Period
to 23 September 2018

The following table provides summary statistics for contract job vacancies advertised in Tyne and Wear with a requirement for Validation skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Validation over the 6 months to 23 September 2018 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.

Validation
North East > Tyne and Wear
6 months to
23 Sep 2018
Same period 2017 Same period 2016
Rank 80 78 116
Rank change year-on-year -2 +38 -44
Contract jobs citing Validation 13 9 57
As % of all contract IT jobs advertised in Tyne and Wear 1.43% 1.01% 2.21%
As % of the Processes & Methodologies category 1.63% 1.15% 2.48%
Number of daily rates quoted 9 8 39
Tyne and Wear median daily rate £625 £575 £310
Median daily rate % change year-on-year +8.70% +85.48% -11.43%
10th Percentile £306 £273 £242
90th Percentile £675 £666 £338
North East median daily rate £450 £575 £305
% change year-on-year -21.74% +88.52% -24.69%
Number of hourly rates quoted 1 0 0
Tyne and Wear median hourly rate £42.50 - -
North East median hourly rate £42.50 - £37.50

Validation is in the Processes and Methodologies 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 process or methodology skills.

All Process and Methodology Skills
Tyne and Wear
Contract vacancies with a requirement for process or methodology skills 798 781 2,299
As % of all contract IT jobs advertised in Tyne and Wear 88.08% 87.26% 89.04%
Number of daily rates quoted 550 536 1,584
Tyne and Wear median daily rate £400 £375 £330
Median daily rate % change year-on-year +6.67% +13.64% -17.50%
10th Percentile £261 £257 £225
90th Percentile £600 £550 £500
North East median daily rate £400 £366 £330
% change year-on-year +9.22% +10.98% -17.50%
Number of hourly rates quoted 17 36 114
Tyne and Wear median hourly rate £13.50 £29.25 £28.00
Median hourly rate % change year-on-year -53.85% +4.46% +86.67%
10th Percentile £10.13 £10.31 £14.60
90th Percentile £38.50 £47.67 £36.00
North East median hourly rate £13.50 £26.25 £27.75
% change year-on-year -48.57% -5.41% +85.00%

Validation
Job Vacancy Trend in Tyne and Wear

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

Job vacancy trend for Validation in Tyne and Wear

Validation
Contractor Daily Rate Trend in Tyne and Wear

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

Contractor daily rate trend for Validation in Tyne and Wear

Validation
Contractor Daily Rate Histogram in Tyne and Wear

The daily rate distribution of IT jobs citing Validation in Tyne and Wear over the 6 months to 23 September 2018.

Contractor daily rate histogram for Validation in Tyne and Wear

Validation
Contractor Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Validation in Tyne and Wear.

Contractor hourly rate trend for Validation in Tyne and Wear

Validation
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 Validation within the Tyne and Wear region over the 6 months to 23 September 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 -5 12 £638 +10.87% 1
South Shields - 1 £325 -
Validation
North East

For the 6 months to 23 September 2018, IT contractor jobs citing Validation 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 Validation.

1 10 (76.92%) Finance
2 8 (61.54%) Degree
3 6 (46.15%) SQL
4 5 (38.46%) Financial Institution
4 5 (38.46%) SPSS
4 5 (38.46%) Python
4 5 (38.46%) SAS
4 5 (38.46%) Statistics
4 5 (38.46%) Banking
4 5 (38.46%) Mathematics
4 5 (38.46%) Physics
4 5 (38.46%) Computer Science
4 5 (38.46%) Credit Risk
4 5 (38.46%) Stress Testing
4 5 (38.46%) Financial Modelling
4 5 (38.46%) R
4 5 (38.46%) Analytics
4 5 (38.46%) IFRS
4 5 (38.46%) IFRS 9
4 5 (38.46%) Master's Degree
5 4 (30.77%) Machine Learning
5 4 (30.77%) Big Data
5 4 (30.77%) Project Management
6 3 (23.08%) Business Development
6 3 (23.08%) Decision-Making
7 2 (15.38%) SC Cleared
7 2 (15.38%) Security Cleared
7 2 (15.38%) Legal
7 2 (15.38%) Manufacturing
7 2 (15.38%) Migration

