Finance Contracts in Tyne and Wear

Financial
North East > Tyne and Wear

The table below looks at the prevalence of the term Finance in contract job vacancies in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Finance over the 6 months leading up to 31 October 2024, comparing them to the same period in the previous two years.

6 months to
31 Oct 2024
Same period 2023 Same period 2022
Rank 11 12 39
Rank change year-on-year +1 +27 -5
Contract jobs citing Finance 21 15 26
As % of all contract jobs advertised in Tyne and Wear 10.55% 8.98% 5.21%
As % of the General category 20.59% 15.63% 10.57%
Number of daily rates quoted 8 9 20
10th Percentile £304 £410 £297
25th Percentile £344 £450 £441
Median daily rate (50th Percentile) £445 £600 £584
Median % change year-on-year -25.83% +2.78% +20.98%
75th Percentile £522 - £721
90th Percentile £596 £716 £789
North East median daily rate £475 £500 £584
% change year-on-year -5.00% -14.35% +29.72%
Number of hourly rates quoted 6 2 0
10th Percentile - £18.88 -
25th Percentile £13.75 £19.06 -
Median hourly rate £15.50 £19.75 -
Median % change year-on-year -21.52% - -
75th Percentile £19.25 £20.19 -
90th Percentile £19.75 £20.23 -
North East median hourly rate £15.50 £19.75 -
% change year-on-year -21.52% - -

All General Skills
Tyne and Wear

Finance falls under the General Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring common skills in Tyne and Wear.

Contract vacancies with a requirement for common skills 102 96 246
As % of all contract IT jobs advertised in Tyne and Wear 51.26% 57.49% 49.30%
Number of daily rates quoted 52 64 200
10th Percentile £301 £208 £363
25th Percentile £356 £392 £470
Median daily rate (50th Percentile) £425 £500 £550
Median % change year-on-year -15.00% -9.09% +15.79%
75th Percentile £553 £600 £638
90th Percentile £626 £720 £716
North East median daily rate £450 £448 £540
% change year-on-year +0.56% -17.13% +20.00%
Number of hourly rates quoted 8 7 5
10th Percentile - £17.60 £11.05
25th Percentile £13.75 £18.00 £11.50
Median hourly rate £15.60 £19.50 £12.50
Median % change year-on-year -20.03% +56.00% -4.98%
75th Percentile £19.75 £26.13 £14.50
90th Percentile £19.83 £32.70 £20.05
North East median hourly rate £17.50 £19.50 £12.50
% change year-on-year -10.26% +56.00% -10.71%

Finance
Job Vacancy Trend in Tyne and Wear

Job postings citing Finance as a proportion of all IT jobs advertised in Tyne and Wear.

Job vacancy trend for Finance in Tyne and Wear

Finance
Contractor Daily Rate Trend in Tyne and Wear

3-month moving average daily rate quoted in jobs citing Finance in Tyne and Wear.

Daily rate trend for Finance in Tyne and Wear

Finance
Daily Rate Histogram in Tyne and Wear

Daily rate distribution for jobs citing Finance in Tyne and Wear over the 6 months to 31 October 2024.

Daily rate histogram for Finance in Tyne and Wear

Finance
Contractor Hourly Rate Trend in Tyne and Wear

3-month moving average hourly rates quoted in jobs citing Finance in Tyne and Wear.

Hourly rate trend for Finance in Tyne and Wear

Finance
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 Finance within the Tyne and Wear region over the 6 months to 31 October 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 -5 15 £395 -34.17% 39
Sunderland - 5 £600 - 6
Finance
North East

Finance
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:

Business Applications
1 5 (23.81%) SAP CO
1 5 (23.81%) SAP FI
1 5 (23.81%) SAP FI/CO
1 5 (23.81%) SAP S/4HANA
2 1 (4.76%) Oracle EBS
Cloud Services
1 4 (19.05%) AWS
2 3 (14.29%) Kong
3 1 (4.76%) Azure
3 1 (4.76%) GCP
3 1 (4.76%) Miro
Communications & Networking
1 1 (4.76%) Internet
Database & Business Intelligence
1 1 (4.76%) Oracle Database
1 1 (4.76%) Oracle ODI
1 1 (4.76%) Oracle Reports
Development Applications
1 3 (14.29%) GitLab
2 1 (4.76%) Cucumber
2 1 (4.76%) Git
2 1 (4.76%) JIRA
2 1 (4.76%) Oracle APEX
2 1 (4.76%) Oracle Forms
2 1 (4.76%) REST Assured
General
1 10 (47.62%) Social Skills
2 6 (28.57%) Public Sector
3 5 (23.81%) General Ledger
3 5 (23.81%) Marketing
3 5 (23.81%) Retail
4 4 (19.05%) Electronics
4 4 (19.05%) Manufacturing
4 4 (19.05%) Telecoms
5 3 (14.29%) Banking
6 1 (4.76%) Digital Economy
6 1 (4.76%) Legal
Job Titles
1 5 (23.81%) Consultant
1 5 (23.81%) SAP CO Consultant
1 5 (23.81%) SAP Consultant
1 5 (23.81%) SAP FI Consultant
1 5 (23.81%) SAP FI/CO Consultant
1 5 (23.81%) Senior
1 5 (23.81%) Senior Consultant
1 5 (23.81%) Senior SAP CO Consultant
1 5 (23.81%) Senior SAP Consultant
1 5 (23.81%) Senior SAP FI Consultant
1 5 (23.81%) Senior SAP FI/CO Consultant
2 2 (9.52%) DevOps Engineer
2 2 (9.52%) Test Engineer
3 1 (4.76%) Designer
3 1 (4.76%) IT Analyst
3 1 (4.76%) IT Support
3 1 (4.76%) IT Support Analyst
3 1 (4.76%) Service Designer
3 1 (4.76%) Solutions Architect
3 1 (4.76%) Support Analyst
Libraries, Frameworks & Software Standards
1 1 (4.76%) Middleware
Processes & Methodologies
1 8 (38.10%) Problem-Solving
2 7 (33.33%) Collaborative Working
2 7 (33.33%) Customer Service
3 5 (23.81%) Accounts Payable
3 5 (23.81%) Accounts Receivable
3 5 (23.81%) Data Migration
3 5 (23.81%) GAP Analysis
3 5 (23.81%) Migration
4 4 (19.05%) Business Intelligence
4 4 (19.05%) Digital Marketing
4 4 (19.05%) Programme Management
5 3 (14.29%) Agile
5 3 (14.29%) DevOps
6 2 (9.52%) Customer Experience
6 2 (9.52%) Project Delivery
6 2 (9.52%) Strategic Thinking
7 1 (4.76%) Conflict Resolution
7 1 (4.76%) Cost Reduction
7 1 (4.76%) Knowledge Transfer
7 1 (4.76%) User Research
Programming Languages
1 1 (4.76%) Java
1 1 (4.76%) PL/SQL
1 1 (4.76%) SQL
Qualifications
1 5 (23.81%) Security Cleared
2 4 (19.05%) SC Cleared
Quality Assurance & Compliance
1 1 (4.76%) Accessibility
Systems Management
1 3 (14.29%) Kubernetes
1 3 (14.29%) Terraform
Vendors
1 9 (42.86%) SAP
2 1 (4.76%) Microsoft
2 1 (4.76%) Oracle
2 1 (4.76%) Salesforce
2 1 (4.76%) Salesforce Marketing Cloud