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 6 July 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
6 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 54 46 17
Rank change year-on-year
-8 -29
Contract jobs citing Banking 19 4 23
As % of all contract IT jobs located in the North East 2.29% 0.79% 7.01%
As % of the General category 11.52% 3.88% 23.23%
Number of daily rates quoted 14 3 14
Average daily rate
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£433 £575 £456
Average daily rate % change year-on-year
-24.78% +26.02%
90% offered a daily rate of more than £301 £475 £205
10% offered a daily rate of more than £518 £575 £648
UK excluding London average daily rate £400 £398 £400
% change year-on-year
+0.62% -0.62%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £20.75 £20.75
% change year-on-year
-49.68% -
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
165 103 99
As % of all contract IT jobs located in the North East 19.90% 20.44% 30.18%
Number of daily rates quoted 105 62 51
Average daily rate £345 £400 £375
Average daily rate % change year-on-year
-13.64% +6.53%
90% offered a daily rate of more than £255 £200 £275
10% offered a daily rate of more than £500 £500 £700
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 10 7 6
Average hourly rate £13.00 £17.50 £11.00
Average hourly rate % change year-on-year
-25.71% +59.09%
90% offered a hourly rate of more than £10.48 £13.07 £10.25
10% offered a hourly rate of more than £15.35 £34.50 £13.25
UK excluding London average hourly rate £22.50 £22.50 £23.21
% change year-on-year
- -3.05%

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
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 6 July 2015.

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 average contractor rates quoted in IT jobs citing Banking within the North East region over the 3 months to 6 July 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
Tyne and Wear -11 13 £440 -23.47% 5
Durham - 6 £290 -
Banking
England

Banking
Top 30 Related IT Skills in the North East

For the 6 months to 6 July 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 18 (66.67%) Finance
2 12 (44.44%) Retail
3 11 (40.74%) Retail Banking
4 9 (33.33%) Stakeholder Management
5 8 (29.63%) Business Analysis
6 5 (18.52%) OO
7 4 (14.81%) Project Management
7 4 (14.81%) Change Management
7 4 (14.81%) Agile Software Development
8 3 (11.11%) Validation
8 3 (11.11%) GAP Analysis
8 3 (11.11%) Business Development
8 3 (11.11%) Use Case
8 3 (11.11%) SC Cleared
8 3 (11.11%) Security Cleared
8 3 (11.11%) UML
8 3 (11.11%) Visualisation
8 3 (11.11%) Requirements Management
8 3 (11.11%) Waterfall
8 3 (11.11%) Rational DOORS
8 3 (11.11%) User Experience
8 3 (11.11%) Data Centre
9 2 (7.41%) Mobile App
9 2 (7.41%) Relational Database
9 2 (7.41%) SQL
9 2 (7.41%) Oracle
9 2 (7.41%) SQL Server
9 2 (7.41%) Visual Studio
9 2 (7.41%) SharePoint
9 2 (7.41%) Software Testing

Banking
Top Related IT Skills in the North East by Category

For the 6 months to 6 July 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.

Application Platforms
1 2 (7.41%) SharePoint
2 1 (3.70%) SAS
Applications
1 1 (3.70%) MS Excel
1 1 (3.70%) MS PowerPoint
Communications & Networking
1 1 (3.70%) ATM
1 1 (3.70%) Internet
Database & Business Intelligence
1 2 (7.41%) SQL Server
1 2 (7.41%) SQL Server Integration Services
1 2 (7.41%) Relational Database
2 1 (3.70%) SQL Server 2012
2 1 (3.70%) MS Access
2 1 (3.70%) Data Warehouse
2 1 (3.70%) RDBMS
2 1 (3.70%) SQL Server Reporting Services
Development Applications
1 3 (11.11%) Rational DOORS
2 2 (7.41%) Visual Studio
3 1 (3.70%) Toad
3 1 (3.70%) JIRA
General
1 18 (66.67%) Finance
2 12 (44.44%) Retail
3 11 (40.74%) Retail Banking
4 1 (3.70%) Corporate Banking
Job Titles
1 13 (48.15%) Analyst
2 11 (40.74%) Business Analyst
3 4 (14.81%) Architect
3 4 (14.81%) Project Manager
4 3 (11.11%) Technical Architect
4 3 (11.11%) Developer
5 2 (7.41%) Test Analyst
5 2 (7.41%) MI Developer
6 1 (3.70%) Test Leader
6 1 (3.70%) Technical Infrastructure Architect
6 1 (3.70%) Tester
6 1 (3.70%) Solutions Architect
6 1 (3.70%) Senior Analyst
6 1 (3.70%) Java Developer
6 1 (3.70%) Senior Test Analyst
6 1 (3.70%) Infrastructure Architect
6 1 (3.70%) Delivery Manager
6 1 (3.70%) Financial Business Analyst
6 1 (3.70%) IT Business Analyst
6 1 (3.70%) Financial Services Business Analyst
Libraries, Frameworks & Software Standards
1 1 (3.70%) .NET
1 1 (3.70%) J2EE
1 1 (3.70%) ASP.NET
1 1 (3.70%) SOAP
1 1 (3.70%) Spring
1 1 (3.70%) Spring MVC
1 1 (3.70%) RESTful
Miscellaneous
1 3 (11.11%) Visualisation
1 3 (11.11%) User Experience
1 3 (11.11%) Data Centre
2 2 (7.41%) Mobile App
3 1 (3.70%) Management Information System
3 1 (3.70%) Online Banking
3 1 (3.70%) Credit Risk
3 1 (3.70%) Analytical Skills
3 1 (3.70%) Cybercrime
Processes & Methodologies
1 9 (33.33%) Stakeholder Management
2 8 (29.63%) Business Analysis
3 5 (18.52%) OO
4 4 (14.81%) Change Management
4 4 (14.81%) Project Management
4 4 (14.81%) Agile Software Development
5 3 (11.11%) GAP Analysis
5 3 (11.11%) UML
5 3 (11.11%) Validation
5 3 (11.11%) Requirements Management
5 3 (11.11%) Business Development
5 3 (11.11%) Use Case
5 3 (11.11%) Waterfall
6 2 (7.41%) Software Testing
6 2 (7.41%) Statistical Analysis
7 1 (3.70%) Process Improvement
7 1 (3.70%) Change Control
7 1 (3.70%) Test Strategy
7 1 (3.70%) Business Process Mapping
7 1 (3.70%) Test Planning
Programming Languages
1 2 (7.41%) SQL
2 1 (3.70%) VB
2 1 (3.70%) VBA
2 1 (3.70%) C#
2 1 (3.70%) Java
Qualifications
1 3 (11.11%) SC Cleared
1 3 (11.11%) Security Cleared
2 1 (3.70%) PRINCE2 Certification
2 1 (3.70%) Degree
Systems Management
1 1 (3.70%) HP Quality Center
Vendors
1 2 (7.41%) Oracle
2 1 (3.70%) Microsoft
2 1 (3.70%) HP
2 1 (3.70%) TSYS
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Posted: 27 days ago