Digital Banking Contracts with Work from Home Options

Digital Banking
UK > Work from Home

The table below provides summary statistics for remote or hybrid contract work requiring Digital Banking skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Digital Banking over the 6 months leading up to 31 October 2024, comparing them to the same period in the previous two years.

6 months to
31 Oct 2024
Same period 2023 Same period 2022
Rank 315 391 569
Rank change year-on-year +76 +178 -21
Contract jobs citing Digital Banking 7 8 19
As % of all contract jobs with a WFH option 0.058% 0.043% 0.049%
As % of the Processes & Methodologies category 0.066% 0.048% 0.054%
Number of daily rates quoted 1 3 16
10th Percentile - £605 £581
25th Percentile £513 £613 £600
Median daily rate (50th Percentile) £525 £650 £670
Median % change year-on-year -19.23% -2.95% +11.63%
75th Percentile £538 £663 £734
90th Percentile - £670 £744
UK median daily rate £618 £638 £690
% change year-on-year -3.14% -7.54% +14.92%

All Process and Methodology Skills
Work from Home

Digital Banking falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies with remote or hybrid options requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 10,687 16,696 35,240
As % of all contract jobs with a WFH option 88.04% 88.78% 91.21%
Number of daily rates quoted 6,714 11,676 25,347
10th Percentile £325 £350 £363
25th Percentile £413 £425 £450
Median daily rate (50th Percentile) £525 £528 £550
Median % change year-on-year -0.57% -4.00% +10.00%
75th Percentile £638 £650 £650
90th Percentile £748 £743 £750
UK median daily rate £525 £538 £550
% change year-on-year -2.33% -2.27% +7.32%
Number of hourly rates quoted 200 402 535
10th Percentile £17.50 £18.49 £16.07
25th Percentile £23.92 £26.06 £26.25
Median hourly rate £40.00 £52.50 £54.00
Median % change year-on-year -23.81% -2.78% +125.00%
75th Percentile £66.53 £70.00 £67.50
90th Percentile £75.00 £86.50 £77.50
UK median hourly rate £36.00 £43.86 £35.00
% change year-on-year -17.92% +25.31% +66.67%

Digital Banking
Trend for Jobs with a WFH Option

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

Digital Banking trend for jobs with a WFH option

Digital 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 Digital Banking.

Digital Banking daily rate for jobs with a WFH option

Digital 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 1 (14.29%) Confluence
Cloud Services
1 2 (28.57%) AWS
2 1 (14.29%) Cloud Computing
2 1 (14.29%) OCI
Development Applications
1 1 (14.29%) JIRA
1 1 (14.29%) Postman
General
1 7 (100.00%) Banking
2 5 (71.43%) Finance
3 2 (28.57%) Financial Institution
4 1 (14.29%) Organisational Skills
4 1 (14.29%) Social Skills
Job Titles
1 3 (42.86%) Analyst
2 2 (28.57%) Agile Business Analyst
2 2 (28.57%) Banking Analyst
2 2 (28.57%) Banking Business Analyst
2 2 (28.57%) Business Analyst
2 2 (28.57%) Digital Analyst
2 2 (28.57%) Digital Business Analyst
2 2 (28.57%) Lead
3 1 (14.29%) Data Engineer
3 1 (14.29%) Lead Data Engineer
3 1 (14.29%) Principal Data Engineer
3 1 (14.29%) Principal Engineer
3 1 (14.29%) Product Manager
3 1 (14.29%) Security Engineer
3 1 (14.29%) Technical Analyst
3 1 (14.29%) Technical Specialist
Libraries, Frameworks & Software Standards
1 1 (14.29%) Ajax
1 1 (14.29%) CSS
1 1 (14.29%) HTML
1 1 (14.29%) JSON
1 1 (14.29%) REST
1 1 (14.29%) Swagger
1 1 (14.29%) Visualforce
1 1 (14.29%) Web Services
1 1 (14.29%) WSDL
1 1 (14.29%) YAML
Miscellaneous
1 2 (28.57%) Product Ownership
Processes & Methodologies
1 5 (71.43%) Agile
2 3 (42.86%) Scrum
3 2 (28.57%) Acceptance Criteria
3 2 (28.57%) Business Process Improvement
3 2 (28.57%) Change Management
3 2 (28.57%) Process Improvement
3 2 (28.57%) Stakeholder and Relationship Management
3 2 (28.57%) Stakeholder Management
4 1 (14.29%) BDD
4 1 (14.29%) Creative Thinking
4 1 (14.29%) Customer Experience
4 1 (14.29%) Decision-Making
4 1 (14.29%) Objectives and Key Results
4 1 (14.29%) Product Requirements
4 1 (14.29%) Product Roadmap
4 1 (14.29%) Roadmaps
4 1 (14.29%) SDLC
4 1 (14.29%) Sequence Diagram
4 1 (14.29%) Threat Modelling
4 1 (14.29%) User Stories
Programming Languages
1 1 (14.29%) Apex Code
1 1 (14.29%) JavaScript
1 1 (14.29%) Python
Quality Assurance & Compliance
1 1 (14.29%) QA
Vendors
1 1 (14.29%) Oracle
1 1 (14.29%) Salesforce