The table below looks at the prevalence of the term Retail 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 Retail Banking over the 3 months to 26 September 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
26 Sep 2016
Same period 2015 Same period 2014
Retail Banking
Rank - 76 -
Contract jobs citing Retail Banking 0 4 0
As % of all contract IT jobs located in Tyne and Wear - 0.47% -
As % of the General category - 2.58% -
Number of daily rates quoted 0 4 0
Median daily rate - £458 -
UK excluding London median daily rate £413 £425 £450
% change year-on-year
-2.94% -5.55%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £10.00
Retail 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
179 155 63
As % of all contract IT jobs located in Tyne and Wear 14.95% 18.32% 11.93%
Number of daily rates quoted 130 102 34
Median daily rate £370 £416 £344
Median daily rate % change year-on-year
-11.00% +20.94%
90% offered a daily rate of more than £210 £299 £205
10% offered a daily rate of more than £491 £525 £469
UK excluding London median daily rate £400 £400 £400
Number of hourly rates quoted 0 3 0
Median hourly rate - £12.35 -
UK excluding London median hourly rate £20.50 £30.00 £26.50
% change year-on-year
-31.66% +13.20%

Retail Banking
Jobs Demand Trend in Tyne and Wear

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

Retail Banking Jobs Demand Trend in Tyne and Wear

Retail 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 Retail Banking across the Tyne and Wear region.

Retail Banking Daily Rate Trend in Tyne and Wear