Banking
UK
The table below looks at the prevalence of the term Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Banking over the 6 months to 2 June 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 2 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 71 | 34 | 62 |
| Rank change year-on-year | -37 | +28 | +24 |
| Permanent jobs citing Banking | 3,627 | 6,412 | 9,334 |
| As % of all permanent jobs advertised in the UK | 3.45% | 6.76% | 5.52% |
| As % of the General category | 5.93% | 9.99% | 8.47% |
| Number of salaries quoted | 2,155 | 4,006 | 4,286 |
| 10th Percentile | £47,338 | £46,250 | £41,250 |
| 25th Percentile | £63,750 | £56,219 | £55,000 |
| Median annual salary (50th Percentile) | £85,000 | £75,000 | £72,500 |
| Median % change year-on-year | +13.33% | +3.45% | -3.33% |
| 75th Percentile | £115,000 | £100,000 | £94,000 |
| 90th Percentile | £142,500 | £130,000 | £111,250 |
| UK excluding London median annual salary | £67,500 | £64,750 | £60,000 |
| % change year-on-year | +4.25% | +7.92% | +4.35% |
All General Skills
UK
Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for common skills.
| Permanent vacancies with a requirement for common skills | 61,146 | 64,155 | 110,151 |
| As % of all permanent jobs advertised in the UK | 58.10% | 67.68% | 65.14% |
| Number of salaries quoted | 40,306 | 35,663 | 51,819 |
| 10th Percentile | £27,500 | £32,500 | £32,500 |
| 25th Percentile | £36,250 | £43,000 | £42,521 |
| Median annual salary (50th Percentile) | £52,500 | £60,000 | £60,000 |
| Median % change year-on-year | -12.50% | - | +9.09% |
| 75th Percentile | £71,725 | £81,250 | £80,000 |
| 90th Percentile | £92,500 | £102,500 | £97,500 |
| UK excluding London median annual salary | £47,500 | £52,500 | £50,000 |
| % change year-on-year | -9.52% | +5.00% | +5.26% |
Banking
Job Vacancy Trend
Job postings citing Banking as a proportion of all IT jobs advertised.
Banking
Salary Trend
3-month moving average salary quoted in jobs citing Banking.
Banking
Salary Histogram
Salary distribution for jobs citing Banking over the 6 months to 2 June 2024.
Banking
Top 17 Job Locations
The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking within the UK over the 6 months to 2 June 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 Permanent IT Job Ads |
Median Salary Past 6 Months |
Median Salary % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| England | -39 | 2,925 | £87,500 | +16.67% | 807 |
| London | -3 | 1,900 | £92,500 | +8.82% | 600 |
| UK excluding London | -67 | 1,649 | £67,500 | +4.25% | 228 |
| Work from Home | -53 | 1,286 | £87,500 | +25.00% | 347 |
| Scotland | -29 | 609 | £72,500 | +4.40% | 38 |
| South West | -31 | 374 | £70,576 | +12.02% | 31 |
| North of England | -78 | 359 | £70,000 | +16.18% | 50 |
| Yorkshire | -56 | 156 | £70,576 | +15.36% | 9 |
| North West | -99 | 153 | £68,490 | +14.15% | 37 |
| South East | -91 | 125 | £60,000 | -7.94% | 56 |
| Midlands | -74 | 117 | £55,000 | -2.65% | 32 |
| West Midlands | -65 | 67 | £55,000 | -1.79% | 14 |
| North East | +27 | 50 | £58,500 | +112.73% | 4 |
| East Midlands | -43 | 49 | £70,000 | +16.67% | 18 |
| East of England | -46 | 42 | £50,000 | -23.08% | 6 |
| Wales | -45 | 25 | £69,038 | +25.79% | 13 |
| Northern Ireland | -8 | 8 | £82,500 | +37.50% | 4 |
Banking
Co-occurring Skills and Capabilities 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:
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