Banking Contracts in the South East

Banking
England > South East

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 30 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
30 May 2024
Same period 2023 Same period 2022
Rank 108 144 174
Rank change year-on-year +36 +30 -25
Contract jobs citing Banking 94 72 85
As % of all contract jobs advertised in the South East 1.67% 1.28% 1.11%
As % of the General category 3.37% 2.20% 2.00%
Number of daily rates quoted 65 47 68
10th Percentile £148 £420 £328
25th Percentile £388 £503 £425
Median daily rate (50th Percentile) £513 £600 £523
Median % change year-on-year -14.58% +14.67% +13.13%
75th Percentile £538 £731 £588
90th Percentile £690 £800 £656
England median daily rate £625 £650 £640
% change year-on-year -3.85% +1.56% +11.30%
Number of hourly rates quoted 5 0 2
10th Percentile - - £11.82
25th Percentile £14.50 - £12.52
Median hourly rate £15.00 - £13.68
75th Percentile £15.50 - £14.84
90th Percentile £24.20 - £15.54
England median hourly rate £19.05 £15.72 £24.96
% change year-on-year +21.18% -37.01% +77.87%

All General Skills
South East

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.

Contract vacancies with a requirement for common skills 2,788 3,280 4,255
As % of all contract IT jobs advertised in the South East 49.66% 58.37% 55.76%
Number of daily rates quoted 1,522 2,221 2,836
10th Percentile £213 £239 £213
25th Percentile £356 £400 £384
Median daily rate (50th Percentile) £500 £500 £500
Median % change year-on-year - - +5.82%
75th Percentile £608 £625 £588
90th Percentile £688 £721 £660
England median daily rate £535 £550 £550
% change year-on-year -2.73% - +10.00%
Number of hourly rates quoted 342 160 209
10th Percentile £12.88 £15.75 £12.50
25th Percentile £18.32 £22.34 £15.63
Median hourly rate £45.00 £48.54 £20.00
Median % change year-on-year -7.29% +142.70% -23.08%
75th Percentile £61.30 £63.19 £33.75
90th Percentile £70.16 £74.10 £51.90
England median hourly rate £30.50 £31.96 £21.50
% change year-on-year -4.57% +48.65% +0.47%

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 30 May 2024.

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
Hourly Rate Histogram in the South East

Hourly rate distribution of jobs citing Banking in the South East over the 6 months to 30 May 2024.

Hourly rate histogram 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 30 May 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
Thames Valley +21 55 £513 -6.82% 11
Berkshire +27 39 £513 +20.59% 3
Surrey +28 36 £513 -16.33% 6
Buckinghamshire +20 16 £463 -36.21% 8
Hampshire +6 16 £270 -47.32% 8
Kent +9 6 £775 +5.08% 8
West Sussex +10 2 £425 -15.00% 3
East Sussex - 2 £525 - 2
Banking
England

Banking
Co-occurring Skills and Capabilities in the South East 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:

