Financial Institution Contracts in Scotland

Financial Institution
UK > Scotland

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 24 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
24 Apr 2024
Same period 2023 Same period 2022
Rank 120 150 167
Rank change year-on-year +30 +17 -21
Contract jobs citing Financial Institution 13 14 7
As % of all contract jobs advertised in Scotland 0.59% 0.49% 0.20%
As % of the General category 0.90% 0.75% 0.28%
Number of daily rates quoted 11 7 5
10th Percentile £475 £453 £324
25th Percentile £616 £532 £341
Median daily rate (50th Percentile) £750 £550 £425
Median % change year-on-year +36.36% +29.41% -
75th Percentile - £603 £513
90th Percentile - £679 £633
UK median daily rate £600 £600 £600
% change year-on-year - - +4.35%

All General Skills
Scotland

Financial Institution 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 Scotland with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,447 1,871 2,538
As % of all contract IT jobs advertised in Scotland 65.18% 65.58% 71.84%
Number of daily rates quoted 868 1,379 1,837
10th Percentile £180 £249 £219
25th Percentile £363 £406 £365
Median daily rate (50th Percentile) £475 £475 £460
Median % change year-on-year - +3.26% +8.24%
75th Percentile £588 £569 £545
90th Percentile £675 £650 £625
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +7.07%
Number of hourly rates quoted 73 29 42
10th Percentile £12.30 £12.75 £13.07
25th Percentile £16.00 £16.00 £17.31
Median hourly rate £19.17 £21.26 £25.91
Median % change year-on-year -9.83% -17.94% -9.10%
75th Percentile £60.00 £58.75 £47.78
90th Percentile £69.00 £67.50 £53.45
UK median hourly rate £28.42 £35.00 £21.84
% change year-on-year -18.80% +60.27% -2.94%

Financial Institution
Job Vacancy Trend in Scotland

Job postings citing Financial Institution as a proportion of all IT jobs advertised in Scotland.

Job vacancy trend for Financial Institution in Scotland

Financial Institution
Contractor Daily Rate Trend in Scotland

3-month moving average daily rate quoted in jobs citing Financial Institution in Scotland.

Daily rate trend for Financial Institution in Scotland

Financial Institution
Daily Rate Histogram in Scotland

Daily rate distribution for jobs citing Financial Institution in Scotland over the 6 months to 24 April 2024.

Daily rate histogram for Financial Institution in Scotland

Financial Institution
Contractor Hourly Rate Trend in Scotland

3-month moving average hourly rates quoted in jobs citing Financial Institution in Scotland.

Hourly rate trend for Financial Institution in Scotland

Financial Institution
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Institution within the Scotland region over the 6 months to 24 April 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
Glasgow +15 11 £750 +36.36% 3
Aberdeen - 2 - -
Financial Institution
UK

Financial Institution
Co-occurring Skills and Capabilities in Scotland 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:

Applications
1 2 (15.38%) Microsoft Excel
1 2 (15.38%) Microsoft Office
1 2 (15.38%) Microsoft PowerPoint
Database & Business Intelligence
1 3 (23.08%) Big Data
1 3 (23.08%) Data Warehouse
1 3 (23.08%) Parquet
General
1 13 (100.00%) Finance
2 2 (15.38%) Manufacturing
2 2 (15.38%) Pharmaceutical
2 2 (15.38%) Social Skills
Job Titles
1 11 (84.62%) Developer
2 8 (61.54%) Java Developer
2 8 (61.54%) Java Scala Developer
2 8 (61.54%) Linux Developer
2 8 (61.54%) Scala Developer
3 2 (15.38%) Analyst
3 2 (15.38%) Python Developer
4 1 (7.69%) 1st Line Support
4 1 (7.69%) 1st Line Support Analyst
4 1 (7.69%) Service Analyst
4 1 (7.69%) Service Desk Analyst
4 1 (7.69%) Support Analyst
Libraries, Frameworks & Software Standards
1 3 (23.08%) Apache Avro
1 3 (23.08%) PySpark
Miscellaneous
1 3 (23.08%) Distributed Computing
2 2 (15.38%) Biopharmaceutical
2 2 (15.38%) Hedge funds
2 2 (15.38%) Renewable Energy
Operating Systems
1 8 (61.54%) Linux
2 2 (15.38%) Windows
2 2 (15.38%) Windows 10
Processes & Methodologies
1 11 (84.62%) Software Engineering
2 3 (23.08%) Data Modelling
2 3 (23.08%) ETL
3 2 (15.38%) Asset Management
3 2 (15.38%) Customer Service
3 2 (15.38%) Service Management
Programming Languages
1 8 (61.54%) Java
1 8 (61.54%) Scala
2 3 (23.08%) Python
Qualifications
1 2 (15.38%) Degree
1 2 (15.38%) MCP
Quality Assurance & Compliance
1 3 (23.08%) Data Quality
2 2 (15.38%) SLA
Vendors
1 2 (15.38%) Microsoft