Period
to 12 December 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 12 December 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
12 Dec 2018
Same period 2017 Same period 2016
Rank 160 73 88
Rank change year-on-year -87 +15 -26
Contract jobs citing Banking 47 130 140
As % of all contract IT jobs advertised in the West Midlands 0.90% 2.65% 2.34%
As % of the General category 4.00% 9.50% 7.91%
Number of daily rates quoted 33 116 101
West Midlands median daily rate £450 £350 £413
Median daily rate % change year-on-year +28.57% -15.15% -8.33%
10th Percentile £278 £113 £263
90th Percentile £573 £478 £550
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 £12.39 - -
England median hourly rate £18.70 £15.00 £30.00
% change year-on-year +24.67% -50.00% +39.53%

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 1,176 1,368 1,771
As % of all contract IT jobs advertised in the West Midlands 22.63% 27.86% 29.63%
Number of daily rates quoted 702 844 1,081
West Midlands median daily rate £425 £400 £400
Median daily rate % change year-on-year +6.25% - -
10th Percentile £280 £225 £250
90th Percentile £588 £563 £575
England median daily rate £495 £475 £450
% change year-on-year +4.21% +5.56% +3.45%
Number of hourly rates quoted 39 70 64
West Midlands median hourly rate £18.03 £30.16 £16.00
Median hourly rate % change year-on-year -40.21% +88.47% -44.05%
10th Percentile £10.77 £13.56 £10.68
90th Percentile £42.75 £45.48 £40.21
England median hourly rate £24.00 £26.47 £23.72
% change year-on-year -9.33% +11.62% -5.14%

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 12 December 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 12 December 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 -43 31 £450 +38.46% 7
Warwickshire +3 4 £525 +356.52% 1
Wolverhampton -4 4 £438 +280.43%
Coventry -22 3 £494 +329.35%
Solihull - 2 £450 - 3
Shropshire -61 1 £400 +247.83% 1
Banking
England

For the 6 months to 12 December 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 29 (61.70%) Finance
2 13 (27.66%) Microsoft
3 10 (21.28%) SQL
3 10 (21.28%) Agile Software Development
4 9 (19.15%) Business Intelligence
5 8 (17.02%) SQL Server
5 8 (17.02%) Microsoft Office
6 7 (14.89%) Project Management
6 7 (14.89%) Retail
6 7 (14.89%) Stakeholder Management
6 7 (14.89%) Business Analysis
7 6 (12.77%) JIRA
7 6 (12.77%) Analytical Skills
8 5 (10.64%) Analytics
8 5 (10.64%) Anti-Money Laundering
8 5 (10.64%) Visualisation
8 5 (10.64%) Confluence
8 5 (10.64%) Prototyping
8 5 (10.64%) Decision-Making
8 5 (10.64%) Risk Management
8 5 (10.64%) Data Warehouse
8 5 (10.64%) Credit Risk
8 5 (10.64%) Degree
8 5 (10.64%) Retail Banking
8 5 (10.64%) Scrum
9 4 (8.51%) SAS
9 4 (8.51%) Innovative Thinking
9 4 (8.51%) Collaborative Working
9 4 (8.51%) Workshop Facilitation
9 4 (8.51%) User Experience

