Cost Reduction
South West > Somerset
The following table provides summary statistics for permanent job vacancies advertised in Somerset with a requirement for Cost Reduction skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Cost Reduction over the 6 months to 2 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 2 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 60 | - | - |
| Rank change year-on-year | - | - | - |
| Permanent jobs citing Cost Reduction | 2 | 0 | 0 |
| As % of all permanent jobs advertised in Somerset | 0.28% | - | - |
| As % of the Processes & Methodologies category | 0.38% | - | - |
| Number of salaries quoted | 2 | 0 | 0 |
| 10th Percentile | - | - | - |
| 25th Percentile | £52,500 | - | - |
| Median annual salary (50th Percentile) | £55,000 | - | - |
| 75th Percentile | £57,500 | - | - |
| 90th Percentile | - | - | - |
| South West median annual salary | £57,500 | £72,000 | £47,500 |
| % change year-on-year | -20.14% | +51.58% | +5.56% |
All Process and Methodology Skills
Somerset
Cost Reduction is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in Somerset with a requirement for process or methodology skills.
| Permanent vacancies with a requirement for process or methodology skills | 531 | 533 | 559 |
| As % of all permanent jobs advertised in Somerset | 73.14% | 91.11% | 85.21% |
| Number of salaries quoted | 430 | 332 | 353 |
| 10th Percentile | £26,500 | £28,000 | £28,000 |
| 25th Percentile | £32,500 | £34,803 | £36,250 |
| Median annual salary (50th Percentile) | £45,000 | £50,000 | £50,000 |
| Median % change year-on-year | -10.00% | - | +11.11% |
| 75th Percentile | £57,000 | £59,813 | £62,500 |
| 90th Percentile | £65,000 | £70,600 | £70,000 |
| South West median annual salary | £50,500 | £52,500 | £50,000 |
| % change year-on-year | -3.81% | +5.00% | +7.53% |
Cost Reduction
Job Vacancy Trend in Somerset
Job postings citing Cost Reduction as a proportion of all IT jobs advertised in Somerset.
Cost Reduction
Salary Trend in Somerset
3-month moving average salary quoted in jobs citing Cost Reduction in Somerset.
Cost Reduction
Job Locations in Somerset
The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Cost Reduction within the Somerset region over the 6 months to 2 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 Permanent IT Job Ads |
Median Salary Past 6 Months |
Median Salary % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| Shepton Mallet | - | 2 | £55,000 | - | |
| Cost Reduction South West |
|||||
Cost Reduction
Co-occurring Skills and Capabilities in Somerset 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: