The first 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 16 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our General category for the Tyne and Wear region.

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
16 Apr 2014
Same period 2013 Same period 2012
Banking
Rank 53 25 28
Rank change year-on-year
-28 +3
Contract jobs citing Banking 7 6 9
As % of all contract IT jobs located in Tyne and Wear 1.30% 2.87% 3.27%
As % of the General category 6.25% 12.24% 16.67%
Number of daily rates quoted 3 4 7
Average daily rate £350 £469 £375
Average daily rate % change year-on-year
-25.33% +25.00%
UK excluding London average daily rate £404 £380 £383
% change year-on-year
+6.25% -0.65%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £12.00 £16.50 £25.00
% change year-on-year
-27.27% -34.00%
General Category
Tyne and Wear
Contract IT job ads with a match in the
General category
112 49 54
As % of all contract IT jobs located in Tyne and Wear 20.78% 23.44% 19.64%
Number of daily rates quoted 75 23 26
Average daily rate £261 £425 £373
Average daily rate % change year-on-year
-38.52% +14.09%
90% offered a daily rate of more than £182 £300 £268
10% offered a daily rate of more than £386 £513 £440
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 0 1 3
Average hourly rate - £17.50 £22.50
Average hourly rate % change year-on-year
- -22.22%
UK excluding London average hourly rate £25.00 £27.50 £25.00
% change year-on-year
-9.09% +10.00%
Banking
North East

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
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 16 April 2014. 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 each for more statistics)
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
Find
Job
Vacancies
Newcastle upon Tyne -28 6 £350 -31.70% 3
Banking
North East

Banking
Top 24 Related IT Skills in Tyne and Wear

For the 6 months to 16 April 2014, 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 8 (88.89%) Finance
2 6 (66.67%) Stakeholder Management
3 4 (44.44%) RDF
4 3 (33.33%) ITIL
4 3 (33.33%) Six Sigma
5 2 (22.22%) Information Security
5 2 (22.22%) Project Management
5 2 (22.22%) PRINCE2
5 2 (22.22%) MS Visio
5 2 (22.22%) Agile Software Development
5 2 (22.22%) Retail Banking
5 2 (22.22%) Retail
5 2 (22.22%) Business Analysis
5 2 (22.22%) Network Security
5 2 (22.22%) Firewall
6 1 (11.11%) Change Control
6 1 (11.11%) Software Testing
6 1 (11.11%) QA
6 1 (11.11%) Service Management
6 1 (11.11%) Change Management
6 1 (11.11%) ISEB
6 1 (11.11%) PMP
6 1 (11.11%) PMI Certification
6 1 (11.11%) PRINCE

Banking
Top Related IT Skills in Tyne and Wear by Category

For the 6 months to 16 April 2014, 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.

Applications
1 2 (22.22%) MS Visio
Communications & Networking
1 2 (22.22%) Network Security
1 2 (22.22%) Firewall
General
1 8 (88.89%) Finance
2 2 (22.22%) Retail Banking
2 2 (22.22%) Retail
Job Titles
1 4 (44.44%) Analyst
2 3 (33.33%) Business Analyst
3 2 (22.22%) Consultant
3 2 (22.22%) Security Consultant
3 2 (22.22%) Information Security Consultant
4 1 (11.11%) Financial Services Business Analyst
4 1 (11.11%) PMO Analyst
4 1 (11.11%) Financial Business Analyst
4 1 (11.11%) Project Manager
4 1 (11.11%) Senior Project Manager
4 1 (11.11%) Implementation Manager
4 1 (11.11%) Senior Manager
4 1 (11.11%) Programme Manager
Processes & Methodologies
1 6 (66.67%) Stakeholder Management
2 4 (44.44%) RDF
3 3 (33.33%) ITIL
3 3 (33.33%) Six Sigma
4 2 (22.22%) Information Security
4 2 (22.22%) Project Management
4 2 (22.22%) PRINCE2
4 2 (22.22%) Agile Software Development
4 2 (22.22%) Business Analysis
5 1 (11.11%) Change Control
5 1 (11.11%) Software Testing
5 1 (11.11%) Service Management
5 1 (11.11%) Change Management
5 1 (11.11%) PRINCE
Qualifications
1 1 (11.11%) ISEB
1 1 (11.11%) PMP
1 1 (11.11%) PMI Certification
Quality Assurance & Compliance
1 1 (11.11%) QA