Banking Contracts in the East of England

Banking
England > East of England

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

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 82 102 127
Rank change year-on-year +20 +25 -18
Contract jobs citing Banking 27 15 20
As % of all contract jobs advertised in the East of England 1.39% 0.77% 0.78%
As % of the General category 2.36% 1.29% 1.32%
Number of daily rates quoted 16 8 18
10th Percentile £438 £408 £213
25th Percentile £500 £425 £375
Median daily rate (50th Percentile) £575 £500 £425
Median % change year-on-year +15.00% +17.65% -15.00%
75th Percentile £651 £550 £464
90th Percentile £675 £694 £479
England median daily rate £625 £650 £650
% change year-on-year -3.85% - +13.04%
Number of hourly rates quoted 2 0 0
10th Percentile £86.20 - -
25th Percentile £86.50 - -
Median hourly rate £87.50 - -
75th Percentile £88.00 - -
90th Percentile - - -
England median hourly rate £19.05 £15.72 £26.00
% change year-on-year +21.18% -39.54% +85.32%

All General Skills
East of England

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 East of England with a requirement for common skills.

Contract vacancies with a requirement for common skills 1,145 1,165 1,520
As % of all contract IT jobs advertised in the East of England 59.05% 59.44% 59.24%
Number of daily rates quoted 413 647 794
10th Percentile £214 £202 £185
25th Percentile £350 £334 £325
Median daily rate (50th Percentile) £453 £500 £475
Median % change year-on-year -9.50% +5.26% +11.76%
75th Percentile £575 £638 £575
90th Percentile £666 £743 £662
England median daily rate £535 £550 £550
% change year-on-year -2.73% - +10.00%
Number of hourly rates quoted 449 238 331
10th Percentile £14.52 £13.41 £12.50
25th Percentile £15.62 £14.25 £13.25
Median hourly rate £38.12 £19.81 £15.24
Median % change year-on-year +92.43% +29.99% +1.60%
75th Percentile £50.00 £60.00 £30.71
90th Percentile £65.00 £65.00 £56.00
England median hourly rate £30.50 £31.92 £21.50
% change year-on-year -4.45% +48.47% +2.14%

Banking
Job Vacancy Trend in the East of England

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

Job vacancy trend for Banking in the East of England

Banking
Contractor Daily Rate Trend in the East of England

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

Daily rate trend for Banking in the East of England

Banking
Daily Rate Histogram in the East of England

Daily rate distribution for jobs citing Banking in the East of England over the 6 months to 2 June 2024.

Daily rate histogram for Banking in the East of England

Banking
Contractor Hourly Rate Trend in the East of England

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

Hourly rate trend for Banking in the East of England

Banking
Contract Job Locations in the East of England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the East of England region over the 6 months to 2 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
Bedfordshire +10 14 £513 +2.50%
Essex +17 11 £618 - 3
Cambridgeshire +1 2 - - 1
Banking
England

Banking
Co-occurring Skills and Capabilities in the East of England 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:

Applications
1 2 (7.41%) Microsoft Excel
1 2 (7.41%) Microsoft Office
1 2 (7.41%) Microsoft Project
Business Applications
1 10 (37.04%) SAP S/4HANA
2 5 (18.52%) SAP CO
2 5 (18.52%) SAP FI
2 5 (18.52%) SAP FI/CO
Cloud Services
1 7 (25.93%) GCP
2 6 (22.22%) Cloud Computing
Database & Business Intelligence
1 1 (3.70%) Metadata
General
1 12 (44.44%) Finance
2 7 (25.93%) Social Skills
3 6 (22.22%) Analytical Skills
3 6 (22.22%) Pharmaceutical
4 3 (11.11%) Organisational Skills
5 2 (7.41%) Documentation Skills
5 2 (7.41%) General Ledger
5 2 (7.41%) Inclusion and Diversity
5 2 (7.41%) Retail Banking
6 1 (3.70%) Automotive
6 1 (3.70%) Financial Institution
6 1 (3.70%) Legal
Job Titles
1 8 (29.63%) Consultant
2 7 (25.93%) Architect
3 6 (22.22%) Solutions Architect
4 5 (18.52%) Analyst
4 5 (18.52%) Senior
5 4 (14.81%) SAP Consultant
6 3 (11.11%) Banking Analyst
6 3 (11.11%) Enterprise Architect
6 3 (11.11%) Senior Analyst
7 2 (7.41%) Banking Project Manager
7 2 (7.41%) Enterprise Solutions Architect
7 2 (7.41%) Functional Consultant
7 2 (7.41%) Migration Manager
7 2 (7.41%) Migration Project Manager
7 2 (7.41%) Project Manager
7 2 (7.41%) Senior Consultant
7 2 (7.41%) Senior Functional Consultant
7 2 (7.41%) Systems Analyst
8 1 (3.70%) Cloud Architect
8 1 (3.70%) Cloud Solutions Architect
Libraries, Frameworks & Software Standards
1 4 (14.81%) IDoc
1 4 (14.81%) XML
Miscellaneous
1 8 (29.63%) Legacy Systems
2 3 (11.11%) Foreign Exchange (FX)
2 3 (11.11%) SWIFT Messaging Network
3 2 (7.41%) Cloud Native
3 2 (7.41%) Life Science
4 1 (3.70%) Data Structures
4 1 (3.70%) Management Information System
4 1 (3.70%) Reference Data
Operating Systems
1 1 (3.70%) zOS
Processes & Methodologies
1 14 (51.85%) Migration
2 8 (29.63%) Agile
2 8 (29.63%) Business Strategy
2 8 (29.63%) Roadmaps
2 8 (29.63%) Technical Leadership
2 8 (29.63%) TOGAF
3 7 (25.93%) Computer Science
3 7 (25.93%) Data Science
3 7 (25.93%) Enterprise Architecture
3 7 (25.93%) Fintech
3 7 (25.93%) Zachman Framework
4 6 (22.22%) DevOps
4 6 (22.22%) Identity Management
4 6 (22.22%) Problem-Solving
4 6 (22.22%) Procure-to-Pay
4 6 (22.22%) Scaled Agile Framework
4 6 (22.22%) Technology Transformation
5 5 (18.52%) Stakeholder Management
6 4 (14.81%) ERP
6 4 (14.81%) Project Management
Programming Languages
1 7 (25.93%) Java
Qualifications
1 9 (33.33%) Degree
2 7 (25.93%) Computer Science Degree
Quality Assurance & Compliance
1 2 (7.41%) PMO
2 1 (3.70%) Data Quality
Vendors
1 11 (40.74%) SAP
2 7 (25.93%) Google
3 4 (14.81%) FIS
4 3 (11.11%) Ariba
5 1 (3.70%) Microsoft