Banking Contracts in the North East

Banking
England > North East

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 26 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 32 50 51
Rank change year-on-year +18 +1 -11
Contract jobs citing Banking 5 8 7
As % of all contract jobs advertised in the North East 1.47% 1.89% 1.39%
As % of the General category 2.82% 3.81% 2.98%
Number of daily rates quoted 4 7 6
10th Percentile £436 £536 £381
25th Percentile £453 - £416
Median daily rate (50th Percentile) £500 £720 £488
Median % change year-on-year -30.56% +47.69% +111.96%
75th Percentile £547 £788 £581
90th Percentile £564 £850 £600
England median daily rate £625 £650 £638
% change year-on-year -3.85% +1.96% +13.33%
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £18.25 - -
Median hourly rate £19.50 - -
75th Percentile £20.75 - -
90th Percentile - - -
England median hourly rate £19.50 £21.00 £23.48
% change year-on-year -7.14% -10.57% +50.96%

All General Skills
North East

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.

Contract vacancies with a requirement for common skills 177 210 235
As % of all contract IT jobs advertised in the North East 51.91% 49.65% 46.53%
Number of daily rates quoted 88 166 182
10th Percentile £163 £231 £136
25th Percentile £400 £371 £200
Median daily rate (50th Percentile) £510 £531 £475
Median % change year-on-year -4.00% +11.84% +11.76%
75th Percentile £606 £619 £583
90th Percentile £720 £734 £649
England median daily rate £538 £550 £546
% change year-on-year -2.27% +0.67% +9.26%
Number of hourly rates quoted 40 0 13
10th Percentile £11.41 - £10.97
25th Percentile £12.13 - £13.00
Median hourly rate £17.50 - £16.50
Median % change year-on-year - - +29.41%
75th Percentile £46.69 - £17.50
90th Percentile £49.88 - £19.67
England median hourly rate £30.00 £34.00 £21.43
% change year-on-year -11.76% +58.69% -4.78%

Banking
Job Vacancy Trend in the North East

Job postings citing Banking as a proportion 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

3-month moving average daily rate quoted in jobs citing Banking in the North East.

Daily rate trend for Banking in the North East

Banking
Contractor Hourly Rate Trend in the North East

3-month moving average hourly rates quoted in jobs citing Banking in the North East.

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 26 April 2024. 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
Jobs
Tyne and Wear +20 5 £500 -30.56% 4
Banking
England

Banking
Co-occurring Skills and Capabilities in the North East by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Database & Business Intelligence
1 2 (40.00%) SQL Server
General
1 4 (80.00%) Finance
2 2 (40.00%) Social Skills
3 1 (20.00%) Analytical Skills
3 1 (20.00%) Investment Banking
Job Titles
1 2 (40.00%) Analyst
2 1 (20.00%) Architect
2 1 (20.00%) Business Analyst
2 1 (20.00%) Customer Service Assistant
2 1 (20.00%) Database Analyst
2 1 (20.00%) DBA
2 1 (20.00%) Solutions Architect
2 1 (20.00%) SQL DBA
Miscellaneous
1 1 (20.00%) Clustering
1 1 (20.00%) Product Ownership
Operating Systems
1 2 (40.00%) Windows
1 2 (40.00%) Windows Server
Processes & Methodologies
1 2 (40.00%) Data Encryption
1 2 (40.00%) ITIL
1 2 (40.00%) Server Patching
1 2 (40.00%) Service Management
1 2 (40.00%) Task Automation
2 1 (20.00%) Agile
2 1 (20.00%) Code Quality
2 1 (20.00%) Computer Science
2 1 (20.00%) Customer Service
2 1 (20.00%) Decision-Making
2 1 (20.00%) Disaster Recovery
2 1 (20.00%) High Availability
2 1 (20.00%) Mentoring
2 1 (20.00%) Problem Management
2 1 (20.00%) Problem-Solving
Programming Languages
1 2 (40.00%) PowerShell
2 1 (20.00%) SQL
Qualifications
1 2 (40.00%) Degree
1 2 (40.00%) MCSE
1 2 (40.00%) Microsoft Certification
2 1 (20.00%) Computer Science Degree
Quality Assurance & Compliance
1 1 (20.00%) GDPR
Vendors
1 2 (40.00%) ServiceNow
2 1 (20.00%) Fiserv
2 1 (20.00%) Microsoft