Period
to 18 July 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 18 July 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
18 Jul 2018
Same period 2017 Same period 2016
Rank 88 90 94
Rank change year-on-year +2 +4 -41
Contract jobs citing Validation 17 8 56
As % of all contract IT jobs advertised in Tyne and Wear 1.61% 0.83% 2.51%
As % of the Processes & Methodologies category 1.86% 0.94% 2.83%
Number of daily rates quoted 12 7 41
Tyne and Wear median daily rate £390 £575 £310
Median daily rate % change year-on-year -32.17% +85.48% -30.75%
10th Percentile £282 £270 £245
90th Percentile £675 £668 £338
North East median daily rate £384 £575 £305
% change year-on-year -33.26% +88.52% -32.22%
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 916 853 1,978
As % of all contract IT jobs advertised in Tyne and Wear 86.58% 88.67% 88.58%
Number of daily rates quoted 644 583 1,335
Tyne and Wear median daily rate £385 £378 £325
Median daily rate % change year-on-year +1.99% +16.15% -12.16%
10th Percentile £256 £263 £221
90th Percentile £588 £538 £500
North East median daily rate £380 £375 £325
% change year-on-year +1.33% +15.38% -10.96%
Number of hourly rates quoted 17 30 97
Tyne and Wear median hourly rate £14.50 £31.00 £28.00
Median hourly rate % change year-on-year -53.23% +10.71% +115.38%
10th Percentile £8.69 £10.00 £14.60
90th Percentile £43.75 £43.45 £36.00
North East median hourly rate £14.00 £26.00 £28.00
% change year-on-year -46.15% -7.14% +107.41%

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 18 July 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 18 July 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 -1 17 £390 -32.17% 6
Validation
North East

For the 6 months to 18 July 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 (58.82%) Finance
2 9 (52.94%) Banking
2 9 (52.94%) Decision-Making
3 8 (47.06%) Project Management
4 7 (41.18%) Business Development
4 7 (41.18%) Degree
5 6 (35.29%) Migration
6 5 (29.41%) Statistics
6 5 (29.41%) Mathematics
6 5 (29.41%) Physics
6 5 (29.41%) Computer Science
6 5 (29.41%) Credit Risk
6 5 (29.41%) Stress Testing
6 5 (29.41%) Financial Modelling
6 5 (29.41%) Agile Software Development
6 5 (29.41%) SPSS
6 5 (29.41%) Financial Institution
6 5 (29.41%) SQL
6 5 (29.41%) Python
6 5 (29.41%) SAS
6 5 (29.41%) Master's Degree
6 5 (29.41%) IFRS
6 5 (29.41%) IFRS 9
6 5 (29.41%) R
6 5 (29.41%) Analytics
7 4 (23.53%) Machine Learning
7 4 (23.53%) Big Data
7 4 (23.53%) ISEB
7 4 (23.53%) Waterfall
7 4 (23.53%) Business Analysis

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 (29.41%) SAS
Applications
1 5 (29.41%) SPSS
2 3 (17.65%) Microsoft Excel
2 3 (17.65%) Microsoft Office
2 3 (17.65%) Microsoft Project
3 1 (5.88%) Microsoft PowerPoint
Cloud Services
1 1 (5.88%) Force.com
1 1 (5.88%) Salesforce Sales Cloud
Communications & Networking
1 1 (5.88%) Ethernet
1 1 (5.88%) LAN
1 1 (5.88%) TCP/IP
Database & Business Intelligence
1 4 (23.53%) Big Data
Development Applications
1 1 (5.88%) Ant
1 1 (5.88%) Eclipse
1 1 (5.88%) Jenkins
1 1 (5.88%) JIRA
General
1 10 (58.82%) Finance
2 9 (52.94%) Banking
3 5 (29.41%) Financial Institution
4 2 (11.76%) Legal
4 2 (11.76%) Retail Banking
5 1 (5.88%) Manufacturing
5 1 (5.88%) Pharmaceutical
5 1 (5.88%) Retail
Job Titles
1 9 (52.94%) Analyst
2 6 (35.29%) Senior Analyst
3 5 (29.41%) Project Manager
4 4 (23.53%) Business Analyst
5 2 (11.76%) Banking Analyst
5 2 (11.76%) IT Manager
5 2 (11.76%) IT Project Manager
5 2 (11.76%) Qualitative Analyst
5 2 (11.76%) Quantitative Analyst
5 2 (11.76%) Retail Banking Business Analyst
5 2 (11.76%) SC Cleared Project Manager
5 2 (11.76%) Senior Quantitative Analyst
6 1 (5.88%) Automation Engineer
6 1 (5.88%) Banking Project Manager
6 1 (5.88%) Finance Manager
6 1 (5.88%) Finance Project Manager
6 1 (5.88%) Project Engineer
6 1 (5.88%) Salesforce Developer
6 1 (5.88%) Senior Business Analyst
6 1 (5.88%) Senior Project Planner
Libraries, Frameworks & Software Standards
1 1 (5.88%) jQuery
1 1 (5.88%) REST
1 1 (5.88%) SOAP
1 1 (5.88%) Visualforce
1 1 (5.88%) Web Services
Miscellaneous
1 5 (29.41%) Computer Science
1 5 (29.41%) Credit Risk
Processes & Methodologies
1 9 (52.94%) Decision-Making
2 8 (47.06%) Project Management
3 7 (41.18%) Business Development
4 6 (35.29%) Migration
5 5 (29.41%) Agile Software Development
5 5 (29.41%) Analytics
5 5 (29.41%) Financial Modelling
5 5 (29.41%) Mathematics
5 5 (29.41%) Physics
5 5 (29.41%) Statistics
5 5 (29.41%) Stress Testing
6 4 (23.53%) Business Analysis
6 4 (23.53%) Machine Learning
6 4 (23.53%) Waterfall
7 3 (17.65%) Data Migration
7 3 (17.65%) Risk Management
8 2 (11.76%) Project Planning
9 1 (5.88%) Critical Path Analysis
9 1 (5.88%) Stakeholder Management
9 1 (5.88%) Workflow
Programming Languages
1 5 (29.41%) Python
1 5 (29.41%) R
1 5 (29.41%) SQL
2 1 (5.88%) Apex Code
2 1 (5.88%) JavaScript
Qualifications
1 7 (41.18%) Degree
2 5 (29.41%) Master's Degree
3 4 (23.53%) ISEB
4 2 (11.76%) PMI Certification
4 2 (11.76%) PMP
4 2 (11.76%) SC Cleared
4 2 (11.76%) Security Cleared
5 1 (5.88%) BPSS Clearance
5 1 (5.88%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 5 (29.41%) IFRS
1 5 (29.41%) IFRS 9
2 1 (5.88%) GMP
Vendors
1 1 (5.88%) CheckPoint
1 1 (5.88%) Salesforce.com
1 1 (5.88%) Siemens