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 31 August 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
31 Aug 2016
Same period 2015 Same period 2014
Banking
Rank 75 50 47
Rank change year-on-year
-25 -3
Contract jobs citing Banking 24 25 3
As % of all contract IT jobs located in Tyne and Wear 2.27% 3.08% 0.71%
As % of the General category 12.90% 15.53% 5.66%
Number of daily rates quoted 12 22 1
Median daily rate £370 £425 £300
Median daily rate % change year-on-year
-12.94% +41.66%
UK excluding London median daily rate £420 £405 £400
% change year-on-year
+3.70% +1.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £29.50 £12.75 £17.25
% change year-on-year
+131.37% -26.08%
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
186 161 53
As % of all contract IT jobs located in Tyne and Wear 17.61% 19.85% 12.50%
Number of daily rates quoted 131 110 35
Median daily rate £350 £405 £375
Median daily rate % change year-on-year
-13.58% +8.00%
90% offered a daily rate of more than £211 £275 £240
10% offered a daily rate of more than £488 £520 £471
UK excluding London median daily rate £400 £400 £388
% change year-on-year
- +3.22%
Number of hourly rates quoted 3 3 0
Median hourly rate £18.25 £12.35 -
Median hourly rate % change year-on-year
+47.77% -
UK excluding London median hourly rate £20.00 £25.83 £22.50
% change year-on-year
-22.57% +14.80%

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 31 August 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 31 August 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 -19 24 £370 -12.94% 1
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 31 August 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 14 (42.42%) LDAP
1 14 (42.42%) Linux
1 14 (42.42%) OAuth
1 14 (42.42%) OpenID
1 14 (42.42%) OAuth2
1 14 (42.42%) Analytical Skills
2 13 (39.39%) Finance
3 11 (33.33%) Spring
3 11 (33.33%) TIBCO
3 11 (33.33%) Java
3 11 (33.33%) WebLogic
3 11 (33.33%) Red Hat Enterprise Linux
4 9 (27.27%) Operational Acceptance Testing
4 9 (27.27%) Integration Testing
5 8 (24.24%) Security Cleared
6 7 (21.21%) SC Cleared
7 4 (12.12%) KYC
8 3 (9.09%) HP
9 2 (6.06%) C#
9 2 (6.06%) Windows
9 2 (6.06%) Project Management
9 2 (6.06%) ASP.NET
9 2 (6.06%) CSS
9 2 (6.06%) Web Services
9 2 (6.06%) JavaScript
9 2 (6.06%) .NET
9 2 (6.06%) Telecoms
9 2 (6.06%) MVC
9 2 (6.06%) Cisco IPCC
9 2 (6.06%) Anti-Money Laundering

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 11 (33.33%) WebLogic
2 1 (3.03%) CICS
2 1 (3.03%) IBM Notes
2 1 (3.03%) SAS
2 1 (3.03%) WebSphere
Applications
1 1 (3.03%) MS Excel
1 1 (3.03%) MS PowerPoint
Cloud Services
1 1 (3.03%) Office 365
Communications & Networking
1 14 (42.42%) LDAP
2 1 (3.03%) IP Telephony
2 1 (3.03%) VoIP
Database & Business Intelligence
1 1 (3.03%) Base SAS
1 1 (3.03%) Data Mining
1 1 (3.03%) DB2
1 1 (3.03%) SAS EBI
1 1 (3.03%) SAS Enterprise Guide
1 1 (3.03%) SQL Server
Development Applications
1 1 (3.03%) JMeter
1 1 (3.03%) LoadRunner
General
1 13 (39.39%) Finance
2 2 (6.06%) Local Government
2 2 (6.06%) Telecoms
3 1 (3.03%) International Banking
3 1 (3.03%) Retail
3 1 (3.03%) Retail Banking
Job Titles
1 14 (42.42%) Consultant
2 6 (18.18%) Analyst
3 4 (12.12%) Technical Consultant
4 3 (9.09%) Business Analyst
4 3 (9.09%) Developer
5 2 (6.06%) .NET Developer
5 2 (6.06%) Finance Business Analyst
5 2 (6.06%) Financial Analyst
5 2 (6.06%) KYC Analyst
5 2 (6.06%) PMO Specialist
5 2 (6.06%) Project Support Specialist
5 2 (6.06%) Support Specialist
5 2 (6.06%) Test Analyst
6 1 (3.03%) Banking Business Analyst
6 1 (3.03%) Business Finance Analyst
6 1 (3.03%) Customer Analyst
6 1 (3.03%) Financial Services Business Analyst
6 1 (3.03%) Functional Test Analyst
6 1 (3.03%) Non-Functional Tester
6 1 (3.03%) Solutions Consultant
Libraries, Frameworks & Software Standards
1 14 (42.42%) OAuth
1 14 (42.42%) OAuth2
1 14 (42.42%) OpenID
2 11 (33.33%) Spring
3 2 (6.06%) .NET
3 2 (6.06%) .NET Framework
3 2 (6.06%) ASP.NET
3 2 (6.06%) ASP.NET MVC
3 2 (6.06%) ASP.NET Web API
3 2 (6.06%) CSS
3 2 (6.06%) Entity Framework
3 2 (6.06%) Web Services
Miscellaneous
1 14 (42.42%) Analytical Skills
2 1 (3.03%) Mainframe
2 1 (3.03%) Management Information System
2 1 (3.03%) Virtual Team
Operating Systems
1 14 (42.42%) Linux
2 11 (33.33%) Red Hat Enterprise Linux
3 2 (6.06%) Windows
Processes & Methodologies
1 9 (27.27%) Integration Testing
1 9 (27.27%) Operational Acceptance Testing
2 4 (12.12%) KYC
3 2 (6.06%) Anti-Money Laundering
3 2 (6.06%) MVC
3 2 (6.06%) Project Management
4 1 (3.03%) Agile Software Development
4 1 (3.03%) Automated Testing
4 1 (3.03%) Business Intelligence
4 1 (3.03%) Change Management
4 1 (3.03%) Data Management
4 1 (3.03%) E-Commerce
4 1 (3.03%) Incident Management
4 1 (3.03%) Information Management
4 1 (3.03%) ITIL
4 1 (3.03%) Knowledge Management
4 1 (3.03%) Project Planning
4 1 (3.03%) Risk Analysis
4 1 (3.03%) Stakeholder Management
4 1 (3.03%) Web Development
Programming Languages
1 11 (33.33%) Java
2 2 (6.06%) C#
2 2 (6.06%) JavaScript
Qualifications
1 8 (24.24%) Security Cleared
2 7 (21.21%) SC Cleared
3 2 (6.06%) Degree
Quality Assurance & Compliance
1 1 (3.03%) SLA
System Software
1 1 (3.03%) Active Directory
Systems Management
1 2 (6.06%) Cisco IPCC
1 2 (6.06%) HP Quality Center
Vendors
1 11 (33.33%) TIBCO
2 3 (9.09%) HP
3 1 (3.03%) Cisco
3 1 (3.03%) Citrix
3 1 (3.03%) Lotus
3 1 (3.03%) Microsoft
3 1 (3.03%) Oracle
3 1 (3.03%) VMware