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 31 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
31 Jul 2015
Same period 2014 Same period 2013
Banking
Rank 47 43 9
Rank change year-on-year
-4 -34
Contract jobs citing Banking 24 1 20
As % of all contract IT jobs located in Tyne and Wear 3.39% 0.28% 9.95%
As % of the General category 17.27% 1.79% 28.17%
Number of daily rates quoted 21 0 8
Average daily rate
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of your Daily Rate
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£450 - £438
90% offered a daily rate of more than £335 - £245
10% offered a daily rate of more than £525 - £715
UK excluding London average daily rate £400 £400 £400
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £11.60 £17.00 £22.50
% change year-on-year
-31.79% -24.44%
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
139 56 71
As % of all contract IT jobs located in Tyne and Wear 19.61% 15.73% 35.32%
Number of daily rates quoted 89 35 34
Average daily rate £415 £398 £350
Average daily rate % change year-on-year
+4.40% +13.57%
90% offered a daily rate of more than £263 £205 £253
10% offered a daily rate of more than £525 £469 £700
UK excluding London average daily rate £396 £388 £388
% change year-on-year
+2.19% -
Number of hourly rates quoted 6 2 0
Average hourly rate £12.93 £34.75 -
Average hourly rate % change year-on-year
-62.80% -
UK excluding London average hourly rate £22.50 £22.00 £22.50
% change year-on-year
+2.27% -2.22%

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 31 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 31 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 - 22 £445 - 4
Sunderland -2 1 £500 -
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 31 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 17 (65.38%) Finance
2 11 (42.31%) Stakeholder Management
2 11 (42.31%) Retail
3 10 (38.46%) Retail Banking
4 9 (34.62%) Agile Software Development
5 7 (26.92%) Business Analysis
6 6 (23.08%) OO
6 6 (23.08%) Project Management
7 4 (15.38%) UML
7 4 (15.38%) Change Management
7 4 (15.38%) GAP Analysis
7 4 (15.38%) Use Case
7 4 (15.38%) Waterfall
7 4 (15.38%) Rational DOORS
8 3 (11.54%) Visualisation
8 3 (11.54%) Requirements Management
8 3 (11.54%) Kanban
8 3 (11.54%) Business Development
8 3 (11.54%) Scrum
8 3 (11.54%) Validation
8 3 (11.54%) Oracle
8 3 (11.54%) Mobile App
8 3 (11.54%) Mobile Application Development
8 3 (11.54%) User Experience
9 2 (7.69%) Stakeholder Engagement
9 2 (7.69%) Business Process Mapping
9 2 (7.69%) Test Planning
9 2 (7.69%) Linux
9 2 (7.69%) ERP
9 2 (7.69%) Middleware

Banking
Top Related IT Skills in Tyne and Wear by Category

For the 6 months to 31 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 (3.85%) ATM
1 1 (3.85%) Internet
Database & Business Intelligence
1 1 (3.85%) Data Warehouse
1 1 (3.85%) RDBMS
1 1 (3.85%) Relational Database
Development Applications
1 4 (15.38%) Rational DOORS
2 1 (3.85%) JIRA
General
1 17 (65.38%) Finance
2 11 (42.31%) Retail
3 10 (38.46%) Retail Banking
4 1 (3.85%) Corporate Banking
Job Titles
1 13 (50.00%) Analyst
2 12 (46.15%) Business Analyst
3 6 (23.08%) Project Manager
4 3 (11.54%) ScrumMaster
5 2 (7.69%) Consultant
5 2 (7.69%) Oracle Consultant
6 1 (3.85%) Delivery Manager
6 1 (3.85%) Financial Business Analyst
6 1 (3.85%) IT Business Analyst
6 1 (3.85%) Financial Services Business Analyst
6 1 (3.85%) Test Analyst
6 1 (3.85%) Senior Analyst
6 1 (3.85%) Senior Test Analyst
6 1 (3.85%) Test Leader
Libraries, Frameworks & Software Standards
1 2 (7.69%) Middleware
Miscellaneous
1 3 (11.54%) Visualisation
1 3 (11.54%) Mobile App
1 3 (11.54%) User Experience
2 2 (7.69%) Management Information System
3 1 (3.85%) Online Banking
3 1 (3.85%) Analytical Skills
3 1 (3.85%) Cybercrime
Operating Systems
1 2 (7.69%) Linux
Processes & Methodologies
1 11 (42.31%) Stakeholder Management
2 9 (34.62%) Agile Software Development
3 7 (26.92%) Business Analysis
4 6 (23.08%) OO
4 6 (23.08%) Project Management
5 4 (15.38%) UML
5 4 (15.38%) Change Management
5 4 (15.38%) GAP Analysis
5 4 (15.38%) Use Case
5 4 (15.38%) Waterfall
6 3 (11.54%) Mobile Application Development
6 3 (11.54%) Kanban
6 3 (11.54%) Requirements Management
6 3 (11.54%) Validation
6 3 (11.54%) Business Development
6 3 (11.54%) Scrum
7 2 (7.69%) Statistical Analysis
7 2 (7.69%) ERP
7 2 (7.69%) Test Management
7 2 (7.69%) Business Process Mapping
Programming Languages
1 1 (3.85%) SQL
Qualifications
1 1 (3.85%) ISEB
1 1 (3.85%) Oracle Certification
1 1 (3.85%) PRINCE2 Certification
1 1 (3.85%) ISTQB
1 1 (3.85%) Degree
1 1 (3.85%) SC Cleared
1 1 (3.85%) Security Cleared
System Software
1 2 (7.69%) Oracle RAC
Systems Management
1 2 (7.69%) Data Guard
2 1 (3.85%) HP Quality Center
Vendors
1 3 (11.54%) Oracle
2 2 (7.69%) HP
3 1 (3.85%) TSYS
Newcastle Upon Tyne, Tyne and Wear
TEKsystems
Rate: £280 - £300 per day + expenses for travel when required
Posted: 17 hours ago
Newcastle, Staffordshire
Barclays
Rate: 17.5 hours p/w Tuesday: 8am-1pm, Thursday: 12pm-5:30pm, Friday: 2pm-5:
Posted: 4 days ago