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 19 September 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
19 Sep 2014
Same period 2013 Same period 2012
Banking
Rank 64 14 20
Rank change year-on-year
-50 +6
Contract jobs citing Banking 6 26 29
As % of all contract IT jobs located in the North East 0.86% 7.37% 6.29%
As % of the General category 5.61% 26.26% 21.64%
Number of daily rates quoted 3 9 9
Average daily rate
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£300 £450 £450
Average daily rate % change year-on-year
-33.33% -
90% offered a daily rate of more than £160 £151 £368
10% offered a daily rate of more than £460 £560 £650
UK excluding London average daily rate £413 £400 £380
% change year-on-year
+3.25% +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £14.00 £17.50 £19.00
% change year-on-year
-20.00% -7.89%
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
107 99 134
As % of all contract IT jobs located in the North East 15.40% 28.05% 29.07%
Number of daily rates quoted 60 43 56
Average daily rate £350 £400 £368
Average daily rate % change year-on-year
-12.50% +8.84%
90% offered a daily rate of more than £252 £238 £225
10% offered a daily rate of more than £450 £600 £583
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 6 4 10
Average hourly rate £16.88 £10.75 £11.25
Average hourly rate % change year-on-year
+56.97% -4.44%
90% offered a hourly rate of more than £13.00 £7.53 £6.90
10% offered a hourly rate of more than £30.00 £27.10 £15.88
UK excluding London average hourly rate £23.00 £20.50 £28.50
% change year-on-year
+12.19% -28.07%

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 19 September 2014.

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 19 September 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 -42 6 £300 -40.00% 1
Durham - - - - 2
Banking
England

Banking
Top 30 Related IT Skills in the North East

For the 6 months to 19 September 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 4 (33.33%) Finance
2 3 (25.00%) TSYS
3 2 (16.67%) Telecoms
3 2 (16.67%) Marketing
3 2 (16.67%) Migration
3 2 (16.67%) Stakeholder Management
3 2 (16.67%) Service Delivery
3 2 (16.67%) E-Learning
4 1 (8.33%) Programme Management
4 1 (8.33%) Agile Software Development
4 1 (8.33%) TDD
4 1 (8.33%) Retail
4 1 (8.33%) Multimedia
4 1 (8.33%) Document Management
4 1 (8.33%) Spring
4 1 (8.33%) Retail Banking
4 1 (8.33%) MVC
4 1 (8.33%) HTML
4 1 (8.33%) Java
4 1 (8.33%) JavaScript
4 1 (8.33%) SQL
4 1 (8.33%) J2EE
4 1 (8.33%) Oracle
4 1 (8.33%) JUnit
4 1 (8.33%) CSS
4 1 (8.33%) SOAP
4 1 (8.33%) Web Services
4 1 (8.33%) PRINCE2
4 1 (8.33%) Windows
4 1 (8.33%) SharePoint

Banking
Top Related IT Skills in the North East by Category

For the 6 months to 19 September 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.

Application Platforms
1 1 (8.33%) SharePoint
Communications & Networking
1 1 (8.33%) VoIP
Database & Business Intelligence
1 1 (8.33%) RDBMS
1 1 (8.33%) Relational Database
Development Applications
1 1 (8.33%) JUnit
General
1 4 (33.33%) Finance
2 2 (16.67%) Telecoms
2 2 (16.67%) Marketing
3 1 (8.33%) Retail
3 1 (8.33%) Multimedia
3 1 (8.33%) Retail Banking
3 1 (8.33%) Publishing
Job Titles
1 4 (33.33%) Project Manager
2 2 (16.67%) Designer
2 2 (16.67%) Programme Manager
3 1 (8.33%) Senior Project Manager
3 1 (8.33%) Java Developer
3 1 (8.33%) Contracts Manager
3 1 (8.33%) Senior Java Developer
3 1 (8.33%) Developer
3 1 (8.33%) Analyst
3 1 (8.33%) Senior Manager
3 1 (8.33%) Senior Developer
3 1 (8.33%) 1st Line Support
3 1 (8.33%) Business Analyst
3 1 (8.33%) Java/J2EE Developer
3 1 (8.33%) PMO Manager
3 1 (8.33%) PMO Lead
Libraries, Frameworks & Software Standards
1 1 (8.33%) Spring
1 1 (8.33%) HTML
1 1 (8.33%) J2EE
1 1 (8.33%) CSS
1 1 (8.33%) SOAP
1 1 (8.33%) Web Services
1 1 (8.33%) Hibernate
Miscellaneous
1 2 (16.67%) E-Learning
2 1 (8.33%) User Experience
Operating Systems
1 1 (8.33%) Windows
Processes & Methodologies
1 2 (16.67%) Migration
1 2 (16.67%) Stakeholder Management
1 2 (16.67%) Service Delivery
2 1 (8.33%) Programme Management
2 1 (8.33%) Agile Software Development
2 1 (8.33%) TDD
2 1 (8.33%) Document Management
2 1 (8.33%) MVC
2 1 (8.33%) PRINCE2
2 1 (8.33%) SOA
2 1 (8.33%) Project Management
2 1 (8.33%) Scrum
2 1 (8.33%) BDD
Programming Languages
1 1 (8.33%) Java
1 1 (8.33%) JavaScript
1 1 (8.33%) SQL
Qualifications
1 1 (8.33%) PMP
1 1 (8.33%) PMI Certification
1 1 (8.33%) APMP
Quality Assurance & Compliance
1 1 (8.33%) SLA
Vendors
1 3 (25.00%) TSYS
2 1 (8.33%) Oracle
2 1 (8.33%) Citrix