Banking Contracts in the UK excluding London

Banking
UK > UK excluding London

The table below looks at the prevalence of the term Banking in contract job vacancies in the UK excluding London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Banking over the 6 months leading up to 10 June 2024, comparing them to the same period in the previous two years.

6 months to
10 Jun 2024
Same period 2023 Same period 2022
Rank 75 81 92
Rank change year-on-year +6 +11 -26
Contract jobs citing Banking 561 673 866
As % of all contract jobs advertised in the UK excluding London 2.64% 2.96% 2.85%
As % of the General category 4.95% 5.28% 5.09%
Number of daily rates quoted 350 390 569
10th Percentile £325 £400 £325
25th Percentile £413 £463 £425
Median daily rate (50th Percentile) £500 £550 £500
Median % change year-on-year -9.09% +10.00% +15.61%
75th Percentile £609 £663 £588
90th Percentile £738 £731 £669
UK median daily rate £600 £650 £625
% change year-on-year -7.69% +4.00% +8.70%
Number of hourly rates quoted 18 7 10
10th Percentile £11.74 £15.29 £11.29
25th Percentile £12.44 £17.45 £14.98
Median hourly rate £15.00 £64.38 £26.06
Median % change year-on-year -76.70% +147.00% +85.76%
75th Percentile £20.13 £69.38 £40.75
90th Percentile £84.50 £70.00 £43.95
UK median hourly rate £19.05 £52.50 £27.50
% change year-on-year -63.71% +90.91% +93.02%

All General Skills
UK excluding London

Banking falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in the UK excluding London.

Contract vacancies with a requirement for common skills 11,334 12,751 17,017
As % of all contract IT jobs advertised in the UK excluding London 53.34% 56.13% 55.98%
Number of daily rates quoted 6,386 8,647 11,713
10th Percentile £205 £230 £213
25th Percentile £363 £400 £375
Median daily rate (50th Percentile) £490 £500 £475
Median % change year-on-year -2.00% +5.26% +7.95%
75th Percentile £594 £600 £575
90th Percentile £688 £700 £656
UK median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 1,717 737 1,034
10th Percentile £12.50 £13.37 £12.50
25th Percentile £15.00 £15.25 £14.25
Median hourly rate £28.42 £27.50 £19.52
Median % change year-on-year +3.35% +40.88% +2.74%
75th Percentile £53.75 £60.00 £37.48
90th Percentile £67.50 £69.25 £56.00
UK median hourly rate £30.00 £32.00 £22.51
% change year-on-year -6.25% +42.14% +6.95%

Banking
Job Vacancy Trend in the UK excluding London

Job postings citing Banking as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Banking in the UK excluding London

Banking
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Banking in the UK excluding London.

Daily rate trend for Banking in the UK excluding London

Banking
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Banking in the UK excluding London over the 6 months to 10 June 2024.

Daily rate histogram for Banking in the UK excluding London

Banking
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Banking in the UK excluding London.

Hourly rate trend for Banking in the UK excluding London

Banking
Hourly Rate Histogram in the UK excluding London

Hourly rate distribution of jobs citing Banking in the UK excluding London over the 6 months to 10 June 2024.

Hourly rate histogram for Banking in the UK excluding London

Banking
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the UK excluding London region over the 6 months to 10 June 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
North of England +3 209 £476 -13.41% 64
Scotland 0 124 £508 +1.50% 38
North West +18 115 £483 -12.14% 47
South East +37 103 £513 -14.58% 47
Yorkshire -11 91 £488 -11.36% 13
Midlands +7 73 £453 -24.58% 31
East Midlands +45 50 £445 -1.11% 13
South West -8 35 £575 -8.00% 33
East of England +16 24 £575 +15.00% 6
West Midlands -16 21 £525 -17.65% 17
Northern Ireland -3 7 £450 +18.03% 11
North East +10 3 £463 -36.21% 4
Isle of Man - 3 - -
South Coast - 3 £500 -
Wales +18 1 £550 -6.38% 9
Banking
UK

