Period
to 23 February 2020

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the UK excluding London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 23 February 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
UK > UK excluding London
6 months to
23 Feb 2020
Same period 2019 Same period 2018
Rank 95 55 40
Rank change year-on-year -40 -15 +14
Contract jobs citing Banking 903 2,069 2,659
As % of all contract IT jobs advertised in the UK excluding London 2.41% 3.94% 5.07%
As % of the General category 7.31% 11.38% 13.73%
Number of daily rates quoted 472 1,214 1,503
UK excluding London median daily rate £450 £450 £410
Median daily rate % change year-on-year - +9.76% -0.61%
10th Percentile £158 £313 £225
90th Percentile £625 £613 £552
UK median daily rate £550 £550 £525
% change year-on-year - +4.76% +5.00%
Number of hourly rates quoted 16 30 15
UK excluding London median hourly rate £21.63 £13.43 £13.75
Median hourly rate % change year-on-year +61.08% -2.36% -21.43%
10th Percentile £14.33 £9.42 £11.18
90th Percentile £46.00 £22.50 £51.40
UK median hourly rate £21.00 £17.66 £15.00
% change year-on-year +18.91% +17.73% -50.00%

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 UK excluding London with a requirement for common skills.

All General Skills
UK excluding London
Contract vacancies with a requirement for common skills 12,361 18,174 19,361
As % of all contract IT jobs advertised in the UK excluding London 32.97% 34.65% 36.92%
Number of daily rates quoted 7,175 10,961 11,589
UK excluding London median daily rate £431 £434 £413
Median daily rate % change year-on-year -0.63% +5.15% +3.13%
10th Percentile £225 £269 £250
90th Percentile £613 £600 £575
UK median daily rate £475 £480 £473
% change year-on-year -1.04% +1.59% +5.00%
Number of hourly rates quoted 641 825 829
UK excluding London median hourly rate £20.11 £20.25 £21.79
Median hourly rate % change year-on-year -0.67% -7.09% +8.95%
10th Percentile £12.59 £11.41 £11.25
90th Percentile £49.00 £48.75 £48.55
UK median hourly rate £22.36 £22.00 £22.00
% change year-on-year +1.64% - +4.76%

Banking
Job Vacancy Trend in the UK excluding London

Job postings citing Banking as a percentage of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Banking in the UK excluding London

Banking
Contractor Daily Rate Trend in the UK excluding London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in the UK excluding London.

Contractor daily rate trend for Banking in the UK excluding London

Banking
Contractor Daily Rate Histogram in the UK excluding London

The daily rate distribution of IT jobs citing Banking in the UK excluding London over the 6 months to 23 February 2020.

Contractor daily rate histogram for Banking in the UK excluding London

Banking
Contractor Hourly Rate Trend in the UK excluding London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in the UK excluding London.

Contractor hourly rate trend for Banking in the UK excluding London

Banking
Contractor Hourly Rate Histogram in the UK excluding London

The hourly rate distribution of IT jobs citing Banking in the UK excluding London over the 6 months to 23 February 2020.

Contractor hourly rate histogram for Banking in the UK excluding London

Banking
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the UK excluding London region over the 6 months to 23 February 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
Scotland -9 313 £525 +16.67% 38
North of England -43 203 £450 +5.88% 89
South East 0 147 £475 - 30
North West -36 116 £445 -1.11% 40
South West -76 93 £425 -22.73% 20
Midlands -22 75 £175 -61.11% 47
Yorkshire -47 56 £463 +14.20% 34
East Midlands -11 38 £150 -62.50% 22
West Midlands +37 36 £500 +6.95% 24
Northern Ireland -2 32 £425 +3.16% 2
North East +39 31 £450 +2.86% 15
East of England +30 23 £395 -11.24% 14
Channel Islands 0 16 £500 - 1
Wales +3 1 £400 +11.11% 5
Banking
UK

For the 6 months to 23 February 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 UK excluding London region with a requirement for Banking.

