Period
to 17 October 2019

The table below looks at the prevalence of the term Virtual Team in contract job vacancies advertised in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Virtual Team over the 6 months to 17 October 2019 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.

Virtual Team (including Distributed Team, Remote Team, Dispersed Team)
North East > Tyne and Wear
6 months to
17 Oct 2019
Same period 2018 Same period 2017
Rank - 87 76
Contract jobs citing Virtual Team 0 6 15
As % of all contract IT jobs advertised in Tyne and Wear - 0.68% 1.69%
As % of the Miscellaneous category - 1.86% 4.14%
Number of daily rates quoted 0 6 11
Tyne and Wear median daily rate - £281 £500
Median daily rate % change year-on-year - -43.75% +51.52%
North East median daily rate - £313 £450
% change year-on-year - -30.56% +36.36%
Number of hourly rates quoted 0 0 0
Tyne and Wear median hourly rate - - -
North East median hourly rate - - -

Virtual Team is in the Generic IT 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 generic IT skills.

All Generic IT Skills
Tyne and Wear
Contract vacancies with a requirement for generic IT skills 182 323 362
As % of all contract IT jobs advertised in Tyne and Wear 26.11% 36.54% 40.67%
Number of daily rates quoted 109 233 258
Tyne and Wear median daily rate £425 £400 £375
Median daily rate % change year-on-year +6.25% +6.67% +10.29%
10th Percentile £259 £254 £275
90th Percentile £501 £648 £550
North East median daily rate £425 £400 £375
% change year-on-year +6.25% +6.67% +10.29%
Number of hourly rates quoted 7 8 16
Tyne and Wear median hourly rate £19.03 £13.25 £10.65
Median hourly rate % change year-on-year +43.62% +24.41% -61.27%
10th Percentile £11.88 £8.89 £10.23
90th Percentile £36.75 £26.35 £40.00
North East median hourly rate £15.76 £14.50 £14.50
% change year-on-year +8.69% - -46.30%

Virtual Team
Job Vacancy Trend in Tyne and Wear

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

Job vacancy trend for Virtual Team in Tyne and Wear

Virtual Team
Contractor Daily Rate Trend in Tyne and Wear

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

Contractor daily rate trend for Virtual Team in Tyne and Wear