Online Banking Contracts with Work from Home Options

Online Banking (Internet Banking)
UK > Work from Home

The table below looks at the prevalence of the term Online Banking in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Online Banking over the 6 months to 7 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
7 May 2024
Same period 2023 Same period 2022
Rank 335 461 602
Rank change year-on-year +126 +141 -127
Contract jobs citing Online Banking 6 6 17
As % of all contract jobs with a WFH option 0.040% 0.024% 0.038%
As % of the Miscellaneous category 0.14% 0.076% 0.12%
Number of daily rates quoted 3 6 10
10th Percentile - - £593
25th Percentile - £500 £600
Median daily rate (50th Percentile) £500 £600 £650
Median % change year-on-year -16.67% -7.69% +13.04%
75th Percentile £650 £700 £700
90th Percentile £740 £725 £869
UK median daily rate £500 £600 £528
% change year-on-year -16.67% +13.74% +27.88%

All Generic Skills
Work from Home

Online Banking is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,296 7,910 13,903
As % of all contract jobs with a WFH option 28.60% 31.48% 31.44%
Number of daily rates quoted 2,934 5,561 9,934
10th Percentile £325 £363 £360
25th Percentile £431 £454 £438
Median daily rate (50th Percentile) £550 £550 £540
Median % change year-on-year - +1.85% +9.09%
75th Percentile £675 £684 £650
90th Percentile £800 £792 £750
UK median daily rate £540 £550 £550
% change year-on-year -1.82% - +10.00%
Number of hourly rates quoted 190 154 221
10th Percentile £15.49 £19.00 £12.21
25th Percentile £25.50 £25.75 £20.75
Median hourly rate £51.00 £55.00 £44.50
Median % change year-on-year -7.27% +23.60% +28.99%
75th Percentile £65.20 £70.00 £57.50
90th Percentile £72.50 £85.00 £66.00
UK median hourly rate £30.16 £22.49 £27.50
% change year-on-year +34.13% -18.24% +4.90%

Online Banking
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Online Banking as a proportion of all IT jobs advertised.

Online Banking trend for jobs with a WFH option

Online Banking
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Online Banking.

Online Banking daily rate for jobs with a WFH option

Online Banking
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Online Banking over the 6 months to 7 May 2024.

Online Banking daily rate histogram for jobs with a WFH option

Online Banking
Co-occurring Skills and Capabilities with WFH Options by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (50.00%) Oracle Workflow
2 1 (16.67%) Confluence
Business Applications
1 3 (50.00%) Oracle Assets
1 3 (50.00%) Oracle EBS
1 3 (50.00%) Oracle EBS R12
1 3 (50.00%) Oracle FAH
1 3 (50.00%) Oracle Financials
1 3 (50.00%) Oracle General Ledger
1 3 (50.00%) Oracle Payables
1 3 (50.00%) Oracle Receivables
Communications & Networking
1 3 (50.00%) PuTTY
Development Applications
1 3 (50.00%) Toad
2 1 (16.67%) JIRA
General
1 6 (100.00%) Banking
2 5 (83.33%) Finance
Job Titles
1 4 (66.67%) Analyst
2 2 (33.33%) Banking Analyst
2 2 (33.33%) Banking Business Analyst
2 2 (33.33%) Business Analyst
2 2 (33.33%) Commercial Analyst
2 2 (33.33%) Commercial Business Analyst
2 2 (33.33%) Finance Systems Analyst
2 2 (33.33%) Financial Analyst
2 2 (33.33%) Oracle Analyst
2 2 (33.33%) Oracle Financials Analyst
2 2 (33.33%) Systems Analyst
3 1 (16.67%) Digital Analyst
3 1 (16.67%) Digital Business Analyst
3 1 (16.67%) Junior Analyst
3 1 (16.67%) Junior Banking Business Analyst
3 1 (16.67%) Lead
3 1 (16.67%) Online Business Analyst
3 1 (16.67%) Programme Manager
3 1 (16.67%) Senior
3 1 (16.67%) Senior Service Manager
Miscellaneous
1 2 (33.33%) Management Information System
2 1 (16.67%) Mobile Banking
Operating Systems
1 3 (50.00%) Unix
Processes & Methodologies
1 3 (50.00%) Data Migration
1 3 (50.00%) Data Reconciliation
1 3 (50.00%) Data Security
1 3 (50.00%) ERP
1 3 (50.00%) Functional Testing
1 3 (50.00%) Migration
1 3 (50.00%) Non-Functional Testing
1 3 (50.00%) Performance Tuning
1 3 (50.00%) Stakeholder Management
1 3 (50.00%) Workflow
2 2 (33.33%) Agile
2 2 (33.33%) Digital Banking
2 2 (33.33%) Digital Transformation Programme
2 2 (33.33%) Scaled Agile Framework
3 1 (16.67%) Acceptance Criteria
3 1 (16.67%) BDD
3 1 (16.67%) Data Mapping
3 1 (16.67%) Digital Engineering
3 1 (16.67%) Epics
3 1 (16.67%) Workshop Facilitation
Programming Languages
1 3 (50.00%) PL/SQL
1 3 (50.00%) SQL
Qualifications
1 1 (16.67%) Degree
Vendors
1 3 (50.00%) Microgen
1 3 (50.00%) Oracle