Banking Contracts in the UK excluding London

Banking
UK > UK excluding London

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 26 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 84 82 95
Rank change year-on-year -2 +13 -26
Contract jobs citing Banking 493 703 874
As % of all contract jobs advertised in the UK excluding London 2.37% 2.91% 2.82%
As % of the General category 4.34% 5.16% 5.08%
Number of daily rates quoted 312 411 593
10th Percentile £350 £400 £325
25th Percentile £413 £450 £413
Median daily rate (50th Percentile) £513 £540 £500
Median % change year-on-year -5.09% +8.00% +17.65%
75th Percentile £637 £650 £575
90th Percentile £749 £738 £669
UK median daily rate £615 £650 £625
% change year-on-year -5.38% +4.00% +13.64%
Number of hourly rates quoted 17 3 11
10th Percentile £11.65 £24.16 £10.63
25th Percentile £12.30 £38.42 £12.51
Median hourly rate £18.27 £64.38 £16.00
Median % change year-on-year -71.62% +302.34% +14.04%
75th Percentile £40.50 £67.66 £28.72
90th Percentile £85.00 £68.31 £43.50
UK median hourly rate £19.50 £21.00 £25.71
% change year-on-year -7.14% -18.30% +62.07%

All General Skills
UK excluding London

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.

Contract vacancies with a requirement for common skills 11,368 13,623 17,218
As % of all contract IT jobs advertised in the UK excluding London 54.72% 56.43% 55.65%
Number of daily rates quoted 6,507 9,296 11,814
10th Percentile £205 £226 £208
25th Percentile £363 £400 £363
Median daily rate (50th Percentile) £495 £500 £475
Median % change year-on-year -1.00% +5.26% +11.76%
75th Percentile £600 £600 £575
90th Percentile £688 £689 £650
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +7.07%
Number of hourly rates quoted 1,638 801 1,057
10th Percentile £12.50 £13.41 £12.43
25th Percentile £15.00 £16.54 £13.50
Median hourly rate £27.59 £30.50 £18.70
Median % change year-on-year -9.53% +63.10% -6.50%
75th Percentile £51.91 £61.25 £35.00
90th Percentile £65.00 £70.00 £54.90
UK median hourly rate £29.83 £35.00 £21.66
% change year-on-year -14.79% +61.61% -3.74%

Banking
Job Vacancy Trend in the UK excluding London

Job postings citing Banking as a proportion 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

3-month moving average daily rate quoted in jobs citing Banking in the UK excluding London.

Daily rate trend for Banking in the UK excluding London

Banking
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Banking in the UK excluding London over the 6 months to 26 April 2024.

Daily rate histogram for Banking in the UK excluding London

Banking
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Banking in the UK excluding London.

Hourly rate trend for Banking in the UK excluding London

Banking
Hourly Rate Histogram in the UK excluding London

Hourly rate distribution of jobs citing Banking in the UK excluding London over the 6 months to 26 April 2024.

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 26 April 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
North of England +2 175 £500 -5.88% 65
Scotland 0 135 £575 +15.00% 53
North West +13 95 £500 -2.91% 43
South East +27 83 £513 -14.58% 43
Yorkshire -12 75 £444 -19.32% 18
Midlands -5 46 £485 -10.80% 34
East Midlands +42 28 £472 +10.94% 12
South West +7 26 £630 +9.57% 28
East of England +26 21 £588 +30.56% 13
West Midlands -3 17 £525 -4.55% 22
Northern Ireland -7 10 £469 +10.29% 5
North East +18 5 £500 -30.56% 4
Isle of Man - 3 - -
South Coast - 3 £500 -
Banking
UK

