Banking
UK
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 7 December 2023 with a comparison to the same period over the previous 2 years.
| 6 months to 7 Dec 2023 |
Same period 2022 | Same period 2021 | |
|---|---|---|---|
| Rank | 24 | 22 | 27 |
| Rank change year-on-year | -2 | +5 | -5 |
| Contract jobs citing Banking | 3,246 | 6,324 | 6,054 |
| As % of all contract jobs advertised in the UK | 7.23% | 8.24% | 6.76% |
| As % of the General category | 12.15% | 13.92% | 12.64% |
| Number of daily rates quoted | 2,138 | 4,000 | 4,278 |
| 10th Percentile | £400 | £425 | £413 |
| 25th Percentile | £508 | £513 | £506 |
| Median daily rate (50th Percentile) | £613 | £650 | £600 |
| Median % change year-on-year | -5.77% | +8.33% | +9.09% |
| 75th Percentile | £750 | £763 | £700 |
| 90th Percentile | £848 | £838 | £788 |
| UK excluding London median daily rate | £550 | £525 | £485 |
| % change year-on-year | +4.76% | +8.25% | +19.75% |
| Number of hourly rates quoted | 22 | 16 | 51 |
| 10th Percentile | £15.72 | £14.78 | £12.30 |
| 25th Percentile | £17.12 | £16.75 | £12.40 |
| Median hourly rate | £18.50 | £23.00 | £15.86 |
| Median % change year-on-year | -19.57% | +45.02% | -16.53% |
| 75th Percentile | £28.50 | £46.00 | £37.38 |
| 90th Percentile | £51.75 | £52.00 | £65.00 |
| UK excluding London median hourly rate | £18.50 | £18.37 | £15.25 |
| % change year-on-year | +0.74% | +20.43% | -3.85% |
All General Skills
UK
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 | 26,723 | 45,446 | 47,889 |
| As % of all contract IT jobs advertised in the UK | 59.54% | 59.19% | 53.46% |
| Number of daily rates quoted | 17,712 | 31,074 | 32,877 |
| 10th Percentile | £281 | £315 | £310 |
| 25th Percentile | £420 | £446 | £413 |
| Median daily rate (50th Percentile) | £550 | £550 | £525 |
| Median % change year-on-year | - | +4.76% | +10.53% |
| 75th Percentile | £650 | £663 | £625 |
| 90th Percentile | £750 | £763 | £725 |
| UK excluding London median daily rate | £500 | £500 | £450 |
| % change year-on-year | - | +11.11% | +5.88% |
| Number of hourly rates quoted | 1,106 | 1,212 | 1,428 |
| 10th Percentile | £14.25 | £13.41 | £12.25 |
| 25th Percentile | £16.84 | £16.29 | £13.25 |
| Median hourly rate | £31.86 | £25.00 | £19.52 |
| Median % change year-on-year | +27.42% | +28.07% | -13.24% |
| 75th Percentile | £58.75 | £58.75 | £43.00 |
| 90th Percentile | £71.28 | £70.00 | £58.75 |
| UK excluding London median hourly rate | £30.00 | £22.00 | £17.25 |
| % change year-on-year | +36.36% | +27.54% | -18.05% |
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 7 December 2023.
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 7 December 2023.
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 7 December 2023. 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 |
|---|---|---|---|---|---|
| England | -6 | 2,778 | £613 | -5.77% | 968 |
| London | -1 | 2,304 | £630 | -6.67% | 733 |
| Work from Home | +1 | 1,399 | £625 | - | 923 |
| UK excluding London | +9 | 658 | £550 | +4.76% | 291 |
| North of England | +7 | 256 | £525 | +5.00% | 83 |
| Scotland | +3 | 215 | £618 | +17.76% | 42 |
| Yorkshire | +12 | 157 | £488 | -2.50% | 34 |
| North West | -1 | 91 | £550 | +10.00% | 45 |
| Midlands | +37 | 57 | £534 | +6.80% | 27 |
| South East | -45 | 48 | £546 | -0.68% | 93 |
| East Midlands | +39 | 34 | £490 | +15.29% | 7 |
| South West | +2 | 31 | £600 | +2.13% | 34 |
| East of England | +41 | 30 | £549 | +29.12% | 9 |
| West Midlands | +25 | 21 | £600 | +20.00% | 20 |
| Northern Ireland | -6 | 20 | £493 | +9.44% | 7 |
| North East | +36 | 7 | £525 | -27.08% | 4 |
| Wales | +12 | 6 | £450 | -10.00% | |
| Isle of Man | - | 3 | £475 | - |
Banking
Co-occurring Skills and Capabilities 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:
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||