Validation
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:

Application Platforms
1 5 (38.46%) SAS
Applications
1 5 (38.46%) SPSS
2 1 (7.69%) Microsoft Excel
Cloud Services
1 1 (7.69%) Force.com
1 1 (7.69%) Salesforce Sales Cloud
Communications & Networking
1 1 (7.69%) Ethernet
1 1 (7.69%) LAN
1 1 (7.69%) TCP/IP
Database & Business Intelligence
1 4 (30.77%) Big Data
2 1 (7.69%) Power BI
Development Applications
1 1 (7.69%) Ant
1 1 (7.69%) Eclipse
1 1 (7.69%) Jenkins
1 1 (7.69%) JIRA
1 1 (7.69%) JMeter
1 1 (7.69%) Selenium
1 1 (7.69%) WebDriver
General
1 10 (76.92%) Finance
2 5 (38.46%) Banking
2 5 (38.46%) Financial Institution
3 2 (15.38%) Legal
3 2 (15.38%) Manufacturing
4 1 (7.69%) Electronics
4 1 (7.69%) Marketing
4 1 (7.69%) Pharmaceutical
4 1 (7.69%) Telecoms
Job Titles
1 6 (46.15%) Analyst
2 5 (38.46%) Senior Analyst
3 3 (23.08%) Project Manager
4 2 (15.38%) IT Manager
4 2 (15.38%) IT Project Manager
4 2 (15.38%) Qualitative Analyst
4 2 (15.38%) Quantitative Analyst
4 2 (15.38%) SC Cleared Project Manager
4 2 (15.38%) Senior Quantitative Analyst
5 1 (7.69%) Automation Engineer
5 1 (7.69%) Automation Tester
5 1 (7.69%) Business Intelligence Analyst
5 1 (7.69%) Business Intelligence Data Analyst
5 1 (7.69%) CRM Analyst
5 1 (7.69%) Data Analyst
5 1 (7.69%) Excel Analyst
5 1 (7.69%) Project Engineer
5 1 (7.69%) Salesforce Developer
5 1 (7.69%) Senior Project Planner
5 1 (7.69%) Tester
Libraries, Frameworks & Software Standards
1 1 (7.69%) jQuery
1 1 (7.69%) REST
1 1 (7.69%) RESTful
1 1 (7.69%) SOAP
1 1 (7.69%) Taurus
1 1 (7.69%) Visualforce
1 1 (7.69%) Web Services
Miscellaneous
1 5 (38.46%) Computer Science
1 5 (38.46%) Credit Risk
Processes & Methodologies
1 5 (38.46%) Analytics
1 5 (38.46%) Financial Modelling
1 5 (38.46%) Mathematics
1 5 (38.46%) Physics
1 5 (38.46%) Statistics
1 5 (38.46%) Stress Testing
2 4 (30.77%) Machine Learning
2 4 (30.77%) Project Management
3 3 (23.08%) Business Development
3 3 (23.08%) Decision-Making
4 2 (15.38%) Agile Software Development
4 2 (15.38%) Business Intelligence
4 2 (15.38%) Migration
4 2 (15.38%) Risk Management
4 2 (15.38%) Scrum
5 1 (7.69%) OO
5 1 (7.69%) OOP
5 1 (7.69%) Programme Management
5 1 (7.69%) Quality Management
5 1 (7.69%) Workflow
Programming Languages
1 6 (46.15%) SQL
2 5 (38.46%) Python
2 5 (38.46%) R
3 1 (7.69%) Apex Code
3 1 (7.69%) Java
3 1 (7.69%) JavaScript
3 1 (7.69%) T-SQL
Qualifications
1 8 (61.54%) Degree
2 5 (38.46%) Master's Degree
3 2 (15.38%) SC Cleared
3 2 (15.38%) Security Cleared
Quality Assurance & Compliance
1 5 (38.46%) IFRS
1 5 (38.46%) IFRS 9
2 1 (7.69%) GMP
Vendors
1 1 (7.69%) CheckPoint
1 1 (7.69%) Salesforce.com
1 1 (7.69%) SAP
1 1 (7.69%) Siemens