The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Hertfordshire. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 3 months to 29 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
East of England > Hertfordshire
3 months to
29 Jun 2017
Same period 2016 Same period 2015
Rank 58 50 70
Rank change year-on-year -8 +20  
Contract jobs citing Banking 4 10 6
As % of all contract IT jobs advertised in Hertfordshire 0.63% 1.49% 0.67%
As % of the General category 2.04% 3.30% 2.35%
Number of daily rates quoted 2 6 5
Hertfordshire median daily rate £288 £105 £400
Median daily rate % change year-on-year +173.80% -73.75%  
10th Percentile £226 £103 £337
90th Percentile £339 £535 £608
East of England median daily rate £475 £331 £438
% change year-on-year +43.39% -24.28%  
Number of hourly rates quoted 0 0 0
Hertfordshire median hourly rate - - -
East of England median hourly rate - £29.50 £42.00
% change year-on-year - -29.76%  

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 Hertfordshire with a requirement for common skills.

General Skills
Hertfordshire
Contract job vacancies with a requirement for common skills 196 303 255
As % of all contract IT job vacancies advertised in Hertfordshire 30.63% 45.22% 28.46%
Number of daily rates quoted 119 227 135
Hertfordshire median daily rate £413 £413 £390
Median daily rate % change year-on-year - +5.76%  
10th Percentile £213 £175 £299
90th Percentile £594 £571 £625
East of England median daily rate £488 £425 £400
% change year-on-year +14.70% +6.25%  
Number of hourly rates quoted 7 5 33
Hertfordshire median hourly rate £40.00 £25.00 £22.50
Median hourly rate % change year-on-year +60.00% +11.11%  
10th Percentile £16.20 £12.50 £14.50
90th Percentile £45.00 £27.00 £38.50
East of England median hourly rate £40.00 £19.00 £32.50
% change year-on-year +110.52% -41.53%  

Banking
Job Vacancy Trend in Hertfordshire

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

Job vacancy trend for Banking in Hertfordshire

Banking
Contractor Daily Rate Trend in Hertfordshire

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

Contractor daily rate trend for Banking in Hertfordshire

Banking
Contractor Daily Rate Histogram in Hertfordshire

The daily rate distribution of IT jobs citing Banking in Hertfordshire over the 3 months to 29 June 2017.

Contractor daily rate histogram for Banking in Hertfordshire

Banking
Contractor Hourly Rate Trend in Hertfordshire

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

Contractor hourly rate trend for Banking in Hertfordshire

Banking
Contract Job Locations in Hertfordshire

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Hertfordshire region over the 3 months to 29 June 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
Hatfield - 2 - -
Welwyn Garden City +6 1 £225 -
Watford -10 1 £350 +233.33%
Banking
East of England

For the 6 months to 29 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 Hertfordshire region with a requirement for Banking.

1 9 (64.29%) Finance
2 5 (35.71%) Stakeholder Management
3 4 (28.57%) Retail
4 3 (21.43%) Change Management
4 3 (21.43%) Microsoft Project
4 3 (21.43%) Java
4 3 (21.43%) Project Management
5 2 (14.29%) HTML
5 2 (14.29%) Configuration Management
5 2 (14.29%) Cisco
5 2 (14.29%) SAP BW
5 2 (14.29%) CheckPoint
5 2 (14.29%) MPLS
5 2 (14.29%) PHP
5 2 (14.29%) ATM
5 2 (14.29%) DNS
5 2 (14.29%) SAP
5 2 (14.29%) Firewall
5 2 (14.29%) Asset Management
5 2 (14.29%) Data Management
5 2 (14.29%) Blue Coat
5 2 (14.29%) BIG-IP
5 2 (14.29%) Data Conversion
5 2 (14.29%) Cisco ASA
5 2 (14.29%) F5
5 2 (14.29%) SAP BPC
5 2 (14.29%) Stakeholder Engagement
5 2 (14.29%) Master Data Management
5 2 (14.29%) Payment Gateway
5 2 (14.29%) F5 BIG-IP LTM

