Period
to 23 January 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 January 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 Jan 2018
Same period 2017 Same period 2016
Rank 78 123 68
Rank change year-on-year +45 -55 +9
Contract jobs citing Banking 23 26 58
As % of all contract IT jobs advertised in the North East 1.88% 1.12% 2.98%
As % of the General category 10.60% 7.14% 12.21%
Number of daily rates quoted 11 22 45
North East median daily rate £115 £308 £450
Median daily rate % change year-on-year -62.60% -31.67% +28.57%
England median daily rate £525 £500 £500
% change year-on-year +5.00% - +2.56%
Number of hourly rates quoted 0 0 1
North East median hourly rate - - £18.00
England median hourly rate £15.00 £30.00 £25.00
% change year-on-year -50.00% +20.00% +39.80%

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 217 364 475
As % of all contract IT jobs advertised in the North East 17.71% 15.65% 24.37%
Number of daily rates quoted 134 259 308
North East median daily rate £366 £400 £423
Median daily rate % change year-on-year -8.44% -5.49% +18.71%
10th Percentile £225 £263 £262
90th Percentile £615 £565 £581
England median daily rate £475 £450 £438
% change year-on-year +5.56% +2.86% +2.94%
Number of hourly rates quoted 4 2 20
North East median hourly rate £29.80 £22.53 £14.10
Median hourly rate % change year-on-year +32.30% +59.75% -59.71%
10th Percentile £15.44 £13.57 £9.95
90th Percentile £102.38 £31.48 £46.05
England median hourly rate £26.00 £25.00 £26.00
% change year-on-year +4.00% -3.85% +14.59%

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 January 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 January 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 +47 20 £295 +9.26% 8
Durham 0 3 £115 +10.84% 4
Banking
England

For the 6 months to 23 January 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 17 (73.91%) Finance
2 13 (56.52%) Linux
3 10 (43.48%) ITIL
4 9 (39.13%) Web Services
4 9 (39.13%) Middleware
4 9 (39.13%) Change Management
4 9 (39.13%) JSON
4 9 (39.13%) CMDB
4 9 (39.13%) High Availability
4 9 (39.13%) RESTful
4 9 (39.13%) Identity Access Management
5 5 (21.74%) Investment Management
6 4 (17.39%) OpenMP
6 4 (17.39%) Bash Shell
6 4 (17.39%) Ansible
6 4 (17.39%) DevOps
6 4 (17.39%) InfiniBand
6 4 (17.39%) GPFS
6 4 (17.39%) SUSE
6 4 (17.39%) Grid Computing
6 4 (17.39%) NetApp
6 4 (17.39%) Red Hat
7 3 (13.04%) Retail Banking
8 2 (8.70%) EPoS
8 2 (8.70%) ATM
8 2 (8.70%) Project Management
8 2 (8.70%) Migration
8 2 (8.70%) Stakeholder Management
8 2 (8.70%) GDPR
9 1 (4.35%) Validation

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:

Business Applications
1 1 (4.35%) Oracle Utilities
Communications & Networking
1 4 (17.39%) InfiniBand
2 2 (8.70%) ATM
General
1 17 (73.91%) Finance
2 3 (13.04%) Retail Banking
3 1 (4.35%) Billing
3 1 (4.35%) Corporate Banking
Job Titles
1 9 (39.13%) Technical Leader
1 9 (39.13%) Technical Support
2 4 (17.39%) Grid Engineer
2 4 (17.39%) Infrastructure Engineer
2 4 (17.39%) Infrastructure Support
2 4 (17.39%) Infrastructure Support Engineer
2 4 (17.39%) Support Engineer
3 2 (8.70%) Analyst
3 2 (8.70%) ATM Engineer
3 2 (8.70%) Business Analyst
3 2 (8.70%) Change Manager
3 2 (8.70%) Contracts Manager
4 1 (4.35%) Digital Analyst
4 1 (4.35%) Digital Business Analyst
4 1 (4.35%) Head of IT
4 1 (4.35%) Head of IT Operations
4 1 (4.35%) Head of IT Services
4 1 (4.35%) Head of Operations
4 1 (4.35%) Migration Manager
4 1 (4.35%) Oracle Programme Manager
Libraries, Frameworks & Software Standards
1 9 (39.13%) JSON
1 9 (39.13%) Middleware
1 9 (39.13%) RESTful
1 9 (39.13%) Web Services
2 4 (17.39%) OpenMP
Miscellaneous
1 9 (39.13%) CMDB
2 4 (17.39%) Grid Computing
3 2 (8.70%) EPoS
4 1 (4.35%) Online Banking
Operating Systems
1 13 (56.52%) Linux
2 4 (17.39%) SUSE
Processes & Methodologies
1 10 (43.48%) ITIL
2 9 (39.13%) Change Management
2 9 (39.13%) High Availability
2 9 (39.13%) Identity Access Management
3 5 (21.74%) Investment Management
4 4 (17.39%) DevOps
5 2 (8.70%) Migration
5 2 (8.70%) Project Management
5 2 (8.70%) Stakeholder Management
6 1 (4.35%) Business Transformation
6 1 (4.35%) Continuous Improvement
6 1 (4.35%) ITSM
6 1 (4.35%) Portfolio Management
6 1 (4.35%) Process Improvement
6 1 (4.35%) Service Delivery
6 1 (4.35%) Service Management
6 1 (4.35%) Stakeholder Engagement
6 1 (4.35%) Time Management
6 1 (4.35%) Validation
6 1 (4.35%) Workflow
Programming Languages
1 4 (17.39%) Bash Shell
Quality Assurance & Compliance
1 2 (8.70%) GDPR
System Software
1 4 (17.39%) GPFS
Systems Management
1 4 (17.39%) Ansible
Vendors
1 4 (17.39%) NetApp
1 4 (17.39%) Red Hat
2 1 (4.35%) Oracle
2 1 (4.35%) Progress