Period
to 23 January 2018

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 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.

Retail Banking
North East > Tyne and Wear
6 months to
23 Jan 2018
Same period 2017 Same period 2016
Rank 93 142 100
Rank change year-on-year +49 -42 -
Contract jobs citing Retail Banking 3 2 10
As % of all contract IT jobs advertised in Tyne and Wear 0.32% 0.099% 0.68%
As % of the General category 2.00% 0.70% 3.13%
Number of daily rates quoted 2 1 9
Tyne and Wear median daily rate £800 £475 £450
Median daily rate % change year-on-year +68.42% +5.56% -
North East median daily rate £800 £481 £450
% change year-on-year +66.23% +6.94% +0.56%
Number of hourly rates quoted 0 0 0
Tyne and Wear median hourly rate - - -
North East median hourly rate - - -

Retail 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 Tyne and Wear with a requirement for common skills.

All General Skills
Tyne and Wear
Contract vacancies with a requirement for common skills 150 287 320
As % of all contract IT jobs advertised in Tyne and Wear 15.81% 14.24% 21.64%
Number of daily rates quoted 99 213 211
Tyne and Wear median daily rate £375 £400 £400
Median daily rate % change year-on-year -6.25% - +14.29%
10th Percentile £225 £263 £260
90th Percentile £638 £563 £555
North East median daily rate £366 £400 £423
% change year-on-year -8.44% -5.49% +18.71%
Number of hourly rates quoted 3 2 10
Tyne and Wear median hourly rate £17.10 £22.53 £16.00
Median hourly rate % change year-on-year -24.08% +40.78% -58.44%
10th Percentile £15.21 £13.57 £9.95
90th Percentile £105.43 £31.48 £48.95
North East median hourly rate £29.80 £22.53 £14.10
% change year-on-year +32.30% +59.75% -59.71%

Retail Banking
Job Vacancy Trend in Tyne and Wear

Job postings citing Retail Banking as a percentage of all IT jobs advertised in Tyne and Wear.

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
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 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
Newcastle upon Tyne +50 2 £800 +68.42%
Sunderland - 1 - -
Retail Banking
North East

For the 6 months to 23 January 2018, IT contractor jobs citing Retail 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 Tyne and Wear region with a requirement for Retail Banking.

1 3 (100.00%) Banking
2 2 (66.67%) GDPR
3 1 (33.33%) Finance
3 1 (33.33%) Migration
3 1 (33.33%) Stakeholder Management

Retail Banking
Co-occurring 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 3 (100.00%) Banking
2 1 (33.33%) Finance
Job Titles
1 2 (66.67%) Change Manager
1 2 (66.67%) Contracts Manager
2 1 (33.33%) Project Manager
2 1 (33.33%) Senior Manager
2 1 (33.33%) Senior Project Manager
2 1 (33.33%) Service Manager
Processes & Methodologies
1 1 (33.33%) Migration
1 1 (33.33%) Stakeholder Management
Quality Assurance & Compliance
1 2 (66.67%) GDPR