Period
to 18 January 2018

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 6 months to 18 January 2018 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
6 months to
18 Jan 2018
Same period 2017 Same period 2016
Rank - 72 73
Contract jobs citing Retail Banking 0 11 14
As % of all contract IT jobs advertised in Essex - 1.39% 1.27%
As % of the General category - 3.69% 2.90%
Number of daily rates quoted 0 11 10
Essex median daily rate - £300 £413
Median daily rate % change year-on-year - -27.27% +10.00%
East of England median daily rate £531 £350 £425
% change year-on-year +51.79% -17.65% +6.25%
Number of hourly rates quoted 0 0 0
Essex median hourly rate - - -
East of England median hourly rate - - -

Retail 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.

All General Skills
Essex
Contract vacancies with a requirement for common skills 287 298 482
As % of all contract IT jobs advertised in Essex 42.02% 37.63% 43.70%
Number of daily rates quoted 204 194 240
Essex median daily rate £513 £356 £375
Median daily rate % change year-on-year +43.86% -5.00% -6.25%
10th Percentile £308 £222 £231
90th Percentile £613 £525 £500
East of England median daily rate £425 £400 £400
% change year-on-year +6.25% - -0.93%
Number of hourly rates quoted 31 47 75
Essex median hourly rate £39.75 £36.00 £32.50
Median hourly rate % change year-on-year +10.42% +10.77% +58.54%
10th Percentile £20.00 £15.90 £15.75
90th Percentile £63.75 £45.85 £45.15
East of England median hourly rate £37.50 £24.69 £26.25
% change year-on-year +51.90% -5.95% +16.67%

Retail Banking
Job Vacancy Trend in Essex

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

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