The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 3 months to 23 March 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.

3 months to
23 Mar 2017
Same period 2016 Same period 2015
Banking
England / Midlands
Rank 14 24 -
Rank change year-on-year +10 -  
Contract jobs citing Banking 7 6 0
As % of all contract IT jobs advertised in the Midlands 6.09% 2.97% -
As % of the General category 16.67% 9.09% -
Number of daily rates quoted 4 5 0
Median daily rate £350 £650 -
Median daily rate % change year-on-year -46.15% -  
UK excluding London median daily rate £420 £424 £425
% change year-on-year -0.94% -0.23%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £12.96 £10.44 £10.44
% change year-on-year +24.16% -  

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 the Midlands with a requirement for common skills.

General Skills
Midlands
Contract job vacancies with a requirement for common skills 42 66 31
As % of all contract IT job vacancies advertised in the Midlands 36.52% 32.67% 21.23%
Number of daily rates quoted 23 36 13
Median daily rate £400 £575 £425
Median daily rate % change year-on-year -30.43% +35.29%  
90% offered a daily rate of more than £350 £375 £360
10% offered a daily rate of more than £525 £850 £545
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £27.00 £32.50 £25.00
% change year-on-year -16.92% +30.00%  

Banking
Job Vacancy Trend in the Midlands

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

Job vacancy trend for Banking in the Midlands

Banking
Contractor Daily Rate Trend in the Midlands

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

Contractor daily rate trend for Banking in the Midlands

Banking
Contractor Hourly Rate Trend in the Midlands

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

Contractor hourly rate trend for Banking in the Midlands

Banking
Top 27 Related IT Skills in the Midlands

For the 6 months to 23 March 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 Midlands region with a requirement for Banking.

1 9 (100.00%) Finance
2 6 (66.67%) Retail
3 3 (33.33%) SAP
3 3 (33.33%) SAP FI
3 3 (33.33%) SAP CO
3 3 (33.33%) SAP FI/CO
3 3 (33.33%) SAP Implementation
3 3 (33.33%) SAP FSCM
3 3 (33.33%) OpenText VIM for SAP
4 2 (22.22%) Cybersecurity
4 2 (22.22%) Analytical Skills
4 2 (22.22%) Retail Banking
4 2 (22.22%) Six Sigma
4 2 (22.22%) Project Management
4 2 (22.22%) PRINCE2
4 2 (22.22%) Change Management
4 2 (22.22%) GAP Analysis
4 2 (22.22%) Internet
5 1 (11.11%) MS Office
5 1 (11.11%) Stakeholder Management
5 1 (11.11%) MS Excel
5 1 (11.11%) SharePoint
5 1 (11.11%) Pharmaceutical
5 1 (11.11%) Resource Management
5 1 (11.11%) Time Management
5 1 (11.11%) Re-Platforming
5 1 (11.11%) PMO

Banking
Top Related IT Skills in the Midlands 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 (11.11%) SharePoint
Applications
1 1 (11.11%) MS Excel
1 1 (11.11%) MS Office
Business Applications
1 3 (33.33%) OpenText VIM for SAP
1 3 (33.33%) SAP CO
1 3 (33.33%) SAP FI
1 3 (33.33%) SAP FI/CO
1 3 (33.33%) SAP FSCM
Communications & Networking
1 2 (22.22%) Internet
General
1 9 (100.00%) Finance
2 6 (66.67%) Retail
3 2 (22.22%) Retail Banking
4 1 (11.11%) Pharmaceutical
Job Titles
1 4 (44.44%) Analyst
1 4 (44.44%) Business Analyst
2 3 (33.33%) Consultant
3 2 (22.22%) Finance Business Analyst
3 2 (22.22%) Financial Analyst
3 2 (22.22%) Financial Business Analyst
3 2 (22.22%) Financial Services Business Analyst
3 2 (22.22%) SAP CO Consultant
3 2 (22.22%) SAP Consultant
3 2 (22.22%) SAP FI Consultant
3 2 (22.22%) SAP FI/CO Consultant
3 2 (22.22%) Service Analyst
4 1 (11.11%) Business Change Director
4 1 (11.11%) Business Transformation Director
4 1 (11.11%) Digital Business Analyst
4 1 (11.11%) Resource Consultant
4 1 (11.11%) Resource Management Consultant
4 1 (11.11%) Retail Banking Business Analyst
4 1 (11.11%) Transformation Analyst
4 1 (11.11%) Transformation Director
Miscellaneous
1 2 (22.22%) Analytical Skills
Processes & Methodologies
1 3 (33.33%) SAP Implementation
2 2 (22.22%) Change Management
2 2 (22.22%) Cybersecurity
2 2 (22.22%) GAP Analysis
2 2 (22.22%) PRINCE2
2 2 (22.22%) Project Management
2 2 (22.22%) Six Sigma
3 1 (11.11%) Re-Platforming
3 1 (11.11%) Resource Management
3 1 (11.11%) Stakeholder Management
3 1 (11.11%) Time Management
Quality Assurance & Compliance
1 1 (11.11%) PMO
Vendors
1 3 (33.33%) SAP