Period
to 14 December 2018

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 6 months to 14 December 2018 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
6 months to
14 Dec 2018
Same period 2017 Same period 2016
Rank 74 77 110
Rank change year-on-year +3 +33 -49
Contract jobs citing Banking 13 13 33
As % of all contract IT jobs advertised in Newcastle upon Tyne 1.48% 1.47% 1.57%
As % of the General category 8.23% 8.84% 10.71%
Number of daily rates quoted 13 7 23
Newcastle upon Tyne median daily rate £425 £115 £275
Median daily rate % change year-on-year +269.57% -58.18% -37.50%
10th Percentile £166 £115 £102
90th Percentile £675 £910 £437
Tyne and Wear median daily rate £450 £170 £275
% change year-on-year +164.71% -38.18% -37.50%
Number of hourly rates quoted 0 0 0
Newcastle upon Tyne median hourly rate - - -
Tyne and Wear median hourly rate - - -

Banking is in the General Skills category. The following 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.

All General Skills
Newcastle upon Tyne
Contract vacancies with a requirement for common skills 158 147 308
As % of all contract IT jobs advertised in Newcastle upon Tyne 18.02% 16.63% 14.69%
Number of daily rates quoted 116 102 232
Newcastle upon Tyne median daily rate £403 £350 £375
Median daily rate % change year-on-year +15.00% -6.67% -6.25%
10th Percentile £266 £225 £243
90th Percentile £613 £638 £562
Tyne and Wear median daily rate £400 £350 £380
% change year-on-year +14.29% -7.89% -5.00%
Number of hourly rates quoted 4 3 2
Newcastle upon Tyne median hourly rate £18.14 £17.10 £30.61
Median hourly rate % change year-on-year +6.08% -44.14% +91.31%
10th Percentile £13.53 £15.21 £27.90
90th Percentile £38.88 £105.43 £33.12
Tyne and Wear median hourly rate £28.50 £17.10 £30.61
% change year-on-year +66.67% -44.14% +91.31%

Banking
Job Vacancy Trend in Newcastle upon Tyne

Job postings citing Banking as a percentage of all IT jobs advertised in Newcastle upon Tyne.

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 6 months to 14 December 2018.

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 14 December 2018, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Newcastle upon Tyne region with a requirement for Banking.

1 10 (76.92%) Finance
2 5 (38.46%) SQL
3 4 (30.77%) Python
3 4 (30.77%) SAS
3 4 (30.77%) SPSS
3 4 (30.77%) Validation
3 4 (30.77%) Agile Software Development
3 4 (30.77%) Financial Institution
3 4 (30.77%) Degree
3 4 (30.77%) Mathematics
3 4 (30.77%) Physics
3 4 (30.77%) Computer Science
3 4 (30.77%) Credit Risk
3 4 (30.77%) Stress Testing
3 4 (30.77%) Financial Modelling
3 4 (30.77%) Statistics
3 4 (30.77%) R
3 4 (30.77%) Analytics
3 4 (30.77%) IFRS
3 4 (30.77%) IFRS 9
3 4 (30.77%) Master's Degree
4 3 (23.08%) User-Centered Design (UCD)
4 3 (23.08%) Digital Transformation Programme
4 3 (23.08%) User Experience
4 3 (23.08%) Machine Learning
4 3 (23.08%) Big Data
5 1 (7.69%) DevOps
5 1 (7.69%) Innovative Thinking
5 1 (7.69%) Proactive Management
5 1 (7.69%) Retail Banking

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 4 (30.77%) SAS
Applications
1 4 (30.77%) SPSS
2 1 (7.69%) Microsoft Office
Database & Business Intelligence
1 3 (23.08%) Big Data
2 1 (7.69%) SQL Server
2 1 (7.69%) SQL Server Integration Services
2 1 (7.69%) SQL Server Reporting Services
General
1 10 (76.92%) Finance
2 4 (30.77%) Financial Institution
3 1 (7.69%) Retail Banking
Job Titles
1 11 (84.62%) Analyst
2 4 (30.77%) Business Analyst
2 4 (30.77%) Senior Analyst
3 3 (23.08%) Agile Business Analyst
4 2 (15.38%) Qualitative Analyst
4 2 (15.38%) Quantitative Analyst
4 2 (15.38%) Senior Quantitative Analyst
5 1 (7.69%) 1st Line Support
5 1 (7.69%) 1st Line Support Analyst
5 1 (7.69%) Banking Analyst
5 1 (7.69%) C# Developer
5 1 (7.69%) Developer
5 1 (7.69%) DevOps Engineer
5 1 (7.69%) Help Desk Analyst
5 1 (7.69%) IT Analyst
5 1 (7.69%) ITIL Service Analyst
5 1 (7.69%) Linux DevOps Engineer
5 1 (7.69%) Linux Engineer
5 1 (7.69%) Linux/Unix DevOps
5 1 (7.69%) Support Analyst
Libraries, Frameworks & Software Standards
1 1 (7.69%) .NET
1 1 (7.69%) ASP.NET
Miscellaneous
1 4 (30.77%) Credit Risk
2 3 (23.08%) User Experience
Operating Systems
1 1 (7.69%) Linux
1 1 (7.69%) Unix
Processes & Methodologies
1 4 (30.77%) Agile Software Development
1 4 (30.77%) Analytics
1 4 (30.77%) Computer Science
1 4 (30.77%) Financial Modelling
1 4 (30.77%) Mathematics
1 4 (30.77%) Physics
1 4 (30.77%) Statistics
1 4 (30.77%) Stress Testing
1 4 (30.77%) Validation
2 3 (23.08%) Digital Transformation Programme
2 3 (23.08%) Machine Learning
2 3 (23.08%) User-Centered Design (UCD)
3 1 (7.69%) Business Analysis
3 1 (7.69%) DevOps
3 1 (7.69%) Incident Management
3 1 (7.69%) Innovative Thinking
3 1 (7.69%) ITSM
3 1 (7.69%) Proactive Management
3 1 (7.69%) Scrum
3 1 (7.69%) Service Management
Programming Languages
1 5 (38.46%) SQL
2 4 (30.77%) Python
2 4 (30.77%) R
3 1 (7.69%) C#
3 1 (7.69%) Java
3 1 (7.69%) T-SQL
Qualifications
1 4 (30.77%) Degree
1 4 (30.77%) Master's Degree
Quality Assurance & Compliance
1 4 (30.77%) IFRS
1 4 (30.77%) IFRS 9
2 1 (7.69%) SLA
Vendors
1 1 (7.69%) Avaya
1 1 (7.69%) Cisco
1 1 (7.69%) Microsoft
1 1 (7.69%) ServiceNow