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 3 months to 29 March 2017 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.

Financial Institution
UK / Scotland
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 105 107 100
Rank change year-on-year +2 -7  
Contract jobs citing Financial Institution 1 27 25
As % of all contract IT jobs advertised in Scotland 0.057% 1.04% 0.86%
As % of the General category 0.14% 2.09% 1.87%
Number of daily rates quoted 1 19 18
Median daily rate £375 £475 £394
Median daily rate % change year-on-year -21.05% +20.63%  
UK excluding London median daily rate £450 £450 £400
% change year-on-year - +12.50%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £16.00

Financial Institution is in the common skills category. The next 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.

General Skills
Scotland
Contract job vacancies with a requirement for common skills 728 1292 1340
As % of all contract IT job vacancies advertised in Scotland 41.39% 49.85% 46.13%
Number of daily rates quoted 425 650 690
Median daily rate £400 £425 £400
Median daily rate % change year-on-year -5.88% +6.25%  
90% offered a daily rate of more than £230 £300 £275
10% offered a daily rate of more than £500 £575 £500
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 10 12 28
Median hourly rate £45.00 £40.00 £20.69
Median hourly rate % change year-on-year +12.50% +93.33%  
90% offered a hourly rate of more than £12.00 £22.00 £10.00
10% offered a hourly rate of more than £51.18 £48.80 £44.00
UK excluding London median hourly rate £27.00 £30.00 £25.00
% change year-on-year -10.00% +20.00%  

Financial Institution
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland citing Financial Institution as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Financial Institution in Scotland

Financial Institution
Contractor Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Institution in Scotland.

Contractor daily rate trend for Financial Institution in Scotland

Financial Institution
Contractor Hourly Rate Trend in Scotland

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Institution in Scotland.

Contractor 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 3 months to 29 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
Edinburgh -2 1 £375 -21.05% 1
Financial Institution
UK

For the 6 months to 29 March 2017, IT contractor jobs citing Financial Institution also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Scotland region with a requirement for Financial Institution.

1 3 (100.00%) Finance
2 2 (66.67%) Stakeholder Management
2 2 (66.67%) Scrum
2 2 (66.67%) Agile Software Development
2 2 (66.67%) Banking
2 2 (66.67%) Retail
2 2 (66.67%) Retail Banking
2 2 (66.67%) User Acceptance Testing
2 2 (66.67%) Test Management
3 1 (33.33%) HTML5
3 1 (33.33%) Front End Development
3 1 (33.33%) HTML
3 1 (33.33%) JavaScript
3 1 (33.33%) .NET
3 1 (33.33%) CSS

Financial Institution
Co-occurring IT Skills in Scotland 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:

General
1 3 (100.00%) Finance
2 2 (66.67%) Banking
2 2 (66.67%) Retail
2 2 (66.67%) Retail Banking
Job Titles
1 2 (66.67%) Test Manager
2 1 (33.33%) Agile Test Manager
2 1 (33.33%) Developer
2 1 (33.33%) Finance Manager
2 1 (33.33%) JavaScript Developer
2 1 (33.33%) Senior Developer
2 1 (33.33%) Senior JavaScript Developer
Libraries, Frameworks & Software Standards
1 1 (33.33%) .NET
1 1 (33.33%) CSS
1 1 (33.33%) HTML
1 1 (33.33%) HTML5
Processes & Methodologies
1 2 (66.67%) Agile Software Development
1 2 (66.67%) Scrum
1 2 (66.67%) Stakeholder Management
1 2 (66.67%) Test Management
1 2 (66.67%) User Acceptance Testing
2 1 (33.33%) Front End Development
Programming Languages
1 1 (33.33%) JavaScript