Retail Banking Contracts in the UK excluding London

Retail Banking
UK > UK excluding London

The table below looks at the prevalence of the term Retail Banking in contract job vacancies advertised in the UK excluding London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Retail Banking over the 6 months to 20 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 364 399 385
Rank change year-on-year +35 -14 -23
Contract jobs citing Retail Banking 30 47 116
As % of all contract jobs advertised in the UK excluding London 0.15% 0.20% 0.38%
As % of the General category 0.27% 0.36% 0.68%
Number of daily rates quoted 12 34 67
10th Percentile £349 £415 £210
25th Percentile £519 £459 £386
Median daily rate (50th Percentile) £575 £500 £489
Median % change year-on-year +15.00% +2.25% +15.06%
75th Percentile £600 £588 £555
90th Percentile £690 £619 £638
UK median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +13.86%

All General Skills
UK excluding London

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 advertised in the UK excluding London with a requirement for common skills.

Contract vacancies with a requirement for common skills 11,029 13,079 17,142
As % of all contract IT jobs advertised in the UK excluding London 54.42% 56.54% 55.81%
Number of daily rates quoted 6,303 8,902 11,804
10th Percentile £208 £230 £213
25th Percentile £363 £400 £375
Median daily rate (50th Percentile) £495 £500 £475
Median % change year-on-year -1.00% +5.26% +8.57%
75th Percentile £596 £600 £575
90th Percentile £688 £694 £650
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 1,647 751 1,045
10th Percentile £12.50 £13.41 £12.50
25th Percentile £15.00 £15.74 £14.00
Median hourly rate £28.25 £29.00 £19.00
Median % change year-on-year -2.59% +52.63% -3.52%
75th Percentile £53.75 £60.66 £37.00
90th Percentile £67.15 £70.00 £55.84
UK median hourly rate £30.00 £32.50 £22.50
% change year-on-year -7.69% +44.44% -

Retail Banking
Job Vacancy Trend in the UK excluding London

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

Job vacancy trend for Retail Banking in the UK excluding London

Retail Banking
Contractor Daily Rate Trend in the UK excluding London

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

Daily rate trend for Retail Banking in the UK excluding London

Retail Banking
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Retail Banking in the UK excluding London over the 6 months to 20 May 2024.

Daily rate histogram for Retail Banking in the UK excluding London

Retail Banking
Contractor Hourly Rate Trend in the UK excluding London

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

Hourly rate trend for Retail Banking in the UK excluding London

Retail 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 Retail Banking within the UK excluding London region over the 6 months to 20 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
Scotland +21 15 £575 +15.58% 11
North of England +33 8 £600 +20.00% 2
North West +20 7 £600 - 2
South West +10 3 - - 1
South East +21 2 £446 -8.62% 7
East of England - 2 £575 -
Yorkshire +18 1 £700 +40.00%
Retail Banking
UK

Retail 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 1 (3.33%) Confluence
1 1 (3.33%) SharePoint
Applications
1 1 (3.33%) MS Visio
Cloud Services
1 1 (3.33%) Figma
1 1 (3.33%) GCP
1 1 (3.33%) Microsoft 365
Communications & Networking
1 2 (6.67%) Firewall
Database & Business Intelligence
1 3 (10.00%) Metadata
Development Applications
1 2 (6.67%) JIRA
General
1 19 (63.33%) Banking
2 17 (56.67%) Finance
3 6 (20.00%) Social Skills
4 5 (16.67%) Analytical Skills
5 3 (10.00%) Corporate Banking
5 3 (10.00%) Retail
6 2 (6.67%) Investment Banking
7 1 (3.33%) French Language
7 1 (3.33%) Marketing
7 1 (3.33%) Presentation Skills
Job Titles
1 10 (33.33%) Analyst
2 7 (23.33%) Project Manager
3 6 (20.00%) Architect
4 4 (13.33%) Data Analyst
5 3 (10.00%) Business Analyst
5 3 (10.00%) Business Architect
5 3 (10.00%) Data Quality Analyst
5 3 (10.00%) Quality Analyst
6 2 (6.67%) Banking Project Manager
6 2 (6.67%) Change Analyst
6 2 (6.67%) Lead
6 2 (6.67%) Migration Manager
6 2 (6.67%) Migration Project Manager
6 2 (6.67%) Solutions Architect
7 1 (3.33%) Data Business Analyst
7 1 (3.33%) Data Migration Business Analyst
7 1 (3.33%) IT Analyst
7 1 (3.33%) Migration Analyst
7 1 (3.33%) Senior
7 1 (3.33%) Technical Programme Manager
Libraries, Frameworks & Software Standards
1 1 (3.33%) COM+
1 1 (3.33%) Spring
Miscellaneous
1 3 (10.00%) Mobile App
1 3 (10.00%) Product Ownership
2 2 (6.67%) Cloud Native
3 1 (3.33%) Credit Risk
3 1 (3.33%) Data Centre
3 1 (3.33%) Operational Technology
Operating Systems
1 1 (3.33%) Android
1 1 (3.33%) Apple iOS
1 1 (3.33%) Windows
1 1 (3.33%) Windows 10
Processes & Methodologies
1 10 (33.33%) Agile
2 9 (30.00%) Continuous Improvement
3 7 (23.33%) Project Management
4 5 (16.67%) Decision-Making
5 4 (13.33%) Business Analysis
5 4 (13.33%) Migration
5 4 (13.33%) Problem-Solving
5 4 (13.33%) Quality Management
5 4 (13.33%) Stakeholder Management
6 3 (10.00%) Coaching
6 3 (10.00%) Collaborative Working
6 3 (10.00%) Data Management
6 3 (10.00%) User Stories
6 3 (10.00%) Wealth Management
7 2 (6.67%) Architectural Patterns
7 2 (6.67%) Business Strategy
7 2 (6.67%) Customer Experience
7 2 (6.67%) Impact Assessments
7 2 (6.67%) Microservices
7 2 (6.67%) Stakeholder Engagement
Programming Languages
1 1 (3.33%) SQL
Qualifications
1 1 (3.33%) CISA
1 1 (3.33%) CISSP
1 1 (3.33%) Degree
Quality Assurance & Compliance
1 3 (10.00%) Data Quality
2 2 (6.67%) PMO
3 1 (3.33%) Accessibility
System Software
1 1 (3.33%) Virtual Desktop
Vendors
1 2 (6.67%) CheckPoint
2 1 (3.33%) Citrix
2 1 (3.33%) Google
2 1 (3.33%) Microsoft