Banking Contracts in the Midlands

Banking
England > Midlands

The table below looks at the prevalence of the term Banking in contract job vacancies in the Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 20 June 2024, comparing them to the same period in the previous two years.

6 months to
20 Jun 2024
Same period 2023 Same period 2022
Rank 67 78 114
Rank change year-on-year +11 +36 -49
Contract jobs citing Banking 75 85 99
As % of all contract jobs advertised in the Midlands 2.54% 2.64% 1.98%
As % of the General category 4.75% 4.83% 3.59%
Number of daily rates quoted 61 47 85
10th Percentile £360 £458 £360
25th Percentile £410 £506 £434
Median daily rate (50th Percentile) £450 £600 £518
Median % change year-on-year -25.00% +15.94% +30.68%
75th Percentile £538 £709 £575
90th Percentile £623 £731 £633
England median daily rate £625 £650 £648
% change year-on-year -3.85% +0.37% +12.62%
Number of hourly rates quoted 2 2 0
10th Percentile £17.55 - -
25th Percentile £21.38 - -
Median hourly rate £28.25 £70.00 -
Median % change year-on-year -59.64% - -
75th Percentile £34.63 - -
90th Percentile £38.15 - -
England median hourly rate £19.05 £25.50 £26.00
% change year-on-year -25.29% -1.92% +85.32%

All General Skills
Midlands

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in the Midlands.

Contract vacancies with a requirement for common skills 1,579 1,760 2,756
As % of all contract IT jobs advertised in the Midlands 53.56% 54.68% 55.04%
Number of daily rates quoted 1,070 1,256 2,052
10th Percentile £206 £228 £225
25th Percentile £350 £363 £363
Median daily rate (50th Percentile) £475 £500 £475
Median % change year-on-year -5.00% +5.26% +17.28%
75th Percentile £600 £600 £575
90th Percentile £725 £700 £663
England median daily rate £534 £550 £550
% change year-on-year -2.96% - +10.00%
Number of hourly rates quoted 179 80 94
10th Percentile £11.75 £12.45 £10.68
25th Percentile £13.90 £14.20 £13.90
Median hourly rate £17.50 £22.50 £18.75
Median % change year-on-year -22.22% +20.00% +29.31%
75th Percentile £34.47 £43.25 £27.50
90th Percentile £52.12 £51.85 £35.00
England median hourly rate £31.97 £30.65 £22.50
% change year-on-year +4.32% +36.21% +7.14%

Banking
Job Vacancy Trend in the Midlands

Job postings citing Banking as a proportion of all IT jobs advertised in the Midlands.

Job vacancy trend for Banking in the Midlands

Banking
Contractor Daily Rate Trend in the Midlands

3-month moving average daily rate quoted in jobs citing Banking in the Midlands.

Daily rate trend for Banking in the Midlands

Banking
Daily Rate Histogram in the Midlands

Daily rate distribution for jobs citing Banking in the Midlands over the 6 months to 20 June 2024.

Daily rate histogram for Banking in the Midlands

Banking
Contractor Hourly Rate Trend in the Midlands

3-month moving average hourly rates quoted in jobs citing Banking in the Midlands.

Hourly rate trend for Banking in the Midlands

Banking
Hourly Rate Histogram in the Midlands

Hourly rate distribution of jobs citing Banking in the Midlands over the 6 months to 20 June 2024.

Hourly rate histogram for Banking in the Midlands

Banking
Contract Job Locations in the Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Midlands region over the 6 months to 20 June 2024. 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
Jobs
East Midlands +40 51 £445 -1.11% 15
West Midlands -15 21 £525 -17.65% 23
Banking
England

