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 May 2022 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 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.
Contract vacancies with a requirement for common skills
49,034
30,825
24,581
As % of all contract IT jobs advertised in the UK
56.53%
52.86%
51.02%
Number of daily rates quoted
34,000
20,611
15,946
10th Percentile
£321
£300
£256
25th Percentile
£425
£400
£375
Median daily rate (50th Percentile)
£538
£500
£475
Median % change year-on-year
+7.50%
+5.26%
-
75th Percentile
£650
£600
£588
90th Percentile
£750
£700
£675
UK excluding London median daily rate
£475
£438
£438
% change year-on-year
+8.57%
-
+2.94%
Number of hourly rates quoted
1,397
1,132
1,012
10th Percentile
£12.50
£12.00
£12.42
25th Percentile
£15.00
£14.25
£15.00
Median hourly rate
£22.50
£22.00
£20.00
Median % change year-on-year
+2.27%
+10.00%
+6.95%
75th Percentile
£47.40
£43.75
£40.52
90th Percentile
£59.40
£55.00
£52.50
UK excluding London median hourly rate
£19.25
£19.00
£19.00
% change year-on-year
+1.29%
-
+5.56%
Banking Job Vacancy Trend
Job postings citing Banking as a proportion of all IT jobs advertised.
Banking Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Banking.
Banking Daily Rate Histogram
Daily rate distribution for jobs citing Banking over the 6 months to 23 May 2022.
Banking Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Banking.
Banking Hourly Rate Histogram
Hourly rate distribution of jobs citing Banking over the 6 months to 23 May 2022.
Banking Top 18 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 May 2022. 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
For the 6 months to 23 May 2022, 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.
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:
