Banking
North East > Tyne and Wear
The table below looks at the prevalence of the term 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 Banking over the 6 months to 6 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 6 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 28 | 44 | 47 |
| Rank change year-on-year | +16 | +3 | -4 |
| Contract jobs citing Banking | 5 | 8 | 4 |
| As % of all contract jobs advertised in Tyne and Wear | 2.04% | 2.40% | 1.02% |
| As % of the General category | 3.85% | 5.06% | 2.22% |
| Number of daily rates quoted | 4 | 7 | 4 |
| 10th Percentile | £436 | £536 | £396 |
| 25th Percentile | £453 | - | £447 |
| Median daily rate (50th Percentile) | £500 | £720 | £550 |
| Median % change year-on-year | -30.56% | +30.91% | +139.13% |
| 75th Percentile | £547 | £788 | £600 |
| 90th Percentile | £564 | £850 | - |
| North East median daily rate | £500 | £720 | £488 |
| % change year-on-year | -30.56% | +47.69% | +111.96% |
| Number of hourly rates quoted | 1 | 0 | 0 |
| 10th Percentile | - | - | - |
| 25th Percentile | £18.25 | - | - |
| Median hourly rate | £19.50 | - | - |
| 75th Percentile | £20.75 | - | - |
| 90th Percentile | - | - | - |
| North East median hourly rate | £19.50 | - | - |
All General Skills
Tyne and Wear
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.
| Contract vacancies with a requirement for common skills | 130 | 158 | 180 |
| As % of all contract IT jobs advertised in Tyne and Wear | 53.06% | 47.45% | 45.92% |
| Number of daily rates quoted | 70 | 126 | 136 |
| 10th Percentile | £364 | £274 | £161 |
| 25th Percentile | £425 | £463 | £372 |
| Median daily rate (50th Percentile) | £523 | £565 | £500 |
| Median % change year-on-year | -7.52% | +13.00% | +11.11% |
| 75th Percentile | £600 | £670 | £600 |
| 90th Percentile | £678 | £751 | £650 |
| North East median daily rate | £523 | £525 | £485 |
| % change year-on-year | -0.48% | +8.25% | +18.65% |
| Number of hourly rates quoted | 29 | 0 | 9 |
| 10th Percentile | - | - | £10.50 |
| 25th Percentile | £12.13 | - | £13.00 |
| Median hourly rate | £17.50 | - | £16.50 |
| Median % change year-on-year | - | - | +32.00% |
| 75th Percentile | £48.75 | - | £17.50 |
| 90th Percentile | £61.75 | - | £18.98 |
| North East median hourly rate | £17.50 | - | £15.75 |
| % change year-on-year | - | - | +26.00% |
Banking
Job Vacancy Trend in Tyne and Wear
Job postings citing Banking as a proportion of all IT jobs advertised in Tyne and Wear.
Banking
Contractor Daily Rate Trend in Tyne and Wear
3-month moving average daily rate quoted in jobs citing Banking in Tyne and Wear.
Banking
Contractor Hourly Rate Trend in Tyne and Wear
3-month moving average hourly rates quoted in jobs citing Banking in Tyne and Wear.
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 Banking within the Tyne and Wear region over the 6 months to 6 May 2024. 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 Jobs |
|---|---|---|---|---|---|
| Newcastle upon Tyne | +21 | 5 | £500 | -30.56% | 1 |
| Banking North East |
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Banking
Co-occurring Skills and Capabilities in Tyne and Wear by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories: