The table below looks at the prevalence of the term Retail Banking in contract job vacancies advertised in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Retail Banking over the 3 months to 27 March 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.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Retail Banking
North East / Tyne and Wear
Rank 77 67 50
Rank change year-on-year -10 -17  
Contract jobs citing Retail Banking 3 1 1
As % of all contract IT jobs advertised in Tyne and Wear 0.51% 0.14% 0.22%
As % of the General category 3.41% 0.67% 0.92%
Number of daily rates quoted 3 1 0
Median daily rate £575 £450 -
Median daily rate % change year-on-year +27.77% -  
UK excluding London median daily rate £415 £450 £425
% change year-on-year -7.77% +5.88%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Retail Banking is in the common 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 common skills.

General Skills
Tyne and Wear
Contract job vacancies with a requirement for common skills 88 149 109
As % of all contract IT job vacancies advertised in Tyne and Wear 15.04% 21.35% 23.49%
Number of daily rates quoted 72 100 70
Median daily rate £358 £350 £338
Median daily rate % change year-on-year +2.14% +3.70%  
90% offered a daily rate of more than £263 £179 £280
10% offered a daily rate of more than £525 £548 £457
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 2 1 7
Median hourly rate £11.33 £18.50 £25.00
Median hourly rate % change year-on-year -38.75% -26.00%  
UK excluding London median hourly rate £27.00 £31.00 £25.00
% change year-on-year -12.90% +24.00%  

Retail Banking
Job Vacancy Trend in Tyne and Wear

The job posting trend of jobs advertised in Tyne and Wear citing Retail Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Retail Banking in Tyne and Wear

Retail Banking
Contractor Daily Rate Trend in Tyne and Wear

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

Contractor daily rate trend for Retail Banking in Tyne and Wear

Retail Banking
Contractor Daily Rate Histogram in Tyne and Wear

The daily rate distribution of IT jobs citing Retail Banking in Tyne and Wear over the 3 months to 27 March 2017.

Contractor daily rate histogram for Retail Banking in Tyne and Wear

Retail Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Retail Banking within the Tyne and Wear region over the 3 months to 27 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Newcastle upon Tyne -9 3 £575 +27.77%
Retail Banking
North East

Retail Banking
Top 15 Related IT Skills in Tyne and Wear

For the 6 months to 27 March 2017, IT contractor jobs citing Retail 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 Tyne and Wear region with a requirement for Retail Banking.

1 5 (100.00%) Banking
1 5 (100.00%) Retail
2 2 (40.00%) Finance
2 2 (40.00%) Anti-Money Laundering
3 1 (20.00%) Validation
3 1 (20.00%) Scrum
3 1 (20.00%) Agile Software Development
3 1 (20.00%) Process Management
3 1 (20.00%) GAP Analysis
3 1 (20.00%) Data Analysis
3 1 (20.00%) Business Analysis
3 1 (20.00%) Data Quality
3 1 (20.00%) Cybersecurity
3 1 (20.00%) Analytical Skills
3 1 (20.00%) Data Structures

Retail Banking
Top Related IT Skills in Tyne and Wear 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:

General
1 5 (100.00%) Banking
1 5 (100.00%) Retail
2 2 (40.00%) Finance
Job Titles
1 3 (60.00%) Analyst
1 3 (60.00%) Business Analyst
2 2 (40.00%) AML Business Analyst
3 1 (20.00%) Banking Analyst
3 1 (20.00%) Banking Project Manager
3 1 (20.00%) Cybersecurity Manager
3 1 (20.00%) Finance Business Analyst
3 1 (20.00%) Financial Analyst
3 1 (20.00%) Financial Services Business Analyst
3 1 (20.00%) Fraud Analyst
3 1 (20.00%) Fraud Business Analyst
3 1 (20.00%) Monitoring Analyst
3 1 (20.00%) Project Manager
3 1 (20.00%) Retail Banking Business Analyst
3 1 (20.00%) Risk Analyst
3 1 (20.00%) Risk Business Analyst
3 1 (20.00%) Scrum Master
3 1 (20.00%) Security Manager
3 1 (20.00%) Security Project Manager
3 1 (20.00%) Service Analyst
Miscellaneous
1 1 (20.00%) Analytical Skills
1 1 (20.00%) Data Structures
Processes & Methodologies
1 2 (40.00%) Anti-Money Laundering
2 1 (20.00%) Agile Software Development
2 1 (20.00%) Business Analysis
2 1 (20.00%) Cybersecurity
2 1 (20.00%) Data Analysis
2 1 (20.00%) GAP Analysis
2 1 (20.00%) Process Management
2 1 (20.00%) Scrum
2 1 (20.00%) Validation
Quality Assurance & Compliance
1 1 (20.00%) Data Quality