Banking
Co-occurring Skills and Capabilities in the UK excluding London 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 19 (3.39%) Confluence
1 19 (3.39%) SharePoint
2 14 (2.50%) Apache Spark
3 6 (1.07%) Oracle SOA Suite
4 5 (0.89%) IBM HTTP Server
4 5 (0.89%) WebSphere
4 5 (0.89%) WebSphere Application Server
4 5 (0.89%) WebSphere Portal
5 4 (0.71%) Oracle Workflow
6 3 (0.53%) Apache
6 3 (0.53%) SAS
7 2 (0.36%) Apache Airflow
7 2 (0.36%) CMS
8 1 (0.18%) Appian
8 1 (0.18%) Cloud Foundry
8 1 (0.18%) JBoss
8 1 (0.18%) Microsoft Exchange
8 1 (0.18%) Mule
Applications
1 36 (6.42%) Microsoft Excel
2 23 (4.10%) Microsoft Office
3 10 (1.78%) MS Visio
4 9 (1.60%) Spreadsheet
5 2 (0.36%) Adobe XD
5 2 (0.36%) InVision
5 2 (0.36%) Microsoft PowerPoint
5 2 (0.36%) Microsoft Project
5 2 (0.36%) Sketch
6 1 (0.18%) Trello
6 1 (0.18%) UserZoom
Business Applications
1 10 (1.78%) SAP S/4HANA
2 8 (1.43%) Payment Gateway
2 8 (1.43%) SAP CO
2 8 (1.43%) SAP FI
2 8 (1.43%) SAP FI/CO
3 7 (1.25%) Temenos T24
4 3 (0.53%) Oracle Assets
4 3 (0.53%) Oracle EBS
4 3 (0.53%) Oracle EBS R12
4 3 (0.53%) Oracle FAH
4 3 (0.53%) Oracle Financials
4 3 (0.53%) Oracle General Ledger
4 3 (0.53%) Oracle Payables
4 3 (0.53%) Oracle Receivables
5 2 (0.36%) Dynamics CRM
6 1 (0.18%) Hyperion Planning
6 1 (0.18%) Markit EDM
Cloud Services
1 73 (13.01%) AWS
2 66 (11.76%) Azure
3 27 (4.81%) GCP
4 18 (3.21%) Entra ID
5 10 (1.78%) Power Platform
6 9 (1.60%) OpenShift
6 9 (1.60%) SaaS
7 8 (1.43%) Cloud Computing
7 8 (1.43%) Kong
8 7 (1.25%) Apigee
8 7 (1.25%) Serverless
9 6 (1.07%) Amazon S3
9 6 (1.07%) Microsoft 365
10 5 (0.89%) AWS Lambda
10 5 (0.89%) Snowflake
11 4 (0.71%) IaaS
12 3 (0.53%) Amazon EMR
12 3 (0.53%) AWS CloudFormation
12 3 (0.53%) Azure DevOps
12 3 (0.53%) PaaS
Communications & Networking
1 42 (7.49%) DMZ
2 27 (4.81%) Firewall
3 13 (2.32%) Cisco Nexus
4 12 (2.14%) VPN
5 5 (0.89%) ATM
5 5 (0.89%) HTTP
5 5 (0.89%) SAN
6 4 (0.71%) DNS
6 4 (0.71%) Internet
6 4 (0.71%) SD-WAN
6 4 (0.71%) Wireless
7 3 (0.53%) DHCP
7 3 (0.53%) NAS
7 3 (0.53%) PuTTY
7 3 (0.53%) Remote Desktop
7 3 (0.53%) SSL
8 2 (0.36%) Wi-Fi
9 1 (0.18%) DSL
9 1 (0.18%) RTP
9 1 (0.18%) TCP/IP
Database & Business Intelligence
1 14 (2.50%) SQL Server
2 13 (2.32%) Big Data
3 12 (2.14%) Data Lake
4 10 (1.78%) Hadoop
4 10 (1.78%) Impala
4 10 (1.78%) MongoDB
4 10 (1.78%) Power BI
5 9 (1.60%) Apache Hive
5 9 (1.60%) NoSQL
6 8 (1.43%) OLAP
6 8 (1.43%) Relational Database
7 7 (1.25%) MySQL
7 7 (1.25%) OLTP
8 6 (1.07%) Oracle OLAP
8 6 (1.07%) Spark SQL
9 5 (0.89%) DB2
9 5 (0.89%) RDBMS
10 4 (0.71%) Amazon Athena
10 4 (0.71%) Data Warehouse
10 4 (0.71%) Tableau
Development Applications
1 49 (8.73%) JIRA
2 27 (4.81%) Jenkins
3 26 (4.63%) Git
4 5 (0.89%) IBM UrbanCode
5 4 (0.71%) GitLab
5 4 (0.71%) JMeter
5 4 (0.71%) LoadRunner
5 4 (0.71%) TeamCity
6 3 (0.53%) Bitbucket
6 3 (0.53%) Liquibase
6 3 (0.53%) Maven
6 3 (0.53%) Toad
7 2 (0.36%) Android Studio
7 2 (0.36%) JUnit
7 2 (0.36%) Mockito
