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 3 months to 28 April 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
England / North East
3 months to
28 Apr 2017
Same period 2016 Same period 2015
Rank 61 82 55
Rank change year-on-year +21 -27  
Contract jobs citing Banking 15 11 7
As % of all contract IT jobs advertised in the North East 2.26% 0.98% 0.95%
As % of the General category 12.50% 5.34% 4.12%
Number of daily rates quoted 14 10 2
Median daily rate £475 £225 £493
Median daily rate % change year-on-year +111.11% -54.31%  
90% offered a daily rate of more than £179 £177 £419
10% offered a daily rate of more than £965 £900 £567
UK excluding London median daily rate £425 £413 £421
% change year-on-year +2.90% -1.78%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £17.75 £9.82 £10.44
% change year-on-year +80.84% -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 the North East with a requirement for common skills.

General Skills
North East
Contract job vacancies with a requirement for common skills 120 206 170
As % of all contract IT job vacancies advertised in the North East 18.05% 18.41% 23.13%
Number of daily rates quoted 93 124 100
Median daily rate £358 £339 £325
Median daily rate % change year-on-year +5.53% +4.23%  
90% offered a daily rate of more than £230 £201 £245
10% offered a daily rate of more than £550 £540 £492
UK excluding London median daily rate £420 £400 £400
% change year-on-year +5.00% -  
Number of hourly rates quoted 5 9 14
Median hourly rate £24.50 £25.25 £12.50
Median hourly rate % change year-on-year -2.97% +102.00%  
90% offered a hourly rate of more than £15.80 £12.95 £10.85
10% offered a hourly rate of more than £28.10 £37.50 £34.40
UK excluding London median hourly rate £29.75 £29.00 £25.00
% change year-on-year +2.58% +16.00%  

Banking
Job Vacancy Trend in the North East

The job posting trend of jobs advertised in the North East 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 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 3 months to 28 April 2017.

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 3 months to 28 April 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Tyne and Wear +25 13 £475 +111.11% 1
Durham -4 1 - - 2
Banking
England

For the 6 months to 28 April 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 North East region with a requirement for Banking.

1 12 (52.17%) Retail
2 10 (43.48%) Retail Banking
3 9 (39.13%) Finance
4 5 (21.74%) Digital Transformation Programme
5 4 (17.39%) PMO
5 4 (17.39%) Marketing
6 3 (13.04%) Agile Software Development
6 3 (13.04%) Change Management
6 3 (13.04%) ITIL
6 3 (13.04%) Copywriting
6 3 (13.04%) Problem Management
6 3 (13.04%) Content Marketing
6 3 (13.04%) Greenfield Project
6 3 (13.04%) Typography
6 3 (13.04%) Analytics
7 2 (8.70%) Mobile App
7 2 (8.70%) ServiceNow
7 2 (8.70%) Analytical Skills
7 2 (8.70%) Anti-Money Laundering
7 2 (8.70%) CMDB
7 2 (8.70%) Investment Management
7 2 (8.70%) Open Source
7 2 (8.70%) Hedge funds
7 2 (8.70%) PRINCE2
7 2 (8.70%) General Ledger
7 2 (8.70%) Knowledge Management
7 2 (8.70%) Incident Management
7 2 (8.70%) Stakeholder Management
8 1 (4.35%) CMS
8 1 (4.35%) Hibernate

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 1 (4.35%) CMS
1 1 (4.35%) SAS
1 1 (4.35%) WebSphere
Applications
1 1 (4.35%) Microsoft Excel
1 1 (4.35%) Microsoft PowerPoint
Business Applications
1 1 (4.35%) SAP CO
1 1 (4.35%) SAP FI
1 1 (4.35%) SAP FI/CO
Cloud Services
1 1 (4.35%) IaaS
1 1 (4.35%) PaaS
1 1 (4.35%) SaaS
Database & Business Intelligence
1 1 (4.35%) Base SAS
1 1 (4.35%) Big Data
Development Applications
1 1 (4.35%) jMock
1 1 (4.35%) JUnit
1 1 (4.35%) Mockito
General
1 12 (52.17%) Retail
2 10 (43.48%) Retail Banking
3 9 (39.13%) Finance
4 4 (17.39%) Marketing
5 2 (8.70%) General Ledger
6 1 (4.35%) Financial Institution
6 1 (4.35%) Legal
6 1 (4.35%) Manufacturing
6 1 (4.35%) Telecoms
Job Titles
1 9 (39.13%) Analyst
2 5 (21.74%) Business Analyst
3 4 (17.39%) Project Manager
4 3 (13.04%) Banking Analyst
4 3 (13.04%) Banking Project Manager
4 3 (13.04%) Copywriter
4 3 (13.04%) Developer
5 2 (8.70%) AML Business Analyst
5 2 (8.70%) Digital Copywriter
5 2 (8.70%) Marketing Copywriter
5 2 (8.70%) PMO Analyst
5 2 (8.70%) PMO Director
5 2 (8.70%) ServiceNow Developer
6 1 (4.35%) 3rd Line Support Analyst
6 1 (4.35%) Android Developer
6 1 (4.35%) Data Protection Analyst
6 1 (4.35%) Fraud Business Analyst
6 1 (4.35%) Operations Support Analyst
6 1 (4.35%) Pricing Analyst
6 1 (4.35%) Scrum Master
Libraries, Frameworks & Software Standards
1 1 (4.35%) Hibernate
1 1 (4.35%) HTML
1 1 (4.35%) J2EE
1 1 (4.35%) SOAP
1 1 (4.35%) Spring
1 1 (4.35%) Spring MVC
1 1 (4.35%) XML
Miscellaneous
1 3 (13.04%) Greenfield Project
2 2 (8.70%) Analytical Skills
2 2 (8.70%) CMDB
2 2 (8.70%) Hedge funds
2 2 (8.70%) Mobile App
3 1 (4.35%) Credit Risk
3 1 (4.35%) Data Protection Act
3 1 (4.35%) Data Structures
3 1 (4.35%) Management Information System
3 1 (4.35%) Taxonomies
3 1 (4.35%) User Experience
Operating Systems
1 1 (4.35%) AIX
1 1 (4.35%) Android
1 1 (4.35%) Linux
1 1 (4.35%) Unix
1 1 (4.35%) Windows
1 1 (4.35%) Windows 2000
1 1 (4.35%) Windows XP
Processes & Methodologies
1 5 (21.74%) Digital Transformation Programme
2 3 (13.04%) Agile Software Development
2 3 (13.04%) Analytics
2 3 (13.04%) Change Management
2 3 (13.04%) Content Marketing
2 3 (13.04%) Copywriting
2 3 (13.04%) ITIL
2 3 (13.04%) Problem Management
2 3 (13.04%) Typography
3 2 (8.70%) Anti-Money Laundering
3 2 (8.70%) Incident Management
3 2 (8.70%) Investment Management
3 2 (8.70%) Knowledge Management
3 2 (8.70%) Open Source
3 2 (8.70%) PRINCE2
3 2 (8.70%) Stakeholder Management
4 1 (4.35%) Mathematics
4 1 (4.35%) Mobile Application Development
4 1 (4.35%) Statistical Modelling
4 1 (4.35%) Web Application Development
Programming Languages
1 1 (4.35%) Java
1 1 (4.35%) JavaScript
Quality Assurance & Compliance
1 4 (17.39%) PMO
2 1 (4.35%) Data Quality
Vendors
1 2 (8.70%) ServiceNow
2 1 (4.35%) Microsoft
2 1 (4.35%) Oracle
2 1 (4.35%) SAP
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Posted: 9 days ago