Period
to 13 April 2021

The table below looks at the prevalence of the term Retail Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Retail Banking over the 6 months to 13 April 2021 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.

Retail Banking
UK
6 months to
13 Apr 2021
Same period 2020 Same period 2019
Rank 423 514 422
Rank change year-on-year +91 -92 -109
Contract jobs citing Retail Banking 238 191 528
As % of all contract jobs advertised in the UK 0.45% 0.32% 0.55%
As % of the General category 1.11% 0.85% 1.37%
Number of daily rates quoted 159 110 375
10th Percentile £375 £400 £328
25th Percentile £400 £463 £413
Median daily rate (50th Percentile) £500 £550 £500
Median % change year-on-year -9.09% +10.00% +11.11%
75th Percentile £590 £650 £600
90th Percentile £650 £750 £675
UK excluding London median daily rate £409 £500 £475
% change year-on-year -18.20% +5.26% +15.01%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £12.60
UK excluding London median hourly rate - - £12.60

Retail 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 21,454 22,408 38,450
As % of all contract IT jobs advertised in the UK 40.87% 37.41% 39.87%
Number of daily rates quoted 14,576 14,783 25,735
10th Percentile £306 £270 £300
25th Percentile £400 £386 £385
Median daily rate (50th Percentile) £500 £481 £484
Median % change year-on-year +4.00% -0.67% +1.89%
75th Percentile £600 £600 £588
90th Percentile £700 £688 £675
UK excluding London median daily rate £430 £445 £438
% change year-on-year -3.37% +1.71% +2.94%
Number of hourly rates quoted 771 709 933
10th Percentile £12.25 £12.44 £11.78
25th Percentile £15.04 £15.75 £14.75
Median hourly rate £24.00 £21.50 £20.86
Median % change year-on-year +11.63% +3.09% -0.69%
75th Percentile £44.39 £43.75 £41.00
90th Percentile £54.00 £52.50 £50.00
UK excluding London median hourly rate £21.50 £20.03 £20.00
% change year-on-year +7.37% +0.13% +5.26%

Retail Banking
Job Vacancy Trend

Job postings citing Retail Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Retail Banking in the UK

Retail Banking
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Retail Banking.

Daily rate trend for Retail Banking in the UK

Retail Banking
Daily Rate Histogram

Daily rate distribution for jobs citing Retail Banking over the 6 months to 13 April 2021.

Daily rate histogram for Retail Banking in the UK

Retail Banking
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Retail Banking.

Hourly rate trend for Retail Banking in the UK

Retail Banking
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Retail Banking within the UK over the 6 months to 13 April 2021. 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 +41 120 £500 -9.09% 25
Work from Home -145 108 £510 -2.86% 5
London +6 94 £528 -10.21% 16
UK excluding London +112 72 £409 -18.20% 11
Scotland +24 52 £408 -18.45% 1
North of England +50 8 £417 -16.60% 8
Yorkshire +36 7 £409 -20.20% 2
Midlands +27 5 £425 -25.27%
West Midlands +25 5 £425 -
South East +68 3 £456 -13.10% 1
South West +61 3 £331 -19.21%
North West +32 1 £426 - 6
Channel Islands - 1 - -

For the 6 months to 13 April 2021, IT contractor jobs citing Retail 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 Retail Banking.

1 216 (90.76%) Banking
2 107 (44.96%) Agile Software Development
3 104 (43.70%) Finance
4 66 (27.73%) DevOps
5 49 (20.59%) Java
6 42 (17.65%) Test Automation
7 39 (16.39%) BDD
8 36 (15.13%) Microservices
9 35 (14.71%) Spring
10 33 (13.87%) Azure
11 31 (13.03%) SDLC
11 31 (13.03%) TDD
12 30 (12.61%) Selenium
13 29 (12.18%) Python
14 27 (11.34%) Stakeholder Management
15 26 (10.92%) Continuous Integration
15 26 (10.92%) Retail
16 25 (10.50%) GCP
17 24 (10.08%) SQL
18 23 (9.66%) AWS
18 23 (9.66%) Jenkins
19 21 (8.82%) JavaScript
19 21 (8.82%) JIRA
19 21 (8.82%) Analytical Skills
20 20 (8.40%) Wealth Management
20 20 (8.40%) Investment Banking
20 20 (8.40%) Scrum
21 19 (7.98%) User Experience
21 19 (7.98%) Mobile App
22 18 (7.56%) User Stories