1 361 (39.98%) Finance
2 253 (28.02%) Agile Software Development
3 134 (14.84%) Java
4 118 (13.07%) Windows
5 105 (11.63%) Investment Banking
6 98 (10.85%) SQL
7 96 (10.63%) Stakeholder Management
8 95 (10.52%) Retail
9 93 (10.30%) Analytical Skills
10 87 (9.63%) DevOps
11 83 (9.19%) Scrum
12 80 (8.86%) JIRA
13 78 (8.64%) Data Centre
14 75 (8.31%) Python
15 73 (8.08%) Linux
15 73 (8.08%) Microsoft
15 73 (8.08%) AWS
15 73 (8.08%) Problem-Solving
16 71 (7.86%) Retail Banking
16 71 (7.86%) Project Management
17 66 (7.31%) ITIL
17 66 (7.31%) Test Automation
18 65 (7.20%) Windows 10
19 63 (6.98%) Telecoms
20 61 (6.76%) JavaScript
20 61 (6.76%) User Experience
21 59 (6.53%) Project Delivery
22 58 (6.42%) Azure
23 57 (6.31%) Jenkins
24 52 (5.76%) Migration

Banking
Co-occurring IT Skills in the UK excluding London 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 38 (4.21%) Apache Spark
2 36 (3.99%) Confluence
3 24 (2.66%) SharePoint
4 15 (1.66%) SAS
5 14 (1.55%) Apache
6 13 (1.44%) WebSphere
7 12 (1.33%) IIS
8 9 (1.00%) CMS
9 8 (0.89%) nginx
10 7 (0.78%) Adobe Experience Manager
10 7 (0.78%) Cloud Foundry
10 7 (0.78%) Tomcat
11 5 (0.55%) IBM HTTP Server
11 5 (0.55%) K2 blackpearl
11 5 (0.55%) MS Exchange
11 5 (0.55%) Skype for Business
11 5 (0.55%) WebSphere Application Server
11 5 (0.55%) WebSphere Process Server
12 3 (0.33%) Exchange Server 2010
12 3 (0.33%) SharePoint 2010
Applications
1 40 (4.43%) Microsoft Excel
2 31 (3.43%) Microsoft Office
3 18 (1.99%) Microsoft PowerPoint
4 12 (1.33%) MS Visio
5 7 (0.78%) Microsoft Project
5 7 (0.78%) Sketch
6 4 (0.44%) Chatbot
6 4 (0.44%) SPSS
7 3 (0.33%) UserZoom
8 2 (0.22%) Adobe After Effects
8 2 (0.22%) Adobe Premiere
8 2 (0.22%) Camtasia
8 2 (0.22%) OmniGraffle
8 2 (0.22%) Spreadsheet
8 2 (0.22%) Stata
9 1 (0.11%) Adobe Illustrator
9 1 (0.11%) InfoPath
9 1 (0.11%) InVision
9 1 (0.11%) Photoshop
9 1 (0.11%) Zeplin
Business Applications
1 8 (0.89%) Salesforce.com CRM
2 5 (0.55%) SAP S/4HANA
3 3 (0.33%) BASE24
3 3 (0.33%) SAP Oil and Gas
4 2 (0.22%) Dynamics CRM
4 2 (0.22%) Finacle
4 2 (0.22%) Oracle Applications
4 2 (0.22%) SAP ERP
5 1 (0.11%) ION MarketView
5 1 (0.11%) Oracle Receivables
5 1 (0.11%) Payment Gateway
5 1 (0.11%) Remedy ITSM
5 1 (0.11%) Sage 300 ERP
5 1 (0.11%) Sage CRM
5 1 (0.11%) Sparx Enterprise Architect
5 1 (0.11%) Unit4 Business World
5 1 (0.11%) Workday HCM
Cloud Services
1 73 (8.08%) AWS
2 58 (6.42%) Azure
3 40 (4.43%) Office 365
4 25 (2.77%) GitHub
5 18 (1.99%) GCP
5 18 (1.99%) OpenShift
6 14 (1.55%) Amazon S3
7 12 (1.33%) Amazon EC2
8 11 (1.22%) AWS Lambda