Banking
Co-occurring Skills and Capabilities in the Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (1.33%) Apache Spark
1 1 (1.33%) Confluence
1 1 (1.33%) JBoss
1 1 (1.33%) SAS
Applications
1 2 (2.67%) Microsoft Excel
1 2 (2.67%) Microsoft Office
2 1 (1.33%) Microsoft PowerPoint
2 1 (1.33%) Spreadsheet
Business Applications
1 8 (10.67%) Payment Gateway
Cloud Services
1 21 (28.00%) AWS
2 15 (20.00%) Azure
3 4 (5.33%) SaaS
4 3 (4.00%) Power Platform
5 2 (2.67%) GCP
5 2 (2.67%) Microsoft 365
5 2 (2.67%) OpenShift
6 1 (1.33%) Amazon EKS
6 1 (1.33%) Amazon S3
6 1 (1.33%) Azure DevOps
6 1 (1.33%) Azure Sentinel
6 1 (1.33%) Rubrik
Communications & Networking
1 2 (2.67%) Firewall
2 1 (1.33%) Cisco Nexus
2 1 (1.33%) DMZ
2 1 (1.33%) DSL
2 1 (1.33%) Internet
2 1 (1.33%) LTE
2 1 (1.33%) SAN
2 1 (1.33%) VPN
Database & Business Intelligence
1 8 (10.67%) Data Lake
2 7 (9.33%) SQL Server
3 4 (5.33%) DB2
3 4 (5.33%) Hadoop
4 3 (4.00%) NoSQL
4 3 (4.00%) Power BI
5 2 (2.67%) Impala
5 2 (2.67%) RDBMS
5 2 (2.67%) Relational Database
5 2 (2.67%) Tableau
6 1 (1.33%) Big Data
6 1 (1.33%) BusinessObjects
6 1 (1.33%) Elasticsearch
6 1 (1.33%) Microsoft Analysis Services
6 1 (1.33%) OLAP
Development Applications
1 11 (14.67%) Jenkins
1 11 (14.67%) JIRA
2 8 (10.67%) Git
3 1 (1.33%) Bitbucket Server
3 1 (1.33%) CA Release Automation
3 1 (1.33%) SonarQube
3 1 (1.33%) Sonatype Nexus
3 1 (1.33%) TeamCity
General
1 44 (58.67%) Finance
2 12 (16.00%) Social Skills
3 10 (13.33%) Analytical Skills
4 5 (6.67%) Organisational Skills
5 2 (2.67%) French Language
5 2 (2.67%) Inclusion and Diversity
6 1 (1.33%) Financial Institution
6 1 (1.33%) Investment Banking
6 1 (1.33%) Public Sector
Job Titles
1 23 (30.67%) Architect
2 22 (29.33%) Solutions Architect
3 14 (18.67%) Analyst
4 10 (13.33%) Project Manager
5 6 (8.00%) AML Project Manager
5 6 (8.00%) Business Analyst
6 5 (6.67%) Developer
6 5 (6.67%) Senior
7 3 (4.00%) Data Analyst
7 3 (4.00%) Payments Architect
7 3 (4.00%) Payments Solutions Architect
8 2 (2.67%) Banking Analyst
8 2 (2.67%) Compliance Manager
8 2 (2.67%) IT Security Analyst
8 2 (2.67%) PMO Analyst
8 2 (2.67%) Product Manager
8 2 (2.67%) Security Analyst
8 2 (2.67%) Senior Analyst
8 2 (2.67%) Service Analyst
8 2 (2.67%) Service Delivery Analyst
Libraries, Frameworks & Software Standards
1 5 (6.67%) React
2 4 (5.33%) .NET
3 2 (2.67%) GraphQL
3 2 (2.67%) Kafka
3 2 (2.67%) RAML
3 2 (2.67%) RESTful
3 2 (2.67%) Spring Boot
4 1 (1.33%) Elastic Stack
4 1 (1.33%) gRPC
4 1 (1.33%) JMS
4 1 (1.33%) NestJS
4 1 (1.33%) Node.js
4 1 (1.33%) OpenAPI
4 1 (1.33%) RabbitMQ
4 1 (1.33%) Redux
4 1 (1.33%) REST
4 1 (1.33%) SailPoint
4 1 (1.33%) SAP PI