7 2 (0.36%) Selenium
8 1 (0.18%) Log4j
8 1 (0.18%) Subversion
8 1 (0.18%) Team Foundation Server
8 1 (0.18%) Visual Studio
General
1 320 (57.04%) Finance
2 139 (24.78%) Social Skills
3 66 (11.76%) Analytical Skills
4 35 (6.24%) Investment Banking
5 28 (4.99%) Retail Banking
6 16 (2.85%) Retail
7 15 (2.67%) Organisational Skills
8 13 (2.32%) Corporate Banking
9 10 (1.78%) Influencing Skills
10 9 (1.60%) Billing
10 9 (1.60%) Public Sector
11 7 (1.25%) Marketing
11 7 (1.25%) Presentation Skills
11 7 (1.25%) Wholesale Banking
12 6 (1.07%) Front Office
12 6 (1.07%) Inclusion and Diversity
13 5 (0.89%) Documentation Skills
13 5 (0.89%) French Language
13 5 (0.89%) Pharmaceutical
14 4 (0.71%) Legal
Job Titles
1 103 (18.36%) Architect
2 93 (16.58%) Analyst
3 69 (12.30%) Senior
4 64 (11.41%) Solutions Architect
5 58 (10.34%) Developer
6 42 (7.49%) Network Engineer
7 31 (5.53%) Business Analyst
7 31 (5.53%) Project Manager
8 25 (4.46%) Senior Network Engineer
9 22 (3.92%) Lead
10 20 (3.57%) Consultant
11 19 (3.39%) Cybersecurity Analyst
11 19 (3.39%) Security Analyst
12 18 (3.21%) Java Developer
13 13 (2.32%) Data Analyst
14 12 (2.14%) Blue Coat Engineer
14 12 (2.14%) Cisco Engineer
14 12 (2.14%) Cisco Network Engineer
14 12 (2.14%) Juniper Engineer
15 11 (1.96%) Problem Manager
Libraries, Frameworks & Software Standards
1 31 (5.53%) Kafka
2 22 (3.92%) Spring
3 18 (3.21%) Spring Boot
4 17 (3.03%) Middleware
4 17 (3.03%) SailPoint
5 12 (2.14%) J2EE
5 12 (2.14%) RESTful
6 10 (1.78%) RabbitMQ
6 10 (1.78%) React
6 10 (1.78%) Web Services
7 8 (1.43%) REST
7 8 (1.43%) SOAP
7 8 (1.43%) XML
8 7 (1.25%) IBM Integration Bus
9 6 (1.07%) Apache Camel
9 6 (1.07%) Spring Integration
10 5 (0.89%) .NET
11 4 (0.71%) AngularJS
11 4 (0.71%) IDoc
11 4 (0.71%) React Native
Miscellaneous
1 16 (2.85%) Mainframe
2 14 (2.50%) Data Centre
3 13 (2.32%) Management Information System
3 13 (2.32%) Product Ownership
3 13 (2.32%) Public Cloud
4 12 (2.14%) Onboarding
5 11 (1.96%) Foreign Exchange (FX)
5 11 (1.96%) Legacy Systems
5 11 (1.96%) SWIFT Messaging Network
6 9 (1.60%) Data Protection Act
6 9 (1.60%) Virtual Team
7 8 (1.43%) Credit Risk
7 8 (1.43%) Data Structures
7 8 (1.43%) Derivative
7 8 (1.43%) Mobile App
7 8 (1.43%) Security Posture
8 7 (1.25%) Analytical Mindset
8 7 (1.25%) DataPower
8 7 (1.25%) Enterprise Software
9 6 (1.07%) Cloud Native
Operating Systems
1 29 (5.17%) Windows
2 27 (4.81%) Linux
3 26 (4.63%) Unix
4 12 (2.14%) Android
5 10 (1.78%) zOS
6 7 (1.25%) Apple iOS
6 7 (1.25%) MVS
7 5 (0.89%) Windows Server
8 4 (0.71%) Windows 10
8 4 (0.71%) Windows 7
9 3 (0.53%) Red Hat Enterprise Linux
10 2 (0.36%) VMS
11 1 (0.18%) AIX
11 1 (0.18%) Mac OS X
Processes & Methodologies
1 100 (17.83%) Agile
2 80 (14.26%) Change Management
3 72 (12.83%) Problem-Solving
4 71 (12.66%) Stakeholder Management
5 70 (12.48%) Migration
6 67 (11.94%) DevOps
7 55 (9.80%) Microservices
8 45 (8.02%) Project Management
9 39 (6.95%) Design Patterns
10 37 (6.60%) Roadmaps