8 11 (1.22%) Power Platform
8 11 (1.22%) SaaS
8 11 (1.22%) Serverless
9 10 (1.11%) PaaS
9 10 (1.11%) Virtual Private Cloud
10 8 (0.89%) npm
11 7 (0.78%) Amazon CloudWatch
11 7 (0.78%) Amazon ECS
11 7 (0.78%) Amazon EKS
11 7 (0.78%) IBM Cloud
11 7 (0.78%) Route 53
Communications & Networking
1 31 (3.43%) Firewall
2 23 (2.55%) LAN
3 22 (2.44%) HTTP
4 16 (1.77%) WAN
5 15 (1.66%) Network Security
6 12 (1.33%) TCP/IP
7 11 (1.22%) HTTPS
8 9 (1.00%) Wireless
9 6 (0.66%) DHCP
9 6 (0.66%) DNS
9 6 (0.66%) SMTP
9 6 (0.66%) X.509
10 5 (0.55%) BGP
10 5 (0.55%) OSPF
10 5 (0.55%) SAN
11 4 (0.44%) Skype
11 4 (0.44%) Sourcefire
11 4 (0.44%) VPN
12 3 (0.33%) FTP
12 3 (0.33%) Spanning Tree
Database & Business Intelligence
1 49 (5.43%) Big Data
2 45 (4.98%) Hadoop
3 42 (4.65%) SQL Server
4 27 (2.99%) Apache Hive
5 20 (2.21%) Data Warehouse
6 19 (2.10%) Impala
7 18 (1.99%) HBase
8 16 (1.77%) SQL Server Reporting Services
9 14 (1.55%) SQL Server Integration Services
10 11 (1.22%) DB2
10 11 (1.22%) Power BI
10 11 (1.22%) Relational Database
10 11 (1.22%) Spark SQL
10 11 (1.22%) SQL Server 2016
11 9 (1.00%) Oracle Database
12 8 (0.89%) Amazon RDS
12 8 (0.89%) SQL Server Analysis Services
13 7 (0.78%) SQL Server 2014
14 6 (0.66%) Data Mining
14 6 (0.66%) SQL Server 2012
Development Applications
1 80 (8.86%) JIRA
2 57 (6.31%) Jenkins
3 49 (5.43%) Git (software)
4 32 (3.54%) Selenium
5 30 (3.32%) Maven
6 22 (2.44%) Sonatype Nexus
7 16 (1.77%) Cucumber
8 14 (1.55%) Artifactory
8 14 (1.55%) Eclipse
9 13 (1.44%) JUnit
9 13 (1.44%) Team Foundation Server
10 10 (1.11%) CircleCI
11 8 (0.89%) Gradle
11 8 (0.89%) TeamCity
11 8 (0.89%) WebDriver
12 7 (0.78%) Android Studio
12 7 (0.78%) Axure RP
12 7 (0.78%) SoapUI
13 6 (0.66%) Bitbucket
13 6 (0.66%) Mockito
General
1 361 (39.98%) Finance
2 105 (11.63%) Investment Banking
3 95 (10.52%) Retail
4 71 (7.86%) Retail Banking
5 63 (6.98%) Telecoms
6 29 (3.21%) Corporate Banking
7 14 (1.55%) International Banking
7 14 (1.55%) Legal
7 14 (1.55%) Public Sector
8 13 (1.44%) Financial Institution
9 9 (1.00%) Marketing
10 7 (0.78%) Law
11 6 (0.66%) Electronics
11 6 (0.66%) Publishing
12 5 (0.55%) Private Banking
13 4 (0.44%) Games
13 4 (0.44%) General Ledger
14 3 (0.33%) German Language
15 2 (0.22%) Back Office
15 2 (0.22%) Front Office
Job Titles
1 182 (20.16%) Developer
2 181 (20.04%) Analyst
3 64 (7.09%) Project Manager
4 63 (6.98%) Business Analyst
5 40 (4.43%) Architect
6 35 (3.88%) Service Analyst
7 33 (3.65%) Android Developer
7 33 (3.65%) DevOps Engineer
8 32 (3.54%) Banking Analyst
9 31 (3.43%) Data Engineer
