Period
to 1 June 2020

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 1 June 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.

Retail Banking
UK
6 months to
1 Jun 2020
Same period 2019 Same period 2018
Rank 462 418 342
Rank change year-on-year -44 -76 -49
Contract jobs citing Retail Banking 148 514 744
As % of all contract jobs advertised in the UK 0.32% 0.56% 0.73%
As % of the General category 0.84% 1.40% 1.78%
Number of daily rates quoted 79 372 519
Median daily rate £550 £500 £450
Median daily rate % change year-on-year +10.00% +11.11% -
10th Percentile £404 £316 £300
90th Percentile £750 £675 £638
UK excluding London median daily rate £506 £450 £413
% change year-on-year +12.50% +9.09% +1.85%
Number of hourly rates quoted 1 1 0
Median hourly rate £35.00 £12.60 -
Median hourly rate % change year-on-year +177.78% - -
UK excluding London median hourly rate £35.00 £12.60 -
% change year-on-year +177.78% - -

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 17,622 36,646 41,818
As % of all contract IT jobs advertised in the UK 38.39% 40.09% 41.07%
Number of daily rates quoted 11,060 23,714 27,224
Median daily rate £495 £488 £475
Median daily rate % change year-on-year +1.54% +2.63% +5.56%
10th Percentile £285 £305 £285
90th Percentile £700 £675 £670
UK excluding London median daily rate £450 £448 £425
% change year-on-year +0.56% +5.29% +6.25%
Number of hourly rates quoted 626 975 1,117
Median hourly rate £26.84 £22.92 £21.90
Median hourly rate % change year-on-year +17.13% +4.63% -0.45%
10th Percentile £12.87 £12.25 £11.61
90th Percentile £52.75 £50.00 £48.75
Median hourly rate £21.57 £23.00 £20.00
% change year-on-year -6.22% +15.00% -7.45%

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 1 June 2020.

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 14 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 1 June 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 +5 120 £563 +12.50% 7
London +11 97 £600 +9.09% 7
UK excluding London +10 50 £506 +12.50%
Scotland -26 27 £494 +9.72%
North of England +56 11 £506 +12.50%
Midlands +73 8 £688 +37.50%
West Midlands +70 5 - -
Yorkshire +55 5 £513 +35.58%
North East +27 5 £413 +20.44%
Work from Home +12 5 £600 +70.21% 1
South East +135 2 £575 +21.05%
East Midlands +39 2 £688 +44.74%
South West +32 2 - -
North West +31 1 - -

For the 6 months to 1 June 2020, 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.

1 122 (82.43%) Banking
2 73 (49.32%) Finance
3 63 (42.57%) Agile Software Development
4 52 (35.14%) Investment Banking
5 51 (34.46%) Wealth Management
6 39 (26.35%) Retail
7 36 (24.32%) Corporate Banking
8 31 (20.95%) Java
9 26 (17.57%) DevOps
10 22 (14.86%) Test Automation
11 19 (12.84%) User Experience
11 19 (12.84%) Analytical Skills
12 18 (12.16%) JIRA
13 17 (11.49%) Jenkins
14 16 (10.81%) Project Management
15 15 (10.14%) Stakeholder Management
15 15 (10.14%) AWS
16 14 (9.46%) Continuous Improvement
16 14 (9.46%) SQL
17 13 (8.78%) Workflow
17 13 (8.78%) Selenium
17 13 (8.78%) REST
18 12 (8.11%) Azure
18 12 (8.11%) Creative Thinking
18 12 (8.11%) JavaScript
18 12 (8.11%) Microsoft
19 11 (7.43%) Migration
19 11 (7.43%) Problem-Solving
20 10 (6.76%) HTML
20 10 (6.76%) SharePoint

