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 August 2014 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 Aug 2014
Same period 2013 Same period 2012
Banking
Rank 58 12 18
Rank change year-on-year
-46 +6
Contract jobs citing Banking 3 33 29
As % of all contract IT jobs located in the North East 0.50% 8.78% 5.74%
As % of the General category 2.94% 28.45% 18.59%
Number of daily rates quoted 1 12 10
Average daily rate
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£300 £425 £438
Average daily rate % change year-on-year
-29.41% -2.85%
UK excluding London average daily rate £400 £396 £380
% change year-on-year
+1.01% +4.21%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.25 £21.25 £19.25
% change year-on-year
-18.82% +10.38%
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
102 116 156
As % of all contract IT jobs located in the North East 17.09% 30.85% 30.89%
Number of daily rates quoted 58 54 63
Average daily rate £375 £375 £375
90% offered a daily rate of more than £271 £253 £246
10% offered a daily rate of more than £469 £700 £598
UK excluding London average daily rate £388 £385 £375
% change year-on-year
+0.64% +2.66%
Number of hourly rates quoted 8 4 13
Average hourly rate £16.25 £13.25 £11.50
Average hourly rate % change year-on-year
+22.64% +15.21%
90% offered a hourly rate of more than £13.00 £10.65 £6.90
10% offered a hourly rate of more than £26.00 £28.45 £22.50
UK excluding London average hourly rate £22.50 £22.50 £29.00
% change year-on-year
- -22.41%

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 August 2014. 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
Tyne and Wear -36 3 £300 -25.00%
Durham - - - - 2
Banking
England

Banking
Top 24 Related IT Skills in the North East

For the 6 months to 29 August 2014, 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 7 (58.33%) Finance
2 4 (33.33%) Stakeholder Management
3 3 (25.00%) TSYS
4 2 (16.67%) Service Delivery
4 2 (16.67%) Telecoms
4 2 (16.67%) Migration
4 2 (16.67%) PRINCE2
4 2 (16.67%) PMP
4 2 (16.67%) PMI Certification
4 2 (16.67%) Project Management
4 2 (16.67%) E-Learning
5 1 (8.33%) Programme Management
5 1 (8.33%) Agile Software Development
5 1 (8.33%) Retail
5 1 (8.33%) Data Analysis
5 1 (8.33%) Business Analysis
5 1 (8.33%) Retail Banking
5 1 (8.33%) APMP
5 1 (8.33%) PRINCE
5 1 (8.33%) Six Sigma
5 1 (8.33%) SLA
5 1 (8.33%) Microsoft
5 1 (8.33%) MS Office
5 1 (8.33%) ITIL

Banking
Top Related IT Skills in the North East by Category

For the 6 months to 29 August 2014, 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.

Applications
1 1 (8.33%) MS Office
General
1 7 (58.33%) Finance
2 2 (16.67%) Telecoms
3 1 (8.33%) Retail
3 1 (8.33%) Retail Banking
Job Titles
1 3 (25.00%) Project Manager
1 3 (25.00%) Programme Manager
1 3 (25.00%) Analyst
2 2 (16.67%) Business Analyst
2 2 (16.67%) Designer
3 1 (8.33%) Data Analyst
3 1 (8.33%) Change Analyst
3 1 (8.33%) Contracts Manager
3 1 (8.33%) PMO Manager
3 1 (8.33%) Business Data Analyst
3 1 (8.33%) PMO Lead
Miscellaneous
1 2 (16.67%) E-Learning
Processes & Methodologies
1 4 (33.33%) Stakeholder Management
2 2 (16.67%) Service Delivery
2 2 (16.67%) Migration
2 2 (16.67%) PRINCE2
2 2 (16.67%) Project Management
3 1 (8.33%) Programme Management
3 1 (8.33%) Agile Software Development
3 1 (8.33%) Data Analysis
3 1 (8.33%) Business Analysis
3 1 (8.33%) PRINCE
3 1 (8.33%) Six Sigma
3 1 (8.33%) ITIL
Qualifications
1 2 (16.67%) PMP
1 2 (16.67%) PMI Certification
2 1 (8.33%) APMP
Quality Assurance & Compliance
1 1 (8.33%) SLA
Vendors
1 3 (25.00%) TSYS
2 1 (8.33%) Microsoft
North East England
Real Staffing
Rate: £350 - £400 per annum + competitive
Posted: 15 days ago