Job Vacancy Trend Daily Rate Trend
Period
to 14 August 2020

The following table provides summary statistics for contract job vacancies advertised in Tyne and Wear with a requirement for Master's Degree qualifications. Included is a benchmarking guide to the contractor rates offered over the 6 months to 14 August 2020 with a comparison to the same period in 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.

Master's Degree
North East > Tyne and Wear
6 months to
14 Aug 2020		 Same period 2019 Same period 2018
Rank - 64 91
Contract jobs citing Master's Degree 0 9 8
As % of all contract jobs advertised in Tyne and Wear - 1.23% 0.80%
As % of the Qualifications category - 4.55% 2.32%
Number of daily rates quoted 0 6 8
Median daily rate - £315 £638
Median daily rate % change year-on-year - -50.59% +41.67%
North East median daily rate - £315 £638
% change year-on-year - -50.59% +41.67%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
North East median hourly rate - - -

Master's Degree is in the Academic Qualifications and Professional Certifications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Tyne and Wear with a requirement for academic qualifications or professional certifications.

All Academic and Professional Certifications
Tyne and Wear
Contract vacancies requiring academic qualifications or professional certifications 62 198 345
As % of all contract IT jobs advertised in Tyne and Wear 27.80% 27.12% 34.40%
Number of daily rates quoted 40 130 251
Median daily rate £490 £400 £345
Median daily rate % change year-on-year +22.50% +15.94% -4.83%
10th Percentile £245 £189 £178
90th Percentile £650 £575 £550
North East median daily rate £473 £400 £350
% change year-on-year +18.13% +14.29% -
Number of hourly rates quoted 6 5 7
Median hourly rate £47.50 £52.00 £21.50
Median hourly rate % change year-on-year -8.65% +141.86% -36.76%
10th Percentile £35.00 £26.43 £11.65
90th Percentile £63.38 £57.30 £37.60
Median hourly rate £47.50 £28.69 £18.50
% change year-on-year +65.59% +55.10% -42.20%

Master's Degree
Job Vacancy Trend in Tyne and Wear

Job postings citing Master's Degree as a proportion of all IT jobs advertised in Tyne and Wear.

Job vacancy trend for Master's Degree in Tyne and Wear

Master's Degree
Contractor Daily Rate Trend in Tyne and Wear

3-month moving average daily rate quoted in jobs citing Master's Degree in Tyne and Wear.

Daily rate trend for Master's Degree in Tyne and Wear