Period
to 23 October 2018

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in the North East. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 23 October 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
England > North East
6 months to
23 Oct 2018
Same period 2017 Same period 2016
Rank 77 87 132
Rank change year-on-year +10 +45 -65
Contract jobs citing Banking 22 10 42
As % of all contract IT jobs advertised in the North East 1.81% 0.81% 1.45%
As % of the General category 10.48% 4.93% 9.84%
Number of daily rates quoted 19 9 30
North East median daily rate £450 £115 £350
Median daily rate % change year-on-year +291.30% -67.14% -22.22%
10th Percentile £152 £115 £105
90th Percentile £675 £405 £465
England median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -
Number of hourly rates quoted 0 0 0
North East median hourly rate - - -
England median hourly rate £18.70 £15.00 £21.00
% change year-on-year +24.67% -28.57% +16.67%

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 the North East with a requirement for common skills.

All General Skills
North East
Contract vacancies with a requirement for common skills 210 203 427
As % of all contract IT jobs advertised in the North East 17.31% 16.46% 14.76%
Number of daily rates quoted 144 136 306
North East median daily rate £404 £350 £375
Median daily rate % change year-on-year +15.29% -6.67% -9.64%
10th Percentile £213 £213 £213
90th Percentile £638 £597 £544
England median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +4.65%
Number of hourly rates quoted 6 4 8
North East median hourly rate £15.45 £30.25 £27.00
Median hourly rate % change year-on-year -48.93% +12.04% +100.00%
10th Percentile £12.09 £22.85 £10.98
90th Percentile £26.25 £43.08 £31.58
England median hourly rate £24.00 £26.22 £23.00
% change year-on-year -8.47% +14.00% -

Banking
Job Vacancy Trend in the North East

Job postings citing Banking as a percentage of all IT jobs advertised in the North East.

Job vacancy trend for Banking in the North East

Banking
Contractor Daily Rate Trend in the North East

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in the North East.

Contractor daily rate trend for Banking in the North East

Banking
Contractor Daily Rate Histogram in the North East

The daily rate distribution of IT jobs citing Banking in the North East over the 6 months to 23 October 2018.

Contractor daily rate histogram for Banking in the North East

Banking
Contractor Hourly Rate Trend in the North East

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

Contractor hourly rate trend for Banking in the North East

Banking
Contract Job Locations in the North East

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the North East region over the 6 months to 23 October 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Tyne and Wear +12 16 £498 +332.61% 4
Durham -11 4 £310 +169.57%
Banking
England

For the 6 months to 23 October 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 North East region with a requirement for Banking.

1 12 (54.55%) Finance
2 6 (27.27%) SQL
3 5 (22.73%) Python
3 5 (22.73%) SAS
3 5 (22.73%) SPSS
3 5 (22.73%) Validation
3 5 (22.73%) Financial Institution
3 5 (22.73%) Agile Software Development
3 5 (22.73%) Statistics
3 5 (22.73%) Degree
3 5 (22.73%) Mathematics
3 5 (22.73%) Physics
3 5 (22.73%) Computer Science
3 5 (22.73%) Credit Risk
3 5 (22.73%) Stress Testing
3 5 (22.73%) Financial Modelling
3 5 (22.73%) R
3 5 (22.73%) Analytics
3 5 (22.73%) IFRS
3 5 (22.73%) IFRS 9
3 5 (22.73%) Master's Degree
4 4 (18.18%) Machine Learning
4 4 (18.18%) Big Data
5 3 (13.64%) Project Management
5 3 (13.64%) JIRA
6 2 (9.09%) Zephyr
6 2 (9.09%) Test Management
6 2 (9.09%) Test Scripting
6 2 (9.09%) Test Automation
6 2 (9.09%) HP Quality Center

