Markets in Financial Instruments Directive (MiFID)
UK
The following table provides summary statistics for permanent job vacancies with a requirement for MiFID skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited MiFID over the 6 months to 28 April 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 28 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 893 | 876 | 1094 |
| Rank change year-on-year | -17 | +218 | -303 |
| Permanent jobs citing MiFID | 12 | 97 | 128 |
| As % of all permanent jobs advertised in the UK | 0.012% | 0.093% | 0.083% |
| As % of the Quality Assurance & Compliance category | 0.089% | 0.48% | 0.50% |
| Number of salaries quoted | 7 | 68 | 90 |
| 10th Percentile | £53,400 | £53,750 | £56,250 |
| 25th Percentile | £67,500 | £70,735 | £68,813 |
| Median annual salary (50th Percentile) | £97,500 | £83,750 | £85,000 |
| Median % change year-on-year | +16.42% | -1.47% | +3.03% |
| 75th Percentile | £105,625 | £97,500 | £112,188 |
| 90th Percentile | £119,500 | £100,875 | £138,750 |
| UK excluding London median annual salary | £58,250 | - | £90,000 |
All Quality Assurance and Compliance Skills
UK
MiFID is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for quality assurance or compliance skills.
| Permanent vacancies with a requirement for quality assurance or compliance skills | 13,492 | 20,036 | 25,781 |
| As % of all permanent jobs advertised in the UK | 13.75% | 19.26% | 16.71% |
| Number of salaries quoted | 9,235 | 9,199 | 13,238 |
| 10th Percentile | £27,000 | £32,000 | £31,250 |
| 25th Percentile | £36,250 | £42,500 | £41,250 |
| Median annual salary (50th Percentile) | £52,500 | £57,500 | £55,000 |
| Median % change year-on-year | -8.70% | +4.55% | +4.76% |
| 75th Percentile | £70,000 | £76,250 | £73,750 |
| 90th Percentile | £90,000 | £93,750 | £90,000 |
| UK excluding London median annual salary | £47,500 | £50,000 | £47,500 |
| % change year-on-year | -5.00% | +5.26% | - |
MiFID
Job Vacancy Trend
Job postings citing MiFID as a proportion of all IT jobs advertised.
MiFID
Salary Trend
3-month moving average salary quoted in jobs citing MiFID.
MiFID
Salary Histogram
Salary distribution for jobs citing MiFID over the 6 months to 28 April 2024.
MiFID
Top 8 Job Locations
The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing MiFID within the UK over the 6 months to 28 April 2024. 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 | +32 | 11 | £98,750 | +17.91% | 37 |
| London | +51 | 8 | £100,000 | +19.40% | 36 |
| Work from Home | +33 | 4 | £86,250 | +7.42% | 8 |
| UK excluding London | - | 4 | £58,250 | - | 1 |
| North of England | - | 2 | - | - | |
| North West | - | 2 | - | - | |
| South East | - | 1 | £75,000 | - | |
| Scotland | - | 1 | £41,500 | - |
MiFID
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: