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 6 May 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
6 May 2015
Same period 2014 Same period 2013
Banking
Rank 57 46 23
Rank change year-on-year
-11 -23
Contract jobs citing Banking 2 7 4
As % of all contract IT jobs located in Newcastle upon Tyne 0.37% 1.54% 2.34%
As % of the General category 2.00% 7.78% 11.76%
Number of daily rates quoted 1 4 2
Average daily rate
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£585 £463 £513
Average daily rate % change year-on-year
+26.48% -9.75%
UK excluding London average daily rate £415 £400 £380
% change year-on-year
+3.75% +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £14.25 £14.75
% change year-on-year
-26.73% -3.38%
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
100 90 34
As % of all contract IT jobs located in Newcastle upon Tyne 18.48% 19.74% 19.88%
Number of daily rates quoted 56 66 16
Average daily rate £326 £275 £405
Average daily rate % change year-on-year
+18.63% -32.09%
90% offered a daily rate of more than £268 £168 £300
10% offered a daily rate of more than £525 £415 £550
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 12 0 0
Average hourly rate £11.00 - -
UK excluding London average hourly rate £25.00 £26.00 £26.50
% change year-on-year
-3.84% -1.88%

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
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 21 Related IT Skills in Newcastle upon Tyne

For the 6 months to 6 May 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 1 (50.00%) SQL
1 1 (50.00%) Oracle
1 1 (50.00%) Data Warehouse
1 1 (50.00%) ATM
1 1 (50.00%) RDBMS
1 1 (50.00%) Internet
1 1 (50.00%) Project Management
1 1 (50.00%) Finance
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Retail
1 1 (50.00%) Retail Banking
1 1 (50.00%) Online Banking
1 1 (50.00%) Test Management
1 1 (50.00%) Test Automation
1 1 (50.00%) Stakeholder Engagement
1 1 (50.00%) TSYS
1 1 (50.00%) Process Improvement
1 1 (50.00%) Change Control
1 1 (50.00%) Test Strategy
1 1 (50.00%) Relational Database
1 1 (50.00%) Test Planning

Banking
Top Related IT Skills in Newcastle upon Tyne by Category

For the 6 months to 6 May 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 (50.00%) ATM
1 1 (50.00%) Internet
Database & Business Intelligence
1 1 (50.00%) Data Warehouse
1 1 (50.00%) RDBMS
1 1 (50.00%) Relational Database
General
1 1 (50.00%) Finance
1 1 (50.00%) Retail
1 1 (50.00%) Retail Banking
Job Titles
1 1 (50.00%) Project Manager
1 1 (50.00%) Analyst
1 1 (50.00%) Test Analyst
1 1 (50.00%) Senior Analyst
1 1 (50.00%) Senior Test Analyst
Miscellaneous
1 1 (50.00%) Online Banking
Processes & Methodologies
1 1 (50.00%) Project Management
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Test Management
1 1 (50.00%) Test Automation
1 1 (50.00%) Stakeholder Engagement
1 1 (50.00%) Process Improvement
1 1 (50.00%) Change Control
1 1 (50.00%) Test Strategy
1 1 (50.00%) Test Planning
Programming Languages
1 1 (50.00%) SQL
Vendors
1 1 (50.00%) Oracle
1 1 (50.00%) TSYS