Banking Contract Job Trends in Essex

Banking
East of England > Essex

The table below looks at the prevalence of the term Banking in contract job vacancies in Essex. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 2 February 2026, comparing them to the same period in the previous two years.

6 months to
2 Feb 2026
Same period 2025 Same period 2024
Rank 18 17 24
Rank change year-on-year -1 +7 +24
Contract jobs citing Banking 3 1 9
As % of all contract jobs in Essex 2.78% 1.11% 4.19%
As % of the General category 4.76% 2.33% 7.14%
Number of daily rates quoted 1 0 6
10th Percentile - - £531
25th Percentile - - £576
Median daily rate (50th Percentile) £700 - £655
Median % change year-on-year - - +11.49%
75th Percentile - - £675
90th Percentile - - -
East of England median daily rate £400 £600 £508
% change year-on-year -33.33% +18.23% +12.78%
Number of hourly rates quoted 0 0 2
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 - £24.66 £87.00
% change year-on-year - -71.66% -

All General Skills
Essex

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring general skills in Essex.

Contract vacancies with a requirement for general skills 63 43 126
As % of all contract IT jobs advertised in Essex 58.33% 47.78% 58.60%
Number of daily rates quoted 32 26 76
10th Percentile £185 £180 £189
25th Percentile £244 £272 £263
Median daily rate (50th Percentile) £300 £319 £410
Median % change year-on-year -6.02% -22.14% -14.14%
75th Percentile £425 £350 £556
90th Percentile £646 £506 £649
East of England median daily rate £475 £500 £475
% change year-on-year -5.00% +5.26% -5.00%
Number of hourly rates quoted 8 2 21
10th Percentile - £30.50 £10.42
25th Percentile £12.75 £31.25 £16.75
Median hourly rate £16.25 £32.50 £35.65
Median % change year-on-year -50.00% -8.84% +69.76%
75th Percentile £23.50 £33.75 £52.50
90th Percentile £23.53 £34.50 £60.00
East of England median hourly rate £18.50 £26.50 £20.00
% change year-on-year -30.19% +32.50% +0.96%

Banking
Job Vacancy Trend in Essex

Historical trend showing the proportion of contract IT job postings citing Banking relative to all contract IT jobs advertised in Essex.

Banking job vacancy trend in Essex

Banking
Daily Rate Trend in Essex

Contractor daily rate distribution trend for jobs in Essex citing Banking.

Contractor daily rate distribution trend for jobs in Essex citing Banking

Banking
Hourly Rate Trend in Essex

Contractor hourly rate distribution trend for jobs in Essex citing Banking.

Contractor hourly rate distribution trend for jobs in Essex citing Banking

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 2 February 2026. 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 - 3 £700 - 1
Banking
East of England

Banking
Co-Occurring Skills & Capabilities in Essex by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 1 (33.33%) SAS
Applications
1 2 (66.67%) Microsoft Office
General
1 3 (100.00%) Analytical Skills
1 3 (100.00%) Finance
2 1 (33.33%) Organisational Skills
2 1 (33.33%) Social Skills
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
2 1 (33.33%) Developer
2 1 (33.33%) Developer/Software Engineer
2 1 (33.33%) Python Developer
2 1 (33.33%) Python Engineer
2 1 (33.33%) Python Software Engineer
2 1 (33.33%) R Developer
2 1 (33.33%) SAS Developer
2 1 (33.33%) SAS Engineer
2 1 (33.33%) Software Developer
2 1 (33.33%) Software Engineer
Miscellaneous
1 1 (33.33%) Credit Risk
Processes & Methodologies
1 3 (100.00%) Problem-Solving
2 2 (66.67%) Agile
2 2 (66.67%) Analytical Thinking
2 2 (66.67%) Business Analysis
2 2 (66.67%) Customer-Centricity
2 2 (66.67%) Emotional Intelligence
2 2 (66.67%) High Availability
2 2 (66.67%) Knowledge Transfer
2 2 (66.67%) Mentoring
2 2 (66.67%) People Management
2 2 (66.67%) Project Delivery
2 2 (66.67%) Scrum
2 2 (66.67%) SDLC
2 2 (66.67%) User Acceptance Testing
3 1 (33.33%) Credit Risk Management
3 1 (33.33%) Regulatory Compliance
3 1 (33.33%) Scorecard
3 1 (33.33%) System Testing
3 1 (33.33%) Test Strategy
3 1 (33.33%) Translating Business Requirements
Programming Languages
1 1 (33.33%) Java
1 1 (33.33%) Python
1 1 (33.33%) R
1 1 (33.33%) SQL
Qualifications
1 3 (100.00%) Degree
Vendors
1 2 (66.67%) SAP