The table below looks at the prevalence of the term Banking in IT contracts advertised for the Tyne and Wear 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 50 39 11
Rank change year-on-year
-11 -28
Contract jobs citing Banking 13 2 16
As % of all contract IT jobs located in Tyne and Wear 2.10% 0.53% 7.66%
As % of the General category 10.66% 3.08% 25.81%
Number of daily rates quoted 11 2 8
Average daily rate
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£440 £575 £494
Average daily rate % change year-on-year
-23.47% +16.45%
90% offered a daily rate of more than £415 £575 £245
10% offered a daily rate of more than £525 £575 £593
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
North East

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the Tyne and Wear region.

General Category
Tyne and Wear
Contract IT job ads with a match in the
General category
122 65 62
As % of all contract IT jobs located in Tyne and Wear 19.71% 17.33% 29.67%
Number of daily rates quoted 79 47 32
Average daily rate £347 £375 £375
Average daily rate % change year-on-year
-7.33% -
90% offered a daily rate of more than £255 £200 £275
10% offered a daily rate of more than £500 £500 £595
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 10 2 0
Average hourly rate £13.00 £34.75 -
Average hourly rate % change year-on-year
-62.58% -
UK excluding London average hourly rate £22.50 £22.50 £23.21
% change year-on-year
- -3.05%

Banking
Jobs Demand Trend in Tyne and Wear

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

Banking Jobs Demand Trend in Tyne and Wear

Banking
Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Banking across the Tyne and Wear region.

Banking Daily Rate Trend in Tyne and Wear

Banking
Daily Rate Histogram in Tyne and Wear

This chart provides a histogram of daily rates quoted in contract IT jobs citing Banking across the Tyne and Wear region over the 3 months to 6 July 2015.

Banking Daily Rate Histogram in Tyne and Wear

Banking
Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking across the Tyne and Wear region.

Banking Hourly Rate Trend in Tyne and Wear

Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Banking within the Tyne and Wear 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
Newcastle upon Tyne -8 12 £433 -24.78% 4
Sunderland - 1 £500 - 1
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 6 July 2015, IT contractor jobs across the Tyne and Wear 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 9 (60.00%) Finance
2 8 (53.33%) Retail
2 8 (53.33%) Stakeholder Management
3 7 (46.67%) Retail Banking
4 5 (33.33%) Business Analysis
4 5 (33.33%) OO
5 4 (26.67%) Project Management
5 4 (26.67%) Change Management
6 3 (20.00%) GAP Analysis
6 3 (20.00%) Validation
6 3 (20.00%) Agile Software Development
6 3 (20.00%) UML
6 3 (20.00%) Business Development
6 3 (20.00%) Use Case
6 3 (20.00%) Visualisation
6 3 (20.00%) Rational DOORS
6 3 (20.00%) Waterfall
6 3 (20.00%) User Experience
6 3 (20.00%) Requirements Management
7 2 (13.33%) Statistical Analysis
8 1 (6.67%) Systems Analysis
8 1 (6.67%) Management Information System
8 1 (6.67%) Risk Management
8 1 (6.67%) Programme Management
8 1 (6.67%) Process Management
8 1 (6.67%) SQL
8 1 (6.67%) Oracle
8 1 (6.67%) PRINCE2
8 1 (6.67%) CRM
8 1 (6.67%) Data Warehouse

Banking
Top Related IT Skills in Tyne and Wear by Category

For the 6 months to 6 July 2015, IT contractor jobs across the Tyne and Wear 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.

Communications & Networking
1 1 (6.67%) ATM
1 1 (6.67%) Internet
Database & Business Intelligence
1 1 (6.67%) Data Warehouse
1 1 (6.67%) RDBMS
1 1 (6.67%) Relational Database
Development Applications
1 3 (20.00%) Rational DOORS
General
1 9 (60.00%) Finance
2 8 (53.33%) Retail
3 7 (46.67%) Retail Banking
4 1 (6.67%) Corporate Banking
Job Titles
1 10 (66.67%) Analyst
2 9 (60.00%) Business Analyst
3 4 (26.67%) Project Manager
4 1 (6.67%) Test Analyst
4 1 (6.67%) Senior Analyst
4 1 (6.67%) Senior Test Analyst
4 1 (6.67%) Delivery Manager
4 1 (6.67%) Financial Business Analyst
4 1 (6.67%) IT Business Analyst
4 1 (6.67%) Financial Services Business Analyst
Miscellaneous
1 3 (20.00%) Visualisation
1 3 (20.00%) User Experience
2 1 (6.67%) Analytical Skills
2 1 (6.67%) Cybercrime
2 1 (6.67%) Management Information System
2 1 (6.67%) Online Banking
Processes & Methodologies
1 8 (53.33%) Stakeholder Management
2 5 (33.33%) OO
2 5 (33.33%) Business Analysis
3 4 (26.67%) Project Management
3 4 (26.67%) Change Management
4 3 (20.00%) GAP Analysis
4 3 (20.00%) UML
4 3 (20.00%) Agile Software Development
4 3 (20.00%) Requirements Management
4 3 (20.00%) Business Development
4 3 (20.00%) Use Case
4 3 (20.00%) Validation
4 3 (20.00%) Waterfall
5 2 (13.33%) Statistical Analysis
6 1 (6.67%) Process Improvement
6 1 (6.67%) Change Control
6 1 (6.67%) Test Strategy
6 1 (6.67%) Business Process Mapping
6 1 (6.67%) Test Planning
6 1 (6.67%) Test Management
Programming Languages
1 1 (6.67%) SQL
Qualifications
1 1 (6.67%) PRINCE2 Certification
1 1 (6.67%) Degree
Vendors
1 1 (6.67%) Oracle
1 1 (6.67%) HP
1 1 (6.67%) TSYS
Sunderland
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Posted: 27 days ago