Application Platforms
1 3 (3.19%) Confluence
2 2 (2.13%) Apache Spark
2 2 (2.13%) Microsoft Exchange
3 1 (1.06%) Appian
3 1 (1.06%) Exchange Server 2007
3 1 (1.06%) Exchange Server 2013
3 1 (1.06%) SAS
3 1 (1.06%) SharePoint
Applications
1 8 (8.51%) Microsoft Office
2 7 (7.45%) Microsoft Excel
3 1 (1.06%) Trello
Business Applications
1 2 (2.13%) Dynamics CRM
Cloud Services
1 7 (7.45%) AWS
2 6 (6.38%) Power Platform
3 4 (4.26%) Azure
4 3 (3.19%) Microsoft 365
5 2 (2.13%) Snowflake
6 1 (1.06%) Amazon EMR
6 1 (1.06%) Azure Functions
6 1 (1.06%) Azure Logic Apps
6 1 (1.06%) Azure Service Bus
6 1 (1.06%) Cloud Computing
6 1 (1.06%) Dynamics 365
6 1 (1.06%) Miro
6 1 (1.06%) OpenShift
6 1 (1.06%) Serverless
Communications & Networking
1 37 (39.36%) DMZ
2 11 (11.70%) Cisco Nexus
2 11 (11.70%) Firewall
2 11 (11.70%) VPN
3 1 (1.06%) Cisco IOS
Database & Business Intelligence
1 6 (6.38%) Power BI
2 2 (2.13%) Apache Hive
2 2 (2.13%) Big Data
2 2 (2.13%) Data Warehouse
2 2 (2.13%) Hadoop
2 2 (2.13%) Impala
3 1 (1.06%) Data Lake
3 1 (1.06%) Oracle Exadata
3 1 (1.06%) PostgreSQL
3 1 (1.06%) Sqoop
Development Applications
1 7 (7.45%) JIRA
2 3 (3.19%) Git
3 2 (2.13%) Jenkins
4 1 (1.06%) Android Studio
4 1 (1.06%) Artifactory
4 1 (1.06%) Maven
4 1 (1.06%) SQL Server Management Studio (SSMS)
4 1 (1.06%) Subversion
4 1 (1.06%) Team Foundation Server
4 1 (1.06%) Visual Studio
General
1 66 (70.21%) Finance
2 11 (11.70%) Investment Banking
3 8 (8.51%) Analytical Skills
3 8 (8.51%) Retail
3 8 (8.51%) Social Skills
4 7 (7.45%) Wholesale Banking
5 6 (6.38%) Corporate Banking
6 5 (5.32%) French Language
6 5 (5.32%) Marketing
7 4 (4.26%) Billing
7 4 (4.26%) Front Office
8 2 (2.13%) Financial Institution
8 2 (2.13%) Influencing Skills
9 1 (1.06%) Documentation Skills
9 1 (1.06%) Retail Banking
Job Titles
1 36 (38.30%) Network Engineer
2 26 (27.66%) Senior
3 25 (26.60%) Senior Network Engineer
4 11 (11.70%) Blue Coat Engineer
4 11 (11.70%) Cisco Engineer
4 11 (11.70%) Cisco Network Engineer
4 11 (11.70%) Juniper Engineer
5 10 (10.64%) Analyst
6 8 (8.51%) Architect
6 8 (8.51%) Coordinator
6 8 (8.51%) Developer
7 5 (5.32%) Business Analyst
7 5 (5.32%) Project Manager
8 4 (4.26%) Python Developer
8 4 (4.26%) Quantitative Developer
9 3 (3.19%) Cisco Security Engineer
9 3 (3.19%) Data Engineer
9 3 (3.19%) Network Security Engineer
9 3 (3.19%) Security Engineer
9 3 (3.19%) Solutions Architect
Libraries, Frameworks & Software Standards
1 3 (3.19%) Kafka
2 1 (1.06%) .NET
2 1 (1.06%) .NET Framework
2 1 (1.06%) Android SDK
2 1 (1.06%) GraphQL
2 1 (1.06%) gRPC
2 1 (1.06%) JSON
2 1 (1.06%) Middleware
2 1 (1.06%) RabbitMQ
2 1 (1.06%) REST
2 1 (1.06%) RESTful
2 1 (1.06%) Spring
2 1 (1.06%) XML
Miscellaneous
1 4 (4.26%) Derivative
1 4 (4.26%) Foreign Exchange (FX)
1 4 (4.26%) Product Ownership
2 3 (3.19%) Cloud Native
2 3 (3.19%) Data Protection Act
3 2 (2.13%) Data Centre
3 2 (2.13%) Management Information System
4 1 (1.06%) Analytical Mindset
4 1 (1.06%) Blackberry
4 1 (1.06%) Credit Risk
4 1 (1.06%) Equities
4 1 (1.06%) Legacy Systems
4 1 (1.06%) Mainframe
4 1 (1.06%) Mobile App
4 1 (1.06%) Mobile Banking
4 1 (1.06%) PKI
4 1 (1.06%) Security Posture
4 1 (1.06%) Self-Motivation
4 1 (1.06%) Video Conferencing
Operating Systems
1 5 (5.32%) Linux
2 4 (4.26%) Windows
3 2 (2.13%) zOS
4 1 (1.06%) Android
4 1 (1.06%) Mac OS X
4 1 (1.06%) Unix
4 1 (1.06%) Windows 7
Processes & Methodologies
1 34 (36.17%) Migration
2 26 (27.66%) B2B
3 13 (13.83%) Design Patterns
4 12 (12.77%) Change Control
5 11 (11.70%) Architectural Patterns
5 11 (11.70%) High Availability
5 11 (11.70%) ITSM
6 10 (10.64%) Agile
7 8 (8.51%) Line Management
8 7 (7.45%) Financial Analysis
9 6 (6.38%) Customer Experience
9 6 (6.38%) Problem-Solving
9 6 (6.38%) User Stories
10 5 (5.32%) Business Intelligence
10 5 (5.32%) Data Analysis
10 5 (5.32%) Roadmaps
10 5 (5.32%) Stakeholder Management
10 5 (5.32%) Waterfall
11 4 (4.26%) Disaster Recovery
11 4 (4.26%) User Acceptance Testing
Programming Languages
1 7 (7.45%) SQL
2 5 (5.32%) Python
3 1 (1.06%) Go
3 1 (1.06%) Java
3 1 (1.06%) Kotlin
3 1 (1.06%) Scala
3 1 (1.06%) T-SQL
Qualifications
1 25 (26.60%) Cisco Certification
2 1 (1.06%) Computer Science Degree
2 1 (1.06%) Degree
Quality Assurance & Compliance
1 1 (1.06%) Data Quality
1 1 (1.06%) IFRS
1 1 (1.06%) IFRS 9
1 1 (1.06%) PMO
1 1 (1.06%) QA
1 1 (1.06%) SLA
System Software
1 1 (1.06%) Active Directory
1 1 (1.06%) Docker
1 1 (1.06%) HDFS
Systems Management
1 2 (2.13%) NetBackup
2 1 (1.06%) AirWatch
2 1 (1.06%) Ansible
2 1 (1.06%) Control-M
2 1 (1.06%) HP Quality Center
2 1 (1.06%) Kubernetes
2 1 (1.06%) Single Sign-On
Vendors
1 37 (39.36%) Cisco
2 36 (38.30%) CheckPoint
3 25 (26.60%) Arista
4 11 (11.70%) Blue Coat
4 11 (11.70%) Fortinet
4 11 (11.70%) Juniper
4 11 (11.70%) Microsoft
5 7 (7.45%) MicroStrategy
6 4 (4.26%) OpenText
7 2 (2.13%) Informatica
7 2 (2.13%) Salesforce
8 1 (1.06%) Apple
8 1 (1.06%) CA Agile Central
8 1 (1.06%) HP
8 1 (1.06%) Remedy
8 1 (1.06%) ServiceNow