Cost Management Job Trends in Somerset

Cost Management
South West > Somerset

The table below provides summary statistics and salary benchmarking for jobs advertised in Somerset requiring Cost Management skills. It covers permanent job vacancies from the 6 months leading up to 11 October 2026, with comparisons to the same periods in the previous two years.

6 months to
11 Oct 2026
Same period 2025 Same period 2024
Rank 75 - 53
Rank change year-on-year - - -7
Permanent jobs citing Cost Management 3 0 1
As % of all permanent jobs in Somerset 0.26% - 0.14%
As % of the Processes & Methodologies category 0.37% - 0.24%
Number of salaries quoted 1 0 1
10th Percentile - - -
25th Percentile - - £57,500
Median annual salary (50th Percentile) £43,000 - £60,000
Median % change year-on-year - - -7.69%
75th Percentile - - £62,500
90th Percentile - - -
South West median annual salary £45,000 - £58,750
% change year-on-year - - -2.08%

All Process & Methodology Skills
Somerset

Cost Management falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all permanent job vacancies requiring process or methodology skills in Somerset.

Permanent vacancies with a requirement for process or methodology skills 804 335 424
As % of all permanent jobs advertised in Somerset 70.03% 80.53% 59.72%
Number of salaries quoted 514 160 204
10th Percentile £28,750 £26,500 £30,375
25th Percentile £35,000 £29,750 £38,563
Median annual salary (50th Percentile) £50,000 £41,355 £52,000
Median % change year-on-year +20.90% -20.47% +4.74%
75th Percentile £60,000 £56,438 £61,563
90th Percentile £70,000 £73,875 £81,250
South West median annual salary £55,000 £47,500 £55,000
% change year-on-year +15.79% -13.64% -

Cost Management
Job Vacancy Trend in Somerset

Historical trend showing the proportion of permanent IT job postings citing Cost Management relative to all permanent IT jobs advertised in Somerset.

Cost Management job vacancy trend in Somerset

Cost Management
Salary Trend in Somerset

Salary distribution trend for jobs in Somerset citing Cost Management.

Salary distribution trend for jobs in Somerset citing Cost Management

Cost Management
Co-Occurring Skills & Capabilities in Somerset by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Applications
1 1 (33.33%) Microsoft Office
General
1 3 (100.00%) Finance
2 2 (66.67%) Legal
3 1 (33.33%) Manufacturing
3 1 (33.33%) Organisational Skills
3 1 (33.33%) Social Skills
Job Titles
1 2 (66.67%) Buyer
1 2 (66.67%) Lead
1 2 (66.67%) Procurement Specialist
2 1 (33.33%) Coordinator
Processes & Methodologies
1 3 (100.00%) Customer Requirements
1 3 (100.00%) Logistics
2 2 (66.67%) Continuous Improvement
2 2 (66.67%) Contract Negotiation
2 2 (66.67%) Cost Optimisation
2 2 (66.67%) Market Research
2 2 (66.67%) Performance Management
2 2 (66.67%) Performance Metrics
2 2 (66.67%) Risk Management
2 2 (66.67%) Supply Chain Management
3 1 (33.33%) Collaborative Working
3 1 (33.33%) CRM
3 1 (33.33%) Customer Service
3 1 (33.33%) ERP
Qualifications
1 2 (66.67%) Degree
Vendors
1 1 (33.33%) Microsoft