The first 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 22 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the North East region.

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 Jul 2014
Same period 2013 Same period 2012
Banking
Rank 51 12 24
Rank change year-on-year
-39 +12
Contract jobs citing Banking 3 26 22
As % of all contract IT jobs located in the North East 0.58% 7.85% 4.38%
As % of the General category 3.00% 24.76% 14.97%
Number of daily rates quoted 1 12 14
Average daily rate
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£450 £450 £425
Average daily rate % change year-on-year
- +5.88%
UK excluding London average daily rate £400 £400 £390
% change year-on-year
- +2.56%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £22.50 £22.50 £22.00
% change year-on-year
- +2.27%
General Category
North East
Contract IT job ads with a match in the
General category
100 105 147
As % of all contract IT jobs located in the North East 19.46% 31.72% 29.28%
Number of daily rates quoted 56 51 75
Average daily rate £398 £350 £413
Average daily rate % change year-on-year
+13.57% -15.15%
90% offered a daily rate of more than £237 £272 £283
10% offered a daily rate of more than £469 £700 £595
UK excluding London average daily rate £380 £388 £375
% change year-on-year
-1.93% +3.33%
Number of hourly rates quoted 8 6 12
Average hourly rate £16.25 £11.00 £13.50
Average hourly rate % change year-on-year
+47.72% -18.51%
90% offered a hourly rate of more than £13.00 £10.25 £8.13
10% offered a hourly rate of more than £34.25 £13.25 £25.30
UK excluding London average hourly rate £22.50 £22.50 £26.50
% change year-on-year
- -15.09%
Banking
England

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 22 July 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 -29 1 - - 4
Durham - - - - 2
Banking
England

Banking
Top 28 Related IT Skills in the North East

For the 6 months to 22 July 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 11 (68.75%) Finance
2 6 (37.50%) Stakeholder Management
3 3 (18.75%) Retail
3 3 (18.75%) Business Analysis
3 3 (18.75%) Retail Banking
3 3 (18.75%) TSYS
4 2 (12.50%) Network Security
4 2 (12.50%) Information Security
4 2 (12.50%) Firewall
4 2 (12.50%) Telecoms
4 2 (12.50%) Service Delivery
4 2 (12.50%) MS Visio
5 1 (6.25%) SLA
5 1 (6.25%) Microsoft
5 1 (6.25%) PMP
5 1 (6.25%) PMI Certification
5 1 (6.25%) PRINCE
5 1 (6.25%) Six Sigma
5 1 (6.25%) Project Management
5 1 (6.25%) Financial Institution
5 1 (6.25%) MS Office
5 1 (6.25%) ITIL
5 1 (6.25%) PRINCE2
5 1 (6.25%) Validation
5 1 (6.25%) Migration
5 1 (6.25%) E-Learning
5 1 (6.25%) Agile Software Development
5 1 (6.25%) Data Analysis

Banking
Top Related IT Skills in the North East by Category

For the 6 months to 22 July 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 2 (12.50%) MS Visio
2 1 (6.25%) MS Office
Communications & Networking
1 2 (12.50%) Network Security
1 2 (12.50%) Firewall
General
1 11 (68.75%) Finance
2 3 (18.75%) Retail
2 3 (18.75%) Retail Banking
3 2 (12.50%) Telecoms
4 1 (6.25%) Financial Institution
Job Titles
1 7 (43.75%) Analyst
2 5 (31.25%) Business Analyst
3 3 (18.75%) Programme Manager
4 2 (12.50%) Project Manager
4 2 (12.50%) Information Security Consultant
4 2 (12.50%) Consultant
4 2 (12.50%) Security Consultant
5 1 (6.25%) Data Analyst
5 1 (6.25%) Change Analyst
5 1 (6.25%) Financial Business Analyst
5 1 (6.25%) Banking Business Analyst
5 1 (6.25%) Financial Services Business Analyst
5 1 (6.25%) PMO Analyst
5 1 (6.25%) PMO Manager
5 1 (6.25%) Business Data Analyst
5 1 (6.25%) Designer
Miscellaneous
1 1 (6.25%) E-Learning
Processes & Methodologies
1 6 (37.50%) Stakeholder Management
2 3 (18.75%) Business Analysis
3 2 (12.50%) Information Security
3 2 (12.50%) Service Delivery
4 1 (6.25%) PRINCE
4 1 (6.25%) Six Sigma
4 1 (6.25%) Project Management
4 1 (6.25%) ITIL
4 1 (6.25%) PRINCE2
4 1 (6.25%) Validation
4 1 (6.25%) Migration
4 1 (6.25%) Agile Software Development
4 1 (6.25%) Data Analysis
Qualifications
1 1 (6.25%) PMP
1 1 (6.25%) PMI Certification
Quality Assurance & Compliance
1 1 (6.25%) SLA
Vendors
1 3 (18.75%) TSYS
2 1 (6.25%) Microsoft