Period
to 23 September 2018

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the West Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 23 September 2018 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
England > West Midlands
6 months to
23 Sep 2018
Same period 2017 Same period 2016
Rank 150 72 81
Rank change year-on-year -78 +9 -28
Contract jobs citing Banking 54 114 149
As % of all contract IT jobs advertised in the West Midlands 1.07% 2.56% 2.38%
As % of the General category 4.40% 8.93% 8.53%
Number of daily rates quoted 33 99 110
West Midlands median daily rate £413 £350 £400
Median daily rate % change year-on-year +17.86% -12.50% -11.11%
10th Percentile £278 £113 £278
90th Percentile £495 £488 £555
England median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -
Number of hourly rates quoted 2 0 0
West Midlands median hourly rate £15.00 - -
England median hourly rate £18.70 £15.00 £22.00
% change year-on-year +24.67% -31.82% +22.29%

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 advertised in the West Midlands with a requirement for common skills.

All General Skills
West Midlands
Contract vacancies with a requirement for common skills 1,226 1,277 1,746
As % of all contract IT jobs advertised in the West Midlands 24.34% 28.68% 27.84%
Number of daily rates quoted 680 778 1,086
West Midlands median daily rate £425 £400 £400
Median daily rate % change year-on-year +6.25% - -
10th Percentile £275 £237 £235
90th Percentile £575 £561 £575
England median daily rate £480 £475 £450
% change year-on-year +1.05% +5.56% +4.65%
Number of hourly rates quoted 67 59 54
West Midlands median hourly rate £16.50 £30.31 £21.50
Median hourly rate % change year-on-year -45.56% +40.98% -24.81%
10th Percentile £10.79 £13.51 £10.90
90th Percentile £35.00 £52.75 £43.30
England median hourly rate £24.00 £25.50 £23.00
% change year-on-year -5.88% +10.87% -

Banking
Job Vacancy Trend in the West Midlands

Job postings citing Banking as a percentage of all IT jobs advertised in the West Midlands.

Job vacancy trend for Banking in the West Midlands

Banking
Contractor Daily Rate Trend in the West Midlands

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

Contractor daily rate trend for Banking in the West Midlands

Banking
Contractor Daily Rate Histogram in the West Midlands

The daily rate distribution of IT jobs citing Banking in the West Midlands over the 6 months to 23 September 2018.

Contractor daily rate histogram for Banking in the West Midlands

Banking
Contractor Hourly Rate Trend in the West Midlands

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

Contractor hourly rate trend for Banking in the West Midlands

Banking
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the West Midlands region over the 6 months to 23 September 2018. 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
Birmingham -31 36 £413 +32.00% 7
Coventry -16 3 £413 +258.70% 2
Warwickshire -4 2 - -
Worcestershire - 2 £500 - 3
Solihull - 2 £450 - 5
Wolverhampton -4 1 - - 2
Banking
England

For the 6 months to 23 September 2018, 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 across the West Midlands region with a requirement for Banking.

1 33 (61.11%) Finance
2 14 (25.93%) Agile Software Development
3 12 (22.22%) Stakeholder Management
4 10 (18.52%) Project Management
5 7 (12.96%) Business Analysis
5 7 (12.96%) Java
5 7 (12.96%) User Acceptance Testing
6 6 (11.11%) REST
6 6 (11.11%) Analytics
6 6 (11.11%) Spring Boot
6 6 (11.11%) Business Intelligence
6 6 (11.11%) Spring
6 6 (11.11%) Investment Banking
6 6 (11.11%) JIRA
7 5 (9.26%) Scrum
7 5 (9.26%) SQL
7 5 (9.26%) SQL Server
7 5 (9.26%) Microsoft Office
7 5 (9.26%) User Experience
7 5 (9.26%) Anti-Money Laundering
7 5 (9.26%) Prototyping
7 5 (9.26%) Decision-Making
7 5 (9.26%) Problem-Solving
7 5 (9.26%) Visualisation
7 5 (9.26%) Confluence
8 4 (7.41%) Information Architecture
8 4 (7.41%) Stakeholder Engagement
8 4 (7.41%) Axure RP
8 4 (7.41%) JPA
8 4 (7.41%) Data Visualisation

