Quantitative Research
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Quantitative Research skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Quantitative Research over the 6 months to 4 December 2023 with a comparison to the same period in the previous 2 years.

6 months to
4 Dec 2023
Same period 2022 Same period 2021
Rank 656 710 843
Rank change year-on-year +54 +133 -184
Permanent jobs citing Quantitative Research 85 388 260
As % of all permanent jobs advertised in the UK 0.16% 0.31% 0.20%
As % of the Processes & Methodologies category 0.17% 0.33% 0.21%
Number of salaries quoted 71 171 164
10th Percentile £41,498 £40,000 £39,001
25th Percentile £62,750 £52,500 £46,250
Median annual salary (50th Percentile) £125,000 £95,000 £60,000
Median % change year-on-year +31.58% +58.33% -7.69%
75th Percentile £170,000 £152,500 £95,000
90th Percentile £200,000 £250,000 £100,000
UK excluding London median annual salary £42,500 £40,606 £45,000
% change year-on-year +4.66% -9.76% -5.26%

All Process and Methodology Skills
UK

Quantitative Research 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 with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 50,088 118,671 122,416
As % of all permanent jobs advertised in the UK 94.09% 95.74% 95.45%
Number of salaries quoted 36,209 72,079 81,851
10th Percentile £32,500 £34,492 £32,500
25th Percentile £43,750 £45,000 £42,500
Median annual salary (50th Percentile) £60,000 £60,000 £60,000
Median % change year-on-year - - +9.09%
75th Percentile £80,000 £82,000 £77,500
90th Percentile £99,025 £100,000 £95,000
UK excluding London median annual salary £52,500 £53,219 £50,000
% change year-on-year -1.35% +6.44% +4.17%

Quantitative Research
Job Vacancy Trend

Job postings citing Quantitative Research as a proportion of all IT jobs advertised.

Job vacancy trend for Quantitative Research in the UK

Quantitative Research
Salary Trend

3-month moving average salary quoted in jobs citing Quantitative Research.

Salary trend for Quantitative Research in the UK

Quantitative Research
Salary Histogram

Salary distribution for jobs citing Quantitative Research over the 6 months to 4 December 2023.

Salary histogram for Quantitative Research in the UK

Quantitative Research
Top 11 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Research within the UK over the 6 months to 4 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 +93 82 £127,500 +15.91% 127
London +100 69 £130,000 +13.04% 106
Work from Home +145 22 £105,000 +27.27% 37
UK excluding London +157 15 £42,500 +4.66% 27
West Midlands +131 8 £42,500 -
Midlands +115 8 £42,500 +13.33% 1
North of England +140 4 £47,013 -36.25% 7
North West +107 3 £43,969 -41.37% 6
Scotland +50 2 £41,498 +2.20% 1
North East +43 1 £50,056 -
South West - 1 £50,000 - 1

Quantitative Research
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:

Applications
1 7 (8.24%) SPSS
2 3 (3.53%) Stata
3 2 (2.35%) Microsoft Office
3 2 (2.35%) Microsoft PowerPoint
4 1 (1.18%) Microsoft Excel
Cloud Services
1 16 (18.82%) AWS
2 9 (10.59%) Azure
2 9 (10.59%) GCP
3 6 (7.06%) SaaS
4 3 (3.53%) Power Platform
5 1 (1.18%) Salesforce Sales Cloud
5 1 (1.18%) Salesforce Service Cloud
5 1 (1.18%) Snowflake
Communications & Networking
1 1 (1.18%) SNA
Database & Business Intelligence
1 7 (8.24%) KDB
1 7 (8.24%) Kdb+
1 7 (8.24%) Tableau
2 3 (3.53%) Power BI
3 1 (1.18%) NoSQL
General
1 43 (50.59%) Finance
2 21 (24.71%) Social Skills
3 17 (20.00%) Front Office
4 10 (11.76%) Analytical Skills
4 10 (11.76%) Social Science
5 9 (10.59%) Marketing
6 8 (9.41%) Banking
6 8 (9.41%) Inclusion and Diversity
7 7 (8.24%) Games
8 6 (7.06%) Presentation Skills
8 6 (7.06%) Retail Banking
9 3 (3.53%) Legal
9 3 (3.53%) Public Sector
10 2 (2.35%) Influencing Skills
10 2 (2.35%) Investment Banking
10 2 (2.35%) Retail
11 1 (1.18%) Automotive
11 1 (1.18%) Local Government
11 1 (1.18%) Publishing
11 1 (1.18%) Wearables
Job Titles
1 33 (38.82%) Developer
2 18 (21.18%) Lead
3 16 (18.82%) Python Developer
3 16 (18.82%) Quantitative Developer
4 15 (17.65%) Senior
5 8 (9.41%) Python Engineer
6 6 (7.06%) Data Engineer
6 6 (7.06%) Senior Developer
6 6 (7.06%) Software Developer
7 5 (5.88%) Analyst
7 5 (5.88%) Senior Python Developer
7 5 (5.88%) Senior Software Developer
8 4 (4.71%) Distributed Systems Engineer
8 4 (4.71%) KDB Developer
8 4 (4.71%) Python Data Engineer
8 4 (4.71%) User Researcher
9 3 (3.53%) Consultant
9 3 (3.53%) Data Analyst
9 3 (3.53%) Insight Director
10 2 (2.35%) Senior Consultant
Libraries, Frameworks & Software Standards
1 12 (14.12%) RESTful
2 2 (2.35%) NumPy
2 2 (2.35%) Pandas
3 1 (1.18%) COM
3 1 (1.18%) FIX Protocol
3 1 (1.18%) XML
3 1 (1.18%) XSLT
Miscellaneous
1 30 (35.29%) Hedge funds
2 23 (27.06%) Equities
3 14 (16.47%) Fixed Income
4 12 (14.12%) Cloud Native
4 12 (14.12%) Derivative
5 8 (9.41%) Foreign Exchange (FX)
6 7 (8.24%) Mobile Games
7 5 (5.88%) Algorithms
7 5 (5.88%) Credit Derivative
7 5 (5.88%) NHS
8 4 (4.71%) Distributed Systems
8 4 (4.71%) Greenfield Project
9 2 (2.35%) Client/Server
9 2 (2.35%) Cyberattack
9 2 (2.35%) Data Protection Act
9 2 (2.35%) Data Structures
9 2 (2.35%) Enterprise Software
9 2 (2.35%) Management Information System
10 1 (1.18%) Robotics
10 1 (1.18%) Social Network
Processes & Methodologies
1 29 (34.12%) Qualitative Research
2 23 (27.06%) Analytics
3 21 (24.71%) Software Engineering
4 20 (23.53%) User Experience
5 19 (22.35%) Computer Science
6 18 (21.18%) Data Science
6 18 (21.18%) User Research
7 16 (18.82%) Agile
7 16 (18.82%) Asset Management
8 12 (14.12%) Investment Management
9 10 (11.76%) Electronic Trading
9 10 (11.76%) Problem-Solving
9 10 (11.76%) Service Design
9 10 (11.76%) Visualisation
10 9 (10.59%) Data Analysis
10 9 (10.59%) Statistics
10 9 (10.59%) User-Centered Design (UCD)
10 9 (10.59%) UX Design
10 9 (10.59%) