The table below looks at the prevalence of the term Retail Banking in contract job vacancies advertised in Essex. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Retail Banking over the 3 months to 30 April 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.

Retail Banking
3 months to
30 Apr 2017
Same period 2016 Same period 2015
Rank - - 59
Contract jobs citing Retail Banking 0 0 1
As % of all contract IT jobs advertised in Essex - - 0.19%
As % of the General category - - 0.53%
Number of daily rates quoted 0 0 1
Median daily rate - - £475
UK excluding London median daily rate £425 £445 £400
% change year-on-year -4.49% +11.25%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Retail 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 118 178 189
As % of all contract IT job vacancies advertised in Essex 29.72% 41.40% 35.93%
Number of daily rates quoted 79 69 118
Median daily rate £450 £400 £400
Median daily rate % change year-on-year +12.50% -  
90% offered a daily rate of more than £265 £210 £183
10% offered a daily rate of more than £550 £500 £600
UK excluding London median daily rate £420 £400 £400
% change year-on-year +5.00% -  
Number of hourly rates quoted 12 34 12
Median hourly rate £35.00 £19.00 £40.60
Median hourly rate % change year-on-year +84.21% -53.20%  
90% offered a hourly rate of more than £16.00 £16.50 £16.00
10% offered a hourly rate of more than £46.00 £32.50 £48.60
UK excluding London median hourly rate £29.50 £28.00 £24.00
% change year-on-year +5.35% +16.66%  

Retail Banking
Job Vacancy Trend in Essex

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

Job vacancy trend for Retail Banking in Essex

Retail Banking
Contractor Daily Rate Trend in Essex

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

Contractor daily rate trend for Retail Banking in Essex