Banking
Co-occurring Skills and Capabilities in the UK excluding London 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 18 (3.65%) SharePoint
2 8 (1.62%) Confluence
2 8 (1.62%) SAS
3 7 (1.42%) Apache Spark
4 5 (1.01%) IBM HTTP Server
4 5 (1.01%) Oracle SOA Suite
4 5 (1.01%) WebSphere
4 5 (1.01%) WebSphere Application Server
4 5 (1.01%) WebSphere Portal
5 4 (0.81%) Microsoft Exchange
5 4 (0.81%) Oracle Workflow
6 2 (0.41%) Apache Airflow
6 2 (0.41%) Exchange Server 2007
6 2 (0.41%) Exchange Server 2013
7 1 (0.20%) Apache
7 1 (0.20%) Appian
7 1 (0.20%) Cloud Foundry
7 1 (0.20%) JBoss
7 1 (0.20%) Mule
7 1 (0.20%) Tomcat
Applications
1 37 (7.51%) Microsoft Excel
2 24 (4.87%) Microsoft Office
3 8 (1.62%) MS Visio
4 7 (1.42%) Spreadsheet
5 3 (0.61%) Microsoft PowerPoint
5 3 (0.61%) Microsoft Project
6 2 (0.41%) Adobe XD
6 2 (0.41%) InVision
6 2 (0.41%) Sketch
7 1 (0.20%) Chatbot
7 1 (0.20%) UserZoom
Business Applications
1 5 (1.01%) Temenos T24
2 3 (0.61%) Dynamics CRM
2 3 (0.61%) Oracle Assets
2 3 (0.61%) Oracle EBS
2 3 (0.61%) Oracle EBS R12
2 3 (0.61%) Oracle FAH
2 3 (0.61%) Oracle Financials
2 3 (0.61%) Oracle General Ledger
2 3 (0.61%) Oracle Payables
2 3 (0.61%) Oracle Receivables
2 3 (0.61%) SAP S/4HANA
3 2 (0.41%) Payment Gateway
3 2 (0.41%) SAP PS
4 1 (0.20%) Hyperion Planning
4 1 (0.20%) Loan IQ
4 1 (0.20%) Markit EDM
4 1 (0.20%) Unit4 Business World
Cloud Services
1 54 (10.95%) AWS
2 49 (9.94%) Azure
3 21 (4.26%) GCP
4 19 (3.85%) Entra ID
5 12 (2.43%) OpenShift
6 11 (2.23%) Power Platform
7 8 (1.62%) IaaS
8 7 (1.42%) Cloud Computing
9 6 (1.22%) Apigee
9 6 (1.22%) Serverless
10 5 (1.01%) AWS Lambda
10 5 (1.01%) Kong
10 5 (1.01%) Snowflake
11 4 (0.81%) Microsoft 365
12 3 (0.61%) Amazon EMR
12 3 (0.61%) Amazon S3
12 3 (0.61%) Dynamics 365
12 3 (0.61%) Figma
12 3 (0.61%) PaaS
12 3 (0.61%) SaaS
Communications & Networking
1 39 (7.91%) DMZ
2 20 (4.06%) Firewall
3 16 (3.25%) DNS
4 14 (2.84%) DHCP
5 10 (2.03%) Cisco Nexus
6 9 (1.83%) SAN
6 9 (1.83%) VPN
7 8 (1.62%) HTTP
7 8 (1.62%) Remote Desktop
8 7 (1.42%) Wi-Fi
9 6 (1.22%) Fibre Channel
9 6 (1.22%) iSCSI
9 6 (1.22%) TCP/IP
10 5 (1.01%) ATM
10 5 (1.01%) NAS
10 5 (1.01%) SSL
11 4 (0.81%) Internet
11 4 (0.81%) SD-WAN
11 4 (0.81%) Wireless
12 3 (0.61%) F5 BIG-IP LTM
Database & Business Intelligence
1 9 (1.83%) Power BI
2 7 (1.42%) Big Data
2 7 (1.42%) MongoDB
2 7 (1.42%) SQL Server
3 6 (1.22%) DB2
3 6 (1.22%) NoSQL
3 6 (1.22%) OLAP
3 6 (1.22%) Tableau
4 5 (1.01%) Hadoop
4 5 (1.01%) OLTP
4 5 (1.01%) Oracle OLAP
4 5 (1.01%) Relational Database
5 4 (0.81%) Apache Hive
5 4 (0.81%) Data Warehouse
6 3 (0.61%) Impala
6 3 (0.61%) PostgreSQL
6 3 (0.61%) RDBMS
7 2 (0.41%) BigQuery
7 2 (0.41%) BusinessObjects
7 2 (0.41%) Data Lake
Development Applications
1 27 (5.48%) JIRA
2 16 (3.25%) Git
3 15 (3.04%) Jenkins
4 5 (1.01%) IBM UrbanCode
5 3 (0.61%) Android Studio
5 3 (0.61%) Toad
6 2 (0.41%) Gradle
6 2 (0.41%) JMeter
6 2 (0.41%) LoadRunner
6 2 (0.41%) Selenium
6 2 (0.41%) TeamCity
7 1 (0.20%) Artifactory
7 1 (0.20%) Bitbucket
7 1 (0.20%) Bitbucket Server
7 1 (0.20%) CA Release Automation
