Period
to 17 November 2017

The median contractor rate for a Banking Business Analyst was £368 per day in advertised job vacancies in South Wales during the 6 months to 17 November 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.

Business Analyst - Banking
Wales > South Wales
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 76 88 97
Rank change year-on-year +12 +9 -7
Contract jobs requiring a Banking Business Analyst 6 1 13
As % of all contract IT jobs advertised in South Wales 0.61% 0.087% 1.01%
As % of the Job Titles category 0.63% 0.089% 1.05%
Number of daily rates quoted 6 1 14
South Wales median daily rate £368 £405 £387
Median daily rate % change year-on-year -9.26% +4.79% -3.38%
10th Percentile £327 £405 £337
90th Percentile £425 £405 £405
Wales median daily rate £368 £405 £387
% change year-on-year -9.26% +4.79% -3.38%
Number of hourly rates quoted 0 0 0
South Wales median hourly rate - - -
Wales median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in South Wales. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
South Wales
Contract vacancies in South Wales with a recognized job title 951 1119 1242
% of contract IT jobs with a recognized job title 97.04% 97.90% 96.50%
Number of daily rates quoted 644 764 938
South Wales median daily rate £375 £400 £350
Median daily rate % change year-on-year -6.25% +14.29% -
10th Percentile £168 £200 £213
90th Percentile £520 £536 £475
Wales median daily rate £375 £400 £350
% change year-on-year -6.25% +14.29% -
Number of hourly rates quoted 49 68 55
South Wales median hourly rate £17.50 £15.64 £15.75
Median hourly rate % change year-on-year +11.93% -0.73% +12.50%
10th Percentile £11.17 £10.40 £9.85
90th Percentile £47.10 £72.25 £28.15
Wales median hourly rate £15.37 £13.50 £14.00
% change year-on-year +13.85% -3.57% -3.45%

Banking Business Analyst
Job Vacancy Trend in South Wales

Job postings that featured Banking Business Analyst in the job title as a percentage of all IT jobs advertised in South Wales.

Job vacancy trend for Banking Business Analyst in South Wales

Banking Business Analyst
Contractor Daily Rate Trend in South Wales

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking Business Analyst in South Wales.

Contractor daily rate trend for Banking Business Analyst in South Wales

Banking Business Analyst
Contract Job Locations in South Wales

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 South Wales region over the 6 months to 17 November 2017. 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
Cardiff -4 6 £368 -9.26%
Banking Business Analyst
Wales

Banking Business Analyst Skill Set
Top 28 Co-occurring IT Skills in South Wales

For the 6 months to 17 November 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 South Wales region featuring Banking Business Analyst in the job title.

1 6 (100.00%) Banking
1 6 (100.00%) Finance
2 5 (83.33%) Business Analysis
3 4 (66.67%) Stakeholder Management
4 3 (50.00%) Validation
4 3 (50.00%) Regulatory Compliance
4 3 (50.00%) Requirements Management
5 2 (33.33%) Requirements Analysis
5 2 (33.33%) Retail Banking
6 1 (16.67%) QA
6 1 (16.67%) Problem Management
6 1 (16.67%) Kanban
6 1 (16.67%) Test Automation
6 1 (16.67%) Stakeholder Engagement
6 1 (16.67%) Cucumber
6 1 (16.67%) BDD
6 1 (16.67%) Continuous Improvement
6 1 (16.67%) Root Cause Analysis
6 1 (16.67%) User Stories
6 1 (16.67%) Analytical Skills
6 1 (16.67%) Software Delivery
6 1 (16.67%) Acceptance Criteria
6 1 (16.67%) Microsoft Office
6 1 (16.67%) MS Visio
6 1 (16.67%) Microsoft
6 1 (16.67%) Scrum
6 1 (16.67%) Agile Software Development
6 1 (16.67%) TDD

Banking Business Analyst Skill Set
Co-occurring IT Skills in South Wales 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:

Applications
1 1 (16.67%) Microsoft Office
1 1 (16.67%) MS Visio
Development Applications
1 1 (16.67%) Cucumber
General
1 6 (100.00%) Banking
1 6 (100.00%) Finance
2 2 (33.33%) Retail Banking
Miscellaneous
1 1 (16.67%) Analytical Skills
Processes & Methodologies
1 5 (83.33%) Business Analysis
2 4 (66.67%) Stakeholder Management
3 3 (50.00%) Regulatory Compliance
3 3 (50.00%) Requirements Management
3 3 (50.00%) Validation
4 2 (33.33%) Requirements Analysis
5 1 (16.67%) Acceptance Criteria
5 1 (16.67%) Agile Software Development
5 1 (16.67%) BDD
5 1 (16.67%) Continuous Improvement
5 1 (16.67%) Kanban
5 1 (16.67%) Problem Management
5 1 (16.67%) Root Cause Analysis
5 1 (16.67%) Scrum
5 1 (16.67%) Software Delivery
5 1 (16.67%) Stakeholder Engagement
5 1 (16.67%) TDD
5 1 (16.67%) Test Automation
5 1 (16.67%) User Stories
Quality Assurance & Compliance
1 1 (16.67%) QA
Vendors
1 1 (16.67%) Microsoft