Financial Technology (FinTech)
South West > Somerset
The following table provides summary statistics for permanent job vacancies advertised in Somerset with a requirement for Fintech skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Fintech over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 9 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 59 | 43 | 45 |
| Rank change year-on-year | -16 | +2 | -27 |
| Permanent jobs citing Fintech | 3 | 27 | 24 |
| As % of all permanent jobs advertised in Somerset | 0.41% | 4.55% | 3.63% |
| As % of the Processes & Methodologies category | 0.57% | 4.99% | 4.32% |
| Number of salaries quoted | 3 | 26 | 23 |
| 10th Percentile | £59,500 | £28,125 | £27,500 |
| 25th Percentile | £60,625 | £37,500 | £35,500 |
| Median annual salary (50th Percentile) | £67,500 | £52,500 | £45,000 |
| Median % change year-on-year | +28.57% | +16.67% | +1.69% |
| 75th Percentile | £78,125 | £61,250 | £61,250 |
| 90th Percentile | £79,250 | £68,750 | £69,000 |
| South West median annual salary | £62,500 | £67,500 | £52,500 |
| % change year-on-year | -7.41% | +28.57% | +5.00% |
All Process and Methodology Skills
Somerset
Fintech 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 | 529 | 541 | 555 |
| As % of all permanent jobs advertised in Somerset | 71.97% | 91.23% | 83.84% |
| Number of salaries quoted | 430 | 334 | 354 |
| 10th Percentile | £26,500 | £28,000 | £28,000 |
| 25th Percentile | £32,500 | £35,000 | £36,063 |
| Median annual salary (50th Percentile) | £46,000 | £50,000 | £50,000 |
| Median % change year-on-year | -8.00% | - | +11.11% |
| 75th Percentile | £57,000 | £60,000 | £62,500 |
| 90th Percentile | £65,000 | £72,125 | £71,750 |
| South West median annual salary | £51,000 | £52,500 | £50,000 |
| % change year-on-year | -2.86% | +5.00% | +7.72% |
Fintech
Job Vacancy Trend in Somerset
Job postings citing Fintech as a proportion of all IT jobs advertised in Somerset.
Fintech
Salary Trend in Somerset
3-month moving average salary quoted in jobs citing Fintech in Somerset.
Fintech
Job Locations in Somerset
The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Fintech within the Somerset region over the 6 months to 9 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 |
|---|---|---|---|---|---|
| Bath | -14 | 3 | £67,500 | +22.73% | 5 |
| Fintech South West |
|||||
Fintech
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: