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The table below looks at the prevalence of the term Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 23 September 2019 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 |
|
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6 months to
23 Sep 2019 |
Same period 2018 |
Same period 2017 |
| Rank |
24 |
21 |
10 |
| Rank change year-on-year |
-3 |
-11 |
+7 |
| Contract jobs citing Banking |
5,860 |
7,627 |
9,955 |
| As % of all contract IT jobs advertised in the UK |
6.66% |
7.54% |
10.16% |
| As % of the General category |
16.96% |
18.56% |
23.06% |
| Number of daily rates quoted |
3,880 |
5,224 |
6,981 |
| UK median daily rate |
£525 |
£525 |
£501 |
| Median daily rate % change year-on-year |
- |
+4.90% |
+4.27% |
| 10th Percentile |
£342 |
£350 |
£325 |
| 90th Percentile |
£713 |
£713 |
£675 |
| UK excluding London median daily rate |
£450 |
£425 |
£413 |
| % change year-on-year |
+5.88% |
+3.03% |
- |
| Number of hourly rates quoted |
48 |
85 |
46 |
| UK median hourly rate |
£21.00 |
£18.70 |
£15.00 |
| Median hourly rate % change year-on-year |
+12.30% |
+24.67% |
-32.20% |
| 10th Percentile |
£15.47 |
£13.00 |
£12.14 |
| 90th Percentile |
£50.36 |
£26.85 |
£25.13 |
| UK excluding London median hourly rate |
£35.00 |
£13.50 |
£13.00 |
| % change year-on-year |
+159.26% |
+3.85% |
+16.51% |
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 with a requirement for common skills.
| All General Skills UK |
| Contract vacancies with a requirement for common skills |
34,552 |
41,088 |
43,172 |
| As % of all contract IT jobs advertised in the UK |
39.29% |
40.63% |
44.07% |
| Number of daily rates quoted |
22,103 |
26,663 |
28,433 |
| UK median daily rate |
£480 |
£475 |
£450 |
| Median daily rate % change year-on-year |
+1.05% |
+5.56% |
+2.86% |
| 10th Percentile |
£300 |
£288 |
£275 |
| 90th Percentile |
£675 |
£675 |
£650 |
| UK excluding London median daily rate |
£438 |
£425 |
£403 |
| % change year-on-year |
+2.94% |
+5.59% |
+0.63% |
| Number of hourly rates quoted |
949 |
1,113 |
1,067 |
| UK median hourly rate |
£22.50 |
£21.41 |
£22.50 |
| Median hourly rate % change year-on-year |
+5.09% |
-4.84% |
+9.76% |
| 10th Percentile |
£12.48 |
£11.68 |
£11.25 |
| 90th Percentile |
£50.00 |
£48.75 |
£48.00 |
| UK excluding London median hourly rate |
£22.50 |
£20.00 |
£22.52 |
| % change year-on-year |
+12.50% |
-11.19% |
+12.60% |
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Banking
Job Vacancy Trend
Job postings citing Banking as a percentage of all IT jobs advertised.
Banking
Contractor Daily Rate Trend
This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking.
Banking
Contractor Daily Rate Histogram
The daily rate distribution of IT jobs citing Banking over the 6 months to 23 September 2019.
Banking
Contractor Hourly Rate Trend
This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking.
Banking
Contractor Hourly Rate Histogram
The hourly rate distribution of IT jobs citing Banking over the 6 months to 23 September 2019.
Banking
Top 17 Contract Locations
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 over the 6 months to 23 September 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.
For the 6 months to 23 September 2019, 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 with a requirement for Banking.
Banking
Co-occurring IT Skills 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:
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