Retail 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 14 (5.88%) Apache Spark
2 11 (4.62%) Confluence
3 8 (3.36%) Apache Airflow
4 5 (2.10%) SAS
5 4 (1.68%) SharePoint
6 3 (1.26%) Anypoint
7 1 (0.42%) IIS
7 1 (0.42%) Oracle Workflow
7 1 (0.42%) Skype for Business
7 1 (0.42%) WebSphere
7 1 (0.42%) WebSphere Application Server
Applications
1 3 (1.26%) Chatbot
2 2 (0.84%) UserZoom
3 1 (0.42%) Microsoft Office
3 1 (0.42%) MS Visio
Business Applications
1 1 (0.42%) Dynamics CRM
1 1 (0.42%) FLEXCUBE
1 1 (0.42%) ION MarketView
Cloud Services
1 33 (13.87%) Azure
2 25 (10.50%) GCP
3 23 (9.66%) AWS
4 8 (3.36%) Microsoft 365
4 8 (3.36%) SaaS
5 7 (2.94%) Cloud Functions
5 7 (2.94%) Dynamics 365
6 4 (1.68%) Amazon EMR
7 3 (1.26%) GitHub
8 2 (0.84%) IaaS
8 2 (0.84%) IBM Cloud
8 2 (0.84%) OpenShift
8 2 (0.84%) PaaS
8 2 (0.84%) Power Platform
8 2 (0.84%) Serverless
8 2 (0.84%) Slack
9 1 (0.42%) Amazon ECS
9 1 (0.42%) Amazon EKS
9 1 (0.42%) Azure Data Factory
9 1 (0.42%) PowerApps
Communications & Networking
1 10 (4.20%) SSL
2 4 (1.68%) ATM
2 4 (1.68%) HTTP
2 4 (1.68%) HTTPS
2 4 (1.68%) Kerberos
3 3 (1.26%) Firewall
3 3 (1.26%) Internet
3 3 (1.26%) VPN
4 1 (0.42%) Network Security
4 1 (0.42%) S/MIME
4 1 (0.42%) Skype
4 1 (0.42%) TCP/IP
Database & Business Intelligence
1 17 (7.14%) NoSQL
2 13 (5.46%) Relational Database
3 12 (5.04%) RDBMS
4 10 (4.20%) Big Data
4 10 (4.20%) MongoDB
5 8 (3.36%) Hadoop
6 4 (1.68%) Amazon RDS
6 4 (1.68%) Amazon Redshift
6 4 (1.68%) Apache Hive
6 4 (1.68%) Cloudera CDH
6 4 (1.68%) HBase
6 4 (1.68%) Parquet
6 4 (1.68%) SQL Server
7 3 (1.26%) BigQuery
7 3 (1.26%) Data Warehouse
8 2 (0.84%) Data Lake
8 2 (0.84%) MS Access
8 2 (0.84%) Power BI
9 1 (0.42%) HDInsight
9 1 (0.42%) Oracle Database 12c
Development Applications
1 30 (12.61%) Selenium
2 23 (9.66%) Jenkins
3 21 (8.82%) JIRA
4 15 (6.30%) Cucumber
4 15 (6.30%) Git (software)
5 8 (3.36%) Maven
6 4 (1.68%) Eclipse
6 4 (1.68%) IntelliJ
6 4 (1.68%) Postman
6 4 (1.68%) REST Assured
7 3 (1.26%) JUnit
7 3 (1.26%) Robot Framework
7 3 (1.26%) Sonatype Nexus
8 2 (0.84%) Android Studio
8 2 (0.84%) Appium
8 2 (0.84%) CocoaPods
8 2 (0.84%) SoapUI
8 2 (0.84%) WebDriver
8 2 (0.84%) Xcode
9 1 (0.42%) Burp Suite
General
1 216 (90.76%) Banking
2 104 (43.70%) Finance
3 26 (10.92%) Retail
4 20 (8.40%) Investment Banking
5 16 (6.72%) Corporate Banking
6 5 (2.10%) Financial Institution
6 5 (2.10%) Marketing
6 5 (2.10%) Telecoms
7 4 (1.68%) Back Office
7 4 (1.68%) Legal
8 3 (1.26%) Publishing
9 2 (0.84%) Automotive
10 1 (0.42%) Law
10 1 (0.42%) Wholesale Banking
Job Titles
1 40 (16.81%) Architect
2 39 (16.39%) Developer
3 37 (15.55%) Analyst
4 22 (9.24%) Business Analyst
4 22 (9.24%) Project Manager
5 16 (6.72%) Solutions Architect
6 14 (5.88%) Tester
7 13 (5.46%) Java Developer
8 11 (4.62%) Security Architect
9 10 (4.20%) Designer
10 9 (3.78%) Automation Tester
10 9 (3.78%) Data Engineer
11 8 (3.36%) Banking Analyst
11 8 (3.36%) Product Owner
12 7 (2.94%) Product Manager
13 6 (2.52%) Cloud Architect
13 6 (2.52%) Java Engineer
14 5 (2.10%) Scrum Master
14 5 (2.10%) Senior Architect
14 5 (2.10%) UX Designer
Libraries, Frameworks & Software Standards
1 35 (14.71%) Spring
2 16 (6.72%) RESTful
3 15 (6.30%) Spring Boot
4 13 (5.46%) AngularJS
4 13 (5.46%) Kafka
4 13 (5.46%) React
5 12 (5.04%) CSS
5 12 (5.04%) CSS3
5 12 (5.04%) HTML
5 12 (5.04%) HTML5
5 12 (5.04%) Spring MVC
5 12 (5.04%) Web Services
6 10 (4.20%) JMS
7 8 (3.36%) .NET
7 8 (3.36%) Gherkin
7 8 (3.36%) REST
8 6 (2.52%) J2EE
8 6 (2.52%) PySpark
9 5 (2.10%) Spark Streaming
10 4 (1.68%) Apache Avro
Miscellaneous
1 21 (8.82%) Analytical Skills
2 19 (7.98%) Mobile App
2 19 (7.98%) User Experience
3 14 (5.88%) Public Cloud
4 10 (4.20%) Virtual Team
5 7 (2.94%) Mobile Banking
6 4 (1.68%) Credit Risk
7 3 (1.26%) PKI
8 2 (0.84%) Data Centre
8 2 (0.84%) Data Structures
8 2 (0.84%) Management Information System
8 2 (0.84%) SWIFT
9 1 (0.42%) Algorithms
9 1 (0.42%) Animation
9 1 (0.42%) Cloud Native
9 1 (0.42%) Derivative
9 1 (0.42%) Enterprise Software
9 1 (0.42%) Grid Computing
9 1 (0.42%) IVR
9 1 (0.42%) Market Risk
Operating Systems
1 5 (2.10%) Android
2 3 (1.26%) Apple iOS
2 3 (1.26%) Linux
3 1 (0.42%) Solaris
Processes & Methodologies
1 107 (44.96%) Agile Software Development
2 66 (27.73%) DevOps
3 42 (17.65%) Test Automation
4 39 (16.39%) BDD
5 36 (15.13%) Microservices
6 31 (13.03%) SDLC
6 31 (13.03%) TDD
7 27 (11.34%) Stakeholder Management
8 26 (10.92%) Continuous Integration
9 20 (8.40%) Scrum
9 20 (8.40%) Wealth Management
10 18 (7.56%) User Stories
11 17 (7.14%) Waterfall
12 16 (6.72%) Problem-Solving
13 15 (6.30%) Scaled Agile Framework
14 14 (5.88%) Cybersecurity
14 14 (5.88%) Web Development
15 13 (5.46%) Data Engineering
15 13 (5.46%) MVC
15 13 (5.46%) Project Management
Programming Languages
1 49 (20.59%) Java
2 29 (12.18%) Python
3 24 (10.08%) SQL
4 21 (8.82%) JavaScript
5 16 (6.72%) Scala
6 9 (3.78%) C#
7 5 (2.10%) Java 8
7 5 (2.10%) Kotlin
7 5 (2.10%) Ruby
8 3 (1.26%) Apple Swift
8 3 (1.26%) Go
8 3 (1.26%) Groovy
9 2 (0.84%) PHP
9 2 (0.84%) PHP 7
10 1 (0.42%) C
10 1 (0.42%) Jython
10 1 (0.42%) MATLAB
10 1 (0.42%) PowerShell
10 1 (0.42%) R
10 1 (0.42%) VB
Qualifications
1 13 (5.46%) Degree
2 4 (1.68%) CISM
2 4 (1.68%) CISSP
3 1 (0.42%) CISA
3 1 (0.42%) Computer Science Degree
3 1 (0.42%) PMI Certification
3 1 (0.42%) PMP
3 1 (0.42%) SANS
3 1 (0.42%) SC Cleared
3 1 (0.42%) Security Cleared
Quality Assurance & Compliance
1 10 (4.20%) QA
2 5 (2.10%) ISO 20022
3 4 (1.68%) ISO 8583
4 3 (1.26%) GDPR
5 2 (0.84%) Data Quality
6 1 (0.42%) ISO/IEC 27001
6 1 (0.42%) PMO
6 1 (0.42%) PSD2
6 1 (0.42%) WCAG
System Software
1 10 (4.20%) Docker
2 1 (0.42%) OpenAM
Systems Management
1 12 (5.04%) Kubernetes
1 12 (5.04%) Terraform
2 4 (1.68%) Oozie
3 3 (1.26%) Ansible
4 2 (0.84%) Opscode Chef
5 1 (0.42%) HP Fortify
5 1 (0.42%) Packer
Vendors
1 17 (7.14%) Google
2 16 (6.72%) Microsoft
3 6 (2.52%) IBM
3 6 (2.52%) Splunk
4 5 (2.10%) Oracle
5 4 (1.68%) Databricks
5 4 (1.68%) NCR
6 3 (1.26%) Blue Coat
6 3 (1.26%) Confluent
7 2 (0.84%) AppDynamics
7 2 (0.84%) Zend
8 1 (0.42%) Apple
8 1 (0.42%) Cadence
8 1 (0.42%) GoldenSource
8 1 (0.42%) HP
8 1 (0.42%) Infoblox
8 1 (0.42%) McAfee
8 1 (0.42%) Salesforce.com
8 1 (0.42%) Tripwire
8 1 (0.42%) Veracode