The median contractor rate for a Banking Business Analyst was £400 per day in advertised job vacancies in the North West during the 3 months to 25 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
England / North West
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 121 155 139
Rank change year-on-year +34 -16  
Contract jobs requiring a Banking Business Analyst 14 7 13
As % of all contract IT jobs advertised in the North West 0.48% 0.19% 0.35%
As % of the Job Titles category 0.52% 0.20% 0.37%
Number of daily rates quoted 13 7 9
Median daily rate £400 £400 £425
Median daily rate % change year-on-year - -5.88%  
90% offered a daily rate of more than £350 £368 £348
10% offered a daily rate of more than £485 £460 £450
UK excluding London median daily rate £398 £395 £365
% change year-on-year +0.69% +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 the North West. 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
North West
Contract job vacancies with a job title containing a recognized job role 2718 3555 3523
As % of all contract IT job vacancies advertised in the North West 93.72% 94.75% 94.73%
Number of daily rates quoted 1600 2207 2028
Median daily rate £400 £400 £375
Median daily rate % change year-on-year - +6.66%  
90% offered a daily rate of more than £250 £263 £225
10% offered a daily rate of more than £538 £525 £521
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 135 132 196
Median hourly rate £17.00 £14.50 £16.00
Median hourly rate % change year-on-year +17.24% -9.37%  
90% offered a hourly rate of more than £11.50 £11.00 £11.50
10% offered a hourly rate of more than £47.50 £43.00 £43.43
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 the North West

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

Job vacancy trend for Banking Business Analyst in the North West

Banking Business Analyst
Contractor Daily Rate Trend in the North West

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

Contractor daily rate trend for Banking Business Analyst in the North West

Banking Business Analyst
Contractor Daily Rate Histogram in the North West

The daily rate distribution of IT jobs citing Banking Business Analyst in the North West over the 3 months to 25 June 2017.

Contractor daily rate histogram for Banking Business Analyst in the North West

Banking Business Analyst
Contract Job Locations in the North West

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Business Analyst within the North West region over the 3 months to 25 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Cheshire +31 7 £413 -10.81%
Manchester +14 4 £350 -10.37%
Merseyside - 3 £500 -
Banking Business Analyst
England

Banking Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the North West

For the 6 months to 25 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 North West region featuring Banking Business Analyst in the job title.

1 23 (100.00%) Banking
2 15 (65.22%) Finance
3 12 (52.17%) Business Analysis
4 8 (34.78%) Agile Software Development
5 7 (30.43%) Stakeholder Management
5 7 (30.43%) User Stories
6 5 (21.74%) Retail
6 5 (21.74%) Retail Banking
7 3 (13.04%) Target Operating Model
7 3 (13.04%) Microsoft Project
8 2 (8.70%) Project Management
8 2 (8.70%) Change Management
8 2 (8.70%) Scrum
8 2 (8.70%) Corporate Banking
8 2 (8.70%) Degree
8 2 (8.70%) Requirements Management
8 2 (8.70%) JIRA
8 2 (8.70%) TDD
8 2 (8.70%) Risk Management
8 2 (8.70%) Translating Business Requirements
8 2 (8.70%) Coaching
8 2 (8.70%) Matrix Management
8 2 (8.70%) User Acceptance Testing
8 2 (8.70%) Kanban
8 2 (8.70%) Confluence
8 2 (8.70%) BDD
8 2 (8.70%) Continuous Improvement
8 2 (8.70%) Project Governance
8 2 (8.70%) Virtual Team
9 1 (4.35%) PMO

Banking Business Analyst Skill Set
Co-occurring IT Skills in the North West 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 2 (8.70%) Confluence
Applications
1 3 (13.04%) Microsoft Project
Development Applications
1 2 (8.70%) JIRA
General
1 23 (100.00%) Banking
2 15 (65.22%) Finance
3 5 (21.74%) Retail
3 5 (21.74%) Retail Banking
4 2 (8.70%) Corporate Banking
Miscellaneous
1 2 (8.70%) Virtual Team
Operating Systems
1 1 (4.35%) AIX
Processes & Methodologies
1 12 (52.17%) Business Analysis
2 8 (34.78%) Agile Software Development
3 7 (30.43%) Stakeholder Management
3 7 (30.43%) User Stories
4 3 (13.04%) Target Operating Model
5 2 (8.70%) BDD
5 2 (8.70%) Change Management
5 2 (8.70%) Coaching
5 2 (8.70%) Continuous Improvement
5 2 (8.70%) Kanban
5 2 (8.70%) Matrix Management
5 2 (8.70%) Project Governance
5 2 (8.70%) Project Management
5 2 (8.70%) Requirements Management
5 2 (8.70%) Risk Management
5 2 (8.70%) Scrum
5 2 (8.70%) TDD
5 2 (8.70%) Translating Business Requirements
5 2 (8.70%) User Acceptance Testing
6 1 (4.35%) Supplier Management
Qualifications
1 2 (8.70%) Degree
Quality Assurance & Compliance
1 1 (4.35%) GDPR
1 1 (4.35%) MiFID
1 1 (4.35%) PMO