Period
to 22 November 2017

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 6 months to 22 November 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
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 87 72 78
Rank change year-on-year -15 +6 -9
Contract jobs citing Banking 15 22 25
As % of all contract IT jobs advertised in Hertfordshire 0.95% 1.57% 1.57%
As % of the General category 2.55% 4.05% 4.19%
Number of daily rates quoted 9 11 19
Hertfordshire median daily rate £200 £263 £475
Median daily rate % change year-on-year -23.81% -44.74% +39.71%
10th Percentile £125 £103 £444
90th Percentile £560 £535 £533
East of England median daily rate £375 £325 £500
% change year-on-year +15.38% -35.00% +25.00%
Number of hourly rates quoted 3 0 0
Hertfordshire median hourly rate £25.00 - -
East of England median hourly rate £25.00 £41.25 £29.06
% change year-on-year -39.39% +41.94% -3.13%

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 Hertfordshire with a requirement for common skills.

All General Skills
Hertfordshire
Contract vacancies with a requirement for common skills 589 543 597
As % of all contract IT jobs advertised in Hertfordshire 37.28% 38.81% 37.43%
Number of daily rates quoted 258 335 245
Hertfordshire median daily rate £400 £425 £410
Median daily rate % change year-on-year -5.88% +3.66% +5.81%
10th Percentile £211 £204 £210
90th Percentile £594 £538 £575
East of England median daily rate £425 £402 £400
% change year-on-year +5.85% +0.38% -
Number of hourly rates quoted 28 12 56
Hertfordshire median hourly rate £25.00 £18.00 £20.47
Median hourly rate % change year-on-year +38.89% -12.06% +37.41%
10th Percentile £14.18 £11.73 £12.95
90th Percentile £41.35 £34.88 £37.50
East of England median hourly rate £40.00 £33.50 £26.00
% change year-on-year +19.40% +28.85% -13.33%

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 6 months to 22 November 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 6 months to 22 November 2017. 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
Job
Vacancies
Welwyn Garden City +9 8 £180 -37.39%
Watford -13 3 £575 +447.62% 2
Letchworth - 3 - - 1
Banking
East of England

For the 6 months to 22 November 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 10 (66.67%) Microsoft Office
1 10 (66.67%) Microsoft Excel
2 8 (53.33%) Finance
3 7 (46.67%) Internet
4 5 (33.33%) Retail
4 5 (33.33%) Project Management
4 5 (33.33%) Payment Gateway
4 5 (33.33%) PMO
5 4 (26.67%) Incident Management
5 4 (26.67%) E-Commerce
5 4 (26.67%) SLA
5 4 (26.67%) ITIL
5 4 (26.67%) Workflow
6 3 (20.00%) Games
6 3 (20.00%) Billing
6 3 (20.00%) Microsoft PowerPoint
6 3 (20.00%) C
6 3 (20.00%) Microsoft
6 3 (20.00%) Project Planning
6 3 (20.00%) PayPal
7 2 (13.33%) Business Development
7 2 (13.33%) QA
7 2 (13.33%) Data Integration
7 2 (13.33%) PSD2
7 2 (13.33%) Client Onboarding
7 2 (13.33%) Salesforce.com
7 2 (13.33%) Business Intelligence
7 2 (13.33%) CRM
7 2 (13.33%) Statistical Analysis
7 2 (13.33%) SQL

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:

Applications
1 10 (66.67%) Microsoft Excel
1 10 (66.67%) Microsoft Office
2 3 (20.00%) Microsoft PowerPoint
Business Applications
1 5 (33.33%) Payment Gateway
Communications & Networking
1 7 (46.67%) Internet
2 1 (6.67%) Skype
Database & Business Intelligence
1 1 (6.67%) Big Data
General
1 8 (53.33%) Finance
2 5 (33.33%) Retail
3 3 (20.00%) Billing
3 3 (20.00%) Games
Job Titles
1 6 (40.00%) Coordinator
1 6 (40.00%) Project Coordinator
2 3 (20.00%) Analyst
2 3 (20.00%) Business Analyst
3 2 (13.33%) Payments Analyst
3 2 (13.33%) Payments Business Analyst
4 1 (6.67%) Applications Support
4 1 (6.67%) Big Data Analyst
4 1 (6.67%) Data Business Analyst
4 1 (6.67%) Project Analyst
4 1 (6.67%) Software Engineer
4 1 (6.67%) Web Applications Support
Libraries, Frameworks & Software Standards
1 1 (6.67%) HTML
Miscellaneous
1 2 (13.33%) Management Information System
Processes & Methodologies
1 5 (33.33%) Project Management
2 4 (26.67%) E-Commerce
2 4 (26.67%) Incident Management
2 4 (26.67%) ITIL
2 4 (26.67%) Workflow
3 3 (20.00%) Project Planning
4 2 (13.33%) Business Development
4 2 (13.33%) Business Intelligence
4 2 (13.33%) Client Onboarding
4 2 (13.33%) CRM
4 2 (13.33%) Data Integration
4 2 (13.33%) Statistical Analysis
5 1 (6.67%) Analytics
5 1 (6.67%) Coaching
5 1 (6.67%) Compliance Audit
5 1 (6.67%) Data Analysis
5 1 (6.67%) Data Analytics
5 1 (6.67%) Mentoring
5 1 (6.67%) Software Engineering
5 1 (6.67%) Stakeholder Management
Programming Languages
1 3 (20.00%) C
2 2 (13.33%) SQL
3 1 (6.67%) Java
3 1 (6.67%) PHP
Quality Assurance & Compliance
1 5 (33.33%) PMO
2 4 (26.67%) SLA
3 2 (13.33%) PSD2
3 2 (13.33%) QA
Vendors
1 3 (20.00%) Microsoft
1 3 (20.00%) PayPal
2 2 (13.33%) Salesforce.com