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 (10.64%) Confluence
2 4 (8.51%) SAS
3 1 (2.13%) Adobe Experience Manager
3 1 (2.13%) IBM Notes
Applications
1 8 (17.02%) Microsoft Office
2 1 (2.13%) Microsoft Excel
2 1 (2.13%) Microsoft PowerPoint
Business Applications
1 2 (4.26%) Eikon
Cloud Services
1 2 (4.26%) Amazon AWS
1 2 (4.26%) SaaS
2 1 (2.13%) IaaS
2 1 (2.13%) Microsoft Azure
2 1 (2.13%) PaaS
Communications & Networking
1 2 (4.26%) Cisco IOS
1 2 (4.26%) LAN
2 1 (2.13%) Ethernet
2 1 (2.13%) Internet
2 1 (2.13%) SMS
2 1 (2.13%) TCP/IP
2 1 (2.13%) VPN
2 1 (2.13%) Wireless
Database & Business Intelligence
1 8 (17.02%) SQL Server
2 5 (10.64%) Data Warehouse
3 3 (6.38%) Power BI
3 3 (6.38%) SQL Server Reporting Services
4 2 (4.26%) Spotfire
4 2 (4.26%) SQL Server 2012
5 1 (2.13%) Base SAS
5 1 (2.13%) Big Data
5 1 (2.13%) RDBMS
5 1 (2.13%) Relational Database
5 1 (2.13%) SQL Server 2014
5 1 (2.13%) SQL Server 2016
5 1 (2.13%) SQL Server Analysis Services
5 1 (2.13%) SQL Server Integration Services
Development Applications
1 6 (12.77%) JIRA
2 4 (8.51%) Axure RP
3 2 (4.26%) Subversion
4 1 (2.13%) Team Foundation Server
General
1 29 (61.70%) Finance
2 7 (14.89%) Retail
3 5 (10.64%) Retail Banking
4 3 (6.38%) Investment Banking
5 2 (4.26%) Financial Institution
5 2 (4.26%) Front Office
5 2 (4.26%) Marketing
5 2 (4.26%) Retail Finance
Job Titles
1 11 (23.40%) Analyst
2 7 (14.89%) Business Intelligence Developer
2 7 (14.89%) Developer
3 6 (12.77%) Architect
4 5 (10.64%) Designer
4 5 (10.64%) Project Manager
4 5 (10.64%) SQL BI Developer
4 5 (10.64%) SQL Developer
5 4 (8.51%) Business Analyst
5 4 (8.51%) Test Analyst
5 4 (8.51%) UX Designer
6 3 (6.38%) Desktop Support
6 3 (6.38%) Product Manager
6 3 (6.38%) Senior Manager
6 3 (6.38%) Senior Product Manager
7 2 (4.26%) Finance Business Analyst
7 2 (4.26%) Financial Business Analyst
7 2 (4.26%) Product Analyst
7 2 (4.26%) Risk Analyst
7 2 (4.26%) Solutions Architect
Libraries, Frameworks & Software Standards
1 2 (4.26%) Middleware
2 1 (2.13%) IBM Integration Bus
Miscellaneous
1 6 (12.77%) Analytical Skills
2 5 (10.64%) Credit Risk
3 4 (8.51%) User Experience
4 2 (4.26%) BYOD
4 2 (4.26%) Data Structures
4 2 (4.26%) Management Information System
4 2 (4.26%) Virtual Team
5 1 (2.13%) Blackberry
5 1 (2.13%) Client/Server
5 1 (2.13%) DataPower
5 1 (2.13%) IPTV
5 1 (2.13%) Video Conferencing
5 1 (2.13%) Video Editing
5 1 (2.13%) Video\Live Streaming
Operating Systems
1 3 (6.38%) Windows
1 3 (6.38%) Windows 7
2 2 (4.26%) Android
2 2 (4.26%) Mac OS
2 2 (4.26%) Windows 10
3 1 (2.13%) Apple iOS
Processes & Methodologies
1 10 (21.28%) Agile Software Development
2 9 (19.15%) Business Intelligence
3 7 (14.89%) Business Analysis
3 7 (14.89%) Project Management
3 7 (14.89%) Stakeholder Management
4 5 (10.64%) Analytics
4 5 (10.64%) Anti-Money Laundering
4 5 (10.64%) Decision-Making
4 5 (10.64%) Prototyping
4 5 (10.64%) Risk Management
4 5 (10.64%) Scrum
4 5 (10.64%) Visualisation
5 4 (8.51%) Collaborative Working
5 4 (8.51%) Data Visualisation
5 4 (8.51%) Digital Transformation Programme
5 4 (8.51%) Ethnography
5 4 (8.51%) Information Architecture
5 4 (8.51%) Innovative Thinking
5 4 (8.51%) Product Management
5 4 (8.51%) Workshop Facilitation
Programming Languages
1 10 (21.28%) SQL
2 3 (6.38%) Java
2 3 (6.38%) Python
2 3 (6.38%) T-SQL
3 2 (4.26%) MATLAB
3 2 (4.26%) VB
Qualifications
1 5 (10.64%) Degree
2 1 (2.13%) A+ Certification
2 1 (2.13%) ACDT
2 1 (2.13%) ACHDS
2 1 (2.13%) ACTC
2 1 (2.13%) CISM
2 1 (2.13%) CISSP
2 1 (2.13%) Computer Science Degree
2 1 (2.13%) IIBA
2 1 (2.13%) ISEB
2 1 (2.13%) ISTQB
2 1 (2.13%) ISTQB Advanced Certification
2 1 (2.13%) ISTQB Foundation Certification
2 1 (2.13%) MCDST
2 1 (2.13%) MCP
2 1 (2.13%) MCSA
2 1 (2.13%) MCSE
2 1 (2.13%) MCSM
2 1 (2.13%) Microsoft Certification
2 1 (2.13%) Network+ Certification
Quality Assurance & Compliance
1 2 (4.26%) QA
2 1 (2.13%) ISO/IEC 27001
2 1 (2.13%) PCI DSS
2 1 (2.13%) PMO
2 1 (2.13%) SLA
System Software
1 1 (2.13%) Active Directory
1 1 (2.13%) Virtual Servers
Vendors
1 13 (27.66%) Microsoft
2 4 (8.51%) Tableau
3 3 (6.38%) Bloomberg
4 2 (4.26%) Avaya
4 2 (4.26%) Cisco
4 2 (4.26%) Dell
4 2 (4.26%) NEC
4 2 (4.26%) Reuters
5 1 (2.13%) Adobe
5 1 (2.13%) Apple
5 1 (2.13%) Atlassian
5 1 (2.13%) Citrix
5 1 (2.13%) GoldenSource
5 1 (2.13%) IBM
5 1 (2.13%) Lotus
5 1 (2.13%) MobileIron
5 1 (2.13%) Oracle