Retail Banking Contracts with Work from Home Options

Retail Banking
UK > Work from Home

The table below looks at the prevalence of the term Retail 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 Retail Banking over the 6 months to 18 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
18 Apr 2024
Same period 2023 Same period 2022
Rank 299 372 358
Rank change year-on-year +73 -14 -33
Contract jobs citing Retail Banking 48 110 277
As % of all contract jobs with a WFH option 0.31% 0.42% 0.62%
As % of the General category 0.53% 0.71% 1.15%
Number of daily rates quoted 29 66 134
10th Percentile £450 £500 £378
25th Percentile £475 £522 £512
Median daily rate (50th Percentile) £500 £600 £600
Median % change year-on-year -16.67% - +17.65%
75th Percentile £600 £666 £700
90th Percentile £690 £750 -
UK median daily rate £575 £600 £600
% change year-on-year -4.17% - +20.00%

All General Skills
Work from Home

Retail 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 with a WFH option and a requirement for common skills.

Contract vacancies with a requirement for common skills 9,124 15,448 24,132
As % of all contract jobs with a WFH option 58.53% 58.43% 53.58%
Number of daily rates quoted 5,957 10,872 17,460
10th Percentile £331 £363 £350
25th Percentile £425 £450 £425
Median daily rate (50th Percentile) £538 £550 £525
Median % change year-on-year -2.27% +4.76% +7.69%
75th Percentile £650 £675 £637
90th Percentile £760 £775 £725
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.16%
Number of hourly rates quoted 451 361 358
10th Percentile £14.00 £19.06 £13.32
25th Percentile £20.80 £30.00 £19.35
Median hourly rate £38.12 £53.35 £30.00
Median % change year-on-year -28.55% +77.83% +25.00%
75th Percentile £51.25 £67.50 £49.25
90th Percentile £65.00 £81.00 £62.48
UK median hourly rate £28.00 £35.00 £21.50
% change year-on-year -20.00% +62.79% -4.44%

Retail Banking
Trend for Jobs with a WFH Option

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

Retail Banking trend for jobs with a WFH option

Retail 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 Retail Banking.

Retail Banking daily rate for jobs with a WFH option

Retail Banking
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Retail Banking over the 6 months to 18 April 2024.

