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 contractor rates offered in IT contracts that have cited Banking over the 3 months to 4 December 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
4 Dec 2016
Same period 2015 Same period 2014
Banking
Rank 95 44 63
Rank change year-on-year
-51 +19
Contract jobs citing Banking 14 28 6
As % of all contract IT jobs located in Tyne and Wear 1.16% 3.85% 0.92%
As % of the General category 8.64% 15.82% 6.25%
Number of daily rates quoted 10 17 5
Median daily rate £265 £450 £300
Median daily rate % change year-on-year
-41.11% +50.00%
90% offered a daily rate of more than £105 £300 £195
10% offered a daily rate of more than £450 £535 £485
UK excluding London median daily rate £415 £425 £413
% change year-on-year
-2.35% +3.03%
Number of hourly rates quoted 0 1 0
Median hourly rate - £18.00 -
UK excluding London median hourly rate £32.00 £17.25 £10.00
% change year-on-year
+85.50% +72.50%
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
162 177 96
As % of all contract IT jobs located in Tyne and Wear 13.43% 24.31% 14.75%
Number of daily rates quoted 126 106 65
Median daily rate £404 £389 £375
Median daily rate % change year-on-year
+3.92% +3.66%
90% offered a daily rate of more than £286 £254 £241
10% offered a daily rate of more than £530 £525 £500
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 1 7 0
Median hourly rate £33.72 £47.50 -
Median hourly rate % change year-on-year
-29.01% -
UK excluding London median hourly rate £24.50 £28.69 £25.00
% change year-on-year
-14.60% +14.76%

Banking
Jobs Demand Trend in Tyne and Wear

The demand trend of contract jobs across the Tyne and Wear region citing Banking as a proportion of all IT contracts with a match in 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 4 December 2016.

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 median contractor rates quoted in IT jobs citing Banking within the Tyne and Wear region over the 3 months to 4 December 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Newcastle upon Tyne -53 14 £275 -38.88% 1
Sunderland -2 1 £105 -65.00%
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 4 December 2016, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Tyne and Wear region with a requirement for Banking.

1 19 (50.00%) Linux
2 18 (47.37%) Analytical Skills
3 12 (31.58%) Operational Acceptance Testing
3 12 (31.58%) Integration Testing
3 12 (31.58%) Finance
4 11 (28.95%) LDAP
4 11 (28.95%) Java
4 11 (28.95%) OAuth
4 11 (28.95%) OAuth2
4 11 (28.95%) OpenID
5 9 (23.68%) Red Hat Enterprise Linux
5 9 (23.68%) Spring
5 9 (23.68%) WebLogic
5 9 (23.68%) TIBCO
6 7 (18.42%) Degree
6 7 (18.42%) Security Cleared
7 6 (15.79%) SC Cleared
8 4 (10.53%) Anti-Money Laundering
9 3 (7.89%) KYC
9 3 (7.89%) Shell Script
9 3 (7.89%) HP
9 3 (7.89%) Oracle Forms
9 3 (7.89%) Oracle Reports
9 3 (7.89%) PL/SQL
9 3 (7.89%) SQL
9 3 (7.89%) Oracle
9 3 (7.89%) Windows
10 2 (5.26%) C#
10 2 (5.26%) .NET
10 2 (5.26%) JavaScript

