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 22 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
22 May 2015
Same period 2014 Same period 2013
Banking
Rank 51 45 22
Rank change year-on-year
-6 -23
Contract jobs citing Banking 6 5 4
As % of all contract IT jobs located in Newcastle upon Tyne 1.10% 1.16% 2.67%
As % of the General category 6.12% 5.81% 13.79%
Number of daily rates quoted 4 2 2
Average daily rate
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£525 £575 £513
Average daily rate % change year-on-year
-8.69% +12.19%
UK excluding London average daily rate £413 £400 £396
% change year-on-year
+3.12% +1.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £14.50 £18.00
% change year-on-year
-28.00% -19.44%
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
98 86 29
As % of all contract IT jobs located in Newcastle upon Tyne 17.92% 20.00% 19.33%
Number of daily rates quoted 54 63 17
Average daily rate £358 £305 £400
Average daily rate % change year-on-year
+17.40% -23.75%
90% offered a daily rate of more than £275 £168 £295
10% offered a daily rate of more than £525 £426 £550
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 15 2 0
Average hourly rate £11.50 £34.75 -
Average hourly rate % change year-on-year
-66.90% -
UK excluding London average hourly rate £25.00 £25.00 £25.00

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 30 Related IT Skills in Newcastle upon Tyne

For the 6 months to 22 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 4 (66.67%) Retail Banking
1 4 (66.67%) Stakeholder Management
1 4 (66.67%) Retail
2 2 (33.33%) Project Management
2 2 (33.33%) Finance
3 1 (16.67%) Change Management
3 1 (16.67%) Management Information System
3 1 (16.67%) Validation
3 1 (16.67%) SQL
3 1 (16.67%) Oracle
3 1 (16.67%) UML
3 1 (16.67%) OO
3 1 (16.67%) Data Warehouse
3 1 (16.67%) ATM
3 1 (16.67%) RDBMS
3 1 (16.67%) Internet
3 1 (16.67%) Six Sigma
3 1 (16.67%) Online Banking
3 1 (16.67%) Business Development
3 1 (16.67%) Degree
3 1 (16.67%) Use Case
3 1 (16.67%) Test Management
3 1 (16.67%) Test Automation
3 1 (16.67%) Visualisation
3 1 (16.67%) Stakeholder Engagement
3 1 (16.67%) TSYS
3 1 (16.67%) Process Improvement
3 1 (16.67%) Change Control
3 1 (16.67%) Test Strategy
3 1 (16.67%) Relational Database

Banking
Top Related IT Skills in Newcastle upon Tyne by Category

For the 6 months to 22 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 (16.67%) ATM
1 1 (16.67%) Internet
Database & Business Intelligence
1 1 (16.67%) Data Warehouse
1 1 (16.67%) RDBMS
1 1 (16.67%) Relational Database
General
1 4 (66.67%) Retail Banking
1 4 (66.67%) Retail
2 2 (33.33%) Finance
Job Titles
1 4 (66.67%) Project Manager
2 2 (33.33%) Analyst
3 1 (16.67%) Test Analyst
3 1 (16.67%) Business Analyst
3 1 (16.67%) Senior Analyst
3 1 (16.67%) Senior Test Analyst
Miscellaneous
1 1 (16.67%) Management Information System
1 1 (16.67%) Online Banking
1 1 (16.67%) Visualisation
1 1 (16.67%) User Experience
Processes & Methodologies
1 4 (66.67%) Stakeholder Management
2 2 (33.33%) Project Management
3 1 (16.67%) Change Management
3 1 (16.67%) Validation
3 1 (16.67%) UML
3 1 (16.67%) OO
3 1 (16.67%) Six Sigma
3 1 (16.67%) Business Development
3 1 (16.67%) Use Case
3 1 (16.67%) Test Management
3 1 (16.67%) Test Automation
3 1 (16.67%) Stakeholder Engagement
3 1 (16.67%) Process Improvement
3 1 (16.67%) Change Control
3 1 (16.67%) Test Strategy
3 1 (16.67%) Test Planning
3 1 (16.67%) Statistical Analysis
3 1 (16.67%) Requirements Management
Programming Languages
1 1 (16.67%) SQL
Qualifications
1 1 (16.67%) Degree
Vendors
1 1 (16.67%) Oracle
1 1 (16.67%) TSYS