7 1 (0.20%) Log4j
7 1 (0.20%) Mockito
7 1 (0.20%) Subversion
7 1 (0.20%) Team Foundation Server
7 1 (0.20%) Xcode
General
1 290 (58.82%) Finance
2 116 (23.53%) Social Skills
3 54 (10.95%) Analytical Skills
4 44 (8.92%) Investment Banking
5 17 (3.45%) Billing
5 17 (3.45%) Retail
6 14 (2.84%) Retail Banking
7 13 (2.64%) Organisational Skills
8 11 (2.23%) Corporate Banking
9 7 (1.42%) Influencing Skills
9 7 (1.42%) Wholesale Banking
10 5 (1.01%) Documentation Skills
10 5 (1.01%) Inclusion and Diversity
10 5 (1.01%) Legal
10 5 (1.01%) Pharmaceutical
10 5 (1.01%) Public Sector
11 3 (0.61%) Financial Institution
11 3 (0.61%) Presentation Skills
11 3 (0.61%) Telecoms
12 2 (0.41%) General Ledger
Job Titles
1 90 (18.26%) Analyst
2 72 (14.60%) Architect
3 52 (10.55%) Senior
4 47 (9.53%) Solutions Architect
5 41 (8.32%) Developer
6 40 (8.11%) Network Engineer
7 28 (5.68%) Business Analyst
8 27 (5.48%) Project Manager
9 25 (5.07%) Senior Network Engineer
10 20 (4.06%) Data Analyst
11 19 (3.85%) Lead
12 18 (3.65%) Banking Analyst
12 18 (3.65%) Java Developer
13 17 (3.45%) Cybersecurity Analyst
13 17 (3.45%) Security Analyst
14 16 (3.25%) Consultant
15 12 (2.43%) Commercial Manager
15 12 (2.43%) Infrastructure Engineer
15 12 (2.43%) Python Engineer
15 12 (2.43%) Technical Analyst
Libraries, Frameworks & Software Standards
1 18 (3.65%) Kafka
1 18 (3.65%) SailPoint
2 16 (3.25%) Middleware
3 14 (2.84%) Spring
4 10 (2.03%) J2EE
4 10 (2.03%) REST
4 10 (2.03%) RESTful
4 10 (2.03%) Spring Boot
5 8 (1.62%) RabbitMQ
6 6 (1.22%) SOAP
6 6 (1.22%) Web Services
7 5 (1.01%) Flash
7 5 (1.01%) IBM Integration Bus
7 5 (1.01%) POSIX
8 4 (0.81%) Apache Camel
8 4 (0.81%) Hibernate
8 4 (0.81%) React Native
8 4 (0.81%) Spring Integration
8 4 (0.81%) XML
9 3 (0.61%) JSON
Miscellaneous
1 22 (4.46%) Public Cloud
2 16 (3.25%) Management Information System
3 13 (2.64%) Data Centre
4 12 (2.43%) Legacy Systems
4 12 (2.43%) Onboarding
5 11 (2.23%) Product Ownership
6 10 (2.03%) Mainframe
6 10 (2.03%) SWIFT Messaging Network
7 7 (1.42%) Analytical Mindset
7 7 (1.42%) Mobile App
8 6 (1.22%) Data Protection Act
8 6 (1.22%) Data Structures
8 6 (1.22%) Team-Oriented Environment
9 5 (1.01%) Cloud Native
9 5 (1.01%) DataPower
9 5 (1.01%) Online Banking
9 5 (1.01%) Security Posture
9 5 (1.01%) Virtual Team
10 4 (0.81%) Algorithms
10 4 (0.81%) Embedded Systems
Operating Systems
1 37 (7.51%) Linux
2 35 (7.10%) Windows
3 28 (5.68%) Unix
4 11 (2.23%) Windows 7
4 11 (2.23%) Windows Server
5 9 (1.83%) Windows 10
6 8 (1.62%) Android
7 7 (1.42%) MVS
7 7 (1.42%) Red Hat Enterprise Linux
8 6 (1.22%) zOS
9 3 (0.61%) Apple iOS
9 3 (0.61%) Data ONTAP
9 3 (0.61%) Mac OS X
10 2 (0.41%) VMS
11 1 (0.20%) AIX
11 1 (0.20%) Oracle Linux
11 1 (0.20%) Solaris
Processes & Methodologies
1 97 (19.68%) Agile
2 71 (14.40%) Migration
3 63 (12.78%) Problem-Solving
3 63 (12.78%) Stakeholder Management
4 57 (11.56%) Change Management
5 51 (10.34%) DevOps
6 38 (7.71%) Project Management
7 36 (7.30%) Microservices
8 30 (6.09%) Decision-Making
9 28 (5.68%) Design Patterns
