The table below looks at the prevalence of the term Retail 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 Retail Banking over the 3 months to 12 February 2016 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
12 Feb 2016
Same period 2015 Same period 2014
Retail Banking
Rank 70 58 55
Rank change year-on-year
-12 -3
Contract jobs citing Retail Banking 7 1 1
As % of all contract IT jobs located in the North East 0.76% 0.16% 0.22%
As % of the General category 3.20% 0.70% 0.99%
Number of daily rates quoted 6 0 0
Average daily rate £513 - -
UK excluding London average daily rate £450 £440 £400
% change year-on-year
+2.27% +10.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Retail 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
219 142 101
As % of all contract IT jobs located in the North East 23.75% 22.83% 22.25%
Number of daily rates quoted 140 96 58
Average daily rate £375 £375 £250
Average daily rate % change year-on-year
- +50.00%
90% offered a daily rate of more than £270 £250 £193
10% offered a daily rate of more than £550 £453 £401
UK excluding London average daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 6 4 5
Average hourly rate £22.50 £35.00 £12.00
Average hourly rate % change year-on-year
-35.71% +191.66%
90% offered a hourly rate of more than £11.00 £18.55 £10.58
10% offered a hourly rate of more than £45.50 £38.85 £28.00
UK excluding London average hourly rate £33.66 £25.50 £23.00
% change year-on-year
+31.98% +10.86%

Retail Banking
Jobs Demand Trend in the North East

This chart provides a 3-month moving total of IT contractor jobs citing Retail Banking across the North East region as a proportion of the total demand within the General category.

Retail Banking Jobs Demand Trend in the North East

Retail 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 Retail Banking across the North East region.

Retail Banking Daily Rate Trend in the North East

Retail 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 Retail Banking within the North East region over the 3 months to 12 February 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
(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 - 2 £450 -
Durham - 1 - -
Retail Banking
England

Retail Banking
Top 26 Related IT Skills in the North East

For the 6 months to 12 February 2016, IT contractor jobs across the North East region citing Retail 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 Retail Banking.

1 18 (100.00%) Banking
1 18 (100.00%) Retail
2 10 (55.56%) Finance
3 9 (50.00%) Agile Software Development
4 5 (27.78%) Scrum
5 4 (22.22%) Kanban
6 3 (16.67%) PRINCE2
7 2 (11.11%) Project Management
7 2 (11.11%) Business Analysis
8 1 (5.56%) OCR
8 1 (5.56%) Stakeholder Engagement
8 1 (5.56%) Waterfall
8 1 (5.56%) COREP
8 1 (5.56%) FINREP
8 1 (5.56%) Time Management
8 1 (5.56%) Data Analysis
8 1 (5.56%) Systems Analysis
8 1 (5.56%) Stakeholder Management
8 1 (5.56%) Oracle
8 1 (5.56%) Data Warehouse
8 1 (5.56%) ETL
8 1 (5.56%) XBRL
8 1 (5.56%) HP
8 1 (5.56%) PMP
8 1 (5.56%) PMI Certification
8 1 (5.56%) Six Sigma

Retail Banking
Top Related IT Skills in the North East by Category

For the 6 months to 12 February 2016, IT contractor jobs across the North East region citing Retail 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 Retail Banking. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (5.56%) Data Warehouse
General
1 18 (100.00%) Banking
1 18 (100.00%) Retail
2 10 (55.56%) Finance
Job Titles
1 10 (55.56%) Analyst
2 9 (50.00%) Business Analyst
3 8 (44.44%) Banking Analyst
4 6 (33.33%) Project Manager
5 4 (22.22%) Banking Business Analyst
5 4 (22.22%) Retail Banking Business Analyst
6 3 (16.67%) Agile Business Analyst
6 3 (16.67%) Banking Project Manager
6 3 (16.67%) Mortgage Business Analyst
7 2 (11.11%) Mortgage Project Manager
7 2 (11.11%) Product Analyst
7 2 (11.11%) Product Business Analyst
8 1 (5.56%) Agile Project Manager
8 1 (5.56%) Credit Analyst
8 1 (5.56%) Payments Business Analyst
8 1 (5.56%) Programme Manager
8 1 (5.56%) Report Analyst
8 1 (5.56%) Scrum Master
8 1 (5.56%) Senior Analyst
8 1 (5.56%) Systems Analyst
Libraries, Frameworks & Software Standards
1 1 (5.56%) XBRL
Processes & Methodologies
1 9 (50.00%) Agile Software Development
2 5 (27.78%) Scrum
3 4 (22.22%) Kanban
4 3 (16.67%) PRINCE2
5 2 (11.11%) Business Analysis
5 2 (11.11%) Project Management
6 1 (5.56%) Data Analysis
6 1 (5.56%) ETL
6 1 (5.56%) OCR
6 1 (5.56%) Six Sigma
6 1 (5.56%) Stakeholder Engagement
6 1 (5.56%) Stakeholder Management
6 1 (5.56%) Systems Analysis
6 1 (5.56%) Time Management
6 1 (5.56%) Waterfall
Qualifications
1 1 (5.56%) PMI Certification
1 1 (5.56%) PMP
Quality Assurance & Compliance
1 1 (5.56%) COREP
1 1 (5.56%) FINREP
Vendors
1 1 (5.56%) HP
1 1 (5.56%) Oracle