Canada banking and payments industry registered a 5.8% rise in IT hiring activity in July 2021 compared with the previous month, according to GlobalData’s Job Analytics index.
The industry’s overall hiring increased by 2% in July 2021 compared with June 2021.
Go deeper with GlobalData
Out of the banking and payments industry’s total hiring activity, IT jobs claimed a 13.26% share in July 2021, recording an increase of 1.01% over the last three-month average share.
Top five job classifications in Canada banking and payments industry’s IT recruitment activity in July 2021
Out of the total job titles, the top five roles commanded a 98.82% share in the overall IT recruitment activity of Canada banking and payments industry in July 2021.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData1) Software and Web Developers, Programmers, and Testers recorded a share of 58.4% in July 2021, a 4.86% drop over the previous month.
2) Miscellaneous Computer Occupations claimed an 18.91% share, decline of 11.63% over the previous month.
3) Database and Network Administrators and Architects held a share of 9.08%, registering a 21.93% decline from June 2021.
4) Computer and Information Analysts captured a share of 7.9%, down 19.11% over the previous month.
Top five banking and payments companies in Canada IT recruitment activity in July 2021
The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average decline of 2.18% share in the overall IT recruitment activity of Canada banking and payments industry during July 2021 over June 2021.
Royal Bank of Canada posted 301 IT jobs in July 2021 and registered a drop of 0.33% over the previous month, followed by The Bank of Nova Scotia with 299 jobs and a 9.94% drop. Bank of Montreal with 107 IT jobs and The Travelers Companies with 74 jobs, recorded a flat growth and an 111.43% increase, respectively, while Desjardins Group recorded a 25% decline with 72 job postings during July 2021.
Junior Level job postings dominate in July 2021
Junior Level jobs held a share of 58.58%, down by 7.28% from June 2021. Mid Level positions with a 32.4% share, a decline of 2.62% compared with the previous month.
In the third place was Entry Level job ads with 7.52% share, down 35.64% over June 2021, while Senior postings accounted for 1.49%, recording a month-on-month decline of 22.58%.
