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 contractor rates offered in IT contracts that have cited Banking over the 3 months to 5 May 2016 with a comparison to the same period over 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.

3 months to
5 May 2016
Same period 2015 Same period 2014
Banking
Rank 89 58 47
Rank change year-on-year
-31 -11
Contract jobs citing Banking 10 7 14
As % of all contract IT jobs located in the North East 0.87% 0.91% 2.21%
As % of the General category 4.81% 4.07% 10.61%
Number of daily rates quoted 9 2 8
Median daily rate £225 £493 £400
Median daily rate % change year-on-year
-54.31% +23.12%
90% offered a daily rate of more than £175 £419 £243
10% offered a daily rate of more than £1,000 £567 £575
UK excluding London median daily rate £410 £420 £400
% change year-on-year
-2.38% +5.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £9.82 £10.44 £13.50
% change year-on-year
-5.98% -22.66%
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
208 172 132
As % of all contract IT jobs located in the North East 18.06% 22.31% 20.82%
Number of daily rates quoted 127 99 90
Median daily rate £350 £325 £281
Median daily rate % change year-on-year
+7.69% +15.65%
90% offered a daily rate of more than £210 £245 £187
10% offered a daily rate of more than £540 £500 £450
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 9 14 0
Median hourly rate £28.00 £12.50 -
Median hourly rate % change year-on-year
+124.00% -
UK excluding London median hourly rate £27.19 £25.00 £25.04
% change year-on-year
+8.76% -0.15%

Banking
Jobs Demand Trend in the North East

The demand trend of contract jobs across the North East region citing Banking as a proportion of all IT contracts with a match in 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
Daily Rate Histogram in the North East

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the North East region over the 3 months to 5 May 2016.

Banking Daily Rate Histogram 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 median contractor rates quoted in IT jobs citing Banking within the North East region over the 3 months to 5 May 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Tyne and Wear -28 7 £225 -61.53% 1
Durham -2 1 - -
Banking
England

Banking
Top 30 Related IT Skills in the North East

For the 6 months to 5 May 2016, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the North East region with a requirement for Banking.

1 23 (79.31%) Finance
2 9 (31.03%) MS Excel
3 8 (27.59%) Microsoft
3 8 (27.59%) Retail
3 8 (27.59%) Retail Banking
4 6 (20.69%) WebSphere
4 6 (20.69%) SQL Server Reporting Services
4 6 (20.69%) SQL Server Integration Services
4 6 (20.69%) ISPF
4 6 (20.69%) IBM Mainframe
4 6 (20.69%) Business Intelligence Development Studio
4 6 (20.69%) WinSCP
4 6 (20.69%) Analytical Skills
4 6 (20.69%) Time Sharing Option
4 6 (20.69%) CLIST
4 6 (20.69%) VSAM
4 6 (20.69%) Micro Focus
4 6 (20.69%) Mainframe
4 6 (20.69%) Linux
4 6 (20.69%) Apache
4 6 (20.69%) SSL
4 6 (20.69%) IBM
4 6 (20.69%) CICS
4 6 (20.69%) Assembly Language
4 6 (20.69%) CA
4 6 (20.69%) REXX
4 6 (20.69%) MVS
4 6 (20.69%) Easytrieve
4 6 (20.69%) JCL
4 6 (20.69%) MS Access

Banking
Top Related IT Skills in the North East by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (20.69%) Apache
1 6 (20.69%) CICS
1 6 (20.69%) IIS
1 6 (20.69%) WebSphere
Applications
1 9 (31.03%) MS Excel
2 2 (6.90%) MS Office
3 1 (3.45%) MS PowerPoint
Communications & Networking
1 6 (20.69%) FTP
1 6 (20.69%) SSL
1 6 (20.69%) WinSCP
Database & Business Intelligence
1 6 (20.69%) Business Intelligence Development Studio
1 6 (20.69%) DB2
1 6 (20.69%) Easytrieve
1 6 (20.69%) MS Access
1 6 (20.69%) SQL Server
1 6 (20.69%) SQL Server Integration Services
1 6 (20.69%) SQL Server Reporting Services
Development Applications
1 6 (20.69%) Eclipse
1 6 (20.69%) Visual Studio
General
1 23 (79.31%) Finance
2 8 (27.59%) Retail
2 8 (27.59%) Retail Banking
3 2 (6.90%) Local Government
4 1 (3.45%) Financial Institution
4 1 (3.45%) Marketing
Job Titles
1 11 (37.93%) Analyst
2 9 (31.03%) Business Analyst
3 6 (20.69%) Applications Developer
3 6 (20.69%) Developer
3 6 (20.69%) Microsoft Developer
4 5 (17.24%) Project Manager
5 4 (13.79%) Banking Analyst
6 3 (10.34%) Banking Business Analyst
6 3 (10.34%) KYC Analyst
7 2 (6.90%) Consultant
7 2 (6.90%) Credit Analyst
7 2 (6.90%) Desktop Support
7 2 (6.90%) Finance Business Analyst
7 2 (6.90%) Financial Analyst
7 2 (6.90%) PMO Specialist
7 2 (6.90%) Project Support Specialist
7 2 (6.90%) Senior Applications Developer
7 2 (6.90%) Senior Developer
7 2 (6.90%) Senior Microsoft Developer
7 2 (6.90%) Support Specialist
Libraries, Frameworks & Software Standards
1 6 (20.69%) .NET
1 6 (20.69%) ASP.NET
1 6 (20.69%) ISPF
Miscellaneous
1 6 (20.69%) Analytical Skills
1 6 (20.69%) IBM Mainframe
1 6 (20.69%) Mainframe
1 6 (20.69%) VSAM
2 1 (3.45%) Mobile App
2 1 (3.45%) User Experience
2 1 (3.45%) Visualisation
Operating Systems
1 6 (20.69%) Linux
1 6 (20.69%) MVS
2 2 (6.90%) Windows
Processes & Methodologies
1 4 (13.79%) KYC
1 4 (13.79%) Stakeholder Management
2 3 (10.34%) Agile Software Development
2 3 (10.34%) Change Management
3 2 (6.90%) ITIL
3 2 (6.90%) Software Deployment
4 1 (3.45%) Anti-Money Laundering
4 1 (3.45%) B2B
4 1 (3.45%) Business Analysis
4 1 (3.45%) Business Development
4 1 (3.45%) OCR
4 1 (3.45%) PRINCE2
4 1 (3.45%) Process Improvement
4 1 (3.45%) Project Management
4 1 (3.45%) Requirements Management
4 1 (3.45%) Six Sigma
4 1 (3.45%) Time Management
4 1 (3.45%) Translating Business Requirements
Programming Languages
1 6 (20.69%) Assembly Language
1 6 (20.69%) C#
1 6 (20.69%) C++
1 6 (20.69%) CLIST
1 6 (20.69%) COBOL
1 6 (20.69%) Java
1 6 (20.69%) JavaScript
1 6 (20.69%) JCL
1 6 (20.69%) Perl
1 6 (20.69%) REXX
1 6 (20.69%) VBA
Qualifications
1 2 (6.90%) Security Cleared
2 1 (3.45%) SC Cleared
System Software
1 6 (20.69%) Time Sharing Option
Systems Management
1 2 (6.90%) SCCM
Vendors
1 8 (27.59%) Microsoft
2 6 (20.69%) CA
2 6 (20.69%) IBM
2 6 (20.69%) Micro Focus
3 2 (6.90%) HP
3 2 (6.90%) Symantec