The following table provides summary statistics for contract job vacancies advertised in Tyne and Wear with a requirement for Oracle Financials skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Oracle Financials over the 3 months to 30 March 2017 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.

Oracle Financials
North East / Tyne and Wear
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank - 65 45
Contract jobs citing Oracle Financials 0 2 7
As % of all contract IT jobs advertised in Tyne and Wear - 0.29% 1.53%
As % of the Business Applications category - 3.28% 17.07%
Number of daily rates quoted 0 2 3
Median daily rate - £318 £390
Median daily rate % change year-on-year - -18.58%  
UK excluding London median daily rate £460 £410 £400
% change year-on-year +12.19% +2.50%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £40.00 - £17.50

Oracle Financials is in the business application skills category. The next 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 business application skills.

Contract Business Application Skills
Tyne and Wear
Contract job vacancies with a requirement for business application skills 21 61 41
As % of all contract IT job vacancies advertised in Tyne and Wear 3.63% 8.80% 8.97%
Number of daily rates quoted 14 44 20
Median daily rate £357 £340 £450
Median daily rate % change year-on-year +4.85% -24.44%  
90% offered a daily rate of more than £254 £235 £358
10% offered a daily rate of more than £400 £423 £505
UK excluding London median daily rate £450 £413 £425
% change year-on-year +9.09% -2.94%  
Number of hourly rates quoted 1 0 0
Median hourly rate £17.50 - -
UK excluding London median hourly rate £39.00 £27.50 £17.50
% change year-on-year +41.81% +57.14%  

Oracle Financials
Job Vacancy Trend in Tyne and Wear

The job posting trend of jobs advertised in Tyne and Wear citing Oracle Financials as a proportion of all contract or permanent IT jobs with a match in the Business Applications category.

Job vacancy trend for Oracle Financials in Tyne and Wear

Oracle Financials
Contractor Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Oracle Financials in Tyne and Wear.

Contractor daily rate trend for Oracle Financials in Tyne and Wear