The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Newcastle upon Tyne. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 3 months to 24 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Banking
Tyne and Wear / Newcastle upon Tyne
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 34 111 48
Rank change year-on-year +77 -63  
Contract jobs citing Banking 9 13 9
As % of all contract IT jobs advertised in Newcastle upon Tyne 2.64% 0.98% 1.60%
As % of the General category 15.00% 7.30% 9.18%
Number of daily rates quoted 9 9 7
Median daily rate £550 £410 £475
Median daily rate % change year-on-year +34.14% -13.68%  
90% offered a daily rate of more than £198 £225 £386
10% offered a daily rate of more than £1,100 £423 £549
UK excluding London median daily rate £413 £410 £402
% change year-on-year +0.60% +2.11%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £13.00 £9.82 £10.44
% change year-on-year +32.45% -5.98%  

Banking is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Newcastle upon Tyne with a requirement for common skills.

General Skills
Newcastle upon Tyne
Contract job vacancies with a requirement for common skills 60 178 98
As % of all contract IT job vacancies advertised in Newcastle upon Tyne 17.60% 13.35% 17.38%
Number of daily rates quoted 49 118 65
Median daily rate £350 £330 £347
Median daily rate % change year-on-year +6.06% -5.03%  
90% offered a daily rate of more than £189 £220 £250
10% offered a daily rate of more than £650 £485 £525
UK excluding London median daily rate £415 £400 £400
% change year-on-year +3.75% -  
Number of hourly rates quoted 5 7 11
Median hourly rate £32.00 £27.75 £13.00
Median hourly rate % change year-on-year +15.31% +113.46%  
90% offered a hourly rate of more than £26.30 £10.00 £11.00
10% offered a hourly rate of more than £47.83 £28.15 £13.50
UK excluding London median hourly rate £30.00 £24.38 £22.67
% change year-on-year +23.07% +7.54%  

Banking
Job Vacancy Trend in Newcastle upon Tyne

The job posting trend of jobs advertised in Newcastle upon Tyne citing Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Banking in Newcastle upon Tyne

Banking
Contractor Daily Rate Trend in Newcastle upon Tyne

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in Newcastle upon Tyne.

Contractor daily rate trend for Banking in Newcastle upon Tyne

Banking
Contractor Daily Rate Histogram in Newcastle upon Tyne

The daily rate distribution of IT jobs citing Banking in Newcastle upon Tyne over the 3 months to 24 June 2017.

Contractor daily rate histogram for Banking in Newcastle upon Tyne

Banking
Contractor Hourly Rate Trend in Newcastle upon Tyne

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in Newcastle upon Tyne.

Contractor hourly rate trend for Banking in Newcastle upon Tyne

For the 6 months to 24 June 2017, 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 Newcastle upon Tyne region with a requirement for Banking.

1 7 (43.75%) Retail
1 7 (43.75%) Retail Banking
2 5 (31.25%) Digital Transformation Programme
2 5 (31.25%) Finance
3 4 (25.00%) Copywriting
3 4 (25.00%) Typography
3 4 (25.00%) PMO
3 4 (25.00%) Content Marketing
3 4 (25.00%) Marketing
4 3 (18.75%) Greenfield Project
5 2 (12.50%) Agile Software Development
5 2 (12.50%) Mobile App
5 2 (12.50%) Cybersecurity
6 1 (6.25%) ServiceNow
6 1 (6.25%) Android Development
6 1 (6.25%) User Experience
6 1 (6.25%) Front End Development
6 1 (6.25%) Mobile Application Development
6 1 (6.25%) CMDB
6 1 (6.25%) Taxonomies
6 1 (6.25%) Open Source Development
6 1 (6.25%) Wireframes
6 1 (6.25%) Data Loss Prevention
6 1 (6.25%) Network Segmentation
6 1 (6.25%) Privileged Access Management
6 1 (6.25%) TDD
6 1 (6.25%) Spring
6 1 (6.25%) General Ledger
6 1 (6.25%) Knowledge Management
6 1 (6.25%) Incident Management

Banking
Co-occurring IT Skills in Newcastle upon Tyne 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 1 (6.25%) CMS
Development Applications
1 1 (6.25%) jMock
1 1 (6.25%) JUnit
1 1 (6.25%) Mockito
General
1 7 (43.75%) Retail
1 7 (43.75%) Retail Banking
2 5 (31.25%) Finance
3 4 (25.00%) Marketing
4 1 (6.25%) Financial Institution
4 1 (6.25%) General Ledger
4 1 (6.25%) Legal
Job Titles
1 4 (25.00%) Analyst
1 4 (25.00%) Copywriter
2 3 (18.75%) Banking Analyst
2 3 (18.75%) Digital Copywriter
2 3 (18.75%) Marketing Copywriter
3 2 (12.50%) Banking Project Manager
3 2 (12.50%) Business Analyst
3 2 (12.50%) Developer
3 2 (12.50%) PMO Analyst
3 2 (12.50%) PMO Director
3 2 (12.50%) Project Manager
4 1 (6.25%) Android Developer
4 1 (6.25%) Cybersecurity Manager
4 1 (6.25%) IT Analyst
4 1 (6.25%) Programme Director
4 1 (6.25%) Project Manager - Cybersecurity
4 1 (6.25%) Retail Banking Business Analyst
4 1 (6.25%) Scrum Master
4 1 (6.25%) Security Manager
4 1 (6.25%) ServiceNow Developer
Libraries, Frameworks & Software Standards
1 1 (6.25%) Hibernate
1 1 (6.25%) HTML
1 1 (6.25%) J2EE
1 1 (6.25%) SOAP
1 1 (6.25%) Spring
1 1 (6.25%) Spring MVC
1 1 (6.25%) XML
Miscellaneous
1 3 (18.75%) Greenfield Project
2 2 (12.50%) Mobile App
3 1 (6.25%) CMDB
3 1 (6.25%) Hedge funds
3 1 (6.25%) Taxonomies
3 1 (6.25%) User Experience
Operating Systems
1 1 (6.25%) Android
Processes & Methodologies
1 5 (31.25%) Digital Transformation Programme
2 4 (25.00%) Content Marketing
2 4 (25.00%) Copywriting
2 4 (25.00%) Typography
3 2 (12.50%) Agile Software Development
3 2 (12.50%) Cybersecurity
4 1 (6.25%) Analytics
4 1 (6.25%) Change Management
4 1 (6.25%) Incident Management
4 1 (6.25%) Investment Management
4 1 (6.25%) ITIL
4 1 (6.25%) Knowledge Management
4 1 (6.25%) Mobile Application Development
4 1 (6.25%) MVC
4 1 (6.25%) Open Source
4 1 (6.25%) Problem Management
4 1 (6.25%) SOA
4 1 (6.25%) TDD
4 1 (6.25%) Web Application Development
4 1 (6.25%) Workflow
Programming Languages
1 1 (6.25%) C
1 1 (6.25%) Java
1 1 (6.25%) JavaScript
Quality Assurance & Compliance
1 4 (25.00%) PMO
Vendors
1 1 (6.25%) Oracle
1 1 (6.25%) ServiceNow