Period
to 19 February 2020

The table below looks at the prevalence of the term Online Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Online Banking over the 6 months to 19 February 2020 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.

Online Banking (Internet Banking)
UK
6 months to
19 Feb 2020
Same period 2019 Same period 2018
Rank 731 800 797
Rank change year-on-year +69 -3 -45
Contract jobs citing Online Banking 13 74 92
As % of all contract IT jobs advertised in the UK 0.019% 0.075% 0.091%
As % of the Miscellaneous category 0.060% 0.23% 0.28%
Number of daily rates quoted 10 55 36
UK median daily rate £563 £563 £419
Median daily rate % change year-on-year - +34.33% -22.09%
10th Percentile £390 £413 £274
90th Percentile £610 £675 £563
UK excluding London median daily rate £400 £425 £375
% change year-on-year -5.88% +13.33% -23.08%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Online Banking is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 21,745 31,669 33,113
As % of all contract IT jobs advertised in the UK 31.54% 31.92% 32.87%
Number of daily rates quoted 13,620 20,638 21,974
UK median daily rate £456 £475 £450
Median daily rate % change year-on-year -4.00% +5.56% +5.88%
10th Percentile £235 £275 £259
90th Percentile £675 £653 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% +0.63%
Number of hourly rates quoted 982 1,039 1,021
UK median hourly rate £23.85 £20.50 £21.50
Median hourly rate % change year-on-year +16.34% -4.65% +9.95%
10th Percentile £12.44 £11.85 £11.61
90th Percentile £53.00 £48.75 £48.75
UK excluding London median hourly rate £21.75 £20.00 £20.25
% change year-on-year +8.75% -1.23% +10.20%

Online Banking
Job Vacancy Trend

Job postings citing Online Banking as a percentage of all IT jobs advertised.

Job vacancy trend for Online Banking in the UK

Online Banking
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Online Banking.

Contractor daily rate trend for Online Banking in the UK

Online Banking
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Online Banking over the 6 months to 19 February 2020.

Contractor daily rate histogram for Online Banking in the UK

Online Banking
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Online Banking.

Contractor hourly rate trend for Online Banking in the UK

Online Banking
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Online Banking within the UK over the 6 months to 19 February 2020. 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
Job
Vacancies
England +105 12 £575 +2.22% 4
London +71 7 £575 +1.10% 3
UK excluding London +102 6 £400 -5.88% 1
North of England - 2 £625 -
South East - 2 £400 - 1
Scotland - 1 £400 -
Yorkshire - 1 £650 -
East Midlands - 1 - -
Midlands - 1 - -
North West - 1 £600 -

For the 6 months to 19 February 2020, IT contractor jobs citing Online 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 Online Banking.

1 13 (100.00%) Banking
2 6 (46.15%) Agile Software Development
3 4 (30.77%) Finance
3 4 (30.77%) Mobile App
3 4 (30.77%) PSD2
4 3 (23.08%) Migration
4 3 (23.08%) .NET
4 3 (23.08%) Internet
4 3 (23.08%) Azure
4 3 (23.08%) AWS
5 2 (15.38%) Retail Banking
5 2 (15.38%) Test Automation
5 2 (15.38%) JIRA
5 2 (15.38%) QA
5 2 (15.38%) C#
5 2 (15.38%) Mainframe
5 2 (15.38%) Scrum
5 2 (15.38%) JavaScript
5 2 (15.38%) Firewall
5 2 (15.38%) Serverless
5 2 (15.38%) .NET Core
5 2 (15.38%) Project Delivery
5 2 (15.38%) Confluence
5 2 (15.38%) Docker
5 2 (15.38%) DevOps
5 2 (15.38%) Microservices
5 2 (15.38%) Kubernetes
5 2 (15.38%) Fintech
6 1 (7.69%) Re-Platforming
6 1 (7.69%) Terraform

Online 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:

