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 2 September 2015 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
2 Sep 2015
Same period 2014 Same period 2013
Banking
Rank 50 46 9
Rank change year-on-year
-4 -37
Contract jobs citing Banking 25 3 20
As % of all contract IT jobs located in Tyne and Wear 2.98% 0.71% 9.71%
As % of the General category 14.97% 5.66% 30.30%
Number of daily rates quoted 22 1 5
Average daily rate
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£425 £300 £400
Average daily rate % change year-on-year
+41.66% -25.00%
90% offered a daily rate of more than £325 £300 £215
10% offered a daily rate of more than £500 £300 £630
UK excluding London average daily rate £410 £400 £396
% change year-on-year
+2.50% +1.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £12.75 £17.25 £20.00
% change year-on-year
-26.08% -13.75%
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
167 53 66
As % of all contract IT jobs located in Tyne and Wear 19.90% 12.47% 32.04%
Number of daily rates quoted 114 35 30
Average daily rate £405 £375 £350
Average daily rate % change year-on-year
+8.00% +7.14%
90% offered a daily rate of more than £277 £240 £249
10% offered a daily rate of more than £520 £471 £700
UK excluding London average daily rate £400 £390 £385
% change year-on-year
+2.56% +1.29%
Number of hourly rates quoted 2 0 1
Average hourly rate £12.35 - £34.00
UK excluding London average hourly rate £27.50 £23.00 £22.00
% change year-on-year
+19.56% +4.54%

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 2 September 2015.

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 2 September 2015. 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 -5 22 £425 - 3
Sunderland -3 2 £500 +66.66%
Banking
North East

Banking
Top 30 Related IT Skills in Tyne and Wear

For the 6 months to 2 September 2015, 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 19 (61.29%) Finance
2 11 (35.48%) Retail
2 11 (35.48%) Stakeholder Management
3 10 (32.26%) Retail Banking
4 9 (29.03%) Agile Software Development
5 7 (22.58%) Business Analysis
6 6 (19.35%) Project Management
6 6 (19.35%) UML
6 6 (19.35%) OO
6 6 (19.35%) Use Case
7 5 (16.13%) Change Management
8 4 (12.90%) GAP Analysis
8 4 (12.90%) Validation
8 4 (12.90%) HP
8 4 (12.90%) Test Management
8 4 (12.90%) Visualisation
8 4 (12.90%) Waterfall
8 4 (12.90%) Business Development
8 4 (12.90%) Rational DOORS
8 4 (12.90%) Requirements Management
8 4 (12.90%) Test Planning
8 4 (12.90%) User Experience
9 3 (9.68%) Mobile App
9 3 (9.68%) Mobile Application Development
9 3 (9.68%) ISTQB
9 3 (9.68%) HP Quality Center
9 3 (9.68%) Kanban
9 3 (9.68%) JIRA
9 3 (9.68%) ISEB
9 3 (9.68%) Oracle

Banking
Top Related IT Skills in Tyne and Wear by Category

For the 6 months to 2 September 2015, 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.

Communications & Networking
1 1 (3.23%) ATM
1 1 (3.23%) Internet
Database & Business Intelligence
1 1 (3.23%) Data Warehouse
1 1 (3.23%) RDBMS
1 1 (3.23%) Relational Database
Development Applications
1 4 (12.90%) Rational DOORS
2 3 (9.68%) JIRA
General
1 19 (61.29%) Finance
2 11 (35.48%) Retail
3 10 (32.26%) Retail Banking
4 1 (3.23%) Corporate Banking
Job Titles
1 15 (48.39%) Analyst
2 14 (45.16%) Business Analyst
3 7 (22.58%) Project Manager
4 3 (9.68%) ScrumMaster
4 3 (9.68%) Test Leader
5 2 (6.45%) Financial Business Analyst
5 2 (6.45%) Financial Services Business Analyst
5 2 (6.45%) Consultant
5 2 (6.45%) Oracle Consultant
6 1 (3.23%) Delivery Manager
6 1 (3.23%) Senior Analyst
6 1 (3.23%) Senior Test Analyst
6 1 (3.23%) Test Analyst
6 1 (3.23%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 2 (6.45%) Middleware
Miscellaneous
1 4 (12.90%) Visualisation
1 4 (12.90%) User Experience
2 3 (9.68%) Mobile App
3 2 (6.45%) Management Information System
4 1 (3.23%) Online Banking
4 1 (3.23%) Analytical Skills
4 1 (3.23%) Cybercrime
Operating Systems
1 2 (6.45%) Linux
Processes & Methodologies
1 11 (35.48%) Stakeholder Management
2 9 (29.03%) Agile Software Development
3 7 (22.58%) Business Analysis
4 6 (19.35%) UML
4 6 (19.35%) OO
4 6 (19.35%) Project Management
4 6 (19.35%) Use Case
5 5 (16.13%) Change Management
6 4 (12.90%) GAP Analysis
6 4 (12.90%) Validation
6 4 (12.90%) Test Management
6 4 (12.90%) Requirements Management
6 4 (12.90%) Business Development
6 4 (12.90%) Waterfall
6 4 (12.90%) Test Planning
7 3 (9.68%) Mobile Application Development
7 3 (9.68%) Kanban
7 3 (9.68%) Scrum
8 2 (6.45%) Statistical Analysis
8 2 (6.45%) ERP
Programming Languages
1 1 (3.23%) SQL
Qualifications
1 3 (9.68%) ISTQB
1 3 (9.68%) ISEB
2 1 (3.23%) Oracle Certification
2 1 (3.23%) PRINCE2 Certification
2 1 (3.23%) Degree
2 1 (3.23%) SC Cleared
2 1 (3.23%) Security Cleared
System Software
1 2 (6.45%) Oracle RAC
Systems Management
1 3 (9.68%) HP Quality Center
2 2 (6.45%) Data Guard
Vendors
1 4 (12.90%) HP
2 3 (9.68%) Oracle
3 1 (3.23%) TSYS