4 1 (1.33%) SOAP
4 1 (1.33%) Swagger
Miscellaneous
1 7 (9.33%) Onboarding
2 6 (8.00%) Analytical Mindset
2 6 (8.00%) Credit Risk
2 6 (8.00%) Data Centre
2 6 (8.00%) Public Cloud
3 4 (5.33%) Enterprise Software
3 4 (5.33%) Mainframe
4 3 (4.00%) Management Information System
5 2 (2.67%) Product Ownership
5 2 (2.67%) Self-Motivation
6 1 (1.33%) Algorithms
6 1 (1.33%) Cyber Kill Chain
6 1 (1.33%) Data Structures
6 1 (1.33%) Insider Threat
6 1 (1.33%) Legacy Systems
6 1 (1.33%) Online Banking
6 1 (1.33%) Virtual Team
Operating Systems
1 7 (9.33%) Windows
2 4 (5.33%) Android
2 4 (5.33%) Apple iOS
3 3 (4.00%) Linux
4 2 (2.67%) Red Hat Enterprise Linux
4 2 (2.67%) Windows Server
5 1 (1.33%) AIX
5 1 (1.33%) Unix
5 1 (1.33%) zOS
Processes & Methodologies
1 14 (18.67%) Agile
1 14 (18.67%) Project Management
2 13 (17.33%) Architectural Design
2 13 (17.33%) DevOps
2 13 (17.33%) Problem-Solving
3 12 (16.00%) Business Strategy
3 12 (16.00%) Microservices
3 12 (16.00%) Roadmaps
4 10 (13.33%) Enterprise Architecture
4 10 (13.33%) IT Strategy
4 10 (13.33%) Technology Strategy
5 9 (12.00%) Architectural Patterns
6 8 (10.67%) ETL
6 8 (10.67%) High Availability
6 8 (10.67%) Stakeholder Management
6 8 (10.67%) Waterfall
7 7 (9.33%) Strategic Roadmap
7 7 (9.33%) Technical Debt
8 6 (8.00%) Collaborative Culture
8 6 (8.00%) Data Transformation
Programming Languages
1 10 (13.33%) Java
2 8 (10.67%) Python
3 6 (8.00%) SQL
4 5 (6.67%) C
5 2 (2.67%) C#
5 2 (2.67%) R
6 1 (1.33%) ABAP
6 1 (1.33%) C++
6 1 (1.33%) JavaScript
6 1 (1.33%) Perl
6 1 (1.33%) PowerShell
6 1 (1.33%) Ruby
6 1 (1.33%) Search Processing Language
6 1 (1.33%) Shell Script
6 1 (1.33%) TypeScript
Qualifications
1 4 (5.33%) Degree
2 1 (1.33%) CBAP
2 1 (1.33%) ISEB
2 1 (1.33%) ITIL Certification
2 1 (1.33%) MCITP
2 1 (1.33%) MCTS
2 1 (1.33%) Microsoft Certification
Quality Assurance & Compliance
1 5 (6.67%) QA
2 3 (4.00%) PMO
3 1 (1.33%) GRC
3 1 (1.33%) ISO/IEC 27001
3 1 (1.33%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 1 (1.33%) NIST
3 1 (1.33%) PCI DSS
3 1 (1.33%) PSD2
System Software
1 3 (4.00%) Active Directory
2 2 (2.67%) Docker
3 1 (1.33%) HDFS
Systems Management
1 10 (13.33%) Progress Chef
2 2 (2.67%) Kubernetes
3 1 (1.33%) Ansible
3 1 (1.33%) Hadoop YARN
3 1 (1.33%) Kibana
3 1 (1.33%) PowerBroker
Vendors
1 4 (5.33%) Microsoft
2 3 (4.00%) Splunk
3 2 (2.67%) Cognizant
3 2 (2.67%) Oracle
4 1 (1.33%) AppDynamics
4 1 (1.33%) Atlassian
4 1 (1.33%) Blue Coat
4 1 (1.33%) CheckPoint
4 1 (1.33%) Cisco
4 1 (1.33%) F5
4 1 (1.33%) Fortinet
4 1 (1.33%) Juniper
4 1 (1.33%) Qualys
4 1 (1.33%) Red Hat
4 1 (1.33%) Salesforce
4 1 (1.33%) SAP
4 1 (1.33%) ServiceNow