The table below looks at the prevalence of the term Banking in IT contracts advertised for the North East region. Included is a guide to the average contractor rates offered in IT contracts that have cited Banking over the 3 months to 29 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
29 May 2015
Same period 2014 Same period 2013
Banking
Rank 52 49 28
Rank change year-on-year
-3 -21
Contract jobs citing Banking 12 9 11
As % of all contract IT jobs located in the North East 1.55% 1.53% 3.90%
As % of the General category 7.45% 7.32% 15.28%
Number of daily rates quoted 5 5 8
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £450 £469
Average daily rate % change year-on-year
+16.66% -4.00%
90% offered a daily rate of more than £475 £235 £380
10% offered a daily rate of more than £561 £575 £584
UK excluding London average daily rate £413 £400 £400
% change year-on-year
+3.12% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £14.50 £20.75
% change year-on-year
-28.00% -30.12%
Banking
England

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

General Category
North East
Contract IT job ads with a match in the
General category
161 123 72
As % of all contract IT jobs located in the North East 20.77% 20.85% 25.53%
Number of daily rates quoted 95 80 42
Average daily rate £325 £350 £425
Average daily rate % change year-on-year
-7.14% -17.64%
90% offered a daily rate of more than £253 £173 £289
10% offered a daily rate of more than £525 £471 £550
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 16 2 3
Average hourly rate £11.00 £34.75 £11.00
Average hourly rate % change year-on-year
-68.34% +215.90%
UK excluding London average hourly rate £23.00 £25.00 £26.00
% change year-on-year
-8.00% -3.84%

Banking
Jobs Demand Trend in the North East

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

Banking Jobs Demand Trend in the North East

Banking
Daily Rate Trend in the North East

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

Banking Daily Rate Trend in the North East

Banking
Hourly Rate Trend in the North East

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

Banking Hourly Rate Trend in the North East

Banking
Contract Job Locations in the North East

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the North East region over the 3 months to 29 May 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Durham -3 6 £475 +90.00% 2
Tyne and Wear -3 6 £525 -8.69% 4
Banking
England

Banking
Top 30 Related IT Skills in the North East

For the 6 months to 29 May 2015, IT contractor jobs across the North East 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 10 (62.50%) Finance
2 7 (43.75%) Retail Banking
2 7 (43.75%) Retail
3 5 (31.25%) Stakeholder Management
4 3 (18.75%) SC Cleared
4 3 (18.75%) Security Cleared
4 3 (18.75%) Data Centre
4 3 (18.75%) Business Analysis
5 2 (12.50%) Software Testing
5 2 (12.50%) Mobile App
5 2 (12.50%) Project Management
5 2 (12.50%) SQL
6 1 (6.25%) VBA
6 1 (6.25%) .NET
6 1 (6.25%) J2EE
6 1 (6.25%) Oracle
6 1 (6.25%) SOAP
6 1 (6.25%) UML
6 1 (6.25%) OO
6 1 (6.25%) Data Warehouse
6 1 (6.25%) ATM
6 1 (6.25%) RDBMS
6 1 (6.25%) Microsoft
6 1 (6.25%) Internet
6 1 (6.25%) Six Sigma
6 1 (6.25%) Java
6 1 (6.25%) JavaScript
6 1 (6.25%) Change Management
6 1 (6.25%) Management Information System
6 1 (6.25%) MVC

Banking
Top Related IT Skills in the North East by Category

For the 6 months to 29 May 2015, IT contractor jobs across the North East 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 (6.25%) ATM
1 1 (6.25%) Internet
Database & Business Intelligence
1 1 (6.25%) Data Warehouse
1 1 (6.25%) RDBMS
1 1 (6.25%) SQL Server Reporting Services
1 1 (6.25%) Relational Database
1 1 (6.25%) SQL Server Integration Services
1 1 (6.25%) Business Intelligence Development Studio
Development Applications
1 1 (6.25%) JIRA
General
1 10 (62.50%) Finance
2 7 (43.75%) Retail Banking
2 7 (43.75%) Retail
Job Titles
1 5 (31.25%) Analyst
2 4 (25.00%) Architect
2 4 (25.00%) Project Manager
3 3 (18.75%) Business Analyst
3 3 (18.75%) Technical Architect
4 2 (12.50%) Developer
4 2 (12.50%) Test Analyst
5 1 (6.25%) Solutions Architect
5 1 (6.25%) Senior Analyst
5 1 (6.25%) Java Developer
5 1 (6.25%) Senior Test Analyst
5 1 (6.25%) SQL Developer
5 1 (6.25%) Infrastructure Architect
5 1 (6.25%) VBA Developer
5 1 (6.25%) Test Leader
5 1 (6.25%) Technical Infrastructure Architect
Libraries, Frameworks & Software Standards
1 1 (6.25%) .NET
1 1 (6.25%) J2EE
1 1 (6.25%) SOAP
1 1 (6.25%) Spring
1 1 (6.25%) RESTful
1 1 (6.25%) Twitter Bootstrap
1 1 (6.25%) Spring MVC
1 1 (6.25%) jQuery
Miscellaneous
1 3 (18.75%) Data Centre
2 2 (12.50%) Mobile App
3 1 (6.25%) Management Information System
3 1 (6.25%) User Experience
3 1 (6.25%) Visualisation
3 1 (6.25%) Online Banking
3 1 (6.25%) Credit Risk
Processes & Methodologies
1 5 (31.25%) Stakeholder Management
2 3 (18.75%) Business Analysis
3 2 (12.50%) Software Testing
3 2 (12.50%) Project Management
4 1 (6.25%) UML
4 1 (6.25%) OO
4 1 (6.25%) Six Sigma
4 1 (6.25%) Change Management
4 1 (6.25%) MVC
4 1 (6.25%) TOGAF
4 1 (6.25%) Agile Software Development
4 1 (6.25%) SDLC
4 1 (6.25%) Validation
4 1 (6.25%) Test Planning
4 1 (6.25%) Statistical Analysis
4 1 (6.25%) Requirements Management
4 1 (6.25%) Test Automation
4 1 (6.25%) Stakeholder Engagement
4 1 (6.25%) Process Improvement
4 1 (6.25%) Change Control
Programming Languages
1 2 (12.50%) SQL
2 1 (6.25%) VBA
2 1 (6.25%) Java
2 1 (6.25%) JavaScript
Qualifications
1 3 (18.75%) SC Cleared
1 3 (18.75%) Security Cleared
2 1 (6.25%) Degree
Vendors
1 1 (6.25%) Oracle
1 1 (6.25%) Microsoft
1 1 (6.25%) TSYS