Period
to 23 November 2017

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 23 November 2017 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
23 Nov 2017
Same period 2016 Same period 2015
Rank 174 209 173
Rank change year-on-year +35 -36 -5
Contract jobs citing Financial Institution 4 3 3
As % of all contract IT jobs advertised in the West Midlands 0.083% 0.049% 0.061%
As % of the General category 0.29% 0.16% 0.18%
Number of daily rates quoted 1 2 1
West Midlands median daily rate £275 £500 £200
Median daily rate % change year-on-year -45.00% +150.00% -42.86%
England median daily rate £550 £475 £500
% change year-on-year +15.79% -5.00% +11.11%
Number of hourly rates quoted 0 0 0
West Midlands median hourly rate - - -
England median hourly rate £15.86 £9.02 £21.01
% change year-on-year +75.93% -57.10% +128.77%

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 1373 1825 1638
As % of all contract IT jobs advertised in the West Midlands 28.36% 29.51% 33.16%
Number of daily rates quoted 842 1131 959
West Midlands median daily rate £400 £400 £400
10th Percentile £219 £250 £250
90th Percentile £563 £575 £575
England median daily rate £475 £450 £433
% change year-on-year +5.56% +4.05% +1.76%
Number of hourly rates quoted 71 65 111
West Midlands median hourly rate £30.50 £16.00 £28.50
Median hourly rate % change year-on-year +90.63% -43.86% -9.52%
10th Percentile £13.61 £10.69 £12.35
90th Percentile £45.25 £42.40 £43.75
England median hourly rate £25.50 £24.50 £24.93
% change year-on-year +4.08% -1.71% +13.30%

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 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 23 November 2017. 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 +8 4 £275 -38.89%
Financial Institution
England

For the 6 months to 23 November 2017, IT contractor jobs citing Financial Institution also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Financial Institution.

1 4 (100.00%) Finance
1 4 (100.00%) Banking
1 4 (100.00%) Investment Banking
2 3 (75.00%) Virtual Team
2 3 (75.00%) HP
2 3 (75.00%) Investment Management
2 3 (75.00%) Apache Solr
2 3 (75.00%) E-Discovery
3 1 (25.00%) Functional Testing
3 1 (25.00%) Market Making
3 1 (25.00%) System Integration Testing
3 1 (25.00%) Defect Management
3 1 (25.00%) SEPA
3 1 (25.00%) Retail
3 1 (25.00%) Derivative
3 1 (25.00%) Retail Banking
3 1 (25.00%) QA
3 1 (25.00%) Release Management
3 1 (25.00%) User Acceptance Testing
3 1 (25.00%) Test Scripting

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:

Application Platforms
1 3 (75.00%) Apache Solr
General
1 4 (100.00%) Banking
1 4 (100.00%) Finance
1 4 (100.00%) Investment Banking
2 1 (25.00%) Retail
2 1 (25.00%) Retail Banking
Job Titles
1 3 (75.00%) Developer
1 3 (75.00%) Technical Developer
2 1 (25.00%) Analyst
2 1 (25.00%) Banking Analyst
2 1 (25.00%) Test Analyst
Miscellaneous
1 3 (75.00%) Virtual Team
2 1 (25.00%) Derivative
Processes & Methodologies
1 3 (75.00%) E-Discovery
1 3 (75.00%) Investment Management
2 1 (25.00%) Defect Management
2 1 (25.00%) Functional Testing
2 1 (25.00%) Market Making
2 1 (25.00%) Release Management
2 1 (25.00%) System Integration Testing
2 1 (25.00%) Test Scripting
2 1 (25.00%) User Acceptance Testing
Quality Assurance & Compliance
1 1 (25.00%) QA
1 1 (25.00%) SEPA
Vendors
1 3 (75.00%) HP