9 31 (3.43%) Java Developer
10 30 (3.32%) Consultant
11 29 (3.21%) Senior Developer
12 27 (2.99%) Build Engineer
13 25 (2.77%) Service Desk Analyst
14 23 (2.55%) Designer
15 22 (2.44%) Administrator
15 22 (2.44%) Deployment Engineer
15 22 (2.44%) Scrum Master
16 21 (2.33%) Data Analyst
Libraries, Frameworks & Software Standards
1 43 (4.76%) Kafka
2 40 (4.43%) HTML
3 35 (3.88%) Node.js
4 34 (3.77%) .NET
5 32 (3.54%) AngularJS
5 32 (3.54%) CSS
6 23 (2.55%) REST
6 23 (2.55%) Spring
7 20 (2.21%) JSON
7 20 (2.21%) RESTful
8 19 (2.10%) Web Services
9 18 (1.99%) React
10 15 (1.66%) SOAP
11 14 (1.55%) HTML5
12 13 (1.44%) XML
13 12 (1.33%) Dagger
14 10 (1.11%) JSP
14 10 (1.11%) Twitter Bootstrap
15 9 (1.00%) Sass
15 9 (1.00%) Spring Boot
Miscellaneous
1 93 (10.30%) Analytical Skills
2 78 (8.64%) Data Centre
3 61 (6.76%) User Experience
4 27 (2.99%) Driving Licence
4 27 (2.99%) Management Information System
4 27 (2.99%) Mobile Banking
5 25 (2.77%) Mobile App
6 19 (2.10%) Mainframe
7 16 (1.77%) Virtual Team
8 10 (1.11%) Foreign Exchange (FX)
8 10 (1.11%) Self-Motivation
9 9 (1.00%) Analytical Mindset
9 9 (1.00%) Security Operations Centre
10 8 (0.89%) Public Cloud
11 7 (0.78%) Cloud Native
11 7 (0.78%) Data Structures
12 6 (0.66%) Fat Client
12 6 (0.66%) Online Banking
12 6 (0.66%) Thin Client
13 5 (0.55%) Field-Programmable Gate Array
Operating Systems
1 118 (13.07%) Windows
2 73 (8.08%) Linux
3 65 (7.20%) Windows 10
4 43 (4.76%) Windows 7
5 37 (4.10%) Android
6 32 (3.54%) Windows Server
7 31 (3.43%) Unix
8 16 (1.77%) Windows Server 2008
9 15 (1.66%) Red Hat Enterprise Linux
10 14 (1.55%) Windows Server 2012
11 13 (1.44%) Apple iOS
12 10 (1.11%) CentOS
13 6 (0.66%) CoreOS
14 3 (0.33%) Check Point GAiA
14 3 (0.33%) Solaris
15 1 (0.11%) DC/OS
15 1 (0.11%) Ubuntu
15 1 (0.11%) VMS
15 1 (0.11%) Windows Server 2003
15 1 (0.11%) Windows XP
Processes & Methodologies
1 253 (28.02%) Agile Software Development
2 96 (10.63%) Stakeholder Management
3 87 (9.63%) DevOps
4 83 (9.19%) Scrum
5 73 (8.08%) Problem-Solving
6 71 (7.86%) Project Management
7 66 (7.31%) ITIL
7 66 (7.31%) Test Automation
8 59 (6.53%) Project Delivery
9 52 (5.76%) Migration
10 50 (5.54%) TDD
11 48 (5.32%) Microservices
12 41 (4.54%) Change Management
13 40 (4.43%) Workflow
14 39 (4.32%) Continuous Integration
14 39 (4.32%) Wealth Management
15 36 (3.99%) Analytics
16 35 (3.88%) Risk Management
17 34 (3.77%) Android Development
18 33 (3.65%) SDLC
Programming Languages
1 134 (14.84%) Java
2 98 (10.85%) SQL
3 75 (8.31%) Python
4 61 (6.76%) JavaScript
5 33 (3.65%) Scala