Retail Banking daily rate histogram for jobs with a WFH option

Retail 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 2 (4.17%) CMS
1 2 (4.17%) Headless CMS
1 2 (4.17%) SharePoint
Applications
1 2 (4.17%) Microsoft Excel
2 1 (2.08%) Gliffy
Cloud Services
1 18 (37.50%) AWS
2 10 (20.83%) Azure
3 8 (16.67%) Power Platform
4 3 (6.25%) Amazon ECR
4 3 (6.25%) Amazon MSK
4 3 (6.25%) GitHub
5 2 (4.17%) Amazon EKS
5 2 (4.17%) Amazon S3
5 2 (4.17%) Amazon SageMaker
5 2 (4.17%) Amazon SQS
5 2 (4.17%) Apigee
5 2 (4.17%) AWS Lambda
5 2 (4.17%) GCP
5 2 (4.17%) GitHub Actions
5 2 (4.17%) Serverless
6 1 (2.08%) FinancialForce
Communications & Networking
1 3 (6.25%) DNS
1 3 (6.25%) VPN
2 2 (4.17%) Internet
3 1 (2.08%) ATM
3 1 (2.08%) Firewall
3 1 (2.08%) Network Security
Database & Business Intelligence
1 8 (16.67%) Power BI
2 3 (6.25%) Amazon QuickSight
2 3 (6.25%) Elasticsearch
2 3 (6.25%) MariaDB
3 2 (4.17%) MongoDB
3 2 (4.17%) MySQL
3 2 (4.17%) SQL Server
4 1 (2.08%) Oracle Database
Development Applications
1 3 (6.25%) Cypress.io
1 3 (6.25%) Jenkins
1 3 (6.25%) JIRA
1 3 (6.25%) Snyk
1 3 (6.25%) SonarQube
2 2 (4.17%) Git
2 2 (4.17%) MSTest
2 2 (4.17%) NUnit
2 2 (4.17%) PHPUnit
3 1 (2.08%) Appium
3 1 (2.08%) Postman
3 1 (2.08%) Selenium
3 1 (2.08%) SilkCentral
3 1 (2.08%) Zephyr
General
1 41 (85.42%) Banking
2 28 (58.33%) Finance
3 14 (29.17%) Investment Banking
4 11 (22.92%) Corporate Banking
4 11 (22.92%) Retail
5 10 (20.83%) Social Skills
6 4 (8.33%) Analytical Skills
7 3 (6.25%) Front Office
8 2 (4.17%) Financial Institution
8 2 (4.17%) Influencing Skills
Job Titles
1 11 (22.92%) Analyst
1 11 (22.92%) Developer
2 4 (8.33%) Architect
2 4 (8.33%) Security Analyst
3 3 (6.25%) Applications Support
3 3 (6.25%) Business Analyst
3 3 (6.25%) Data Analyst
3 3 (6.25%) PHP Developer
3 3 (6.25%) Project Manager
3 3 (6.25%) Unix Support
4 2 (4.17%) .NET Developer
4 2 (4.17%) Automation Engineer
4 2 (4.17%) AWS Developer
4 2 (4.17%) Banking Analyst
4 2 (4.17%) Data Business Analyst
4 2 (4.17%) Product Owner
4 2 (4.17%) React Developer
4 2 (4.17%) Security Engineer
5 1 (2.08%) Infrastructure Manager
5 1 (2.08%) IT Project Manager
Libraries, Frameworks & Software Standards
1 5 (10.42%) GraphQL
2 3 (6.25%) Kafka
3 2 (4.17%) .NET
3 2 (4.17%) Laravel
3 2 (4.17%) React
3 2 (4.17%) Symfony
3 2 (4.17%) Web Services
3 2 (4.17%) Yii
4 1 (2.08%) .NET Framework
4 1 (2.08%) Node.js
4 1 (2.08%) Pandas
4 1 (2.08%) React Native
4 1 (2.08%) RESTful
4 1 (2.08%) Spring
Miscellaneous
1 4 (8.33%) Greenfield Project
2 3 (6.25%) Data Centre
3 2 (4.17%) Mobile App
3 2 (4.17%) Product Ownership
4 1 (2.08%) Algorithms
4 1 (2.08%) Credit Risk
Operating Systems
1 3 (6.25%) Unix
1 3 (6.25%) Windows
2 1 (2.08%) Android
Processes & Methodologies
1 12 (25.00%) Wealth Management
2 11 (22.92%) Agile
3 9 (18.75%) Test Automation
4 8 (16.67%) DevOps
5 7 (14.58%) CI/CD
5 7 (14.58%) Design Patterns
6 6 (12.50%) Software Engineering
7 5 (10.42%) Migration
7 5 (10.42%) Problem-Solving
8 4 (8.33%) Continuous Integration
8 4 (8.33%) Fintech
8 4 (8.33%) Microservices
8 4 (8.33%) Site Reliability Engineering
8 4 (8.33%) Waterfall
9 3 (6.25%) Kalman Filter
9 3 (6.25%) Regression Testing
9 3 (6.25%) Release Management
9 3 (6.25%) Software Testing
9 3 (6.25%) Test Strategy
9 3 (6.25%) Vulnerability Management
Programming Languages
1 8 (16.67%) SQL
2 6 (12.50%) PHP
3 4 (8.33%) Python
4 3 (6.25%) Go
4 3 (6.25%) Java
4 3 (6.25%) PowerShell
5 2 (4.17%) C#
5 2 (4.17%) TypeScript
6 1 (2.08%) Kotlin
6 1 (2.08%) PL/SQL
6 1 (2.08%) R
Qualifications
1 3 (6.25%) CISM
1 3 (6.25%) CISSP
2 2 (4.17%) Degree
3 1 (2.08%) BPSS Clearance
3 1 (2.08%) CSSLP
3 1 (2.08%) ISTQB
Quality Assurance & Compliance
1 2 (4.17%) QA
2 1 (2.08%) Data Quality
System Software
1 2 (4.17%) Docker
2 1 (2.08%) Virtual Desktop
Systems Management
1 5 (10.42%) Kubernetes
2 3 (6.25%) Grafana
2 3 (6.25%) Prometheus
3 1 (2.08%) Ansible
Vendors
1 3 (6.25%) Oracle
1 3 (6.25%) Qualys
2 2 (4.17%) Google
2 2 (4.17%) Sonatype
2 2 (4.17%) Symantec
2 2 (4.17%) Veracode
2 2 (4.17%) Zscaler
3 1 (2.08%) Avaloq
3 1 (2.08%) Checkmarx
3 1 (2.08%) Citrix
3 1 (2.08%) Microsoft
3 1 (2.08%) Salesforce
3 1 (2.08%) TSYS