Banking
Top Related IT Skills in Tyne and Wear by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 9 (23.68%) WebLogic
2 1 (2.63%) SAS
2 1 (2.63%) WebSphere
Applications
1 2 (5.26%) MS Excel
1 2 (5.26%) MS PowerPoint
Cloud Services
1 1 (2.63%) IaaS
1 1 (2.63%) PaaS
1 1 (2.63%) SaaS
Communications & Networking
1 11 (28.95%) LDAP
2 2 (5.26%) ATM
Database & Business Intelligence
1 3 (7.89%) Oracle Reports
2 1 (2.63%) Base SAS
2 1 (2.63%) SAS EBI
2 1 (2.63%) SAS Enterprise Guide
Development Applications
1 3 (7.89%) Oracle Forms
2 1 (2.63%) JMeter
2 1 (2.63%) LoadRunner
2 1 (2.63%) StarTeam
General
1 12 (31.58%) Finance
2 2 (5.26%) Retail
2 2 (5.26%) Retail Banking
2 2 (5.26%) Telecoms
3 1 (2.63%) Financial Institution
3 1 (2.63%) International Banking
Job Titles
1 11 (28.95%) Consultant
2 8 (21.05%) Developer
3 7 (18.42%) Analyst
4 3 (7.89%) Oracle Developer
4 3 (7.89%) Technical Consultant
5 2 (5.26%) .NET Developer
5 2 (5.26%) AML Business Analyst
5 2 (5.26%) ATM Engineer
5 2 (5.26%) Business Analyst
5 2 (5.26%) KYC Analyst
5 2 (5.26%) Test Analyst
6 1 (2.63%) Designer
6 1 (2.63%) Finance Business Analyst
6 1 (2.63%) Financial Analyst
6 1 (2.63%) Functional Test Analyst
6 1 (2.63%) Monitoring Analyst
6 1 (2.63%) Operational Support Analyst
6 1 (2.63%) Operations Support Analyst
6 1 (2.63%) Risk Business Analyst
6 1 (2.63%) ServiceNow Developer
Libraries, Frameworks & Software Standards
1 11 (28.95%) OAuth
1 11 (28.95%) OAuth2
1 11 (28.95%) OpenID
2 9 (23.68%) Spring
3 2 (5.26%) .NET
3 2 (5.26%) .NET Framework
3 2 (5.26%) ASP.NET
3 2 (5.26%) ASP.NET MVC
3 2 (5.26%) ASP.NET Web API
3 2 (5.26%) CSS
3 2 (5.26%) Entity Framework
3 2 (5.26%) Web Services
3 2 (5.26%) XML
Miscellaneous
1 18 (47.37%) Analytical Skills
2 1 (2.63%) CMDB
2 1 (2.63%) Data Structures
2 1 (2.63%) Hedge funds
2 1 (2.63%) Management Information System
2 1 (2.63%) Virtual Team
Operating Systems
1 19 (50.00%) Linux
2 9 (23.68%) Red Hat Enterprise Linux
3 3 (7.89%) Windows
4 1 (2.63%) AIX
4 1 (2.63%) Unix
4 1 (2.63%) Windows 2000
4 1 (2.63%) Windows XP
Processes & Methodologies
1 12 (31.58%) Integration Testing
1 12 (31.58%) Operational Acceptance Testing
2 4 (10.53%) Anti-Money Laundering
3 3 (7.89%) KYC
4 2 (5.26%) Change Management
4 2 (5.26%) Data Management
4 2 (5.26%) ITIL
4 2 (5.26%) Knowledge Management
4 2 (5.26%) MVC
4 2 (5.26%) Problem Management
4 2 (5.26%) Process Improvement
4 2 (5.26%) Project Management
5 1 (2.63%) Agile Software Development
5 1 (2.63%) Automated Testing
5 1 (2.63%) Business Analysis
5 1 (2.63%) Data Analysis
5 1 (2.63%) GAP Analysis
5 1 (2.63%) Information Management
5 1 (2.63%) ITSM
5 1 (2.63%) Validation
Programming Languages
1 11 (28.95%) Java
2 3 (7.89%) PL/SQL
2 3 (7.89%) Shell Script
2 3 (7.89%) SQL
3 2 (5.26%) C#
3 2 (5.26%) JavaScript
Qualifications
1 7 (18.42%) Degree
1 7 (18.42%) Security Cleared
2 6 (15.79%) SC Cleared
Quality Assurance & Compliance
1 1 (2.63%) Data Quality
1 1 (2.63%) MiFID
Systems Management
1 2 (5.26%) Cisco IPCC
1 2 (5.26%) HP Quality Center
Vendors
1 9 (23.68%) TIBCO
2 3 (7.89%) HP
2 3 (7.89%) Oracle
3 1 (2.63%) Borland
3 1 (2.63%) Microsoft
3 1 (2.63%) ServiceNow
Washington, Tyne and Wear
Infotel UK Consulting
Posted: 16 days ago