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 average contractor rates offered in IT contracts that have cited Retail Banking over the 3 months to 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Retail Banking
Rank 62 - 15
Rank change year-on-year
- 0
Contract jobs citing Retail Banking 9 0 12
As % of all contract IT jobs located in Tyne and Wear 1.27% - 5.97%
As % of the General category 6.47% - 16.90%
Number of daily rates quoted 9 0 2
Average daily rate
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£475 - £588
90% offered a daily rate of more than £412 - £498
10% offered a daily rate of more than £525 - £678
UK excluding London average daily rate £400 £425 £400
% change year-on-year
-5.88% +6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
139 56 71
As % of all contract IT jobs located in Tyne and Wear 19.61% 15.73% 35.32%
Number of daily rates quoted 89 35 34
Average daily rate £415 £398 £350
Average daily rate % change year-on-year
+4.40% +13.57%
90% offered a daily rate of more than £263 £205 £253
10% offered a daily rate of more than £525 £469 £700
UK excluding London average daily rate £396 £388 £388
% change year-on-year
+2.19% -
Number of hourly rates quoted 6 2 0
Average hourly rate £12.93 £34.75 -
Average hourly rate % change year-on-year
-62.80% -
UK excluding London average hourly rate £22.50 £22.00 £22.50
% change year-on-year
+2.27% -2.22%

Retail Banking
Jobs Demand Trend in Tyne and Wear

This chart provides a 3-month moving total of IT contractor jobs citing Retail Banking across the Tyne and Wear region as a proportion of the total demand within 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

Retail 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 Retail Banking within the Tyne and Wear region over the 3 months to 31 July 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 - 9 £475 -
Retail Banking
North East

Retail Banking
Top 28 Related IT Skills in Tyne and Wear

For the 6 months to 31 July 2015, IT contractor jobs across the Tyne and Wear region citing Retail 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 Retail Banking.

1 10 (100.00%) Banking
1 10 (100.00%) Retail
2 7 (70.00%) Finance
3 6 (60.00%) Stakeholder Management
4 2 (20.00%) Business Analysis
4 2 (20.00%) Project Management
5 1 (10.00%) Online Banking
5 1 (10.00%) Project Planning
5 1 (10.00%) Test Management
5 1 (10.00%) Test Automation
5 1 (10.00%) Stakeholder Engagement
5 1 (10.00%) TSYS
5 1 (10.00%) Process Improvement
5 1 (10.00%) Change Control
5 1 (10.00%) Test Strategy
5 1 (10.00%) Relational Database
5 1 (10.00%) Test Planning
5 1 (10.00%) Analytical Skills
5 1 (10.00%) Cybercrime
5 1 (10.00%) Process Management
5 1 (10.00%) SQL
5 1 (10.00%) Oracle
5 1 (10.00%) Data Warehouse
5 1 (10.00%) ATM
5 1 (10.00%) RDBMS
5 1 (10.00%) Internet
5 1 (10.00%) Six Sigma
5 1 (10.00%) Systems Analysis

Retail Banking
Top Related IT Skills in Tyne and Wear by Category

For the 6 months to 31 July 2015, IT contractor jobs across the Tyne and Wear region citing Retail 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 Retail Banking. Up to 20 skills are shown per category.

Communications & Networking
1 1 (10.00%) ATM
1 1 (10.00%) Internet
Database & Business Intelligence
1 1 (10.00%) Data Warehouse
1 1 (10.00%) RDBMS
1 1 (10.00%) Relational Database
General
1 10 (100.00%) Banking
1 10 (100.00%) Retail
2 7 (70.00%) Finance
Job Titles
1 5 (50.00%) Analyst
1 5 (50.00%) Project Manager
2 4 (40.00%) Business Analyst
3 1 (10.00%) Test Analyst
3 1 (10.00%) Senior Analyst
3 1 (10.00%) Senior Test Analyst
3 1 (10.00%) Financial Business Analyst
3 1 (10.00%) IT Business Analyst
3 1 (10.00%) Financial Services Business Analyst
Miscellaneous
1 1 (10.00%) Online Banking
1 1 (10.00%) Analytical Skills
1 1 (10.00%) Cybercrime
Processes & Methodologies
1 6 (60.00%) Stakeholder Management
2 2 (20.00%) Project Management
2 2 (20.00%) Business Analysis
3 1 (10.00%) Project Planning
3 1 (10.00%) Test Management
3 1 (10.00%) Test Automation
3 1 (10.00%) Stakeholder Engagement
3 1 (10.00%) Process Improvement
3 1 (10.00%) Change Control
3 1 (10.00%) Test Strategy
3 1 (10.00%) Test Planning
3 1 (10.00%) Process Management
3 1 (10.00%) Systems Analysis
3 1 (10.00%) Six Sigma
Programming Languages
1 1 (10.00%) SQL
Vendors
1 1 (10.00%) Oracle
1 1 (10.00%) TSYS