Application Platforms
1 2 (15.38%) Confluence
2 1 (7.69%) Adobe Experience Manager
2 1 (7.69%) Tomcat
Business Applications
1 1 (7.69%) Finacle
1 1 (7.69%) Payment Gateway
Cloud Services
1 3 (23.08%) AWS
1 3 (23.08%) Azure
2 2 (15.38%) Serverless
3 1 (7.69%) Akamai
3 1 (7.69%) Amazon EC2
3 1 (7.69%) Amazon S3
3 1 (7.69%) AWS CloudFormation
3 1 (7.69%) Cloud Computing
3 1 (7.69%) Cloudflare
3 1 (7.69%) GCP
Communications & Networking
1 3 (23.08%) Internet
2 2 (15.38%) Firewall
3 1 (7.69%) Reverse Proxy
3 1 (7.69%) SSL
3 1 (7.69%) X.509
Development Applications
1 2 (15.38%) JIRA
2 1 (7.69%) Appium
2 1 (7.69%) Artifactory
2 1 (7.69%) Bitbucket
2 1 (7.69%) Gerrit
2 1 (7.69%) Git (software)
2 1 (7.69%) Gradle
2 1 (7.69%) Jenkins
2 1 (7.69%) Selenium
2 1 (7.69%) WebDriver
General
1 13 (100.00%) Banking
2 4 (30.77%) Finance
3 2 (15.38%) Retail Banking
4 1 (7.69%) Retail
Job Titles
1 3 (23.08%) Project Manager
2 2 (15.38%) .NET Developer
2 2 (15.38%) Analyst
2 2 (15.38%) Architect
2 2 (15.38%) Azure Developer
2 2 (15.38%) Banking Project Manager
2 2 (15.38%) Business Analyst
2 2 (15.38%) C# .NET Developer
2 2 (15.38%) C# Developer
2 2 (15.38%) Compliance Manager
2 2 (15.38%) Compliance Project Manager
2 2 (15.38%) Developer
2 2 (15.38%) Infrastructure Manager
2 2 (15.38%) Infrastructure Project Manager
2 2 (15.38%) IT Infrastructure Manager
2 2 (15.38%) IT Infrastructure Project Manager
2 2 (15.38%) IT Manager
2 2 (15.38%) IT Project Manager
2 2 (15.38%) Regulatory Compliance Manager
2 2 (15.38%) Regulatory Compliance Project Manager
Libraries, Frameworks & Software Standards
1 3 (23.08%) .NET
2 2 (15.38%) .NET Core
3 1 (7.69%) Node.js
3 1 (7.69%) React
3 1 (7.69%) Velocity
Miscellaneous
1 4 (30.77%) Mobile App
2 2 (15.38%) Mainframe
3 1 (7.69%) Analytical Skills
3 1 (7.69%) Distributed Denial-of-Service
3 1 (7.69%) Mobile Banking
3 1 (7.69%) PKI
3 1 (7.69%) User Experience
3 1 (7.69%) Virtual Team
Operating Systems
1 1 (7.69%) Android
1 1 (7.69%) Linux
1 1 (7.69%) Mac OS
1 1 (7.69%) VMS
1 1 (7.69%) Windows
Processes & Methodologies
1 6 (46.15%) Agile Software Development
2 3 (23.08%) Migration
3 2 (15.38%) DevOps
3 2 (15.38%) Fintech
3 2 (15.38%) Microservices
3 2 (15.38%) Project Delivery
3 2 (15.38%) Scrum
3 2 (15.38%) Test Automation
4 1 (7.69%) Cybersecurity
4 1 (7.69%) DDoS Mitigation
4 1 (7.69%) Mobile First
4 1 (7.69%) Re-Platforming
4 1 (7.69%) Scaled Agile Framework
4 1 (7.69%) SDLC
4 1 (7.69%) Server Management
4 1 (7.69%) Sprint Planning
4 1 (7.69%) Sprint Retrospective
4 1 (7.69%) Sprint Review
4 1 (7.69%) Static Code Analysis
4 1 (7.69%) Virtual Team Management
Programming Languages
1 2 (15.38%) C#
1 2 (15.38%) JavaScript
2 1 (7.69%) COBOL
2 1 (7.69%) Java
2 1 (7.69%) Python
2 1 (7.69%) Shell Script
Quality Assurance & Compliance
1 4 (30.77%) PSD2
2 2 (15.38%) QA
System Software
1 2 (15.38%) Docker
Systems Management
1 2 (15.38%) Kubernetes
2 1 (7.69%) Terraform
Vendors
1 1 (7.69%) Adobe
1 1 (7.69%) Apple
1 1 (7.69%) Dynatrace
1 1 (7.69%) F5
1 1 (7.69%) Google
1 1 (7.69%) IBM
1 1 (7.69%) Imperva
1 1 (7.69%) MuleSoft
1 1 (7.69%) Neustar
1 1 (7.69%) Ping Identity