Period
to 1 October 2020

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the South East. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 1 October 2020 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
England > South East
6 months to
1 Oct 2020
Same period 2019 Same period 2018
Rank 127 103 123
Rank change year-on-year -24 +20 -77
Contract jobs citing Banking 30 328 350
As % of all contract jobs advertised in the South East 0.87% 2.31% 2.15%
As % of the General category 2.52% 6.63% 6.28%
Number of daily rates quoted 17 165 184
Median daily rate £430 £470 £450
Median daily rate % change year-on-year -8.51% +4.44% +5.88%
10th Percentile £396 £350 £325
90th Percentile £688 £638 £600
England median daily rate £550 £550 £550
Number of hourly rates quoted 0 1 4
Median hourly rate - £16.00 £13.50
Median hourly rate % change year-on-year - +18.52% -18.18%
England median hourly rate £35.00 £21.00 £18.70
% change year-on-year +66.67% +12.30% +24.67%

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 the South East with a requirement for common skills.

All General Skills
South East
Contract vacancies with a requirement for common skills 1,191 4,946 5,576
As % of all contract IT jobs advertised in the South East 34.52% 34.77% 34.22%
Number of daily rates quoted 682 2,659 3,232
Median daily rate £450 £450 £433
Median daily rate % change year-on-year - +4.05% +1.76%
10th Percentile £231 £262 £256
90th Percentile £613 £625 £588
England median daily rate £500 £498 £475
% change year-on-year +0.50% +4.74% +2.70%
Number of hourly rates quoted 94 209 178
Median hourly rate £24.65 £26.75 £26.00
Median hourly rate % change year-on-year -7.85% +2.88% +30.00%
10th Percentile £10.68 £12.50 £12.43
90th Percentile £51.38 £49.80 £53.75
Median hourly rate £31.39 £22.36 £22.00
% change year-on-year +40.37% +1.65% -2.22%

Banking
Job Vacancy Trend in the South East

Job postings citing Banking as a proportion of all IT jobs advertised in the South East.

Job vacancy trend for Banking in the South East

Banking
Contractor Daily Rate Trend in the South East

3-month moving average daily rate quoted in jobs citing Banking in the South East.

Daily rate trend for Banking in the South East

Banking
Daily Rate Histogram in the South East

Daily rate distribution for jobs citing Banking in the South East over the 6 months to 1 October 2020.

Daily rate histogram for Banking in the South East

Banking
Contractor Hourly Rate Trend in the South East

3-month moving average hourly rates quoted in jobs citing Banking in the South East.

Hourly rate trend for Banking in the South East

Banking
Contract Job Locations in the South East

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the South East region over the 6 months to 1 October 2020. 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
Job
Vacancies
Thames Valley -8 9 £425 -5.56% 3
Kent +15 6 £675 +35.00% 1
Buckinghamshire -30 6 £485 +14.12% 2
Hampshire +72 5 £405 -25.00% 1
Surrey +14 5 £500 -5.88% 1
East Sussex +41 4 £388 -11.43%
Berkshire +72 3 £425 -10.53% 1
West Sussex +48 1 - -
Banking
England

For the 6 months to 1 October 2020, 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 South East region with a requirement for Banking.

1 20 (66.67%) Finance
2 11 (36.67%) Agile Software Development
3 9 (30.00%) DevOps
4 8 (26.67%) Java
5 7 (23.33%) SQL Server
5 7 (23.33%) Python
5 7 (23.33%) Stakeholder Management
6 6 (20.00%) SQL
6 6 (20.00%) Risk Management
6 6 (20.00%) ITIL
6 6 (20.00%) Problem-Solving
7 5 (16.67%) Azure
7 5 (16.67%) Microsoft
7 5 (16.67%) Change Management
7 5 (16.67%) Asset Management
7 5 (16.67%) Git (software)
8 4 (13.33%) PowerShell
8 4 (13.33%) Migration
8 4 (13.33%) Financial Institution
8 4 (13.33%) Disaster Recovery
8 4 (13.33%) C#
8 4 (13.33%) Windows
8 4 (13.33%) Linux
8 4 (13.33%) AWS
8 4 (13.33%) Microservices
9 3 (10.00%) Apache Spark
9 3 (10.00%) Hadoop
9 3 (10.00%) HDFS
9 3 (10.00%) Tableau
9 3 (10.00%) Change Control