9 28 (5.68%) Enterprise Architecture
10 27 (5.48%) Computer Science
11 26 (5.27%) Change Control
12 25 (5.07%) B2B
12 25 (5.07%) CI/CD
12 25 (5.07%) SDLC
12 25 (5.07%) Service Management
12 25 (5.07%) TOGAF
13 24 (4.87%) ITSM
13 24 (4.87%) Roadmaps
Programming Languages
1 52 (10.55%) Java
1 52 (10.55%) Python
2 44 (8.92%) SQL
3 21 (4.26%) Perl
4 7 (1.42%) Bash
4 7 (1.42%) Kotlin
5 6 (1.22%) JavaScript
5 6 (1.22%) Scala
6 4 (0.81%) PL/SQL
6 4 (0.81%) PowerShell
7 3 (0.61%) C#
7 3 (0.61%) Go
7 3 (0.61%) Ruby
7 3 (0.61%) Search Processing Language
7 3 (0.61%) Shell Script
7 3 (0.61%) TypeScript
8 2 (0.41%) C
8 2 (0.41%) C++
8 2 (0.41%) Kusto Query Language
8 2 (0.41%) T-SQL
Qualifications
1 45 (9.13%) Degree
2 30 (6.09%) Cisco Certification
3 21 (4.26%) Computer Science Degree
4 11 (2.23%) Security Cleared
5 7 (1.42%) AWS Certification
5 7 (1.42%) AWS Certified Solutions Architect
5 7 (1.42%) Master's Degree
5 7 (1.42%) VMware Certified Professional (VCP)
6 6 (1.22%) SC Cleared
6 6 (1.22%) TOGAF Certification
7 5 (1.01%) A+ Certification
7 5 (1.01%) CCNA
7 5 (1.01%) Network+ Certification
8 4 (0.81%) Microsoft Certification
9 3 (0.61%) CCSA
9 3 (0.61%) CCSE
9 3 (0.61%) DV Cleared
9 3 (0.61%) ISEB
9 3 (0.61%) ISTQB
10 2 (0.41%) ISEB Practitioner
Quality Assurance & Compliance
1 26 (5.27%) QA
2 25 (5.07%) PMO
3 19 (3.85%) SLA
4 5 (1.01%) NIST
5 4 (0.81%) Data Quality
6 3 (0.61%) Accessibility
6 3 (0.61%) GDPR
7 2 (0.41%) Disclosure Scotland
7 2 (0.41%) ISO 20022
7 2 (0.41%) ISO/IEC 27001
7 2 (0.41%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
7 2 (0.41%) PCI DSS
7 2 (0.41%) WCAG
8 1 (0.20%) COREP
8 1 (0.20%) FINREP
8 1 (0.20%) IFRS
8 1 (0.20%) IFRS 9
8 1 (0.20%) ISO 8583
8 1 (0.20%) PSD2
8 1 (0.20%) SEPA
System Software
1 28 (5.68%) Active Directory
2 16 (3.25%) VMware Infrastructure
3 13 (2.64%) Docker
4 8 (1.62%) Hyper-V
5 7 (1.42%) KVM
5 7 (1.42%) Virtual Machines
5 7 (1.42%) VMware ESXi
5 7 (1.42%) VMware Workstation
6 5 (1.01%) NFS
6 5 (1.01%) VMware NSX
6 5 (1.01%) vSphere
7 4 (0.81%) Firmware
8 3 (0.61%) GPFS
9 2 (0.41%) HDFS
9 2 (0.41%) Virtual Servers
10 1 (0.20%) Oracle RAC
10 1 (0.20%) Virtual Desktop
Systems Management
1 17 (3.45%) Kubernetes
2 10 (2.03%) Ansible
3 8 (1.62%) Terraform
4 7 (1.42%) vCenter Server
5 6 (1.22%) NetBackup
6 5 (1.01%) Prometheus
6 5 (1.01%) Single Sign-On
7 4 (0.81%) Grafana
8 3 (0.61%) HP Quality Center
8 3 (0.61%) Progress Chef
8 3 (0.61%) Puppet
8 3 (0.61%) Veritas Storage Foundation
9 2 (0.41%) AirWatch
9 2 (0.41%) SCCM
10 1 (0.20%) CFEngine
10 1 (0.20%) Hadoop YARN
10 1 (0.20%) Kibana
10 1 (0.20%) PowerBroker
10 1 (0.20%) Thomson Reuters DACS
10 1 (0.20%) Zipkin
Vendors
1 69 (14.00%) Microsoft
2 45 (9.13%) Cisco
3 37 (7.51%) CheckPoint
4 25 (5.07%) Arista
5 19 (3.85%) Oracle
6 18 (3.65%) CyberArk
6 18 (3.65%) VMware
7 17 (3.45%) IBM
8 16 (3.25%) Google
9 10 (2.03%) Salesforce
10 9 (1.83%) Blue Coat
10 9 (1.83%) F5
10 9 (1.83%) Fortinet
10 9 (1.83%) Juniper
10 9 (1.83%) Splunk
11 7 (1.42%) MicroStrategy
11 7 (1.42%) Veritas
12 6 (1.22%) SAP
12 6 (1.22%) ServiceNow
13 5 (1.01%) Dell