11 36 (6.42%) Enterprise Architecture
12 31 (5.53%) Cybersecurity
13 30 (5.35%) B2B
13 30 (5.35%) CI/CD
13 30 (5.35%) Waterfall
14 29 (5.17%) Business Strategy
14 29 (5.17%) Project Delivery
14 29 (5.17%) Risk Management
15 27 (4.81%) SDLC
15 27 (4.81%) Technology Strategy
Programming Languages
1 58 (10.34%) Java
2 49 (8.73%) SQL
3 43 (7.66%) Python
4 9 (1.60%) Shell Script
5 8 (1.43%) PowerShell
6 7 (1.25%) Kotlin
6 7 (1.25%) Kusto Query Language
7 6 (1.07%) C
7 6 (1.07%) JavaScript
7 6 (1.07%) Scala
7 6 (1.07%) Search Processing Language
8 5 (0.89%) Perl
8 5 (0.89%) PL/SQL
9 4 (0.71%) C#
10 3 (0.53%) Bash
10 3 (0.53%) R
10 3 (0.53%) Ruby
11 2 (0.36%) C++
11 2 (0.36%) Groovy
11 2 (0.36%) TypeScript
Qualifications
1 42 (7.49%) Degree
2 27 (4.81%) Cisco Certification
3 17 (3.03%) Computer Science Degree
4 13 (2.32%) Security Cleared
5 7 (1.25%) Master's Degree
6 5 (0.89%) Microsoft Certification
7 3 (0.53%) AWS Certification
7 3 (0.53%) CCSA
7 3 (0.53%) CCSE
7 3 (0.53%) DV Cleared
7 3 (0.53%) ISEB
7 3 (0.53%) SC Cleared
8 2 (0.36%) A+ Certification
8 2 (0.36%) CCNA
8 2 (0.36%) ISEB Practitioner
8 2 (0.36%) ISTQB
8 2 (0.36%) Network+ Certification
8 2 (0.36%) PMI Certification
8 2 (0.36%) PMP
8 2 (0.36%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 28 (4.99%) PMO
2 25 (4.46%) QA
3 6 (1.07%) NIST
4 5 (0.89%) SLA
5 4 (0.71%) GDPR
5 4 (0.71%) ISO/IEC 27001
5 4 (0.71%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 3 (0.53%) Accessibility
6 3 (0.53%) Data Quality
7 2 (0.36%) Disclosure Scotland
7 2 (0.36%) ISO 20022
7 2 (0.36%) PCI DSS
7 2 (0.36%) WCAG
8 1 (0.18%) GRC
8 1 (0.18%) HIPAA
8 1 (0.18%) IFRS
8 1 (0.18%) IFRS 9
8 1 (0.18%) ISO 8583
8 1 (0.18%) PSD2
8 1 (0.18%) SEPA
System Software
1 24 (4.28%) Active Directory
2 20 (3.57%) Docker
3 7 (1.25%) VMware Infrastructure
4 5 (0.89%) Hyper-V
4 5 (0.89%) VMware NSX
4 5 (0.89%) vSphere
5 2 (0.36%) HDFS
5 2 (0.36%) KVM
5 2 (0.36%) Virtual Machines
5 2 (0.36%) VMware ESXi
5 2 (0.36%) VMware Workstation
6 1 (0.18%) Firmware
6 1 (0.18%) Time Sharing Option
6 1 (0.18%) Virtual Desktop
Systems Management
1 18 (3.21%) Kubernetes
2 12 (2.14%) Progress Chef
3 9 (1.60%) Terraform
4 8 (1.43%) Ansible
5 7 (1.25%) Single Sign-On
6 5 (0.89%) Grafana
7 4 (0.71%) NetBackup
7 4 (0.71%) Prometheus
8 3 (0.53%) HP Quality Center
8 3 (0.53%) Thomson Reuters DACS
9 2 (0.36%) Control-M
9 2 (0.36%) Puppet
9 2 (0.36%) SCCM
9 2 (0.36%) vCenter Server
9 2 (0.36%) Zipkin
10 1 (0.18%) Hadoop YARN
10 1 (0.18%) Kibana
10 1 (0.18%) Nessus
10 1 (0.18%) OMEGAMON
10 1 (0.18%) PowerBroker
Vendors
1 70 (12.48%) Microsoft
2 46 (8.20%) Cisco
3 40 (7.13%) CheckPoint
4 29 (5.17%) Oracle
5 25 (4.46%) Arista
6 23 (4.10%) ServiceNow
7 19 (3.39%) Google
8 18 (3.21%) IBM
9 17 (3.03%) CyberArk
9 17 (3.03%) Splunk
10 14 (2.50%) SAP
11 12 (2.14%) Blue Coat
11 12 (2.14%) Fortinet
11 12 (2.14%) Juniper
12 8 (1.43%) F5
12 8 (1.43%) VMware
13 7 (1.25%) MicroStrategy
13 7 (1.25%) TSYS
14 5 (0.89%) Dell
14 5 (0.89%) Salesforce