Banking
UK
The table below looks at the prevalence of the term Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 28 April 2024 with a comparison to the same period over the previous 2 years.
6 months to 28 Apr 2024 |
Same period 2023 | Same period 2022 | |
---|---|---|---|
Rank | 25 | 24 | 27 |
Rank change year-on-year | -1 | +3 | -4 |
Contract jobs citing Banking | 2,647 | 4,527 | 6,394 |
As % of all contract jobs advertised in the UK | 6.11% | 7.58% | 7.20% |
As % of the General category | 10.49% | 12.97% | 12.85% |
Number of daily rates quoted | 1,795 | 3,131 | 4,275 |
10th Percentile | £383 | £450 | £425 |
25th Percentile | £500 | £525 | £513 |
Median daily rate (50th Percentile) | £618 | £650 | £625 |
Median % change year-on-year | -5.00% | +4.00% | +13.64% |
75th Percentile | £750 | £788 | £738 |
90th Percentile | £850 | £880 | £813 |
UK excluding London median daily rate | £519 | £550 | £500 |
% change year-on-year | -5.68% | +10.00% | +17.65% |
Number of hourly rates quoted | 25 | 8 | 24 |
10th Percentile | £12.12 | £12.66 | £12.50 |
25th Percentile | £12.84 | £19.41 | £17.13 |
Median hourly rate | £19.50 | £21.00 | £25.71 |
Median % change year-on-year | -7.14% | -18.30% | +62.07% |
75th Percentile | £30.00 | £47.95 | £44.63 |
90th Percentile | £79.30 | £67.22 | £73.00 |
UK excluding London median hourly rate | £18.27 | £64.38 | £16.00 |
% change year-on-year | -71.62% | +302.34% | +14.04% |
All General Skills
UK
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 requirement for common skills.
Contract vacancies with a requirement for common skills | 25,224 | 34,906 | 49,765 |
As % of all contract IT jobs advertised in the UK | 58.24% | 58.47% | 56.05% |
Number of daily rates quoted | 15,923 | 24,205 | 34,471 |
10th Percentile | £270 | £313 | £319 |
25th Percentile | £413 | £440 | £425 |
Median daily rate (50th Percentile) | £525 | £550 | £533 |
Median % change year-on-year | -4.55% | +3.29% | +7.58% |
75th Percentile | £650 | £675 | £650 |
90th Percentile | £763 | £775 | £750 |
UK excluding London median daily rate | £496 | £500 | £475 |
% change year-on-year | -0.80% | +5.26% | +11.76% |
Number of hourly rates quoted | 1,931 | 1,062 | 1,439 |
10th Percentile | £12.78 | £13.42 | £12.50 |
25th Percentile | £15.50 | £18.09 | £14.85 |
Median hourly rate | £30.00 | £35.00 | £21.50 |
Median % change year-on-year | -14.29% | +62.79% | -4.44% |
75th Percentile | £51.83 | £61.25 | £46.21 |
90th Percentile | £65.00 | £72.50 | £58.75 |
UK excluding London median hourly rate | £27.84 | £30.54 | £18.50 |
% change year-on-year | -8.86% | +65.08% | -7.50% |
Banking
Job Vacancy Trend
Job postings citing Banking as a proportion of all IT jobs advertised.
Banking
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Banking.
Banking
Daily Rate Histogram
Daily rate distribution for jobs citing Banking over the 6 months to 28 April 2024.
Banking
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Banking.
Banking
Hourly Rate Histogram
Hourly rate distribution of jobs citing Banking over the 6 months to 28 April 2024.
Banking
Top 17 Contract Locations
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 over the 6 months to 28 April 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 |
---|---|---|---|---|---|
England | -4 | 2,250 | £625 | -3.85% | 785 |
London | -3 | 1,854 | £650 | -3.70% | 590 |
Work from Home | -2 | 1,167 | £625 | -3.85% | 290 |
UK excluding London | -2 | 487 | £519 | -5.68% | 242 |
North of England | +2 | 175 | £500 | -9.09% | 64 |
Scotland | -4 | 133 | £575 | +12.20% | 48 |
North West | +16 | 95 | £500 | -2.91% | 42 |
South East | +24 | 83 | £513 | -14.58% | 41 |
Yorkshire | -10 | 75 | £444 | -19.32% | 19 |
Midlands | -9 | 42 | £484 | -12.05% | 36 |
South West | -2 | 26 | £630 | +9.57% | 27 |
East Midlands | +36 | 24 | £450 | +9.09% | 13 |
East of England | +22 | 21 | £588 | +30.56% | 15 |
West Midlands | -4 | 17 | £525 | -4.55% | 23 |
Northern Ireland | -6 | 10 | £469 | +10.29% | 5 |
North East | +18 | 5 | £500 | -30.56% | 3 |
Isle of Man | - | 3 | - | - |
Banking
Co-occurring Skills and Capabilities 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:
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|