Period
to 11 December 2019

The table below looks at the prevalence of the term Financial Institution in contract job vacancies advertised in the West Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Institution over the 6 months to 11 December 2019 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.

Financial Institution
England > West Midlands
6 months to
11 Dec 2019
Same period 2018 Same period 2017
Rank 158 200 189
Rank change year-on-year +42 -11 +24
Contract jobs citing Financial Institution 12 11 1
As % of all contract IT jobs advertised in the West Midlands 0.33% 0.21% 0.020%
As % of the General category 1.03% 0.76% 0.061%
Number of daily rates quoted 11 10 1
West Midlands median daily rate £400 £450 £275
Median daily rate % change year-on-year -11.11% +63.64% -38.89%
10th Percentile £300 £355 £263
90th Percentile £500 £486 £288
England median daily rate £500 £550 £550
% change year-on-year -9.09% - +15.79%
Number of hourly rates quoted 1 0 0
West Midlands median hourly rate £10.00 - -
England median hourly rate £18.70 £18.10 £15.86
% change year-on-year +3.31% +14.12% +75.93%

Financial Institution 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 1,169 1,455 1,639
As % of all contract IT jobs advertised in the West Midlands 31.75% 27.99% 33.37%
Number of daily rates quoted 769 880 1,014
West Midlands median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25% -0.62%
10th Percentile £213 £275 £223
90th Percentile £588 £575 £563
England median daily rate £493 £488 £475
% change year-on-year +1.03% +2.63% +5.56%
Number of hourly rates quoted 77 71 96
West Midlands median hourly rate £16.00 £16.50 £23.83
Median hourly rate % change year-on-year -3.03% -30.76% +53.74%
10th Percentile £13.50 £11.00 £11.63
90th Percentile £38.48 £37.50 £43.75
England median hourly rate £22.00 £21.50 £23.00
% change year-on-year +2.33% -6.52% +12.20%

Financial Institution
Job Vacancy Trend in the West Midlands

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

Job vacancy trend for Financial Institution in the West Midlands

Financial Institution
Contractor Daily Rate Trend in the West Midlands

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

Contractor daily rate trend for Financial Institution in the West Midlands

Financial Institution
Contractor Daily Rate Histogram in the West Midlands

The daily rate distribution of IT jobs citing Financial Institution in the West Midlands over the 6 months to 11 December 2019.

Contractor daily rate histogram for Financial Institution in the West Midlands

Financial Institution
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 Financial Institution in the West Midlands.

Contractor hourly rate trend for Financial Institution in the West Midlands

Financial Institution
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 Financial Institution within the West Midlands region over the 6 months to 11 December 2019. 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
Coventry +12 8 £338 -25.00% 1
Birmingham +7 4 £500 +11.11%
Financial Institution
England

For the 6 months to 11 December 2019, IT contractor jobs citing Financial Institution 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 Financial Institution.

1 12 (100.00%) Finance
2 11 (91.67%) Change Management
2 11 (91.67%) Digital Transformation Programme
3 5 (41.67%) Migration
4 3 (25.00%) VMware
4 3 (25.00%) Firewall
4 3 (25.00%) Agile Software Development
4 3 (25.00%) Software Delivery
4 3 (25.00%) AWS
4 3 (25.00%) Product Roadmap
5 2 (16.67%) Internet
5 2 (16.67%) Windows
5 2 (16.67%) PCI DSS
5 2 (16.67%) Windows Server 2008
6 1 (8.33%) Data Guard
6 1 (8.33%) VMware Infrastructure
6 1 (8.33%) Project Planning
6 1 (8.33%) Blue Coat
6 1 (8.33%) Enterprise Architecture
6 1 (8.33%) C
6 1 (8.33%) Oracle
6 1 (8.33%) SQL Server
6 1 (8.33%) Oracle RMAN
6 1 (8.33%) Solaris
6 1 (8.33%) Python
6 1 (8.33%) WAN
6 1 (8.33%) VPN
6 1 (8.33%) Oracle Enterprise Manager
6 1 (8.33%) SSL
6 1 (8.33%) Cisco

Financial Institution
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:

Cloud Services
1 3 (25.00%) AWS
Communications & Networking
1 3 (25.00%) Firewall
2 2 (16.67%) Internet
3 1 (8.33%) Cisco Firepower
3 1 (8.33%) DMZ
3 1 (8.33%) SSL
3 1 (8.33%) VPN
3 1 (8.33%) WAN
Database & Business Intelligence
1 1 (8.33%) Oracle Database
1 1 (8.33%) SQL Server
General
1 12 (100.00%) Finance
Job Titles
1 3 (25.00%) Analyst
1 3 (25.00%) Migration Engineer
1 3 (25.00%) Solutions Analyst
2 2 (16.67%) Wintel Engineer
3 1 (8.33%) Architect
3 1 (8.33%) Cloud Engineer
3 1 (8.33%) Financial Services Project Manager
3 1 (8.33%) IT Support
3 1 (8.33%) IT Support Technician
3 1 (8.33%) IT Technician
3 1 (8.33%) Junior
3 1 (8.33%) Junior Network Engineer
3 1 (8.33%) Network Engineer
3 1 (8.33%) Payments Architect
3 1 (8.33%) PCI DSS Project Manager
3 1 (8.33%) Project Manager
3 1 (8.33%) Support Technician
Miscellaneous
1 1 (8.33%) Data Centre
1 1 (8.33%) Hybrid Cloud
Operating Systems
1 2 (16.67%) Windows
1 2 (16.67%) Windows Server 2008
2 1 (8.33%) Solaris
2 1 (8.33%) Windows Server 2012
Processes & Methodologies
1 11 (91.67%) Change Management
1 11 (91.67%) Digital Transformation Programme
2 5 (41.67%) Migration
3 3 (25.00%) Agile Software Development
3 3 (25.00%) Product Roadmap
3 3 (25.00%) Software Delivery
4 1 (8.33%) Collaborative Working
4 1 (8.33%) Enterprise Architecture
4 1 (8.33%) Mentoring
4 1 (8.33%) Performance Tuning
4 1 (8.33%) Project Delivery
4 1 (8.33%) Project Planning
4 1 (8.33%) Runbook
4 1 (8.33%) Service Delivery
Programming Languages
1 1 (8.33%) C
1 1 (8.33%) Python
Quality Assurance & Compliance
1 2 (16.67%) PCI DSS
System Software
1 1 (8.33%) VMware Infrastructure
Systems Management
1 1 (8.33%) Data Guard
1 1 (8.33%) Oracle Enterprise Manager
1 1 (8.33%) Oracle RMAN
Vendors
1 3 (25.00%) VMware
2 1 (8.33%) Blue Coat
2 1 (8.33%) CheckPoint
2 1 (8.33%) Cisco
2 1 (8.33%) F5
2 1 (8.33%) Forcepoint
2 1 (8.33%) Oracle