The median contractor rate for a Banking Business Analyst was £350 per day in advertised job vacancies in Manchester during the 3 months to 26 June 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Business Analyst - Banking
North West / Manchester
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 85 98 86
Rank change year-on-year +13 -12  
Contract jobs requiring a Banking Business Analyst 5 5 5
As % of all contract IT jobs advertised in Manchester 0.36% 0.28% 0.33%
As % of the Job Titles category 0.38% 0.30% 0.35%
Number of daily rates quoted 5 5 2
Median daily rate £350 £391 £406
Median daily rate % change year-on-year -10.37% -3.87%  
UK excluding London median daily rate £403 £395 £365
% change year-on-year +1.83% +8.28%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in Manchester. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
Manchester
Contract job vacancies with a job title containing a recognized job role 1307 1676 1442
As % of all contract IT job vacancies advertised in Manchester 93.62% 94.85% 95.69%
Number of daily rates quoted 743 993 850
Median daily rate £375 £380 £350
Median daily rate % change year-on-year -1.31% +8.57%  
90% offered a daily rate of more than £205 £250 £220
10% offered a daily rate of more than £550 £525 £500
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 48 37 64
Median hourly rate £14.50 £12.50 £14.00
Median hourly rate % change year-on-year +16.00% -10.71%  
90% offered a hourly rate of more than £11.00 £10.00 £11.00
10% offered a hourly rate of more than £47.50 £28.50 £23.00
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Banking Business Analyst
Job Vacancy Trend in Manchester

The job posting trend of jobs advertised in Manchester that featured Banking Business Analyst in the job title.

Job vacancy trend for Banking Business Analyst in Manchester

Banking Business Analyst
Contractor Daily Rate Trend in Manchester

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

Contractor daily rate trend for Banking Business Analyst in Manchester

Banking Business Analyst Skill Set
Top 21 Co-occurring IT Skills in Manchester

For the 6 months to 26 June 2017, Banking Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Manchester region featuring Banking Business Analyst in the job title.

1 8 (100.00%) Banking
2 6 (75.00%) Business Analysis
3 4 (50.00%) Finance
4 3 (37.50%) Retail
4 3 (37.50%) Retail Banking
5 2 (25.00%) Virtual Team
5 2 (25.00%) Continuous Improvement
5 2 (25.00%) Project Governance
5 2 (25.00%) Coaching
5 2 (25.00%) Target Operating Model
5 2 (25.00%) Translating Business Requirements
5 2 (25.00%) Degree
5 2 (25.00%) Matrix Management
5 2 (25.00%) Requirements Management
5 2 (25.00%) User Acceptance Testing
5 2 (25.00%) Agile Software Development
5 2 (25.00%) Stakeholder Management
5 2 (25.00%) Risk Management
6 1 (12.50%) Waterfall
6 1 (12.50%) User Stories
6 1 (12.50%) Client Onboarding

Banking Business Analyst Skill Set
Co-occurring IT Skills in Manchester 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:

General
1 8 (100.00%) Banking
2 4 (50.00%) Finance
3 3 (37.50%) Retail
3 3 (37.50%) Retail Banking
Miscellaneous
1 2 (25.00%) Virtual Team
Processes & Methodologies
1 6 (75.00%) Business Analysis
2 2 (25.00%) Agile Software Development
2 2 (25.00%) Coaching
2 2 (25.00%) Continuous Improvement
2 2 (25.00%) Matrix Management
2 2 (25.00%) Project Governance
2 2 (25.00%) Requirements Management
2 2 (25.00%) Risk Management
2 2 (25.00%) Stakeholder Management
2 2 (25.00%) Target Operating Model
2 2 (25.00%) Translating Business Requirements
2 2 (25.00%) User Acceptance Testing
3 1 (12.50%) Client Onboarding
3 1 (12.50%) User Stories
3 1 (12.50%) Waterfall
Qualifications
1 2 (25.00%) Degree