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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 14 December 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 |
|
|
6 months to
14 Dec 2019 |
Same period 2018 |
Same period 2017 |
| Rank |
35 |
22 |
10 |
| Rank change year-on-year |
-13 |
-12 |
+7 |
| Contract jobs citing Banking |
4,344 |
7,608 |
10,169 |
| As % of all contract IT jobs advertised in the UK |
5.49% |
7.25% |
9.85% |
| As % of the General category |
14.55% |
18.16% |
22.68% |
| Number of daily rates quoted |
2,938 |
5,310 |
6,982 |
| UK median daily rate |
£550 |
£550 |
£520 |
| Median daily rate % change year-on-year |
- |
+5.77% |
+4.00% |
| 10th Percentile |
£325 |
£360 |
£310 |
| 90th Percentile |
£725 |
£713 |
£688 |
| UK excluding London median daily rate |
£463 |
£450 |
£413 |
| % change year-on-year |
+2.78% |
+9.09% |
-0.12% |
| Number of hourly rates quoted |
44 |
73 |
35 |
| UK median hourly rate |
£21.00 |
£18.70 |
£15.00 |
| Median hourly rate % change year-on-year |
+12.30% |
+24.67% |
-50.00% |
| 10th Percentile |
£15.71 |
£11.17 |
£13.00 |
| 90th Percentile |
£46.00 |
£27.25 |
£27.50 |
| UK excluding London median hourly rate |
£29.25 |
£13.23 |
£13.75 |
| % change year-on-year |
+121.17% |
-3.82% |
-53.39% |
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 |
29,849 |
41,891 |
44,828 |
| As % of all contract IT jobs advertised in the UK |
37.72% |
39.92% |
43.42% |
| Number of daily rates quoted |
19,162 |
27,356 |
29,613 |
| UK median daily rate |
£475 |
£475 |
£463 |
| Median daily rate % change year-on-year |
- |
+2.70% |
+2.78% |
| 10th Percentile |
£275 |
£300 |
£269 |
| 90th Percentile |
£675 |
£675 |
£656 |
| UK excluding London median daily rate |
£435 |
£425 |
£410 |
| % change year-on-year |
+2.35% |
+3.66% |
+2.50% |
| Number of hourly rates quoted |
969 |
1,131 |
1,092 |
| UK median hourly rate |
£22.00 |
£21.25 |
£22.50 |
| Median hourly rate % change year-on-year |
+3.53% |
-5.56% |
+12.50% |
| 10th Percentile |
£12.44 |
£11.85 |
£11.35 |
| 90th Percentile |
£50.00 |
£48.75 |
£47.50 |
| UK excluding London median hourly rate |
£20.63 |
£20.00 |
£23.00 |
| % change year-on-year |
+3.13% |
-13.04% |
+15.00% |
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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 14 December 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 14 December 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 14 December 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 14 December 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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