The table below looks at the prevalence of the term Banking in permanent job vacancies advertised in Somerset. Included is a benchmarking guide to the salaries offered in vacancies that have cited Banking over the 3 months to 28 June 2017 with a comparison to the same period over the previous 2 years.

Banking
South West / Somerset
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 75 59 64
Rank change year-on-year -16 +5  
Permanent jobs citing Banking 5 19 4
As % of all permanent IT jobs advertised in Somerset 0.72% 2.83% 0.65%
As % of the General category 3.11% 8.92% 2.08%
Number of salaries quoted 5 8 1
Median salary £42,500 £45,000 £35,000
Median salary % change year-on-year -5.55% +28.57%  
90% offered a salary of more than £38,750 £23,000 £32,500
10% offered a salary of more than £53,000 £57,500 £37,500
UK excluding London median salary £50,000 £47,500 £50,000
% change year-on-year +5.26% -5.00%  

Banking is in the common skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in Somerset with a requirement for common skills.

General Skills
Somerset
Permanent job vacancies with a requirement for common skills 161 213 192
As % of all permanent IT job vacancies advertised in Somerset 23.03% 31.74% 31.02%
Number of salaries quoted 197 270 235
Median salary £42,500 £40,000 £34,000
Median salary % change year-on-year +6.25% +17.64%  
90% offered a salary of more than £27,500 £24,899 £24,000
10% offered a salary of more than £60,000 £48,750 £67,500
UK excluding London median salary £45,000 £45,000 £45,000

Banking
Job Vacancy Trend in Somerset

Job postings citing Banking as a percentage of all IT jobs advertised in Somerset.

Job vacancy trend for Banking in Somerset

Banking
Salary Trend in Somerset

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Banking in Somerset.

Salary trend for Banking in Somerset

Banking
Salary Histogram in Somerset

The salary distribution of IT jobs citing Banking in Somerset over the 3 months to 28 June 2017.

Salary histogram for Banking in Somerset

Banking
Job Locations in Somerset

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking within the Somerset region over the 3 months to 28 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Bath -7 5 £42,500 +21.42% 1
Banking
South West

For the 6 months to 28 June 2017, IT jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the Somerset region with a requirement for Banking.

1 13 (100.00%) Finance
2 6 (46.15%) Change Management
2 6 (46.15%) Investment Banking
2 6 (46.15%) Agile Software Development
3 5 (38.46%) TDD
3 5 (38.46%) Wealth Management
3 5 (38.46%) Manual Testing
3 5 (38.46%) Domain-Driven Design
3 5 (38.46%) RESTful
3 5 (38.46%) Open Source
3 5 (38.46%) Node.js
3 5 (38.46%) Hedge funds
3 5 (38.46%) SDLC
3 5 (38.46%) SOLID
3 5 (38.46%) Analytical Skills
3 5 (38.46%) Microservices
3 5 (38.46%) LAMP
3 5 (38.46%) Financial Institution
3 5 (38.46%) PHP
3 5 (38.46%) OOP
4 4 (30.77%) HP UFT
4 4 (30.77%) General Ledger
4 4 (30.77%) Waterfall
4 4 (30.77%) Selenium
5 3 (23.08%) Data Analytics
5 3 (23.08%) Analytics
6 2 (15.38%) Integration Testing
7 1 (7.69%) Mentoring
7 1 (7.69%) ASP.NET MVC 5
7 1 (7.69%) System Integration Testing

Banking
Co-occurring IT Skills in Somerset 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:

Development Applications
1 4 (30.77%) HP UFT
1 4 (30.77%) Selenium
General
1 13 (100.00%) Finance
2 6 (46.15%) Investment Banking
3 5 (38.46%) Financial Institution
4 4 (30.77%) General Ledger
5 1 (7.69%) Telecoms
Job Titles
1 7 (53.85%) Developer
2 5 (38.46%) PHP Developer
3 4 (30.77%) Tester
4 3 (23.08%) Manual Tester
5 2 (15.38%) Analyst
5 2 (15.38%) LAMP Developer
5 2 (15.38%) Manual Test Analyst
5 2 (15.38%) PHP LAMP Developer
5 2 (15.38%) Test Analyst
6 1 (7.69%) .NET Developer
6 1 (7.69%) Agile .NET Developer
6 1 (7.69%) Agile Developer
6 1 (7.69%) ASP.NET MVC Developer
6 1 (7.69%) Automation Tester
6 1 (7.69%) C++ Developer
6 1 (7.69%) Integration Analyst
6 1 (7.69%) Integration Test Analyst
6 1 (7.69%) Lead Developer
6 1 (7.69%) Low Latency C++ Developer
6 1 (7.69%) Systems Integration Analyst
Libraries, Frameworks & Software Standards
1 5 (38.46%) LAMP
1 5 (38.46%) Node.js
1 5 (38.46%) RESTful
2 1 (7.69%) .NET
2 1 (7.69%) ASP.NET
2 1 (7.69%) ASP.NET MVC
2 1 (7.69%) ASP.NET MVC 5
Miscellaneous
1 5 (38.46%) Analytical Skills
1 5 (38.46%) Hedge funds
Operating Systems
1 1 (7.69%) Windows
Processes & Methodologies
1 6 (46.15%) Agile Software Development
1 6 (46.15%) Change Management
2 5 (38.46%) Domain-Driven Design
2 5 (38.46%) Manual Testing
2 5 (38.46%) Microservices
2 5 (38.46%) OOP
2 5 (38.46%) Open Source
2 5 (38.46%) SDLC
2 5 (38.46%) SOLID
2 5 (38.46%) TDD
2 5 (38.46%) Wealth Management
3 4 (30.77%) Waterfall
4 3 (23.08%) Analytics
4 3 (23.08%) Data Analytics
5 2 (15.38%) Integration Testing
6 1 (7.69%) Low Latency
6 1 (7.69%) Mentoring
6 1 (7.69%) MVC
6 1 (7.69%) Scrum
6 1 (7.69%) System Integration Testing
Programming Languages
1 5 (38.46%) PHP
2 1 (7.69%) C
2 1 (7.69%) C++
Qualifications
1 1 (7.69%) Degree
1 1 (7.69%) ISEB
1 1 (7.69%) ISTQB
Quality Assurance & Compliance
1 1 (7.69%) QA
Vendors
1 1 (7.69%) Xamarin
Bath
Client Server
Salary: £55k to £65k + bonus + benefits
Posted: 15 days ago