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 December 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 Dec 2014
Same period 2013 Same period 2012
Banking
Rank 58 30 24
Rank change year-on-year
-28 -6
Contract jobs citing Banking 3 2 13
As % of all contract IT jobs located in Tyne and Wear 0.53% 0.84% 4.09%
As % of the General category 3.45% 5.13% 17.81%
Number of daily rates quoted 3 0 2
Average daily rate
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£300 - £239
UK excluding London average daily rate £415 £385 £375
% change year-on-year
+7.79% +2.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.22 £11.50 £15.00
% change year-on-year
-11.13% -23.33%
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
87 39 73
As % of all contract IT jobs located in Tyne and Wear 15.45% 16.46% 22.96%
Number of daily rates quoted 65 16 26
Average daily rate £375 £311 £250
Average daily rate % change year-on-year
+20.57% +24.40%
90% offered a daily rate of more than £247 £172 £125
10% offered a daily rate of more than £496 £505 £388
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 1 2 4
Average hourly rate £39.00 £20.00 £11.34
Average hourly rate % change year-on-year
+95.00% +76.36%
UK excluding London average hourly rate £22.69 £24.25 £22.50
% change year-on-year
-6.43% +7.77%

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 December 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 December 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 -23 1 £463 - 2
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 19 December 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 4 (44.44%) E-Learning
2 2 (22.22%) Agile Software Development
2 2 (22.22%) TDD
2 2 (22.22%) Marketing
2 2 (22.22%) Relational Database
2 2 (22.22%) Hibernate
2 2 (22.22%) Scrum
2 2 (22.22%) HTML
2 2 (22.22%) Java
3 1 (11.11%) JavaScript
3 1 (11.11%) SQL
3 1 (11.11%) J2EE
3 1 (11.11%) Oracle
3 1 (11.11%) JUnit
3 1 (11.11%) CSS
3 1 (11.11%) SOAP
3 1 (11.11%) Web Services
3 1 (11.11%) PRINCE2
3 1 (11.11%) UNIX
3 1 (11.11%) Windows
3 1 (11.11%) Linux
3 1 (11.11%) Python
3 1 (11.11%) SharePoint
3 1 (11.11%) E-Commerce
3 1 (11.11%) SOA
3 1 (11.11%) VoIP
3 1 (11.11%) HTTP
3 1 (11.11%) RDBMS
3 1 (11.11%) SLA
3 1 (11.11%) Citrix

Banking
Top Related IT Skills in Tyne and Wear by Category

For the 6 months to 19 December 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 (11.11%) SharePoint
Communications & Networking
1 1 (11.11%) VoIP
1 1 (11.11%) HTTP
Database & Business Intelligence
1 2 (22.22%) Relational Database
2 1 (11.11%) RDBMS
2 1 (11.11%) MongoDB
Development Applications
1 1 (11.11%) JUnit
1 1 (11.11%) Git (software)
1 1 (11.11%) Subversion
General
1 2 (22.22%) Marketing
2 1 (11.11%) Finance
2 1 (11.11%) Publishing
2 1 (11.11%) Multimedia
Job Titles
1 4 (44.44%) Designer
2 2 (22.22%) Java Developer
2 2 (22.22%) Project Manager
2 2 (22.22%) Developer
3 1 (11.11%) Senior Manager
3 1 (11.11%) Senior Developer
3 1 (11.11%) 1st Line Support
3 1 (11.11%) Contracts Manager
3 1 (11.11%) Senior Java Developer
3 1 (11.11%) Senior Project Manager
3 1 (11.11%) PMO Lead
3 1 (11.11%) Java/J2EE Developer
Libraries, Frameworks & Software Standards
1 2 (22.22%) Hibernate
1 2 (22.22%) HTML
2 1 (11.11%) J2EE
2 1 (11.11%) CSS
2 1 (11.11%) SOAP
2 1 (11.11%) Web Services
2 1 (11.11%) Spring
2 1 (11.11%) REST
2 1 (11.11%) JAX-RS
Miscellaneous
1 4 (44.44%) E-Learning
2 1 (11.11%) User Experience
2 1 (11.11%) Online Gambling
2 1 (11.11%) Online Banking
2 1 (11.11%) Open Source
Operating Systems
1 1 (11.11%) UNIX
1 1 (11.11%) Windows
1 1 (11.11%) Linux
1 1 (11.11%) Mac OS X
Processes & Methodologies
1 2 (22.22%) Agile Software Development
1 2 (22.22%) TDD
1 2 (22.22%) Scrum
2 1 (11.11%) PRINCE2
2 1 (11.11%) E-Commerce
2 1 (11.11%) SOA
2 1 (11.11%) Configuration Management
2 1 (11.11%) Project Management
2 1 (11.11%) MVC
2 1 (11.11%) Migration
2 1 (11.11%) Web Design
2 1 (11.11%) Programme Management
2 1 (11.11%) Document Management
2 1 (11.11%) BDD
2 1 (11.11%) Responsive Web Design
Programming Languages
1 2 (22.22%) Java
2 1 (11.11%) JavaScript
2 1 (11.11%) SQL
2 1 (11.11%) Python
2 1 (11.11%) Scala
2 1 (11.11%) Ruby
Qualifications
1 1 (11.11%) PMP
1 1 (11.11%) PMI Certification
1 1 (11.11%) APMP
Quality Assurance & Compliance
1 1 (11.11%) SLA
Vendors
1 1 (11.11%) Oracle
1 1 (11.11%) Citrix