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 19 September 2014 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
19 Sep 2014
Same period 2013 Same period 2012
Banking
Rank 53 11 18
Rank change year-on-year
-42 +7
Contract jobs citing Banking 6 16 23
As % of all contract IT jobs located in Tyne and Wear 1.16% 8.51% 6.78%
As % of the General category 9.84% 29.63% 25.84%
Number of daily rates quoted 3 5 4
Average daily rate
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£300 £500 £413
Average daily rate % change year-on-year
-40.00% +21.21%
90% offered a daily rate of more than £160 £265 £349
10% offered a daily rate of more than £460 £630 £555
UK excluding London average daily rate £413 £400 £380
% change year-on-year
+3.25% +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £14.00 £17.50 £19.00
% change year-on-year
-20.00% -7.89%
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
61 54 89
As % of all contract IT jobs located in Tyne and Wear 11.75% 28.72% 26.25%
Number of daily rates quoted 35 23 36
Average daily rate £350 £356 £338
Average daily rate % change year-on-year
-1.75% +5.55%
90% offered a daily rate of more than £205 £229 £204
10% offered a daily rate of more than £463 £700 £415
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 0 1 0
Average hourly rate - £34.00 -
UK excluding London average hourly rate £23.00 £20.50 £28.50
% change year-on-year
+12.19% -28.07%

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 19 September 2014.

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 19 September 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
(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 -46 3 £500 +8.10% 1
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 19 September 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 3 (37.50%) Finance
2 2 (25.00%) E-Learning
2 2 (25.00%) Service Delivery
2 2 (25.00%) Marketing
2 2 (25.00%) Telecoms
3 1 (12.50%) APMP
3 1 (12.50%) BDD
3 1 (12.50%) Relational Database
3 1 (12.50%) User Experience
3 1 (12.50%) MVC
3 1 (12.50%) Programme Management
3 1 (12.50%) Agile Software Development
3 1 (12.50%) TDD
3 1 (12.50%) Multimedia
3 1 (12.50%) Document Management
3 1 (12.50%) Spring
3 1 (12.50%) Publishing
3 1 (12.50%) Migration
3 1 (12.50%) Hibernate
3 1 (12.50%) Scrum
3 1 (12.50%) HTML
3 1 (12.50%) Java
3 1 (12.50%) JavaScript
3 1 (12.50%) SQL
3 1 (12.50%) J2EE
3 1 (12.50%) Oracle
3 1 (12.50%) JUnit
3 1 (12.50%) CSS
3 1 (12.50%) SOAP
3 1 (12.50%) Web Services

Banking
Top Related IT Skills in Tyne and Wear by Category

For the 6 months to 19 September 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.

Application Platforms
1 1 (12.50%) SharePoint
Communications & Networking
1 1 (12.50%) VoIP
Database & Business Intelligence
1 1 (12.50%) Relational Database
1 1 (12.50%) RDBMS
Development Applications
1 1 (12.50%) JUnit
General
1 3 (37.50%) Finance
2 2 (25.00%) Marketing
2 2 (25.00%) Telecoms
3 1 (12.50%) Multimedia
3 1 (12.50%) Publishing
Job Titles
1 2 (25.00%) Project Manager
1 2 (25.00%) Programme Manager
1 2 (25.00%) Designer
2 1 (12.50%) PMO Lead
2 1 (12.50%) Java/J2EE Developer
2 1 (12.50%) Senior Project Manager
2 1 (12.50%) Java Developer
2 1 (12.50%) Contracts Manager
2 1 (12.50%) Senior Java Developer
2 1 (12.50%) Developer
2 1 (12.50%) Senior Manager
2 1 (12.50%) Senior Developer
2 1 (12.50%) 1st Line Support
Libraries, Frameworks & Software Standards
1 1 (12.50%) Spring
1 1 (12.50%) Hibernate
1 1 (12.50%) HTML
1 1 (12.50%) J2EE
1 1 (12.50%) CSS
1 1 (12.50%) SOAP
1 1 (12.50%) Web Services
Miscellaneous
1 2 (25.00%) E-Learning
2 1 (12.50%) User Experience
Operating Systems
1 1 (12.50%) Windows
Processes & Methodologies
1 2 (25.00%) Service Delivery
2 1 (12.50%) BDD
2 1 (12.50%) MVC
2 1 (12.50%) Programme Management
2 1 (12.50%) Agile Software Development
2 1 (12.50%) TDD
2 1 (12.50%) Document Management
2 1 (12.50%) Migration
2 1 (12.50%) Scrum
2 1 (12.50%) PRINCE2
2 1 (12.50%) SOA
2 1 (12.50%) Project Management
Programming Languages
1 1 (12.50%) Java
1 1 (12.50%) JavaScript
1 1 (12.50%) SQL
Qualifications
1 1 (12.50%) APMP
1 1 (12.50%) PMP
1 1 (12.50%) PMI Certification
Quality Assurance & Compliance
1 1 (12.50%) SLA
Vendors
1 1 (12.50%) Oracle
1 1 (12.50%) Citrix