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 7 June 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 7 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 71 | 34 | 61 |
| Rank change year-on-year | -37 | +27 | +25 |
| Permanent jobs citing Banking | 3,623 | 6,401 | 9,510 |
| As % of all permanent jobs advertised in the UK | 3.36% | 6.83% | 5.55% |
| As % of the General category | 5.83% | 10.09% | 8.51% |
| Number of salaries quoted | 2,158 | 3,987 | 4,387 |
| 10th Percentile | £47,231 | £46,350 | £41,250 |
| 25th Percentile | £65,000 | £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 | £119,688 | £100,000 | £94,000 |
| 90th Percentile | £143,750 | £130,000 | £111,250 |
| UK excluding London median annual salary | £65,066 | £65,000 | £60,000 |
| % change year-on-year | +0.10% | +8.33% | +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 | 62,111 | 63,448 | 111,772 |
| As % of all permanent jobs advertised in the UK | 57.56% | 67.70% | 65.22% |
| Number of salaries quoted | 40,626 | 35,352 | 52,401 |
| 10th Percentile | £27,500 | £32,250 | £32,500 |
| 25th Percentile | £36,250 | £42,874 | £42,500 |
| Median annual salary (50th Percentile) | £52,500 | £60,000 | £60,000 |
| Median % change year-on-year | -12.50% | - | +9.09% |
| 75th Percentile | £71,250 | £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 7 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 7 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 | -42 | 2,943 | £87,500 | +16.67% | 689 |
| London | -4 | 1,943 | £95,000 | +11.76% | 488 |
| UK excluding London | -72 | 1,602 | £65,066 | +0.10% | 231 |
| Work from Home | -52 | 1,293 | £90,000 | +27.66% | 377 |
| Scotland | -28 | 587 | £72,500 | +4.40% | 37 |
| South West | -32 | 379 | £70,576 | +12.92% | 37 |
| North of England | -93 | 328 | £69,447 | +15.27% | 63 |
| North West | -101 | 145 | £67,500 | +12.50% | 46 |
| Yorkshire | -76 | 133 | £70,576 | +15.36% | 14 |
| South East | -102 | 123 | £60,000 | -7.94% | 44 |
| Midlands | -76 | 120 | £55,000 | -2.65% | 30 |
| West Midlands | -60 | 70 | £50,000 | -11.50% | 15 |
| North East | +22 | 50 | £58,500 | +112.73% | 3 |
| East Midlands | -51 | 49 | £70,000 | +16.67% | 14 |
| East of England | -45 | 42 | £50,000 | -23.08% | 5 |
| Wales | -45 | 25 | £67,500 | +22.99% | 9 |
| Northern Ireland | -13 | 8 | £82,500 | +32.00% | 9 |
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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