Period
to 17 November 2017

The median contractor rate for a Banking Business Analyst was £403 per day in advertised job vacancies in the South West 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
England > South West
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 187 201 201
Rank change year-on-year +14 0 +8
Contract jobs requiring a Banking Business Analyst 15 4 24
As % of all contract IT jobs advertised in the South West 0.26% 0.069% 0.36%
As % of the Job Titles category 0.28% 0.073% 0.38%
Number of daily rates quoted 15 2 27
South West median daily rate £403 £411 £405
Median daily rate % change year-on-year -2.13% +1.54% -4.71%
10th Percentile £342 £372 £342
90th Percentile £446 £442 £471
England median daily rate £473 £463 £450
% change year-on-year +2.22% +2.78% -10.00%
Number of hourly rates quoted 0 0 0
South West median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the South West. 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 West
Contract vacancies in the South West with a recognized job title 5391 5515 6317
% of contract IT jobs with a recognized job title 95.23% 94.84% 95.44%
Number of daily rates quoted 3376 3578 4102
South West median daily rate £388 £375 £375
Median daily rate % change year-on-year +3.33% - -
10th Percentile £210 £213 £215
90th Percentile £538 £550 £525
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 253 344 397
South West median hourly rate £32.00 £25.00 £27.50
Median hourly rate % change year-on-year +28.00% -9.09% +37.50%
10th Percentile £11.50 £11.00 £11.17
90th Percentile £50.00 £46.18 £46.05
England median hourly rate £18.70 £18.38 £17.98
% change year-on-year +1.77% +2.20% +8.97%

Banking Business Analyst
Job Vacancy Trend in the South West

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

Job vacancy trend for Banking Business Analyst in the South West

Banking Business Analyst
Contractor Daily Rate Trend in the South West

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

Contractor daily rate trend for Banking Business Analyst in the South West

Banking Business Analyst
Contractor Daily Rate Histogram in the South West

The daily rate distribution of IT jobs citing Banking Business Analyst in the South West over the 6 months to 17 November 2017.

Contractor daily rate histogram for Banking Business Analyst in the South West

Banking Business Analyst
Contract Job Locations in the South West

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 West 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
Bristol +4 12 £392 -4.74%
Gloucestershire - 2 £374 -
Dorset +9 1 £450 -
Banking Business Analyst
England

Banking Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the South West

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 West region featuring Banking Business Analyst in the job title.

1 15 (100.00%) Banking
2 13 (86.67%) Finance
3 9 (60.00%) Business Analysis
4 7 (46.67%) Retail Banking
5 4 (26.67%) Requirements Analysis
5 4 (26.67%) Stakeholder Management
6 3 (20.00%) Validation
6 3 (20.00%) Requirements Management
6 3 (20.00%) Agile Software Development
6 3 (20.00%) Regulatory Compliance
7 2 (13.33%) Lean Six Sigma
7 2 (13.33%) Unit Testing
7 2 (13.33%) Continuous Improvement
7 2 (13.33%) Migration
7 2 (13.33%) MS Visio
7 2 (13.33%) Six Sigma
7 2 (13.33%) Business Continuity
8 1 (6.67%) General Ledger
8 1 (6.67%) Retail
8 1 (6.67%) Oracle
8 1 (6.67%) Microsoft Office
8 1 (6.67%) Risk Management
8 1 (6.67%) Programme Governance
8 1 (6.67%) Data Ingestion
8 1 (6.67%) Data Lake
8 1 (6.67%) Root Cause Analysis
8 1 (6.67%) Big Data
8 1 (6.67%) Analytical Skills
8 1 (6.67%) Software Delivery
8 1 (6.67%) Test Management

Banking Business Analyst Skill Set
Co-occurring IT Skills in the South West 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 2 (13.33%) MS Visio
2 1 (6.67%) Microsoft Office
Database & Business Intelligence
1 1 (6.67%) Big Data
1 1 (6.67%) Data Lake
1 1 (6.67%) Hadoop
General
1 15 (100.00%) Banking
2 13 (86.67%) Finance
3 7 (46.67%) Retail Banking
4 1 (6.67%) General Ledger
4 1 (6.67%) Marketing
4 1 (6.67%) Retail
Miscellaneous
1 1 (6.67%) Analytical Skills
Processes & Methodologies
1 9 (60.00%) Business Analysis
2 4 (26.67%) Requirements Analysis
2 4 (26.67%) Stakeholder Management
3 3 (20.00%) Agile Software Development
3 3 (20.00%) Regulatory Compliance
3 3 (20.00%) Requirements Management
3 3 (20.00%) Validation
4 2 (13.33%) Business Continuity
4 2 (13.33%) Continuous Improvement
4 2 (13.33%) Lean Six Sigma
4 2 (13.33%) Migration
4 2 (13.33%) Six Sigma
4 2 (13.33%) Unit Testing
5 1 (6.67%) Data Ingestion
5 1 (6.67%) Programme Governance
5 1 (6.67%) Risk Management
5 1 (6.67%) Root Cause Analysis
5 1 (6.67%) Software Delivery
5 1 (6.67%) Test Management
5 1 (6.67%) Waterfall
Vendors
1 1 (6.67%) Oracle