Period
to 27 January 2022

The following table provides summary statistics for permanent job vacancies advertised in the North East 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 27 January 2022 with a comparison to the same period in the previous 2 years.

Cost Reduction
England > North East
6 months to
27 Jan 2022
Same period 2021 Same period 2020
Rank 108 80 102
Rank change year-on-year -28 +22 +12
Permanent jobs citing Cost Reduction 5 6 2
As % of all permanent jobs advertised in the North East 0.37% 0.63% 0.16%
As % of the Processes & Methodologies category 0.42% 0.69% 0.17%
Number of salaries quoted 3 6 2
10th Percentile £47,000 - £49,207
25th Percentile £48,125 £42,500 £51,769
Median annual salary (50th Percentile) £50,000 £45,000 £59,945
Median % change year-on-year +11.11% -24.93% +64.23%
75th Percentile - £47,500 £69,530
90th Percentile - £48,750 £72,935
England median annual salary £58,500 £52,500 £55,000
% change year-on-year +11.43% -4.55% -5.58%

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 the North East with a requirement for process or methodology skills.

All Process and Methodology Skills
North East
Permanent vacancies with a requirement for process or methodology skills 1,196 866 1,178
As % of all permanent IT jobs advertised in the North East 89.32% 90.68% 92.76%
Number of salaries quoted 861 720 860
10th Percentile £25,000 £29,000 £25,750
25th Percentile £32,500 £36,250 £32,500
Median annual salary (50th Percentile) £42,500 £45,000 £41,500
Median % change year-on-year -5.56% +8.43% -1.53%
75th Percentile £57,500 £57,500 £52,500
90th Percentile £70,000 £65,000 £61,025
England median annual salary £60,000 £55,000 £55,000
% change year-on-year +9.09% - +4.76%

Cost Reduction
Job Vacancy Trend in the North East

Job postings citing Cost Reduction as a proportion of all IT jobs advertised in the North East.

Job vacancy trend for Cost Reduction in the North East

Cost Reduction
Salary Trend in the North East

3-month moving average salary quoted in jobs citing Cost Reduction in the North East.

Salary trend for Cost Reduction in the North East

Cost Reduction
Job Locations in the North East

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Cost Reduction within the North East region over the 6 months to 27 January 2022. 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
Tyne and Wear -24 4 £50,000 +11.11% 3
Northumberland - 1 £47,500 -
Cost Reduction
England

For the 6 months to 27 January 2022, IT jobs citing Cost Reduction 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 North East region with a requirement for Cost Reduction.

1 3 (60.00%) Degree
1 3 (60.00%) Business Case
2 2 (40.00%) User Stories
2 2 (40.00%) PMO
2 2 (40.00%) Commercial Awareness
2 2 (40.00%) Self-Motivation
2 2 (40.00%) Problem-Solving
2 2 (40.00%) Critical Thinking
2 2 (40.00%) Requirements Gathering
2 2 (40.00%) JIRA
2 2 (40.00%) Data Protection Act
2 2 (40.00%) Computer Science
2 2 (40.00%) QA
2 2 (40.00%) Software Engineering
2 2 (40.00%) Software Testing
2 2 (40.00%) Integration Testing
2 2 (40.00%) Data Protection
2 2 (40.00%) Confluence
2 2 (40.00%) Analytical Skills
2 2 (40.00%) Linux
2 2 (40.00%) VPN
2 2 (40.00%) SLA
2 2 (40.00%) Configuration Management
3 1 (20.00%) Disaster Recovery
3 1 (20.00%) Wi-Fi
3 1 (20.00%) Data Management
3 1 (20.00%) Mainframe
3 1 (20.00%) SAN
3 1 (20.00%) LAN
3 1 (20.00%) WAN

Cost Reduction
Co-occurring IT Skills in the North East 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:

Application Platforms
1 2 (40.00%) Confluence
Communications & Networking
1 2 (40.00%) VPN
2 1 (20.00%) LAN
2 1 (20.00%) SAN
2 1 (20.00%) WAN
2 1 (20.00%) Wi-Fi
Development Applications
1 2 (40.00%) JIRA
General
1 2 (40.00%) Analytical Skills
2 1 (20.00%) Public Sector
2 1 (20.00%) Social Skills
Job Titles
1 2 (40.00%) Analyst
1 2 (40.00%) Business Analyst
2 1 (20.00%) Infrastructure Manager
2 1 (20.00%) Infrastructure Services Manager
2 1 (20.00%) Project Engineer
2 1 (20.00%) Service Manager
2 1 (20.00%) Systems Engineer
Libraries, Frameworks & Software Standards
1 1 (20.00%) Elastic Stack
1 1 (20.00%) Web Services
Miscellaneous
1 2 (40.00%) Data Protection Act
1 2 (40.00%) Self-Motivation
2 1 (20.00%) Mainframe
Operating Systems
1 2 (40.00%) Linux
2 1 (20.00%) Windows
Processes & Methodologies
1 3 (60.00%) Business Case
2 2 (40.00%) Commercial Awareness
2 2 (40.00%) Computer Science
2 2 (40.00%) Configuration Management
2 2 (40.00%) Critical Thinking
2 2 (40.00%) Data Protection
2 2 (40.00%) Integration Testing
2 2 (40.00%) Problem-Solving
2 2 (40.00%) Requirements Gathering
2 2 (40.00%) Software Engineering
2 2 (40.00%) Software Testing
2 2 (40.00%) User Stories
3 1 (20.00%) Cybersecurity
3 1 (20.00%) Data Engineering
3 1 (20.00%) Performance Testing
3 1 (20.00%) Project Delivery
3 1 (20.00%) Security Testing
3 1 (20.00%) Server Virtualisation
3 1 (20.00%) Software Delivery
3 1 (20.00%) System Testing
Qualifications
1 3 (60.00%) Degree
Quality Assurance & Compliance
1 2 (40.00%) PMO
1 2 (40.00%) QA
1 2 (40.00%) SLA
System Software
1 1 (20.00%) Virtual Machines
1 1 (20.00%) Virtual Servers
Systems Management
1 1 (20.00%) Kibana