Period
to 30 May 2020

The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Target Operating Model skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Target Operating Model over the 6 months to 30 May 2020 with a comparison to the same period in the previous 2 years.

Target Operating Model (TOM)
Central London > City of London
6 months to
30 May 2020
Same period 2019 Same period 2018
Rank 227 282 306
Rank change year-on-year +55 +24 -30
Permanent jobs citing Target Operating Model 31 39 38
As % of all permanent jobs advertised in the City of London 0.46% 0.39% 0.36%
As % of the Processes & Methodologies category 0.48% 0.42% 0.38%
Number of salaries quoted 31 36 23
Median annual salary £72,500 £56,750 £70,000
Median salary % change year-on-year +27.75% -18.93% -3.45%
10th Percentile £37,500 £31,750 £45,000
90th Percentile £107,500 £122,500 £101,750
Central London median annual salary £72,500 £56,750 £70,000
% change year-on-year +27.75% -18.93% -14.63%

Target Operating Model 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 the City of London with a requirement for process or methodology skills.

All Process and Methodology Skills
City of London
Permanent vacancies with a requirement for process or methodology skills 6,404 9,356 9,997
As % of all permanent IT jobs advertised in the City of London 94.29% 93.21% 94.04%
Number of salaries quoted 5,573 8,314 8,853
Median annual salary £69,000 £65,000 £62,500
Median salary % change year-on-year +6.15% +4.00% +4.17%
10th Percentile £41,250 £37,500 £37,000
90th Percentile £100,000 £97,500 £93,750
Central London median annual salary £70,000 £65,000 £60,000
% change year-on-year +7.69% +8.33% -

Target Operating Model
Job Vacancy Trend in the City of London

Job postings citing Target Operating Model as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Target Operating Model in the City of London

Target Operating Model
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Target Operating Model in the City of London.

Salary trend for Target Operating Model in the City of London

Target Operating Model
Salary Histogram in the City of London

Salary distribution for jobs citing Target Operating Model in the City of London over the 6 months to 30 May 2020.

Salary histogram for Target Operating Model in the City of London

For the 6 months to 30 May 2020, IT jobs citing Target Operating Model also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the City of London region with a requirement for Target Operating Model.

1 22 (70.97%) Business Analysis
2 20 (64.52%) User Acceptance Testing
3 19 (61.29%) Microsoft
4 16 (51.61%) Project Management
4 16 (51.61%) Analytics
5 14 (45.16%) Business Analytics
5 14 (45.16%) Guidewire
5 14 (45.16%) Business Continuity Planning
5 14 (45.16%) Power BI
5 14 (45.16%) Translating Business Requirements
5 14 (45.16%) Regulatory Compliance
5 14 (45.16%) Power Platform
5 14 (45.16%) BCP
5 14 (45.16%) Management Information System
5 14 (45.16%) Business Intelligence
5 14 (45.16%) SQL
5 14 (45.16%) Data Warehouse
5 14 (45.16%) Migration
5 14 (45.16%) Business Continuity
5 14 (45.16%) Information Management
6 13 (41.94%) Agile Software Development
7 9 (29.03%) Degree
7 9 (29.03%) Computer Science
7 9 (29.03%) Computer Science Degree
7 9 (29.03%) Reinsurance
8 8 (25.81%) Finance
9 7 (22.58%) Six Sigma
10 6 (19.35%) Stakeholder Management
10 6 (19.35%) Data Analysis
10 6 (19.35%) Lean Six Sigma

Target Operating Model
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 4 (12.90%) Microsoft Excel
1 4 (12.90%) Microsoft PowerPoint
2 3 (9.68%) Microsoft Office
3 2 (6.45%) MS Visio
4 1 (3.23%) Microsoft Project
Cloud Services
1 14 (45.16%) Power Platform
2 1 (3.23%) Office 365
Communications & Networking
1 1 (3.23%) Firewall
Database & Business Intelligence
1 14 (45.16%) Data Warehouse
1 14 (45.16%) Power BI
General
1 8 (25.81%) Finance
2 5 (16.13%) Legal
3 2 (6.45%) Marketing
4 1 (3.23%) Public Sector
Job Titles
1 22 (70.97%) Analyst
2 17 (54.84%) Business Analyst
3 9 (29.03%) Insurance Business Analyst
4 7 (22.58%) Technical Analyst
4 7 (22.58%) Technical Business Analyst
5 5 (16.13%) Business Systems Analyst
5 5 (16.13%) Insurance Systems Analyst
5 5 (16.13%) Senior Analyst
5 5 (16.13%) Senior Business Analyst
5 5 (16.13%) Senior Technical Analyst
5 5 (16.13%) Senior Technical Business Analyst
5 5 (16.13%) Systems Analyst
6 4 (12.90%) Head of Engineering
6 4 (12.90%) Head of Finance
7 3 (9.68%) Project Manager
8 2 (6.45%) IT Manager
8 2 (6.45%) IT Project Manager
9 1 (3.23%) Senior Project Manager
9 1 (3.23%) Services Director
9 1 (3.23%) Strategy Manager
Miscellaneous
1 14 (45.16%) Management Information System
2 9 (29.03%) Reinsurance
3 3 (9.68%) Mobile App
4 2 (6.45%) Analytical Mindset
4 2 (6.45%) Analytical Skills
Operating Systems
1 4 (12.90%) Windows
1 4 (12.90%) Windows Server
Processes & Methodologies
1 22 (70.97%) Business Analysis
2 20 (64.52%) User Acceptance Testing
3 16 (51.61%) Analytics
3 16 (51.61%) Project Management
4 14 (45.16%) BCP
4 14 (45.16%) Business Analytics
4 14 (45.16%) Business Continuity
4 14 (45.16%) Business Continuity Planning
4 14 (45.16%) Business Intelligence
4 14 (45.16%) Information Management
4 14 (45.16%) Migration
4 14 (45.16%) Regulatory Compliance
4 14 (45.16%) Translating Business Requirements
5 13 (41.94%) Agile Software Development
6 9 (29.03%) Computer Science
7 7 (22.58%) Six Sigma
8 6 (19.35%) Change Management
8 6 (19.35%) Data Analysis
8 6 (19.35%) Lean Six Sigma
8 6 (19.35%) Stakeholder Management
Programming Languages
1 14 (45.16%) SQL
Qualifications
1 9 (29.03%) Computer Science Degree
1 9 (29.03%) Degree
2 5 (16.13%) CBAP
2 5 (16.13%) IIBA
3 2 (6.45%) MCSE
3 2 (6.45%) Microsoft Certification
4 1 (3.23%) CCNP
4 1 (3.23%) CESG Certified Professional
4 1 (3.23%) Cisco Certification
4 1 (3.23%) CISM
4 1 (3.23%) CISSP
4 1 (3.23%) SANS
4 1 (3.23%) SC Cleared
4 1 (3.23%) Security Cleared
4 1 (3.23%) Six Sigma Master Black Belt
4 1 (3.23%) Six Sigma Yellow Belt
Quality Assurance & Compliance
1 2 (6.45%) PMO
System Software
1 4 (12.90%) Active Directory
Systems Management
1 4 (12.90%) SCCM
1 4 (12.90%) SCOM
Vendors
1 19 (61.29%) Microsoft
2 14 (45.16%) Guidewire