Banking
Co-occurring IT Skills in the West Midlands 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 5 (9.26%) Confluence
2 1 (1.85%) IBM Notes
2 1 (1.85%) SAS
Applications
1 5 (9.26%) Microsoft Office
2 3 (5.56%) Microsoft Excel
3 1 (1.85%) Microsoft PowerPoint
3 1 (1.85%) MS Visio
3 1 (1.85%) Spreadsheet
Business Applications
1 1 (1.85%) SAP ERP
Cloud Services
1 1 (1.85%) Microsoft Azure
Communications & Networking
1 2 (3.70%) SMS
2 1 (1.85%) Ethernet
2 1 (1.85%) Internet
2 1 (1.85%) TCP/IP
2 1 (1.85%) Wireless
Database & Business Intelligence
1 5 (9.26%) SQL Server
2 4 (7.41%) Big Data
2 4 (7.41%) Relational Database
3 3 (5.56%) Apache Hive
3 3 (5.56%) Impala
3 3 (5.56%) QlikView
3 3 (5.56%) RDBMS
3 3 (5.56%) Spotfire
4 2 (3.70%) Data Mining
4 2 (3.70%) Hazelcast
4 2 (3.70%) Oracle Database
4 2 (3.70%) SQL Server 2012
4 2 (3.70%) SQL Server Reporting Services
5 1 (1.85%) Data Warehouse
Development Applications
1 6 (11.11%) JIRA
2 4 (7.41%) Axure RP
3 2 (3.70%) Subversion
4 1 (1.85%) Eclipse
4 1 (1.85%) Git (software)
4 1 (1.85%) Gradle
4 1 (1.85%) IntelliJ
4 1 (1.85%) Jenkins
4 1 (1.85%) JProfiler
4 1 (1.85%) JUnit
4 1 (1.85%) Maven
4 1 (1.85%) SonarQube
4 1 (1.85%) Team Foundation Server
General
1 33 (61.11%) Finance
2 6 (11.11%) Investment Banking
3 3 (5.56%) Financial Institution
3 3 (5.56%) Retail
4 1 (1.85%) Legal
4 1 (1.85%) Retail Banking
Job Titles
1 9 (16.67%) Analyst
1 9 (16.67%) Developer
1 9 (16.67%) Project Manager
2 6 (11.11%) Business Analyst
2 6 (11.11%) Java Developer
3 4 (7.41%) Architect
3 4 (7.41%) Designer
3 4 (7.41%) Test Analyst
3 4 (7.41%) UX Designer
4 2 (3.70%) Banking Project Manager
4 2 (3.70%) Business Intelligence Developer
4 2 (3.70%) Business Test Analyst
4 2 (3.70%) Consultant
4 2 (3.70%) Finance Business Analyst
4 2 (3.70%) Mobile Project Manager
4 2 (3.70%) SQL BI Developer
4 2 (3.70%) SQL Developer
4 2 (3.70%) Technical Project Manager
4 2 (3.70%) Tester
4 2 (3.70%) UAT Tester
Libraries, Frameworks & Software Standards
1 6 (11.11%) REST
1 6 (11.11%) Spring
1 6 (11.11%) Spring Boot
2 4 (7.41%) Hibernate
2 4 (7.41%) Java EE
2 4 (7.41%) JPA
2 4 (7.41%) SOAP
2 4 (7.41%) Web Services
3 2 (3.70%) J2EE
4 1 (1.85%) CSS
4 1 (1.85%) HTML
4 1 (1.85%) Middleware
4 1 (1.85%) React
4 1 (1.85%) XML
4 1 (1.85%) XML Messaging
Miscellaneous
1 5 (9.26%) User Experience
2 3 (5.56%) Online Banking
3 2 (3.70%) Data Structures
3 2 (3.70%) Learning Management System
3 2 (3.70%) Mobile Banking
3 2 (3.70%) Virtual Team
4 1 (1.85%) Analytical Skills
4 1 (1.85%) Blackberry
4 1 (1.85%) Chip and PIN
4 1 (1.85%) Client/Server
4 1 (1.85%) Credit Risk
4 1 (1.85%) Driving Licence
4 1 (1.85%) Management Information System
Operating Systems
1 1 (1.85%) Apple iOS
1 1 (1.85%) Windows
1 1 (1.85%) Windows 7
Processes & Methodologies
1 14 (25.93%) Agile Software Development
2 12 (22.22%) Stakeholder Management
3 10 (18.52%) Project Management
4 7 (12.96%) Business Analysis
4 7 (12.96%) User Acceptance Testing
5 6 (11.11%) Analytics
5 6 (11.11%) Business Intelligence
6 5 (9.26%) Anti-Money Laundering
6 5 (9.26%) Decision-Making
6 5 (9.26%) Problem-Solving
6 5 (9.26%) Prototyping
6 5 (9.26%) Scrum
6 5 (9.26%) Visualisation
7 4 (7.41%) Collaborative Working
7 4 (7.41%) Data Visualisation
7 4 (7.41%) Digital Transformation Programme
7 4 (7.41%) Information Architecture
7 4 (7.41%) Innovative Thinking
7 4 (7.41%) Stakeholder Engagement
7 4 (7.41%) Wireframes
Programming Languages
1 7 (12.96%) Java
2 5 (9.26%) SQL
3 4 (7.41%) Java 8
4 2 (3.70%) T-SQL
5 1 (1.85%) Python
5 1 (1.85%) VBA
Qualifications
1 3 (5.56%) ISEB
2 2 (3.70%) Degree
2 2 (3.70%) ISTQB
3 1 (1.85%) A+ Certification
3 1 (1.85%) ACDT
3 1 (1.85%) ACHDS
3 1 (1.85%) ACTC
3 1 (1.85%) IIBA
3 1 (1.85%) MCDST
3 1 (1.85%) MCP
3 1 (1.85%) MCSA
3 1 (1.85%) MCSE
3 1 (1.85%) MCSM
3 1 (1.85%) Microsoft Certification
3 1 (1.85%) Network+ Certification
Quality Assurance & Compliance
1 2 (3.70%) QA
2 1 (1.85%) Data Quality
2 1 (1.85%) PMO
2 1 (1.85%) Sarbanes-Oxley
System Software
1 1 (1.85%) Active Directory
1 1 (1.85%) Virtual Servers
Systems Management
1 3 (5.56%) Ambari
Vendors
1 4 (7.41%) Microsoft
1 4 (7.41%) Oracle
1 4 (7.41%) Tableau
2 1 (1.85%) Apple
2 1 (1.85%) Atlassian
2 1 (1.85%) Bloomberg
2 1 (1.85%) Citrix
2 1 (1.85%) GoldenSource
2 1 (1.85%) HP
2 1 (1.85%) Informatica
2 1 (1.85%) Lotus
2 1 (1.85%) Perforce
2 1 (1.85%) SAP