Banking Contracts in the South East

Banking
England > South East

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the South East. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 17 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
17 May 2024
Same period 2023 Same period 2022
Rank 100 126 174
Rank change year-on-year +26 +48 -19
Contract jobs citing Banking 89 79 83
As % of all contract jobs advertised in the South East 1.63% 1.41% 1.09%
As % of the General category 3.25% 2.40% 1.96%
Number of daily rates quoted 66 53 69
10th Percentile £157 £430 £328
25th Percentile £375 £525 £413
Median daily rate (50th Percentile) £513 £600 £500
Median % change year-on-year -14.58% +20.00% +12.36%
75th Percentile £533 £750 £575
90th Percentile £688 £800 £675
England median daily rate £625 £650 £650
% change year-on-year -3.85% - +13.04%
Number of hourly rates quoted 4 0 2
10th Percentile - - £11.82
25th Percentile £14.50 - £12.52
Median hourly rate £15.00 - £13.68
75th Percentile £19.13 - £14.84
90th Percentile £25.65 - £15.54
England median hourly rate £19.05 £21.00 £23.48
% change year-on-year -9.29% -10.57% +64.82%

All General Skills
South East

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 advertised in the South East with a requirement for common skills.

Contract vacancies with a requirement for common skills 2,738 3,286 4,226
As % of all contract IT jobs advertised in the South East 50.20% 58.85% 55.31%
Number of daily rates quoted 1,505 2,254 2,806
10th Percentile £205 £239 £213
25th Percentile £355 £400 £388
Median daily rate (50th Percentile) £493 £500 £500
Median % change year-on-year -1.40% - +7.41%
75th Percentile £600 £625 £588
90th Percentile £688 £719 £663
England median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 337 159 210
10th Percentile £12.88 £17.20 £12.25
25th Percentile £18.32 £22.44 £14.00
Median hourly rate £45.00 £47.50 £20.00
Median % change year-on-year -5.26% +137.50% -26.25%
75th Percentile £61.30 £64.13 £32.40
90th Percentile £70.00 £74.20 £48.75
England median hourly rate £30.12 £32.30 £21.50
% change year-on-year -6.75% +50.23% -4.10%

Banking
Job Vacancy Trend in the South East

Job postings citing Banking as a proportion of all IT jobs advertised in the South East.

Job vacancy trend for Banking in the South East

Banking
Contractor Daily Rate Trend in the South East

3-month moving average daily rate quoted in jobs citing Banking in the South East.

Daily rate trend for Banking in the South East

Banking
Daily Rate Histogram in the South East

Daily rate distribution for jobs citing Banking in the South East over the 6 months to 17 May 2024.

Daily rate histogram for Banking in the South East

Banking
Contractor Hourly Rate Trend in the South East

3-month moving average hourly rates quoted in jobs citing Banking in the South East.

Hourly rate trend for Banking in the South East

Banking
Hourly Rate Histogram in the South East

Hourly rate distribution of jobs citing Banking in the South East over the 6 months to 17 May 2024.

Hourly rate histogram for Banking in the South East

Banking
Contract Job Locations in the South East

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the South East region over the 6 months to 17 May 2024. 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
Jobs
Thames Valley +22 55 £513 -29.31% 10
Berkshire +20 39 £513 +20.59% 5
Surrey +17 30 £513 -16.33% 4
Hampshire +6 17 £340 -33.66% 1
Buckinghamshire +13 16 £425 -42.37% 5
Kent +9 6 £775 +29.17% 3
West Sussex +5 2 £425 -15.00% 1
East Sussex - 2 £525 - 1
Banking
England

