The median contractor rate for a Banking Business Analyst was £419 per day in advertised job vacancies in the North West during the 3 months to 27 March 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.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Banking
England / North West
Rank 123 150 144
Rank change year-on-year +27 -6  
Contract jobs requiring a Banking Business Analyst 9 8 11
As % of all contract IT jobs advertised in the North West 0.35% 0.21% 0.30%
As % of the Job Titles category 0.37% 0.22% 0.32%
Number of daily rates quoted 6 8 10
Median daily rate £419 £406 £363
Median daily rate % change year-on-year +3.07% +12.06%  
90% offered a daily rate of more than £369 £335 £320
10% offered a daily rate of more than £475 £461 £414
UK excluding London median daily rate £438 £400 £388
% change year-on-year +9.37% +3.22%  
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 2453 3621 3439
As % of all contract IT job vacancies advertised in the North West 95.00% 94.35% 94.40%
Number of daily rates quoted 1539 2157 1805
Median daily rate £378 £400 £375
Median daily rate % change year-on-year -5.50% +6.66%  
90% offered a daily rate of more than £225 £250 £250
10% offered a daily rate of more than £525 £525 £525
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 149 172 206
Median hourly rate £16.50 £25.00 £19.00
Median hourly rate % change year-on-year -34.00% +31.57%  
90% offered a hourly rate of more than £11.00 £12.37 £11.52
10% offered a hourly rate of more than £45.00 £48.00 £49.50
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

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
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 27 March 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 +29 5 £419 +1.51% 2
Manchester +11 3 £475 +22.58%
Merseyside - 1 £375 -
Banking Business Analyst
England

Banking Business Analyst Skill Set
Top 25 Related IT Skills in the North West

For the 6 months to 27 March 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 12 (100.00%) Banking
2 8 (66.67%) Finance
3 7 (58.33%) Agile Software Development
4 4 (33.33%) Business Analysis
4 4 (33.33%) Retail Banking
4 4 (33.33%) Retail
5 3 (25.00%) Stakeholder Management
5 3 (25.00%) User Stories
6 2 (16.67%) Software Asset Management
6 2 (16.67%) Translating Business Requirements
6 2 (16.67%) User Acceptance Testing
6 2 (16.67%) Asset Management
6 2 (16.67%) Service Management
6 2 (16.67%) Virtual Team
7 1 (8.33%) Programme Management
7 1 (8.33%) MS Project
7 1 (8.33%) AIX
7 1 (8.33%) ISEB
7 1 (8.33%) Project Management
7 1 (8.33%) Investment Management
7 1 (8.33%) IIBA
7 1 (8.33%) CBAP
7 1 (8.33%) Confluence
7 1 (8.33%) MiFID
7 1 (8.33%) JIRA

Banking Business Analyst Skill Set
Top Related 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 1 (8.33%) Confluence
Applications
1 1 (8.33%) MS Project
Development Applications
1 1 (8.33%) JIRA
General
1 12 (100.00%) Banking
2 8 (66.67%) Finance
3 4 (33.33%) Retail
3 4 (33.33%) Retail Banking
Miscellaneous
1 2 (16.67%) Virtual Team
Operating Systems
1 1 (8.33%) AIX
Processes & Methodologies
1 7 (58.33%) Agile Software Development
2 4 (33.33%) Business Analysis
3 3 (25.00%) Stakeholder Management
3 3 (25.00%) User Stories
4 2 (16.67%) Asset Management
4 2 (16.67%) Service Management
4 2 (16.67%) Software Asset Management
4 2 (16.67%) Translating Business Requirements
4 2 (16.67%) User Acceptance Testing
5 1 (8.33%) Investment Management
5 1 (8.33%) Programme Management
5 1 (8.33%) Project Management
Qualifications
1 1 (8.33%) CBAP
1 1 (8.33%) IIBA
1 1 (8.33%) ISEB
Quality Assurance & Compliance
1 1 (8.33%) MiFID
Chester, Cheshire
HAYS INFORMATION TECHNOLOGY
Rate: £400.00 - £450.00 per day
Posted: 8 hours ago
Chester, Cheshire
Elevate Direct
Rate: From £300 to £400 per day
Posted: 6 days ago