6 30 (3.32%) Kotlin
7 28 (3.10%) PowerShell
8 24 (2.66%) C#
9 18 (1.99%) C
10 15 (1.66%) Bash Shell
11 13 (1.44%) VBA
12 12 (1.33%) Perl
13 11 (1.22%) Go
14 10 (1.11%) TypeScript
15 9 (1.00%) Apple Swift
15 9 (1.00%) Java 8
15 9 (1.00%) PHP
15 9 (1.00%) T-SQL
16 7 (0.78%) C++
16 7 (0.78%) Groovy
Qualifications
1 51 (5.65%) Degree
2 35 (3.88%) Security Cleared
3 32 (3.54%) SC Cleared
4 13 (1.44%) Computer Science Degree
5 11 (1.22%) CISSP
6 8 (0.89%) ITIL Certification
6 8 (0.89%) Microsoft Certification
7 7 (0.78%) ISTQB
8 6 (0.66%) MCSA
8 6 (0.66%) MCSE
9 5 (0.55%) CISM
9 5 (0.55%) Numerate Degree
10 4 (0.44%) PRINCE2 Practitioner
10 4 (0.44%) TOGAF Certification
11 3 (0.33%) CCSE
11 3 (0.33%) Cisco Certification
11 3 (0.33%) ISEB
11 3 (0.33%) Postgraduate
12 2 (0.22%) CCNA
12 2 (0.22%) MOS
Quality Assurance & Compliance
1 26 (2.88%) PMO
1 26 (2.88%) QA
2 20 (2.21%) SLA
3 11 (1.22%) PSD2
4 8 (0.89%) Data Quality
4 8 (0.89%) ISO/IEC 27001
5 5 (0.55%) GDPR
6 2 (0.22%) ITGC
6 2 (0.22%) Sarbanes-Oxley
7 1 (0.11%) Basel III
7 1 (0.11%) COBIT
7 1 (0.11%) MiFID
7 1 (0.11%) NCSC
7 1 (0.11%) NIST
7 1 (0.11%) PCI DSS
7 1 (0.11%) WCAG
System Software
1 48 (5.32%) Active Directory
2 41 (4.54%) Docker
3 26 (2.88%) HDFS
4 14 (1.55%) Virtual Machines
5 11 (1.22%) LXC
6 10 (1.11%) XenApp
6 10 (1.11%) XenDesktop
7 8 (0.89%) VMware Infrastructure
8 7 (0.78%) Citrix Hypervisor
9 5 (0.55%) vSphere
10 4 (0.44%) VMware ESXi
11 3 (0.33%) Gluster
11 3 (0.33%) GlusterFS
11 3 (0.33%) Hyper-V
11 3 (0.33%) NFS
11 3 (0.33%) Oracle RAC
11 3 (0.33%) Virtual Desktop
11 3 (0.33%) Virtual Servers
11 3 (0.33%) VMware NSX
12 2 (0.22%) RACF
Systems Management
1 47 (5.20%) Kubernetes
2 35 (3.88%) Ansible
3 22 (2.44%) SCCM
4 21 (2.33%) Terraform
5 19 (2.10%) Puppet
6 9 (1.00%) Hadoop YARN
7 7 (0.78%) Opscode Chef
8 5 (0.55%) WebSphere Service Registry and Repository
9 4 (0.44%) Network Intrusion Detection System
9 4 (0.44%) Oozie
9 4 (0.44%) QRadar
10 3 (0.33%) Perfmon
10 3 (0.33%) Single Sign-On
11 2 (0.22%) Cisco CUCM
11 2 (0.22%) Cisco UCCE
11 2 (0.22%) EMC NetWorker
11 2 (0.22%) Endace
11 2 (0.22%) Istio
11 2 (0.22%) Kibana
11 2 (0.22%) RSA Archer
Vendors
1 73 (8.08%) Microsoft
2 38 (4.21%) Oracle
3 35 (3.88%) Dell
3 35 (3.88%) HP
4 26 (2.88%) IBM
5 21 (2.33%) Red Hat
6 20 (2.21%) Citrix
7 19 (2.10%) VMware
8 17 (1.88%) Cisco
9 16 (1.77%) Adobe
9 16 (1.77%) Salesforce.com
10 14 (1.55%) ServiceNow
11 12 (1.33%) Google
12 9 (1.00%) SAP
12 9 (1.00%) Veracode
13 8 (0.89%) MuleSoft
13 8 (0.89%) NetApp
13 8 (0.89%) Planview
13 8 (0.89%) Splunk
14 7 (0.78%) Hortonworks