Banking
Co-occurring IT Skills in the South East 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 3 (10.00%) Apache Spark
2 1 (3.33%) Apache
2 1 (3.33%) Appian
2 1 (3.33%) Confluence
2 1 (3.33%) JBoss
2 1 (3.33%) Tomcat
Applications
1 1 (3.33%) Microsoft Office
Business Applications
1 2 (6.67%) Payment Gateway
2 1 (3.33%) Oracle BPM
2 1 (3.33%) Oracle Payables
2 1 (3.33%) Oracle Procure-to-Pay
2 1 (3.33%) Oracle Subledger Accounting
2 1 (3.33%) Workday HCM
Cloud Services
1 5 (16.67%) Azure
2 4 (13.33%) AWS
3 3 (10.00%) Azure Data Factory
4 1 (3.33%) Azure Active Directory
4 1 (3.33%) Coveralls
Communications & Networking
1 2 (6.67%) iSCSI
2 1 (3.33%) DNS
2 1 (3.33%) HTTP
2 1 (3.33%) Network Security
2 1 (3.33%) TETRA
Database & Business Intelligence
1 7 (23.33%) SQL Server
2 3 (10.00%) Big Data
2 3 (10.00%) Hadoop
3 2 (6.67%) PostgreSQL
4 1 (3.33%) Apache Cassandra
4 1 (3.33%) Data Lake
4 1 (3.33%) Data Warehouse
4 1 (3.33%) DB2
4 1 (3.33%) DB2 UDB
4 1 (3.33%) MySQL
4 1 (3.33%) NoSQL
4 1 (3.33%) Oracle Database
4 1 (3.33%) Oracle Reports
4 1 (3.33%) RDBMS
4 1 (3.33%) Relational Database
4 1 (3.33%) SQL Server 2014
4 1 (3.33%) SQL Server 2016
4 1 (3.33%) SQL Server Analysis Services
4 1 (3.33%) SQL Server Integration Services
4 1 (3.33%) SQL Server Reporting Services
Development Applications
1 5 (16.67%) Git (software)
2 3 (10.00%) Jenkins
3 2 (6.67%) JIRA
3 2 (6.67%) JUnit
4 1 (3.33%) Ant
4 1 (3.33%) Bitbucket Server
4 1 (3.33%) Eclipse
4 1 (3.33%) GitLab
4 1 (3.33%) Gradle
4 1 (3.33%) Maven
4 1 (3.33%) Oracle Forms
4 1 (3.33%) Selenium
4 1 (3.33%) SonarQube
4 1 (3.33%) Sonatype Nexus
4 1 (3.33%) Subversion
4 1 (3.33%) Team Foundation Server
4 1 (3.33%) TeamCity
General
1 20 (66.67%) Finance
2 4 (13.33%) Financial Institution
3 2 (6.67%) Investment Banking
3 2 (6.67%) Legal
4 1 (3.33%) Marketing
Job Titles
1 8 (26.67%) Developer
2 3 (10.00%) Azure Engineer
2 3 (10.00%) Big Data Engineer
2 3 (10.00%) Data Engineer
2 3 (10.00%) Site Engineer
2 3 (10.00%) Site Reliability Engineer
2 3 (10.00%) Test Manager
3 2 (6.67%) Analyst
3 2 (6.67%) Architect
3 2 (6.67%) DevOps Developer
3 2 (6.67%) Java Engineer
3 2 (6.67%) Senior Manager
3 2 (6.67%) Senior Test Manager
3 2 (6.67%) SQL Developer
3 2 (6.67%) VMware Engineer
4 1 (3.33%) Cisco Engineer
4 1 (3.33%) Cisco Network Engineer
4 1 (3.33%) Citrix Engineer
4 1 (3.33%) Infrastructure Engineer
4 1 (3.33%) Java Developer
Libraries, Frameworks & Software Standards
1 3 (10.00%) Kafka
2 2 (6.67%) .NET
2 2 (6.67%) Node.js
2 2 (6.67%) Web Services
2 2 (6.67%) XML
3 1 (3.33%) AngularJS
