Cost Optimization
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Cost Optimisation skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Cost Optimisation over the 6 months to 27 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 788 812 789
Rank change year-on-year +24 -23 +18
Permanent jobs citing Cost Optimisation 108 158 471
As % of all permanent jobs advertised in the UK 0.11% 0.15% 0.31%
As % of the Processes & Methodologies category 0.13% 0.16% 0.32%
Number of salaries quoted 77 67 156
10th Percentile £42,414 £50,250 £41,250
25th Percentile £52,500 £57,500 £51,125
Median annual salary (50th Percentile) £65,000 £80,000 £80,000
Median % change year-on-year -18.75% - +25.49%
75th Percentile £71,250 £102,500 £107,500
90th Percentile £77,500 £120,000 £120,000
UK excluding London median annual salary £57,500 £60,000 £51,500
% change year-on-year -4.17% +16.50% +5.64%

All Process and Methodology Skills
UK

Cost Optimisation 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 with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 84,305 100,095 147,310
As % of all permanent jobs advertised in the UK 85.99% 95.64% 95.57%
Number of salaries quoted 59,591 58,745 83,129
10th Percentile £29,000 £34,000 £33,500
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £62,000 £60,000
Median % change year-on-year -11.29% +3.33% +9.09%
75th Percentile £72,500 £82,500 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Cost Optimisation
Job Vacancy Trend

Job postings citing Cost Optimisation as a proportion of all IT jobs advertised.

Job vacancy trend for Cost Optimisation in the UK

Cost Optimisation
Salary Trend

3-month moving average salary quoted in jobs citing Cost Optimisation.

Salary trend for Cost Optimisation in the UK

Cost Optimisation
Salary Histogram

Salary distribution for jobs citing Cost Optimisation over the 6 months to 27 April 2024.

Salary histogram for Cost Optimisation in the UK

Cost Optimisation
Top 16 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Cost Optimisation within the UK over the 6 months to 27 April 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 +59 97 £65,000 -16.13% 45
UK excluding London +50 66 £57,500 -4.17% 27
Work from Home +89 38 £67,500 +3.85% 19
London +55 36 £67,500 -16.92% 17
Midlands +23 23 £67,500 +10.20% 3
South East +39 22 £57,500 +9.52% 7
West Midlands +35 17 £67,500 +10.20% 2
North of England +58 12 £41,774 -40.32% 12
Yorkshire +100 9 £40,000 -23.81% 5
East Midlands - 6 £65,000 - 1
Scotland -61 3 £81,250 -
East of England - 3 £47,500 - 2
North West +11 2 £41,774 -44.30% 6
Wales - 2 £65,000 - 2
South West -2 1 - -
North East - 1 £41,774 - 1

Cost Optimisation
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:

