Period
to 11 December 2017

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 11 December 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
6 months to
11 Dec 2017
Same period 2016 Same period 2015
Rank 80 124 63
Rank change year-on-year +44 -61 +14
Contract jobs citing Banking 17 38 66
As % of all contract IT jobs advertised in the North East 1.40% 1.47% 3.22%
As % of the General category 7.52% 9.20% 13.69%
Number of daily rates quoted 10 27 52
North East median daily rate £115 £330 £440
Median daily rate % change year-on-year -65.15% -25.00% +25.71%
England median daily rate £525 £500 £500
% change year-on-year +5.00% - +5.15%
Number of hourly rates quoted 0 0 1
North East median hourly rate - - £18.00
England median hourly rate £15.00 £30.00 £21.00
% change year-on-year -50.00% +42.86% +13.51%

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 226 413 482
As % of all contract IT jobs advertised in the North East 18.57% 15.99% 23.51%
Number of daily rates quoted 141 291 298
North East median daily rate £350 £388 £422
Median daily rate % change year-on-year -9.68% -8.07% +16.99%
10th Percentile £225 £250 £260
90th Percentile £625 £563 £575
England median daily rate £475 £450 £435
% change year-on-year +5.56% +3.45% +2.35%
Number of hourly rates quoted 6 4 19
North East median hourly rate £32.00 £27.00 £14.20
Median hourly rate % change year-on-year +18.52% +90.14% -5.33%
10th Percentile £15.90 £16.08 £9.90
90th Percentile £87.67 £31.93 £46.35
England median hourly rate £26.44 £24.44 £25.00
% change year-on-year +8.18% -2.24% +11.11%

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 11 December 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 6 months to 11 December 2017. 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 +38 14 £170 -39.29%
Durham +6 3 £115 +10.84% 3
Banking
England

For the 6 months to 11 December 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 (70.59%) Finance
2 10 (58.82%) ITIL
3 9 (52.94%) Linux
3 9 (52.94%) Middleware
3 9 (52.94%) Change Management
3 9 (52.94%) JSON
3 9 (52.94%) RESTful
3 9 (52.94%) High Availability
3 9 (52.94%) CMDB
3 9 (52.94%) Identity Access Management
3 9 (52.94%) Web Services
4 2 (11.76%) GDPR
4 2 (11.76%) Retail Banking
4 2 (11.76%) Stakeholder Management
4 2 (11.76%) Project Management
4 2 (11.76%) ATM
4 2 (11.76%) EPoS
5 1 (5.88%) C
5 1 (5.88%) Oracle
5 1 (5.88%) Microsoft Excel
5 1 (5.88%) MS Visio
5 1 (5.88%) ITSM
5 1 (5.88%) Workflow
5 1 (5.88%) Service Management
5 1 (5.88%) Service Delivery
5 1 (5.88%) Billing
5 1 (5.88%) Investment Banking
5 1 (5.88%) Migration
5 1 (5.88%) Programme Management
5 1 (5.88%) Microsoft PowerPoint

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:

Applications
1 1 (5.88%) Microsoft Excel
1 1 (5.88%) Microsoft PowerPoint
1 1 (5.88%) MS Visio
1 1 (5.88%) Spreadsheet
Business Applications
1 1 (5.88%) Oracle Utilities
Communications & Networking
1 2 (11.76%) ATM
General
1 12 (70.59%) Finance
2 2 (11.76%) Retail Banking
3 1 (5.88%) Billing
3 1 (5.88%) Investment Banking
Job Titles
1 9 (52.94%) Technical Leader
1 9 (52.94%) Technical Support
2 2 (11.76%) ATM Engineer
2 2 (11.76%) Change Manager
2 2 (11.76%) Contracts Manager
3 1 (5.88%) Administrator
3 1 (5.88%) Head of IT
3 1 (5.88%) Head of IT Operations
3 1 (5.88%) Head of IT Services
3 1 (5.88%) Head of Operations
3 1 (5.88%) Oracle Programme Manager
3 1 (5.88%) PMO Administrator
3 1 (5.88%) Programme Director
3 1 (5.88%) Programme Manager
3 1 (5.88%) Service Manager
Libraries, Frameworks & Software Standards
1 9 (52.94%) JSON
1 9 (52.94%) Middleware
1 9 (52.94%) RESTful
1 9 (52.94%) Web Services
Miscellaneous
1 9 (52.94%) CMDB
2 2 (11.76%) EPoS
Operating Systems
1 9 (52.94%) Linux
Processes & Methodologies
1 10 (58.82%) ITIL
2 9 (52.94%) Change Management
2 9 (52.94%) High Availability
2 9 (52.94%) Identity Access Management
3 2 (11.76%) Project Management
3 2 (11.76%) Stakeholder Management
4 1 (5.88%) Business Transformation
4 1 (5.88%) Continuous Improvement
4 1 (5.88%) Cybersecurity
4 1 (5.88%) Data Loss Prevention
4 1 (5.88%) ITSM
4 1 (5.88%) Migration
4 1 (5.88%) Network Segmentation
4 1 (5.88%) Portfolio Management
4 1 (5.88%) Privileged Access Management
4 1 (5.88%) Process Improvement
4 1 (5.88%) Programme Management
4 1 (5.88%) Service Delivery
4 1 (5.88%) Service Management
4 1 (5.88%) Workflow
Programming Languages
1 1 (5.88%) C
Quality Assurance & Compliance
1 2 (11.76%) GDPR
2 1 (5.88%) PMO
Vendors
1 1 (5.88%) Oracle