3 1 (3.33%) Electron Framework
3 1 (3.33%) GraphQL
3 1 (3.33%) HTML
3 1 (3.33%) JSP
3 1 (3.33%) LDAP
3 1 (3.33%) Middleware
3 1 (3.33%) RESTful
3 1 (3.33%) SailPoint
3 1 (3.33%) Servlets
3 1 (3.33%) SOAP
3 1 (3.33%) Spring
3 1 (3.33%) Spring Boot
Miscellaneous
1 2 (6.67%) Analytical Skills
1 2 (6.67%) Data Centre
1 2 (6.67%) Enterprise Software
2 1 (3.33%) Derivative
2 1 (3.33%) Linux Command Line
2 1 (3.33%) Mainframe
2 1 (3.33%) Management Information System
2 1 (3.33%) Mobile App
Operating Systems
1 4 (13.33%) Linux
1 4 (13.33%) Windows
2 2 (6.67%) Red Hat Enterprise Linux
2 2 (6.67%) Unix
3 1 (3.33%) Windows 10
3 1 (3.33%) Windows Server
Processes & Methodologies
1 11 (36.67%) Agile Software Development
2 9 (30.00%) DevOps
3 7 (23.33%) Stakeholder Management
4 6 (20.00%) ITIL
4 6 (20.00%) Problem-Solving
4 6 (20.00%) Risk Management
5 5 (16.67%) Asset Management
5 5 (16.67%) Change Management
6 4 (13.33%) Disaster Recovery
6 4 (13.33%) Microservices
6 4 (13.33%) Migration
7 3 (10.00%) Change Control
7 3 (10.00%) Continuous Integration
7 3 (10.00%) Event-Driven Architecture
7 3 (10.00%) Incident Management
7 3 (10.00%) Root Cause Analysis
7 3 (10.00%) Site Reliability Engineering
7 3 (10.00%) TDD
8 2 (6.67%) Release Management
8 2 (6.67%) Test Scripting
Programming Languages
1 8 (26.67%) Java
2 7 (23.33%) Python
3 6 (20.00%) SQL
4 4 (13.33%) C#
4 4 (13.33%) PowerShell
5 2 (6.67%) JavaScript
6 1 (3.33%) Bash Shell
6 1 (3.33%) BeanShell
6 1 (3.33%) Bourne shell
6 1 (3.33%) C
6 1 (3.33%) C++
6 1 (3.33%) Java 8
6 1 (3.33%) Korn
6 1 (3.33%) Perl
6 1 (3.33%) PHP
6 1 (3.33%) T-SQL
6 1 (3.33%) VB.NET
Qualifications
1 2 (6.67%) Degree
2 1 (3.33%) MCSE
2 1 (3.33%) Microsoft Certification
2 1 (3.33%) SC Cleared
2 1 (3.33%) Security Cleared
2 1 (3.33%) VCP6
2 1 (3.33%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 3 (10.00%) IFRS
1 3 (10.00%) IFRS 9
2 1 (3.33%) FINREP
2 1 (3.33%) ISO 20022
2 1 (3.33%) QA
2 1 (3.33%) SLA
System Software
1 3 (10.00%) Active Directory
1 3 (10.00%) HDFS
2 2 (6.67%) NFS
2 2 (6.67%) VMware Infrastructure
3 1 (3.33%) Docker
3 1 (3.33%) RACF
3 1 (3.33%) vCloud
3 1 (3.33%) vSphere
Systems Management
1 3 (10.00%) Foglight
1 3 (10.00%) Opscode Chef
2 2 (6.67%) Ansible
3 1 (3.33%) Puppet
3 1 (3.33%) Terraform
3 1 (3.33%) vRealize
Vendors
1 5 (16.67%) Microsoft
2 3 (10.00%) Databricks
2 3 (10.00%) Oracle
2 3 (10.00%) Red Hat
2 3 (10.00%) StreamSets
2 3 (10.00%) Tableau
3 2 (6.67%) Cisco
3 2 (6.67%) VMware
4 1 (3.33%) Citrix
4 1 (3.33%) F5
4 1 (3.33%) Ingenico
4 1 (3.33%) Pega
4 1 (3.33%) Workday