Application Platforms
1 2 (1.85%) SAS
2 1 (0.93%) IIS
Applications
1 2 (1.85%) SPSS
Cloud Services
1 31 (28.70%) AWS
2 29 (26.85%) Azure
3 9 (8.33%) Microsoft 365
4 7 (6.48%) Amazon EC2
4 7 (6.48%) Cloud Computing
4 7 (6.48%) IaaS
5 4 (3.70%) Amazon S3
5 4 (3.70%) PaaS
5 4 (3.70%) Power Platform
5 4 (3.70%) SaaS
6 3 (2.78%) Azure Storage
6 3 (2.78%) GCP
6 3 (2.78%) Serverless
7 2 (1.85%) Amazon EKS
7 2 (1.85%) AWS CloudFormation
7 2 (1.85%) AWS Lambda
7 2 (1.85%) Azure DevOps
7 2 (1.85%) Entra ID
7 2 (1.85%) Virtual Private Cloud
8 1 (0.93%) Power Automate
Communications & Networking
1 8 (7.41%) BGP
1 8 (7.41%) LAN
1 8 (7.41%) MPLS
1 8 (7.41%) Network Security
1 8 (7.41%) OSPF
1 8 (7.41%) WAN
2 5 (4.63%) VLAN
3 3 (2.78%) Cisco ISE
3 3 (2.78%) EIGRP
3 3 (2.78%) Firewall
3 3 (2.78%) Intrusion Detection
3 3 (2.78%) SD-WAN
3 3 (2.78%) VPN
3 3 (2.78%) Wi-Fi
Database & Business Intelligence
1 9 (8.33%) Amazon RDS
2 8 (7.41%) SQL Server
3 5 (4.63%) PostgreSQL
4 4 (3.70%) Power BI
5 2 (1.85%) Amazon Athena
5 2 (1.85%) Amazon QuickSight
5 2 (1.85%) Amazon Redshift
5 2 (1.85%) Big Data
5 2 (1.85%) BusinessObjects
5 2 (1.85%) DynamoDB
6 1 (0.93%) Azure SQL Database
6 1 (0.93%) Data Lake
6 1 (0.93%) Data Warehouse
6 1 (0.93%) Elasticsearch
6 1 (0.93%) MongoDB
6 1 (0.93%) NoSQL
6 1 (0.93%) Redis
6 1 (0.93%) Relational Database
6 1 (0.93%) SQL Server Integration Services
6 1 (0.93%) SQL Server Reporting Services
Development Applications
1 2 (1.85%) GitLab
1 2 (1.85%) Jenkins
General
1 44 (40.74%) Finance
2 37 (34.26%) Social Skills
3 26 (24.07%) Analytical Skills
4 12 (11.11%) Legal
5 9 (8.33%) Influencing Skills
6 8 (7.41%) Retail
7 7 (6.48%) Manufacturing
7 7 (6.48%) Telecoms
8 6 (5.56%) Inclusion and Diversity
9 4 (3.70%) Marketing
10 3 (2.78%) Aviation
11 2 (1.85%) Organisational Skills
12 1 (0.93%) Automotive
12 1 (0.93%) Law
12 1 (0.93%) Wearables
Job Titles
1 21 (19.44%) Analyst
1 21 (19.44%) IT Manager
2 14 (12.96%) Service Analyst
3 11 (10.19%) Architect
4 10 (9.26%) Procurement Analyst
4 10 (9.26%) Senior
5 9 (8.33%) Category Manager
5 9 (8.33%) Lead
6 7 (6.48%) Service Management Analyst
7 6 (5.56%) AWS Architect
7 6 (5.56%) Business Manager
8 5 (4.63%) Cloud Infrastructure Manager
8 5 (4.63%) DevOps Engineer
8 5 (4.63%) Infrastructure Manager
8 5 (4.63%) Mobile Engineer
9 4 (3.70%) Data Architect
9 4 (3.70%) Data Engineer
9 4 (3.70%) Senior Data Engineer
9 4 (3.70%) Solutions Architect
10 3 (2.78%) Senior DevOps
Libraries, Frameworks & Software Standards
1 3 (2.78%) .NET
2 2 (1.85%) EDI
3 1 (0.93%) ARM Templates
3 1 (0.93%) LDAP
3 1 (0.93%) PySpark
Miscellaneous
1 16 (14.81%) Data Centre
2 7 (6.48%) Onboarding
3 5 (4.63%) Clustering
3 5 (4.63%) Legacy Systems
4 3 (2.78%) Cyber Threat
4 3 (2.78%) Enterprise Software
4 3 (2.78%) Hybrid Cloud
4 3 (2.78%) Management Information System
5 2 (1.85%) Blockchain
5 2 (1.85%) Public Cloud
5 2 (1.85%) Renewable Energy
6 1 (0.93%) Analytical Mindset
6 1 (0.93%) Driving Licence
6 1 (0.93%) Legacy Applications
6 1 (0.93%) Private Cloud
6 1 (0.93%) Product Ownership
6 1 (0.93%) Self-Motivation
Operating Systems
1 8 (7.41%) Windows
2 7 (6.48%) Linux
3 3 (2.78%) Windows Server
4 1 (0.93%) Ubuntu
4 1 (0.93%) Windows Server 2012
4 1 (0.93%) Windows Server 2016
4 1 (0.93%) Windows Server 2019
Processes & Methodologies
1 24 (22.22%) FinOps
2 19 (17.59%) Cost Management
3 18 (16.67%) Continuous Improvement
4 17 (15.74%) Contract Management
4 17 (15.74%) Problem-Solving
5 15 (13.89%) Asset Management
5 15 (13.89%) Budgeting
5 15 (13.89%) IT Asset Management
6 11 (10.19%) ITIL
6 11 (10.19%) Process Improvement
6 11 (10.19%) Roadmaps
7 10 (9.26%) Mentoring
7 10 (9.26%) Supplier Management
8 9 (8.33%) Containerisation
8 9 (8.33%) ERP
8 9 (8.33%) Project Management
8 9 (8.33%) Stakeholder Management
8 9 (8.33%) Visualisation
9 8 (7.41%) Budget Management
9 8 (7.41%) Business Case
Programming Languages
1 12 (11.11%) Python
2 10 (9.26%) SQL
3 7 (6.48%) PowerShell
4 3 (2.78%) C#
5 2 (1.85%) Bicep
5 2 (1.85%) Go
6 1 (0.93%) Bash
6 1 (0.93%) T-SQL
Qualifications
1 19 (17.59%) Degree
2 4 (3.70%) Computer Science Degree
3 3 (2.78%) Security Cleared
4 2 (1.85%) AWS Certification
4 2 (1.85%) AWS Certified Solutions Architect
4 2 (1.85%) Azure Certification
4 2 (1.85%) DBS Check
4 2 (1.85%) Master's Degree
4 2 (1.85%) Numerate Degree
5 1 (0.93%) AWS Certified DevOps Engineer
5 1 (0.93%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (5.56%) Cyber Essentials
1 6 (5.56%) ISO/IEC 27001
2 5 (4.63%) Cyber Essentials PLUS
2 5 (4.63%) PCI DSS
3 1 (0.93%) ISO 9001
3 1 (0.93%) SOC 2
System Software
1 9 (8.33%) Docker
2 4 (3.70%) Active Directory
3 3 (2.78%) VMware Infrastructure
Systems Management
1 14 (12.96%) Terraform
2 10 (9.26%) Kubernetes
3 5 (4.63%) Failover Clustering
3 5 (4.63%) Microsoft Clustering
4 3 (2.78%) Ansible
5 1 (0.93%) Puppet
Vendors
1 13 (12.04%) Microsoft
2 10 (9.26%) Cisco
2 10 (9.26%) ServiceNow
3 8 (7.41%) Juniper
4 5 (4.63%) Aruba
4 5 (4.63%) Ericsson
4 5 (4.63%) Nokia
4 5 (4.63%) SAP
4 5 (4.63%) VMware
5 3 (2.78%) Ariba
5 3 (2.78%) BT
5 3 (2.78%) Fortinet
5 3 (2.78%) IBM
5 3 (2.78%) Oracle
5 3 (2.78%) Palo Alto
5 3 (2.78%) SolarWinds
6 2 (1.85%) Citrix
6 2 (1.85%) Symantec
7 1 (0.93%) Broadcom
7 1 (0.93%) NetApp