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 contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 29 September 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
29 Sep 2016
Same period 2015 Same period 2014
Retail Banking
Rank - 81 -
Contract jobs citing Retail Banking 0 6 0
As % of all contract IT jobs located in the North East - 0.55% -
As % of the General category - 2.62% -
Number of daily rates quoted 0 6 0
Median daily rate - £433 -
UK excluding London median daily rate £425 £425 £450
% change year-on-year
- -5.55%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £10.00
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
210 229 111
As % of all contract IT jobs located in the North East 15.28% 20.86% 15.63%
Number of daily rates quoted 153 140 61
Median daily rate £400 £425 £338
Median daily rate % change year-on-year
-5.88% +25.92%
90% offered a daily rate of more than £222 £288 £255
10% offered a daily rate of more than £523 £534 £450
UK excluding London median daily rate £400 £400 £396
% change year-on-year
- +1.01%
Number of hourly rates quoted 1 6 4
Median hourly rate £11.72 £12.35 £16.50
Median hourly rate % change year-on-year
-5.10% -25.15%
UK excluding London median hourly rate £20.50 £30.00 £26.38
% change year-on-year
-31.66% +13.74%

Retail Banking
Jobs Demand Trend in the North East

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