Security Officer
3 2 (16.67%) SSIS Developer
4 1 (8.33%) Analyst
4 1 (8.33%) Business Analyst
4 1 (8.33%) Infrastructure Engineer
4 1 (8.33%) ITIL Business Analyst
4 1 (8.33%) ITSM Analyst
4 1 (8.33%) Senior Analyst
4 1 (8.33%) Senior Business Analyst
4 1 (8.33%) SSAS Developer
4 1 (8.33%) SSRS Developer
Libraries, Frameworks & Software Standards
1 5 (41.67%) .NET
2 2 (16.67%) MDX
Miscellaneous
1 3 (25.00%) Mainframe
1 3 (25.00%) Management Information System
2 2 (16.67%) Analytical Skills
3 1 (8.33%) Clustering
Operating Systems
1 1 (8.33%) Windows
1 1 (8.33%) Windows Server
Processes & Methodologies
1 7 (58.33%) ITIL
2 5 (41.67%) Enterprise Architecture
3 4 (33.33%) Agile Software Development
3 4 (33.33%) Business Intelligence
3 4 (33.33%) ETL
3 4 (33.33%) Performance Tuning
4 3 (25.00%) Business Continuity
4 3 (25.00%) Business Continuity Management
4 3 (25.00%) Data Protection
4 3 (25.00%) Data Security
4 3 (25.00%) Information Security
4 3 (25.00%) IT Strategy
4 3 (25.00%) Risk Analysis
5 2 (16.67%) Data Modelling
5 2 (16.67%) Data Transformation
5 2 (16.67%) ETL Development
5 2 (16.67%) Logical Data Model
5 2 (16.67%) Mathematics
5 2 (16.67%) Physical Data Model
5 2 (16.67%) SOA
Programming Languages
1 7 (58.33%) C#
1 7 (58.33%) SQL
2 4 (33.33%) T-SQL
2 4 (33.33%) VBScript
3 2 (16.67%) VB
3 2 (16.67%) VB.NET
Qualifications
1 3 (25.00%) CISM
1 3 (25.00%) CISSP
1 3 (25.00%) Microsoft Certification
1 3 (25.00%) SSCP
2 2 (16.67%) Degree
2 2 (16.67%) Numerate Degree
3 1 (8.33%) ITIL Certification
3 1 (8.33%) MCSA
3 1 (8.33%) MCSE
Quality Assurance & Compliance
1 1 (8.33%) MiFID
System Software
1 1 (8.33%) Active Directory
1 1 (8.33%) Hyper-V
1 1 (8.33%) VMware Infrastructure
Vendors
1 6 (50.00%) Microsoft
2 2 (16.67%) Oracle
3 1 (8.33%) BMC
3 1 (8.33%) CheckPoint
3 1 (8.33%) Cisco
3 1 (8.33%) HP
3 1 (8.33%) Remedy
3 1 (8.33%) VMware