Banking
Co-occurring IT Skills in Hertfordshire 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 1 (7.14%) Apache
1 1 (7.14%) Tomcat
Applications
1 3 (21.43%) Microsoft Project
2 1 (7.14%) FrameMaker
Business Applications
1 2 (14.29%) Payment Gateway
1 2 (14.29%) SAP BPC
2 1 (7.14%) Remedy ITSM
2 1 (7.14%) SAP CO
2 1 (7.14%) SAP FI
2 1 (7.14%) SAP FI/CO
Communications & Networking
1 2 (14.29%) ATM
1 2 (14.29%) BIG-IP
1 2 (14.29%) Cisco ASA
1 2 (14.29%) DNS
1 2 (14.29%) F5 BIG-IP GTM
1 2 (14.29%) F5 BIG-IP LTM
1 2 (14.29%) Firewall
1 2 (14.29%) MPLS
2 1 (7.14%) SSL
2 1 (7.14%) TCP/IP
Database & Business Intelligence
1 2 (14.29%) SAP BW
2 1 (7.14%) PostgreSQL
General
1 9 (64.29%) Finance
2 4 (28.57%) Retail
3 1 (7.14%) Legal
3 1 (7.14%) Retail Banking
3 1 (7.14%) Telecoms
Job Titles
1 3 (21.43%) Analyst
2 2 (14.29%) Consultant
2 2 (14.29%) Financial Analyst
2 2 (14.29%) Project Manager
2 2 (14.29%) SAP Analyst
2 2 (14.29%) SAP Financial Analyst
3 1 (7.14%) Blue Coat Specialist
3 1 (7.14%) Check Point Specialist
3 1 (7.14%) DevOps Engineer
3 1 (7.14%) DevOps Systems Engineer
3 1 (7.14%) ITIL Business Analyst
3 1 (7.14%) ITSM Analyst
3 1 (7.14%) PMO Lead
3 1 (7.14%) SAP CO Support
3 1 (7.14%) SAP FI Analyst
3 1 (7.14%) SAP FI/CO Support
3 1 (7.14%) SAP Financial Consultant
3 1 (7.14%) SAP Financial Support
3 1 (7.14%) SAP Functional Analyst
3 1 (7.14%) Web Applications Support
Libraries, Frameworks & Software Standards
1 2 (14.29%) HTML
2 1 (7.14%) LAPP Stack
Miscellaneous
1 1 (7.14%) Analytical Skills
1 1 (7.14%) Clustering
1 1 (7.14%) Computer Science
1 1 (7.14%) EFT
Operating Systems
1 1 (7.14%) Linux
Processes & Methodologies
1 5 (35.71%) Stakeholder Management
2 3 (21.43%) Change Management
2 3 (21.43%) Project Management
3 2 (14.29%) Asset Management
3 2 (14.29%) Configuration Management
3 2 (14.29%) Data Conversion
3 2 (14.29%) Data Management
3 2 (14.29%) Master Data Management
3 2 (14.29%) Record to Report
3 2 (14.29%) Stakeholder Engagement
4 1 (7.14%) Break/Fix
4 1 (7.14%) Business Continuity Planning
4 1 (7.14%) Business Process Mapping
4 1 (7.14%) Change Control
4 1 (7.14%) Continuous Improvement
4 1 (7.14%) DevOps
4 1 (7.14%) High Availability
4 1 (7.14%) IT Governance
4 1 (7.14%) Quality Management
4 1 (7.14%) Resource Management
Programming Languages
1 3 (21.43%) Java
2 2 (14.29%) PHP
3 1 (7.14%) Bash Shell
3 1 (7.14%) Perl
3 1 (7.14%) Python
3 1 (7.14%) Ruby
3 1 (7.14%) SQL
Qualifications
1 1 (7.14%) CCIE
1 1 (7.14%) Cisco Certification
1 1 (7.14%) RHCE
Quality Assurance & Compliance
1 1 (7.14%) PMO
Systems Management
1 1 (7.14%) Puppet
1 1 (7.14%) Salt
Vendors
1 2 (14.29%) Blue Coat
1 2 (14.29%) CheckPoint
1 2 (14.29%) Cisco
1 2 (14.29%) F5
1 2 (14.29%) SAP
2 1 (7.14%) BMC
2 1 (7.14%) Remedy