Banking
Co-occurring Skills and Capabilities in the South East 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 (3.37%) Confluence
1 3 (3.37%) Microsoft Exchange
2 2 (2.25%) Apache Spark
2 2 (2.25%) SAS
3 1 (1.12%) Appian
3 1 (1.12%) Exchange Server 2007
3 1 (1.12%) Exchange Server 2013
3 1 (1.12%) SharePoint
Applications
1 8 (8.99%) Microsoft Office
2 7 (7.87%) Microsoft Excel
3 1 (1.12%) Trello
Business Applications
1 2 (2.25%) Dynamics CRM
2 1 (1.12%) Unit4 Business World
Cloud Services
1 7 (7.87%) AWS
2 5 (5.62%) Azure
3 3 (3.37%) Power Platform
4 2 (2.25%) Snowflake
5 1 (1.12%) Amazon EMR
5 1 (1.12%) Azure Functions
5 1 (1.12%) Azure Logic Apps
5 1 (1.12%) Azure Service Bus
5 1 (1.12%) Cloud Computing
5 1 (1.12%) Dynamics 365
5 1 (1.12%) Entra ID
5 1 (1.12%) Microsoft 365
5 1 (1.12%) Miro
5 1 (1.12%) Serverless
Communications & Networking
1 37 (41.57%) DMZ
2 11 (12.36%) Cisco Nexus
2 11 (12.36%) Firewall
2 11 (12.36%) VPN
3 1 (1.12%) Cisco IOS
Database & Business Intelligence
1 3 (3.37%) Power BI
2 2 (2.25%) Data Warehouse
2 2 (2.25%) Hadoop
3 1 (1.12%) Apache Hive
3 1 (1.12%) Big Data
3 1 (1.12%) Data Lake
3 1 (1.12%) Impala
3 1 (1.12%) Oracle Exadata
3 1 (1.12%) PostgreSQL
3 1 (1.12%) SAS Enterprise Guide
3 1 (1.12%) Sqoop
Development Applications
1 7 (7.87%) JIRA
2 2 (2.25%) Git
3 1 (1.12%) Android Studio
3 1 (1.12%) Artifactory
3 1 (1.12%) Jenkins
3 1 (1.12%) SQL Server Management Studio (SSMS)
3 1 (1.12%) Subversion
3 1 (1.12%) Team Foundation Server
3 1 (1.12%) Visual Studio
General
1 61 (68.54%) Finance
2 11 (12.36%) Investment Banking
3 9 (10.11%) Retail
4 7 (7.87%) Analytical Skills
4 7 (7.87%) Wholesale Banking
5 6 (6.74%) Corporate Banking
5 6 (6.74%) Social Skills
6 4 (4.49%) Marketing
7 3 (3.37%) Billing
8 2 (2.25%) Financial Institution
8 2 (2.25%) French Language
8 2 (2.25%) Front Office
8 2 (2.25%) Influencing Skills
8 2 (2.25%) Retail Banking
9 1 (1.12%) Documentation Skills
Job Titles
1 36 (40.45%) Network Engineer
2 26 (29.21%) Senior
3 25 (28.09%) Senior Network Engineer
4 11 (12.36%) Blue Coat Engineer
4 11 (12.36%) Cisco Engineer
4 11 (12.36%) Cisco Network Engineer
4 11 (12.36%) Juniper Engineer
5 10 (11.24%) Analyst
6 8 (8.99%) Coordinator
7 7 (7.87%) Architect
8 5 (5.62%) Business Analyst
8 5 (5.62%) Developer
8 5 (5.62%) Project Manager
9 3 (3.37%) Administrator
9 3 (3.37%) Data Analyst
9 3 (3.37%) Data Engineer
9 3 (3.37%) Data Network Engineer
9 3 (3.37%) Network Security Engineer
9 3 (3.37%) Security Engineer
9 3 (3.37%) Solutions Architect
Libraries, Frameworks & Software Standards
1 2 (2.25%) Kafka
2 1 (1.12%) .NET
2 1 (1.12%) .NET Framework
2 1 (1.12%) Android SDK
2 1 (1.12%) GraphQL
2 1 (1.12%) gRPC
2 1 (1.12%) JSON
2 1 (1.12%) RabbitMQ
2 1 (1.12%) REST
2 1 (1.12%) RESTful
2 1 (1.12%) XML
Miscellaneous
1 4 (4.49%) Product Ownership
2 3 (3.37%) Cloud Native
3 2 (2.25%) Data Protection Act
3 2 (2.25%) Derivative
3 2 (2.25%) Foreign Exchange (FX)
3 2 (2.25%) Management Information System
4 1 (1.12%) Analytical Mindset
4 1 (1.12%) Blackberry
4 1 (1.12%) Credit Risk
4 1 (1.12%) Data Centre
4 1 (1.12%) Legacy Systems
4 1 (1.12%) Mobile App
4 1 (1.12%) Mobile Banking
4 1 (1.12%) Online Banking
4 1 (1.12%) PKI
4 1 (1.12%) Security Posture
4 1 (1.12%) Video Conferencing
Operating Systems
1 2 (2.25%) Linux
1 2 (2.25%) Windows
1 2 (2.25%) zOS
2 1 (1.12%) Android
2 1 (1.12%) Mac OS X
2 1 (1.12%) Windows 7
Processes & Methodologies
1 34 (38.20%) Migration
2 26 (29.21%) B2B
3 13 (14.61%) Design Patterns
4 11 (12.36%) Architectural Patterns
4 11 (12.36%) Change Control
4 11 (12.36%) High Availability
4 11 (12.36%) ITSM
5 10 (11.24%) Agile
6 7 (7.87%) Financial Analysis
6 7 (7.87%) Line Management
7 6 (6.74%) Data Analysis
7 6 (6.74%) Problem-Solving
7 6 (6.74%) User Stories
8 5 (5.62%) Customer Experience
8 5 (5.62%) Project Management
8 5 (5.62%) Roadmaps
8 5 (5.62%) Stakeholder Management
8 5 (5.62%) Waterfall
9 4 (4.49%) Analytics
9 4 (4.49%) User Acceptance Testing
Programming Languages
1 7 (7.87%) SQL
2 3 (3.37%) Python
3 1 (1.12%) Go
3 1 (1.12%) Kotlin
3 1 (1.12%) Scala
3 1 (1.12%) T-SQL
Qualifications
1 25 (28.09%) Cisco Certification
2 1 (1.12%) Computer Science Degree
2 1 (1.12%) Degree
Quality Assurance & Compliance
1 1 (1.12%) Data Quality
1 1 (1.12%) IFRS
1 1 (1.12%) IFRS 9
1 1 (1.12%) PMO
1 1 (1.12%) QA
1 1 (1.12%) SLA
System Software
1 1 (1.12%) Active Directory
1 1 (1.12%) Docker
1 1 (1.12%) HDFS
Systems Management
1 2 (2.25%) NetBackup
2 1 (1.12%) AirWatch
2 1 (1.12%) Ansible
2 1 (1.12%) HP Quality Center
2 1 (1.12%) Single Sign-On
Vendors
1 37 (41.57%) Cisco
2 36 (40.45%) CheckPoint
3 25 (28.09%) Arista
4 11 (12.36%) Blue Coat
4 11 (12.36%) Fortinet
4 11 (12.36%) Juniper
4 11 (12.36%) Microsoft
5 7 (7.87%) MicroStrategy
6 3 (3.37%) OpenText
7 2 (2.25%) Informatica
7 2 (2.25%) Salesforce
8 1 (1.12%) Apple
8 1 (1.12%) CA Agile Central
8 1 (1.12%) HP
8 1 (1.12%) Remedy
8 1 (1.12%) ServiceNow