The table below looks at the prevalence of the term Banking in IT contracts advertised for the Newcastle upon Tyne region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 3 July 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
3 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 48 38 13
Rank change year-on-year
-10 -25
Contract jobs citing Banking 12 2 14
As % of all contract IT jobs located in Newcastle upon Tyne 2.08% 0.59% 7.78%
As % of the General category 11.76% 3.57% 26.42%
Number of daily rates quoted 10 2 6
Average daily rate
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£433 £575 £494
Average daily rate % change year-on-year
-24.78% +16.45%
90% offered a daily rate of more than £406 £575 £275
10% offered a daily rate of more than £525 £575 £519
UK excluding London average daily rate £400 £400 £400
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £20.75 £20.75
% change year-on-year
-49.68% -
Banking
Tyne and Wear

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Newcastle upon Tyne region.

General Category
Newcastle upon Tyne
Contract IT job ads with a match in the
General category
102 56 53
As % of all contract IT jobs located in Newcastle upon Tyne 17.71% 16.47% 29.44%
Number of daily rates quoted 68 42 27
Average daily rate £349 £375 £375
Average daily rate % change year-on-year
-7.00% -
90% offered a daily rate of more than £253 £200 £275
10% offered a daily rate of more than £513 £500 £540
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 9 2 0
Average hourly rate £13.00 £34.75 -
Average hourly rate % change year-on-year
-62.58% -
UK excluding London average hourly rate £22.50 £22.75 £23.21
% change year-on-year
-1.09% -1.98%

Banking
Jobs Demand Trend in Newcastle upon Tyne

This chart provides a 3-month moving total of IT contractor jobs citing Banking across the Newcastle upon Tyne region as a proportion of the total demand within the General category.

Banking Jobs Demand Trend in Newcastle upon Tyne

Banking
Daily Rate Trend in Newcastle upon Tyne

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the Newcastle upon Tyne region.

Banking Daily Rate Trend in Newcastle upon Tyne

Banking
Daily Rate Histogram in Newcastle upon Tyne

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Newcastle upon Tyne region over the 3 months to 3 July 2015.

Banking Daily Rate Histogram in Newcastle upon Tyne

Banking
Hourly Rate Trend in Newcastle upon Tyne

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Newcastle upon Tyne region.

Banking Hourly Rate Trend in Newcastle upon Tyne

Banking
Top 30 Related IT Skills in Newcastle upon Tyne

For the 6 months to 3 July 2015, IT contractor jobs across the Newcastle upon Tyne region citing Banking also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Banking.

1 8 (57.14%) Finance
2 7 (50.00%) Stakeholder Management
2 7 (50.00%) Retail
2 7 (50.00%) Retail Banking
3 5 (35.71%) OO
4 4 (28.57%) Project Management
4 4 (28.57%) Business Analysis
5 3 (21.43%) Business Development
5 3 (21.43%) Agile Software Development
5 3 (21.43%) Validation
5 3 (21.43%) Change Management
5 3 (21.43%) GAP Analysis
5 3 (21.43%) UML
5 3 (21.43%) Use Case
5 3 (21.43%) Visualisation
5 3 (21.43%) Rational DOORS
5 3 (21.43%) Waterfall
5 3 (21.43%) User Experience
5 3 (21.43%) Requirements Management
6 2 (14.29%) Statistical Analysis
7 1 (7.14%) Systems Analysis
7 1 (7.14%) Degree
7 1 (7.14%) Online Banking
7 1 (7.14%) Management Information System
7 1 (7.14%) Process Management
7 1 (7.14%) SQL
7 1 (7.14%) Oracle
7 1 (7.14%) PRINCE2
7 1 (7.14%) CRM
7 1 (7.14%) Data Warehouse

Banking
Top Related IT Skills in Newcastle upon Tyne by Category

For the 6 months to 3 July 2015, IT contractor jobs across the Newcastle upon Tyne region citing Banking also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Banking. Up to 20 skills are shown per category.

Communications & Networking
1 1 (7.14%) ATM
1 1 (7.14%) Internet
Database & Business Intelligence
1 1 (7.14%) Data Warehouse
1 1 (7.14%) RDBMS
1 1 (7.14%) Relational Database
Development Applications
1 3 (21.43%) Rational DOORS
General
1 8 (57.14%) Finance
2 7 (50.00%) Retail
2 7 (50.00%) Retail Banking
Job Titles
1 10 (71.43%) Analyst
2 9 (64.29%) Business Analyst
3 4 (28.57%) Project Manager
4 1 (7.14%) Test Analyst
4 1 (7.14%) Senior Analyst
4 1 (7.14%) Senior Test Analyst
4 1 (7.14%) Financial Business Analyst
4 1 (7.14%) IT Business Analyst
4 1 (7.14%) Financial Services Business Analyst
Miscellaneous
1 3 (21.43%) Visualisation
1 3 (21.43%) User Experience
2 1 (7.14%) Analytical Skills
2 1 (7.14%) Cybercrime
2 1 (7.14%) Management Information System
2 1 (7.14%) Online Banking
Processes & Methodologies
1 7 (50.00%) Stakeholder Management
2 5 (35.71%) OO
3 4 (28.57%) Project Management
3 4 (28.57%) Business Analysis
4 3 (21.43%) Agile Software Development
4 3 (21.43%) Requirements Management
4 3 (21.43%) Business Development
4 3 (21.43%) Use Case
4 3 (21.43%) Change Management
4 3 (21.43%) GAP Analysis
4 3 (21.43%) Validation
4 3 (21.43%) UML
4 3 (21.43%) Waterfall
5 2 (14.29%) Statistical Analysis
6 1 (7.14%) Systems Analysis
6 1 (7.14%) Test Management
6 1 (7.14%) Test Automation
6 1 (7.14%) Stakeholder Engagement
6 1 (7.14%) PRINCE2
6 1 (7.14%) CRM
Programming Languages
1 1 (7.14%) SQL
Qualifications
1 1 (7.14%) PRINCE2 Certification
1 1 (7.14%) Degree
Vendors
1 1 (7.14%) Oracle
1 1 (7.14%) HP
1 1 (7.14%) TSYS