The table below looks at the prevalence of the term Retail 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 Retail Banking over the 3 months to 25 March 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Retail Banking
England / West Midlands
Rank 112 127 112
Rank change year-on-year +15 -15  
Contract jobs citing Retail Banking 6 3 10
As % of all contract IT jobs advertised in the West Midlands 0.26% 0.11% 0.39%
As % of the General category 0.87% 0.44% 1.31%
Number of daily rates quoted 6 2 8
Median daily rate £438 £338 £438
Median daily rate % change year-on-year +29.62% -22.85%  
90% offered a daily rate of more than £413 £248 £328
10% offered a daily rate of more than £550 £428 £490
UK excluding London median daily rate £416 £450 £425
% change year-on-year -7.50% +5.88%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Retail Banking is in the common skills category. The next 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.

General Skills
West Midlands
Contract job vacancies with a requirement for common skills 692 681 763
As % of all contract IT job vacancies advertised in the West Midlands 30.05% 25.27% 30.12%
Number of daily rates quoted 418 394 384
Median daily rate £400 £386 £400
Median daily rate % change year-on-year +3.55% -3.43%  
90% offered a daily rate of more than £275 £250 £260
10% offered a daily rate of more than £522 £504 £525
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 33 25 61
Median hourly rate £24.50 £19.81 £29.00
Median hourly rate % change year-on-year +23.70% -31.70%  
90% offered a hourly rate of more than £13.40 £11.40 £11.00
10% offered a hourly rate of more than £36.80 £39.00 £37.50
UK excluding London median hourly rate £27.00 £31.50 £25.00
% change year-on-year -14.28% +26.00%  

Retail Banking
Job Vacancy Trend in the West Midlands

The job posting trend of jobs advertised in the West Midlands citing Retail Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Retail Banking in the West Midlands

Retail 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 Retail Banking in the West Midlands.

Contractor daily rate trend for Retail Banking in the West Midlands

Retail Banking
Contractor Daily Rate Histogram in the West Midlands

The daily rate distribution of IT jobs citing Retail Banking in the West Midlands over the 3 months to 25 March 2017.

Contractor daily rate histogram for Retail Banking in the West Midlands

Retail 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 Retail Banking within the West Midlands region over the 3 months to 25 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Birmingham 0 4 £438 +29.62%
Wolverhampton - 1 £425 -
Retail Banking
England

Retail Banking
Top 30 Related IT Skills in the West Midlands

For the 6 months to 25 March 2017, IT contractor jobs citing Retail Banking 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 Retail Banking.

1 11 (100.00%) Banking
1 11 (100.00%) Retail
2 5 (45.45%) Finance
3 3 (27.27%) Agile Software Development
4 2 (18.18%) Windows Server
4 2 (18.18%) Wealth Management
4 2 (18.18%) User Acceptance Testing
4 2 (18.18%) Investment Management
4 2 (18.18%) Test Scripting
4 2 (18.18%) Windows 7
4 2 (18.18%) Skype for Business
4 2 (18.18%) Windows
4 2 (18.18%) Active Directory
4 2 (18.18%) Internet
4 2 (18.18%) Migration
4 2 (18.18%) Stakeholder Management
4 2 (18.18%) Scrum
4 2 (18.18%) Business Analysis
4 2 (18.18%) Private Banking
5 1 (9.09%) Lean Six Sigma
5 1 (9.09%) Enterprise Architecture
5 1 (9.09%) Document Management
5 1 (9.09%) TOGAF
5 1 (9.09%) Process Management
5 1 (9.09%) TQM
5 1 (9.09%) GAP Analysis
5 1 (9.09%) Management Information System
5 1 (9.09%) C
5 1 (9.09%) Legal
5 1 (9.09%) Six Sigma

Retail Banking
Top Related 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 2 (18.18%) Skype for Business
Business Applications
1 1 (9.09%) IBM Operational Decision Manager
Communications & Networking
1 2 (18.18%) Internet
General
1 11 (100.00%) Banking
1 11 (100.00%) Retail
2 5 (45.45%) Finance
3 2 (18.18%) Private Banking
4 1 (9.09%) Legal
Job Titles
1 5 (45.45%) Analyst
2 3 (27.27%) Test Manager
3 2 (18.18%) Architect
3 2 (18.18%) Banking Analyst
3 2 (18.18%) Business Analyst
3 2 (18.18%) Risk Analyst
3 2 (18.18%) Senior Analyst
3 2 (18.18%) Senior Support Analyst
3 2 (18.18%) Support Analyst
4 1 (9.09%) 2nd Line Support Analyst
4 1 (9.09%) 3rd Line Support Analyst
4 1 (9.09%) Business Architect
4 1 (9.09%) Credit Analyst
4 1 (9.09%) Credit Risk Analyst
4 1 (9.09%) Credit Risk Business Analyst
4 1 (9.09%) Enterprise Architect
4 1 (9.09%) Financial Analyst
4 1 (9.09%) Risk Business Analyst
4 1 (9.09%) Scrum Master
4 1 (9.09%) Test Leader
Miscellaneous
1 1 (9.09%) Credit Risk
1 1 (9.09%) Management Information System
Operating Systems
1 2 (18.18%) Windows
1 2 (18.18%) Windows 7
1 2 (18.18%) Windows Server
Processes & Methodologies
1 3 (27.27%) Agile Software Development
2 2 (18.18%) Business Analysis
2 2 (18.18%) Investment Management
2 2 (18.18%) Migration
2 2 (18.18%) Scrum
2 2 (18.18%) Stakeholder Management
2 2 (18.18%) Test Scripting
2 2 (18.18%) User Acceptance Testing
2 2 (18.18%) Wealth Management
3 1 (9.09%) Business Forecasting
3 1 (9.09%) Defect Management
3 1 (9.09%) Document Composition
3 1 (9.09%) Enterprise Architecture
3 1 (9.09%) Feasibility Study
3 1 (9.09%) Information Architecture
3 1 (9.09%) IT Strategy
3 1 (9.09%) Lean Six Sigma
3 1 (9.09%) Planning and Forecasting
3 1 (9.09%) Software Delivery
3 1 (9.09%) System Testing
Programming Languages
1 1 (9.09%) C
System Software
1 2 (18.18%) Active Directory
Vendors
1 1 (9.09%) Blue Prism
1 1 (9.09%) IBM
1 1 (9.09%) Pega