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 3 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 3 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 67 | 35 | 65 |
| Rank change year-on-year | -32 | +30 | +20 |
| Permanent jobs citing Banking | 3,661 | 7,254 | 8,209 |
| As % of all permanent jobs advertised in the UK | 3.71% | 6.99% | 5.24% |
| As % of the General category | 6.20% | 10.23% | 8.22% |
| Number of salaries quoted | 2,212 | 4,499 | 3,996 |
| 10th Percentile | £46,306 | £46,433 | £41,375 |
| 25th Percentile | £62,500 | £56,219 | £55,000 |
| Median annual salary (50th Percentile) | £83,577 | £75,000 | £73,999 |
| Median % change year-on-year | +11.44% | +1.35% | -1.33% |
| 75th Percentile | £107,500 | £97,500 | £96,250 |
| 90th Percentile | £138,750 | £126,500 | £112,500 |
| UK excluding London median annual salary | £70,576 | £64,750 | £57,810 |
| % change year-on-year | +9.00% | +12.00% | +0.54% |
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 | 59,028 | 70,875 | 99,909 |
| As % of all permanent jobs advertised in the UK | 59.86% | 68.29% | 63.83% |
| Number of salaries quoted | 39,629 | 38,205 | 51,280 |
| 10th Percentile | £27,500 | £32,500 | £32,500 |
| 25th Percentile | £36,250 | £43,269 | £42,500 |
| Median annual salary (50th Percentile) | £52,500 | £60,000 | £60,000 |
| Median % change year-on-year | -12.50% | - | +9.09% |
| 75th Percentile | £72,500 | £82,500 | £80,000 |
| 90th Percentile | £92,500 | £101,250 | £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 3 May 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 3 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 |
|---|---|---|---|---|---|
| England | -37 | 2,876 | £84,000 | +12.00% | 722 |
| UK excluding London | -48 | 1,811 | £70,576 | +9.00% | 209 |
| London | -6 | 1,767 | £90,000 | +5.88% | 546 |
| Work from Home | -54 | 1,272 | £80,000 | +14.29% | 270 |
| Scotland | -31 | 676 | £72,500 | +4.40% | 34 |
| North of England | -62 | 424 | £70,576 | +15.36% | 60 |
| South West | -20 | 397 | £70,576 | +7.50% | 26 |
| Yorkshire | -34 | 200 | £70,576 | +10.22% | 15 |
| North West | -71 | 180 | £70,000 | +16.67% | 41 |
| South East | -80 | 133 | £60,000 | -7.69% | 34 |
| Midlands | -69 | 110 | £55,000 | - | 33 |
| West Midlands | -60 | 66 | £55,000 | - | 21 |
| North East | +27 | 44 | £56,750 | +106.36% | 4 |
| East Midlands | -30 | 43 | £70,000 | +16.67% | 12 |
| East of England | -36 | 36 | £60,000 | -4.00% | 16 |
| Wales | -32 | 33 | £51,528 | -6.11% | 4 |
| Northern Ireland | +10 | 12 | £100,000 | +97.04% | 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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