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 10 (6.76%) SharePoint
2 9 (6.08%) Confluence
3 5 (3.38%) SAS
4 4 (2.70%) Apache Spark
4 4 (2.70%) SharePoint 2013
5 3 (2.03%) Elasticsearch
6 2 (1.35%) K2 blackpearl
6 2 (1.35%) Oracle Workflow
7 1 (0.68%) Apache Solr
7 1 (0.68%) CMS
7 1 (0.68%) Exchange Server 2010
7 1 (0.68%) MS Exchange
7 1 (0.68%) WebSphere
Applications
1 8 (5.41%) Sketch
2 7 (4.73%) Microsoft Excel
3 4 (2.70%) Adobe After Effects
3 4 (2.70%) Adobe Premiere
3 4 (2.70%) Camtasia
3 4 (2.70%) OmniGraffle
3 4 (2.70%) UserZoom
4 2 (1.35%) MS Visio
5 1 (0.68%) Microsoft Project
Business Applications
1 2 (1.35%) Oracle AML
2 1 (0.68%) Dynamics CRM
2 1 (0.68%) Finacle
2 1 (0.68%) Misys Midas
Cloud Services
1 15 (10.14%) AWS
2 12 (8.11%) Azure
3 8 (5.41%) GCP
4 4 (2.70%) GitHub
4 4 (2.70%) SurveyMonkey
5 3 (2.03%) Azure Active Directory
5 3 (2.03%) OpenShift
5 3 (2.03%) PaaS
6 2 (1.35%) IaaS
6 2 (1.35%) Office 365
6 2 (1.35%) SaaS
7 1 (0.68%) Adobe Analytics
7 1 (0.68%) Amazon EC2
7 1 (0.68%) Amazon ELB
7 1 (0.68%) Azure Functions
7 1 (0.68%) Dynamics 365
7 1 (0.68%) npm
7 1 (0.68%) Power Platform
7 1 (0.68%) Serverless
Communications & Networking
1 3 (2.03%) Firewall
1 3 (2.03%) Intranet
2 2 (1.35%) Cisco Nexus
2 2 (1.35%) HTTPS
2 2 (1.35%) Network Security
2 2 (1.35%) SSL
3 1 (0.68%) DNS
3 1 (0.68%) Internet
3 1 (0.68%) Intrusion Detection
3 1 (0.68%) SAN
3 1 (0.68%) VPN
Database & Business Intelligence
1 7 (4.73%) Hadoop
2 4 (2.70%) HBase
2 4 (2.70%) SQL Server
3 2 (1.35%) Big Data
3 2 (1.35%) BigQuery
3 2 (1.35%) Data Lake
3 2 (1.35%) Data Mining
3 2 (1.35%) Data Warehouse
3 2 (1.35%) MySQL
4 1 (0.68%) Power BI
4 1 (0.68%) Relational Database
4 1 (0.68%) SQL Server 2016
4 1 (0.68%) SQL Server Integration Services
4 1 (0.68%) SQL Server Reporting Services
Development Applications
1 18 (12.16%) JIRA
2 17 (11.49%) Jenkins
3 13 (8.78%) Selenium
4 8 (5.41%) Axure RP
5 6 (4.05%) Cucumber
5 6 (4.05%) Git (software)
5 6 (4.05%) SoapUI
5 6 (4.05%) WebDriver
6 4 (2.70%) Bitbucket
6 4 (2.70%) Gatling
6 4 (2.70%) TeamCity
6 4 (2.70%) Travis CI
7 3 (2.03%) Appium
7 3 (2.03%) HP UFT
7 3 (2.03%) IntelliJ
7 3 (2.03%) LoadRunner
8 2 (1.35%) Hudson
8 2 (1.35%) Maven
8 2 (1.35%) SonarQube
8 2 (1.35%) Xcode
General
1 122 (82.43%) Banking
2 73 (49.32%) Finance
3 52 (35.14%) Investment Banking
4 39 (26.35%) Retail
5 36 (24.32%) Corporate Banking
6 7 (4.73%) Legal
7 5 (3.38%) German Language
7 5 (3.38%) Publishing
8 4 (2.70%) Marketing
9 2 (1.35%) Financial Institution
9 2 (1.35%) Telecoms
10 1 (0.68%) International Banking
10 1 (0.68%) Law
Job Titles
1 39 (26.35%) Developer
2 27 (18.24%) Analyst
3 18 (12.16%) Business Analyst
4 15 (10.14%) Java Developer
5 11 (7.43%) Architect
6 10 (6.76%) Banking Analyst
7 8 (5.41%) Designer
7 8 (5.41%) UX Designer
8 6 (4.05%) Administrator
8 6 (4.05%) DevOps Engineer
8 6 (4.05%) Retail Banking Business Analyst
9 5 (3.38%) Data Administrator
9 5 (3.38%) PHP Developer
9 5 (3.38%) Project Manager
9 5 (3.38%) Test Leader
9 5 (3.38%) Treasury Business Analyst
10 4 (2.70%) Java Hadoop Developer
10 4 (2.70%) PHP Developer - Fintech
10 4 (2.70%) Product Owner
10 4 (2.70%) Web Developer
Libraries, Frameworks & Software Standards
1 13 (8.78%) REST
2 10 (6.76%) HTML
3 7 (4.73%) .NET
3 7 (4.73%) CSS
3 7 (4.73%) J2EE
4 6 (4.05%) jBPM
4 6 (4.05%) Middleware
4 6 (4.05%) Spring
4 6 (4.05%) Web Services
5 5 (3.38%) AngularJS
5 5 (3.38%) Laravel
5 5 (3.38%) PySpark
5 5 (3.38%) RESTful
5 5 (3.38%) Symfony
6 4 (2.70%) JSON
6 4 (2.70%) OAuth
6 4 (2.70%) Spring Boot
6 4 (2.70%) XML
6 4 (2.70%) XSLT
7 3 (2.03%) SOAP
Miscellaneous
1 19 (12.84%) Analytical Skills
1 19 (12.84%) User Experience
2 8 (5.41%) Management Information System
2 8 (5.41%) Mobile Banking
3 5 (3.38%) Credit Risk
3 5 (3.38%) Learning Management System
4 4 (2.70%) Linux Command Line
4 4 (2.70%) Video Editing
5 3 (2.03%) Enterprise Software
5 3 (2.03%) Mobile App
5 3 (2.03%) Robotics
5 3 (2.03%) Virtual Team
6 2 (1.35%) Data Centre
6 2 (1.35%) DataPower
6 2 (1.35%) iPad
6 2 (1.35%) iPhone
6 2 (1.35%) Mainframe
7 1 (0.68%) Data Structures
7 1 (0.68%) iSeries
7 1 (0.68%) SWIFT
Operating Systems
1 8 (5.41%) Unix
1 8 (5.41%) Windows
2 5 (3.38%) Apple iOS
3 4 (2.70%) Android
4 3 (2.03%) Linux
5 2 (1.35%) Mac OS X
5 2 (1.35%) Windows 10
5 2 (1.35%) Windows Server
6 1 (0.68%) Mac OS
6 1 (0.68%) OS/400
6 1 (0.68%) Solaris
6 1 (0.68%) VMS
6 1 (0.68%) Windows 7
6 1 (0.68%) Windows Server 2008
Processes & Methodologies
1 63 (42.57%) Agile Software Development
2 51 (34.46%) Wealth Management
3 26 (17.57%) DevOps
4 22 (14.86%) Test Automation
5 16 (10.81%) Project Management
6 15 (10.14%) Stakeholder Management
7 14 (9.46%) Continuous Improvement
8 13 (8.78%) Workflow
9 12 (8.11%) Creative Thinking
10 11 (7.43%) Migration
10 11 (7.43%) Problem-Solving
11 10 (6.76%) Sprint Planning
11 10 (6.76%) User-Centered Design (UCD)
12 9 (6.08%) Integration Testing
12 9 (6.08%) Sprint Retrospective
12 9 (6.08%) TDD
12 9 (6.08%) Web Development
13 8 (5.41%) Business Analysis
13 8 (5.41%) Data Analysis
13 8 (5.41%) Test Strategy
Programming Languages
1 31 (20.95%) Java
2 14 (9.46%) SQL
3 12 (8.11%) JavaScript
4 9 (6.08%) PHP
5 8 (5.41%) C#
5 8 (5.41%) Python
6 5 (3.38%) Groovy
6 5 (3.38%) Scala
7 4 (2.70%) Java 8
7 4 (2.70%) PHP 7
7 4 (2.70%) R
8 2 (1.35%) Apple Swift
8 2 (1.35%) Shell Script
8 2 (1.35%) TypeScript
8 2 (1.35%) VB
8 2 (1.35%) XPath
9 1 (0.68%) C++
9 1 (0.68%) PowerShell
9 1 (0.68%) Ruby
9 1 (0.68%) VBA
Qualifications
1 4 (2.70%) Degree
2 2 (1.35%) CCNP
2 2 (1.35%) Cisco Certification
2 2 (1.35%) Master's Degree
2 2 (1.35%) Numerate Degree
2 2 (1.35%) PMI Certification
3 1 (0.68%) CISSP
3 1 (0.68%) PgMP
3 1 (0.68%) PMP
3 1 (0.68%) PRINCE2 Certification
Quality Assurance & Compliance
1 10 (6.76%) QA
2 5 (3.38%) GDPR
3 3 (2.03%) Data Quality
4 2 (1.35%) ISO/IEC 20000
4 2 (1.35%) PMO
5 1 (0.68%) ISO 20022
5 1 (0.68%) PSD2
5 1 (0.68%) SEPA
System Software
1 4 (2.70%) Active Directory
1 4 (2.70%) HDFS
2 3 (2.03%) Docker
3 2 (1.35%) OpenAM
3 2 (1.35%) OpenDJ
3 2 (1.35%) VMware Infrastructure
4 1 (0.68%) Virtual Desktop
4 1 (0.68%) Virtual Machines
4 1 (0.68%) vSphere
Systems Management
1 5 (3.38%) Ansible
1 5 (3.38%) Kubernetes
2 4 (2.70%) Hadoop YARN
3 2 (1.35%) Kibana
3 2 (1.35%) logstash
3 2 (1.35%) Puppet
4 1 (0.68%) Grafana
4 1 (0.68%) Microsoft Intune
4 1 (0.68%) SCCM
4 1 (0.68%) Terraform
Vendors
1 12 (8.11%) Microsoft
2 9 (6.08%) Adobe
3 6 (4.05%) Google
3 6 (4.05%) Oracle
4 5 (3.38%) Zend
5 3 (2.03%) Automation Anywhere
5 3 (2.03%) IBM
5 3 (2.03%) UiPath
5 3 (2.03%) Veracode
5 3 (2.03%) VMware
6 2 (1.35%) Apple
6 2 (1.35%) ForgeRock
6 2 (1.35%) Splunk
7 1 (0.68%) Atlassian
7 1 (0.68%) Murex
7 1 (0.68%) Refinitiv
7 1 (0.68%) Temenos
7 1 (0.68%) Teradata