Banking
Co-occurring IT Skills in the North East 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 5 (22.73%) SAS
2 1 (4.55%) Confluence
2 1 (4.55%) SharePoint
Applications
1 5 (22.73%) SPSS
2 2 (9.09%) Microsoft Office
3 1 (4.55%) Microsoft Excel
3 1 (4.55%) Microsoft PowerPoint
3 1 (4.55%) Microsoft Project
3 1 (4.55%) MS Visio
Communications & Networking
1 1 (4.55%) Unified Communications
Database & Business Intelligence
1 4 (18.18%) Big Data
2 1 (4.55%) SQL Server
2 1 (4.55%) SQL Server Integration Services
2 1 (4.55%) SQL Server Reporting Services
Development Applications
1 3 (13.64%) JIRA
2 2 (9.09%) Zephyr
General
1 12 (54.55%) Finance
2 5 (22.73%) Financial Institution
3 2 (9.09%) Retail
3 2 (9.09%) Retail Banking
Job Titles
1 12 (54.55%) Analyst
2 5 (22.73%) Senior Analyst
3 4 (18.18%) Business Analyst
4 3 (13.64%) Project Manager
5 2 (9.09%) Banking Analyst
5 2 (9.09%) ITIL Service Analyst
5 2 (9.09%) Qualitative Analyst
5 2 (9.09%) Quantitative Analyst
5 2 (9.09%) Senior Quantitative Analyst
5 2 (9.09%) Support Analyst
5 2 (9.09%) Test Manager
6 1 (4.55%) 1st Line Support Analyst
6 1 (4.55%) Agile Business Analyst
6 1 (4.55%) Banking Project Manager
6 1 (4.55%) Call Centre Business Analyst
6 1 (4.55%) Call Centre Project Manager
6 1 (4.55%) Cloud Architect
6 1 (4.55%) DevOps Engineer
6 1 (4.55%) Linux/Unix DevOps
6 1 (4.55%) Telephony Project Manager
Libraries, Frameworks & Software Standards
1 1 (4.55%) .NET
1 1 (4.55%) ASP.NET
1 1 (4.55%) Middleware
Miscellaneous
1 5 (22.73%) Computer Science
1 5 (22.73%) Credit Risk
2 1 (4.55%) Analytical Skills
2 1 (4.55%) Private Cloud
2 1 (4.55%) User Experience
Operating Systems
1 1 (4.55%) Linux
1 1 (4.55%) Unix
1 1 (4.55%) VME
1 1 (4.55%) Windows
Processes & Methodologies
1 5 (22.73%) Agile Software Development
1 5 (22.73%) Analytics
1 5 (22.73%) Financial Modelling
1 5 (22.73%) Mathematics
1 5 (22.73%) Physics
1 5 (22.73%) Statistics
1 5 (22.73%) Stress Testing
1 5 (22.73%) Validation
2 4 (18.18%) Machine Learning
3 3 (13.64%) Project Management
4 2 (9.09%) Incident Management
4 2 (9.09%) ITIL
4 2 (9.09%) ITSM
4 2 (9.09%) Migration
4 2 (9.09%) Scrum
4 2 (9.09%) Service Management
4 2 (9.09%) Stakeholder Management
4 2 (9.09%) Test Automation
4 2 (9.09%) Test Management
4 2 (9.09%) Test Scripting
Programming Languages
1 6 (27.27%) SQL
2 5 (22.73%) Python
2 5 (22.73%) R
3 1 (4.55%) C#
3 1 (4.55%) COBOL
3 1 (4.55%) Java
3 1 (4.55%) T-SQL
Qualifications
1 5 (22.73%) Degree
1 5 (22.73%) Master's Degree
Quality Assurance & Compliance
1 5 (22.73%) IFRS
1 5 (22.73%) IFRS 9
2 2 (9.09%) SLA
3 1 (4.55%) ISO/IEC 27001
3 1 (4.55%) QA
Systems Management
1 2 (9.09%) HP Quality Center
2 1 (4.55%) HP ALM
Vendors
1 2 (9.09%) Avaya
1 2 (9.09%) Cisco
1 2 (9.09%) HP
1 2 (9.09%) Microsoft
1 2 (9.09%) ServiceNow
2 1 (4.55%) Apple
2 1 (4.55%) FIS
2 1 (4.55%) Fujitsu
2 1 (4.55%) Google
2 1 (4.55%) ICL
2 1 (4.55%) Samsung
2 1 (4.55%) TSYS
2 1 (4.55%) WorldPay