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 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Banking
Rank 53 28 34
Rank change year-on-year -25 +6  
Contract jobs citing Banking 9 26 21
As % of all contract IT jobs advertised in Essex 2.12% 5.73% 4.70%
As % of the General category 6.57% 13.47% 12.96%
Number of daily rates quoted 6 10 18
Median daily rate £434 £400 £600
Median daily rate % change year-on-year +8.43% -33.33%  
90% offered a daily rate of more than £400 £345 £443
10% offered a daily rate of more than £450 £655 £745
UK excluding London median daily rate £417 £422 £425
% change year-on-year -1.12% -0.82%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £15.00 -
UK excluding London median hourly rate £12.96 £10.44 £10.44
% change year-on-year +24.16% -  

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 137 193 162
As % of all contract IT job vacancies advertised in Essex 32.24% 42.51% 36.24%
Number of daily rates quoted 97 101 97
Median daily rate £388 £375 £420
Median daily rate % change year-on-year +3.33% -10.71%  
90% offered a daily rate of more than £255 £210 £180
10% offered a daily rate of more than £540 £550 £600
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 15 25 16
Median hourly rate £36.00 £17.75 £16.50
Median hourly rate % change year-on-year +102.81% +7.57%  
90% offered a hourly rate of more than £16.00 £16.50 £15.00
10% offered a hourly rate of more than £43.00 £45.70 £33.00
UK excluding London median hourly rate £27.00 £32.50 £25.00
% change year-on-year -16.92% +30.00%  

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 hourly rates quoted in IT contractor jobs citing Banking in Essex.

Contractor 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 3 months to 24 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Chelmsford +8 3 £400 +33.33%
Witham - 1 - -
Banking
East of England

Banking
Top 30 Related IT Skills in Essex

For the 6 months to 24 March 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 13 (72.22%) ITIL
1 13 (72.22%) Finance
2 11 (61.11%) Telecoms
3 6 (33.33%) Data Protection
4 5 (27.78%) Risk Analysis
4 5 (27.78%) Business Continuity Management
4 5 (27.78%) Data Security
4 5 (27.78%) Management Information System
4 5 (27.78%) CISM
4 5 (27.78%) SSCP
4 5 (27.78%) Mainframe
4 5 (27.78%) Business Continuity
4 5 (27.78%) Information Security
4 5 (27.78%) LAN
4 5 (27.78%) WAN
4 5 (27.78%) Microsoft
4 5 (27.78%) CISSP
5 4 (22.22%) ETL
5 4 (22.22%) Business Intelligence
5 4 (22.22%) SQL Server
5 4 (22.22%) C#
5 4 (22.22%) SQL
5 4 (22.22%) T-SQL
5 4 (22.22%) VBScript
5 4 (22.22%) Stakeholder Management
5 4 (22.22%) Agile Software Development
5 4 (22.22%) SQL Server Reporting Services
5 4 (22.22%) SQL Server Integration Services
5 4 (22.22%) Performance Tuning
5 4 (22.22%) QlikView

Banking
Top Related 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 (11.11%) Oracle SOA Suite
2 1 (5.56%) Exchange Server 2010
2 1 (5.56%) MS Exchange
Applications
1 2 (11.11%) MS Excel
1 2 (11.11%) MS Visio
2 1 (5.56%) MS PowerPoint
Business Applications
1 3 (16.67%) Remedy ITSM
Cloud Services
1 1 (5.56%) Microsoft Azure
1 1 (5.56%) Office 365
Communications & Networking
1 5 (27.78%) LAN
1 5 (27.78%) WAN
2 1 (5.56%) ATM
2 1 (5.56%) SAN
Database & Business Intelligence
1 4 (22.22%) QlikView
1 4 (22.22%) SQL Server
1 4 (22.22%) SQL Server 2008
1 4 (22.22%) SQL Server Analysis Services
1 4 (22.22%) SQL Server Integration Services
1 4 (22.22%) SQL Server Reporting Services
2 2 (11.11%) Data Warehouse
2 2 (11.11%) OLAP
2 2 (11.11%) OLTP
General
1 13 (72.22%) Finance
2 11 (61.11%) Telecoms
3 2 (11.11%) Retail
Job Titles
1 5 (27.78%) Analyst
1 5 (27.78%) Business Analyst
1 5 (27.78%) Security Officer
2 4 (22.22%) Developer
2 4 (22.22%) ETL Developer
2 4 (22.22%) IT Security Officer
2 4 (22.22%) Senior Analyst
2 4 (22.22%) Senior Business Analyst
3 3 (16.67%) ITIL Business Analyst
3 3 (16.67%) ITSM Analyst
4 2 (11.11%) SSIS Developer
5 1 (5.56%) Applications Support
5 1 (5.56%) Compliance Analyst
5 1 (5.56%) Compliance Business Analyst
5 1 (5.56%) ICT Officer
5 1 (5.56%) Regulatory Business Analyst
5 1 (5.56%) Regulatory Compliance Analyst
5 1 (5.56%) Regulatory Compliance Business Analyst
5 1 (5.56%) SSAS Developer
5 1 (5.56%) SSRS Developer
Libraries, Frameworks & Software Standards
1 2 (11.11%) .NET
1 2 (11.11%) MDX
Miscellaneous
1 5 (27.78%) Mainframe
1 5 (27.78%) Management Information System
2 3 (16.67%) Analytical Skills
3 1 (5.56%) Clustering
3 1 (5.56%) SWIFT
Processes & Methodologies
1 13 (72.22%) ITIL
2 6 (33.33%) Data Protection
3 5 (27.78%) Business Continuity
3 5 (27.78%) Business Continuity Management
3 5 (27.78%) Data Security
3 5 (27.78%) Information Security
3 5 (27.78%) Risk Analysis
4 4 (22.22%) Agile Software Development
4 4 (22.22%) Business Intelligence
4 4 (22.22%) ETL
4 4 (22.22%) Performance Tuning
4 4 (22.22%) Stakeholder Management
5 3 (16.67%) Business Process Mapping
5 3 (16.67%) Change Management
5 3 (16.67%) ITSM
6 2 (11.11%) Data Modelling
6 2 (11.11%) Data Transformation
6 2 (11.11%) Enterprise Architecture
6 2 (11.11%) Mathematics
6 2 (11.11%) SOA
Programming Languages
1 4 (22.22%) C#
1 4 (22.22%) SQL
1 4 (22.22%) T-SQL
1 4 (22.22%) VBScript
2 2 (11.11%) VB
2 2 (11.11%) VB.NET
Qualifications
1 5 (27.78%) CISM
1 5 (27.78%) CISSP
1 5 (27.78%) SSCP
2 3 (16.67%) Microsoft Certification
3 2 (11.11%) Degree
3 2 (11.11%) ITIL Certification
4 1 (5.56%) MCP
4 1 (5.56%) MCSA
4 1 (5.56%) MCSE
Quality Assurance & Compliance
1 1 (5.56%) MiFID
1 1 (5.56%) SLA
System Software
1 1 (5.56%) Active Directory
1 1 (5.56%) Hyper-V
Vendors
1 5 (27.78%) Microsoft
2 3 (16.67%) BMC
2 3 (16.67%) Remedy
3 2 (11.11%) Oracle