Banking
UK
The table below looks at the prevalence of the term Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Banking over the 6 months to 2 December 2023 with a comparison to the same period over the previous 2 years.
| 6 months to 2 Dec 2023 |
Same period 2022 | Same period 2021 | |
|---|---|---|---|
| Rank | 36 | 39 | 81 |
| Rank change year-on-year | +3 | +42 | -4 |
| Permanent jobs citing Banking | 3,506 | 8,256 | 5,191 |
| As % of all permanent jobs advertised in the UK | 6.57% | 6.59% | 4.01% |
| As % of the General category | 9.99% | 9.59% | 6.70% |
| Number of salaries quoted | 2,605 | 5,214 | 3,244 |
| 10th Percentile | £46,306 | £45,000 | £41,250 |
| 25th Percentile | £58,664 | £56,219 | £55,000 |
| Median annual salary (50th Percentile) | £75,000 | £75,000 | £75,000 |
| 75th Percentile | £96,539 | £97,290 | £97,500 |
| 90th Percentile | £123,937 | £119,168 | £118,750 |
| UK excluding London median annual salary | £70,576 | £63,956 | £55,000 |
| % change year-on-year | +10.35% | +16.28% | +0.92% |
All General Skills
UK
Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for common skills.
| Permanent vacancies with a requirement for common skills | 35,097 | 86,059 | 77,509 |
| As % of all permanent jobs advertised in the UK | 65.77% | 68.66% | 59.93% |
| Number of salaries quoted | 24,595 | 48,938 | 48,014 |
| 10th Percentile | £30,625 | £32,500 | £31,500 |
| 25th Percentile | £42,500 | £45,000 | £42,250 |
| Median annual salary (50th Percentile) | £60,000 | £60,000 | £57,500 |
| Median % change year-on-year | - | +4.35% | +4.55% |
| 75th Percentile | £80,000 | £82,500 | £78,750 |
| 90th Percentile | £100,000 | £100,000 | £97,500 |
| UK excluding London median annual salary | £50,000 | £52,500 | £49,500 |
| % change year-on-year | -4.76% | +6.06% | +4.21% |
Banking
Job Vacancy Trend
Job postings citing Banking as a proportion of all IT jobs advertised.
Banking
Salary Trend
3-month moving average salary quoted in jobs citing Banking.
Banking
Salary Histogram
Salary distribution for jobs citing Banking over the 6 months to 2 December 2023.
Banking
Top 17 Job Locations
The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking within the UK over the 6 months to 2 December 2023. 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 | +4 | 2,932 | £75,669 | +0.89% | 1,015 |
| UK excluding London | +37 | 1,762 | £70,576 | +10.35% | 340 |
| Work from Home | +7 | 1,651 | £72,500 | +2.50% | 848 |
| London | -4 | 1,639 | £85,000 | +6.25% | 773 |
| North of England | +36 | 677 | £70,576 | +10.22% | 94 |
| Scotland | +6 | 411 | £70,576 | +5.20% | 51 |
| Yorkshire | +19 | 352 | £70,576 | +4.56% | 38 |
| South West | +47 | 350 | £70,576 | +12.92% | 38 |
| North West | +57 | 324 | £69,447 | +16.67% | 51 |
| Midlands | +88 | 110 | £59,556 | +0.09% | 26 |
| South East | -16 | 91 | £60,000 | - | 91 |
| West Midlands | +68 | 74 | £59,556 | +0.09% | 16 |
| Wales | +15 | 57 | £51,528 | -12.08% | 7 |
| East of England | +111 | 44 | £30,450 | -52.24% | 14 |
| East Midlands | +51 | 36 | £55,000 | -8.33% | 10 |
| Northern Ireland | +33 | 22 | £70,000 | +16.67% | 23 |
| North East | +41 | 1 | £27,950 | -57.16% | 5 |
Banking
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:
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