Period
to 18 November 2018

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in North London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 18 November 2018 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
London > North London
6 months to
18 Nov 2018
Same period 2017 Same period 2016
Rank 30 26 18
Rank change year-on-year -4 -8 +16
Contract jobs citing Banking 3 5 5
As % of all contract IT jobs advertised in North London 1.23% 2.36% 2.81%
As % of the General category 4.05% 6.67% 8.93%
Number of daily rates quoted 2 6 4
North London median daily rate £500 £115 £725
Median daily rate % change year-on-year +334.78% -84.14% +16.00%
10th Percentile £435 £115 £286
90th Percentile £565 £475 £738
London median daily rate £575 £550 £525
% change year-on-year +4.55% +4.76% -
Number of hourly rates quoted 0 0 0
North London median hourly rate - - -
London median hourly rate £18.70 £15.00 £30.00
% change year-on-year +24.67% -50.00% +25.00%

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 North London with a requirement for common skills.

All General Skills
North London
Contract vacancies with a requirement for common skills 74 75 56
As % of all contract IT jobs advertised in North London 30.33% 35.38% 31.46%
Number of daily rates quoted 51 46 41
North London median daily rate £450 £386 £373
Median daily rate % change year-on-year +16.50% +3.69% +19.20%
10th Percentile £240 £240 £110
90th Percentile £638 £569 £650
London median daily rate £525 £513 £475
% change year-on-year +2.44% +7.89% -
Number of hourly rates quoted 2 2 2
North London median hourly rate £26.75 £35.00 £18.17
Median hourly rate % change year-on-year -23.57% +92.60% -19.23%
10th Percentile £17.73 £31.75 £16.49
90th Percentile £36.38 £38.25 £19.86
London median hourly rate £22.50 £22.50 £20.00
% change year-on-year - +12.50% -7.79%

Banking
Job Vacancy Trend in North London

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

Job vacancy trend for Banking in North London

Banking
Contractor Daily Rate Trend in North London

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

Contractor daily rate trend for Banking in North London

For the 6 months to 18 November 2018, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the North London region with a requirement for Banking.

1 1 (33.33%) Service Delivery
1 1 (33.33%) Stakeholder Management
1 1 (33.33%) Hibernate
1 1 (33.33%) Spring
1 1 (33.33%) Investment Banking
1 1 (33.33%) Time Management
1 1 (33.33%) Data Protection
1 1 (33.33%) Hadoop
1 1 (33.33%) Data Analytics
1 1 (33.33%) Analytics
1 1 (33.33%) Oracle Database
1 1 (33.33%) Data Centre
1 1 (33.33%) Decision-Making
1 1 (33.33%) Java
1 1 (33.33%) Oracle
1 1 (33.33%) SQL Server
1 1 (33.33%) Data Warehouse
1 1 (33.33%) JDA

Banking
Co-occurring IT Skills in North London 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:

Database & Business Intelligence
1 1 (33.33%) Data Warehouse
1 1 (33.33%) Hadoop
1 1 (33.33%) Oracle Database
1 1 (33.33%) SQL Server
General
1 1 (33.33%) Investment Banking
Job Titles
1 2 (66.67%) Developer
2 1 (33.33%) Angular Developer
2 1 (33.33%) IT Manager
2 1 (33.33%) IT Project Manager
2 1 (33.33%) Java Developer
2 1 (33.33%) Project Manager
2 1 (33.33%) SQL Developer
2 1 (33.33%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 1 (33.33%) Hibernate
1 1 (33.33%) Spring
Miscellaneous
1 1 (33.33%) Data Centre
Processes & Methodologies
1 1 (33.33%) Analytics
1 1 (33.33%) Data Analytics
1 1 (33.33%) Data Protection
1 1 (33.33%) Decision-Making
1 1 (33.33%) Service Delivery
1 1 (33.33%) Stakeholder Management
1 1 (33.33%) Time Management
Programming Languages
1 1 (33.33%) Java
Vendors
1 1 (33.33%) JDA
1 1 (33.33%) Oracle