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 December 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 Dec 2016
Same period 2015 Same period 2014
Banking
Rank 96 40 55
Rank change year-on-year
-56 +15
Contract jobs citing Banking 16 38 23
As % of all contract IT jobs located in the North East 1.16% 3.96% 2.62%
As % of the General category 8.00% 14.18% 14.11%
Number of daily rates quoted 11 25 20
Median daily rate £263 £450 £363
Median daily rate % change year-on-year
-41.66% +24.13%
90% offered a daily rate of more than £103 £300 £293
10% offered a daily rate of more than £468 £615 £451
UK excluding London median daily rate £415 £425 £413
% change year-on-year
-2.35% +2.90%
Number of hourly rates quoted 0 1 0
Median hourly rate - £18.00 -
UK excluding London median hourly rate £32.00 £17.25 £10.00
% change year-on-year
+85.50% +72.50%
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
200 268 163
As % of all contract IT jobs located in the North East 14.50% 27.92% 18.54%
Number of daily rates quoted 146 158 117
Median daily rate £409 £425 £375
Median daily rate % change year-on-year
-3.76% +13.33%
90% offered a daily rate of more than £275 £264 £250
10% offered a daily rate of more than £558 £590 £496
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 1 15 0
Median hourly rate £33.72 £45.50 -
Median hourly rate % change year-on-year
-25.89% -
UK excluding London median hourly rate £24.50 £28.69 £24.50
% change year-on-year
-14.60% +17.10%

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 December 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 December 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 -52 14 £265 -41.11% 2
Durham +3 2 £104 -66.26%
Banking
England

Banking
Top 30 Related IT Skills in the North East

For the 6 months to 5 December 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 19 (45.24%) Linux
2 18 (42.86%) Analytical Skills
3 16 (38.10%) Finance
4 12 (28.57%) Integration Testing
4 12 (28.57%) Operational Acceptance Testing
5 11 (26.19%) OAuth2
5 11 (26.19%) OAuth
5 11 (26.19%) OpenID
5 11 (26.19%) Java
5 11 (26.19%) LDAP
6 9 (21.43%) TIBCO
6 9 (21.43%) WebLogic
6 9 (21.43%) Red Hat Enterprise Linux
6 9 (21.43%) Spring
7 7 (16.67%) Degree
7 7 (16.67%) Security Cleared
8 6 (14.29%) SC Cleared
9 5 (11.90%) Project Management
10 4 (9.52%) PRINCE2
10 4 (9.52%) Stakeholder Management
10 4 (9.52%) Anti-Money Laundering
11 3 (7.14%) KYC
11 3 (7.14%) Shell Script
11 3 (7.14%) Oracle
11 3 (7.14%) Windows
11 3 (7.14%) PL/SQL
11 3 (7.14%) SQL
11 3 (7.14%) HP
11 3 (7.14%) Oracle Forms
11 3 (7.14%) Oracle Reports

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 9 (21.43%) WebLogic
2 2 (4.76%) SAS
3 1 (2.38%) WebSphere
Applications
1 2 (4.76%) MS Excel
1 2 (4.76%) MS PowerPoint
Cloud Services
1 1 (2.38%) IaaS
1 1 (2.38%) PaaS
1 1 (2.38%) SaaS
Communications & Networking
1 11 (26.19%) LDAP
2 2 (4.76%) ATM
Database & Business Intelligence
1 3 (7.14%) Oracle Reports
2 2 (4.76%) Base SAS
3 1 (2.38%) Big Data
3 1 (2.38%) SAS EBI
3 1 (2.38%) SAS Enterprise Guide
Development Applications
1 3 (7.14%) Oracle Forms
2 1 (2.38%) JMeter
2 1 (2.38%) LoadRunner
2 1 (2.38%) StarTeam
General
1 16 (38.10%) Finance
2 2 (4.76%) Retail
2 2 (4.76%) Retail Banking
2 2 (4.76%) Telecoms
3 1 (2.38%) Financial Institution
3 1 (2.38%) International Banking
3 1 (2.38%) Marketing
Job Titles
1 11 (26.19%) Consultant
2 8 (19.05%) Analyst
2 8 (19.05%) Developer
3 3 (7.14%) Oracle Developer
3 3 (7.14%) Project Manager
3 3 (7.14%) Senior Manager
3 3 (7.14%) Senior Project Manager
3 3 (7.14%) Technical Consultant
4 2 (4.76%) .NET Developer
4 2 (4.76%) AML Business Analyst
4 2 (4.76%) ATM Engineer
4 2 (4.76%) Business Analyst
4 2 (4.76%) KYC Analyst
4 2 (4.76%) Lead Project Manager
4 2 (4.76%) Project Leader
4 2 (4.76%) Senior Project Leader
4 2 (4.76%) Test Analyst
5 1 (2.38%) Finance Business Analyst
5 1 (2.38%) Monitoring Analyst
5 1 (2.38%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 11 (26.19%) OAuth
1 11 (26.19%) OAuth2
1 11 (26.19%) OpenID
2 9 (21.43%) Spring
3 2 (4.76%) .NET
3 2 (4.76%) .NET Framework
3 2 (4.76%) ASP.NET
3 2 (4.76%) ASP.NET MVC
3 2 (4.76%) ASP.NET Web API
3 2 (4.76%) CSS
3 2 (4.76%) Entity Framework
3 2 (4.76%) Web Services
3 2 (4.76%) XML
Miscellaneous
1 18 (42.86%) Analytical Skills
2 1 (2.38%) CMDB
2 1 (2.38%) Credit Risk
2 1 (2.38%) Data Structures
2 1 (2.38%) Economics
2 1 (2.38%) Hedge funds
2 1 (2.38%) Management Information System
2 1 (2.38%) Mathematics
2 1 (2.38%) Virtual Team
Operating Systems
1 19 (45.24%) Linux
2 9 (21.43%) Red Hat Enterprise Linux
3 3 (7.14%) Windows
4 1 (2.38%) AIX
4 1 (2.38%) Unix
4 1 (2.38%) Windows 2000
4 1 (2.38%) Windows XP
Processes & Methodologies
1 12 (28.57%) Integration Testing
1 12 (28.57%) Operational Acceptance Testing
2 5 (11.90%) Project Management
3 4 (9.52%) Anti-Money Laundering
3 4 (9.52%) PRINCE2
3 4 (9.52%) Stakeholder Management
4 3 (7.14%) KYC
5 2 (4.76%) Agile Software Development
5 2 (4.76%) Analytics
5 2 (4.76%) Business Intelligence
5 2 (4.76%) Change Management
5 2 (4.76%) Data Management
5 2 (4.76%) ITIL
5 2 (4.76%) Knowledge Management
5 2 (4.76%) MVC
5 2 (4.76%) Problem Management
5 2 (4.76%) Process Improvement
6 1 (2.38%) Business Analysis
6 1 (2.38%) Risk Analysis
6 1 (2.38%) Volume Testing
Programming Languages
1 11 (26.19%) Java
2 3 (7.14%) PL/SQL
2 3 (7.14%) Shell Script
2 3 (7.14%) SQL
3 2 (4.76%) C#
3 2 (4.76%) JavaScript
Qualifications
1 7 (16.67%) Degree
1 7 (16.67%) Security Cleared
2 6 (14.29%) SC Cleared
Quality Assurance & Compliance
1 1 (2.38%) Data Quality
1 1 (2.38%) MiFID
Systems Management
1 2 (4.76%) Cisco IPCC
1 2 (4.76%) HP Quality Center
Vendors
1 9 (21.43%) TIBCO
2 3 (7.14%) HP
2 3 (7.14%) Oracle
3 1 (2.38%) Borland
3 1 (2.38%) Microsoft
3 1 (2.38%) ServiceNow
Washington, Tyne and Wear
Infotel UK Consulting
Posted: 17 days ago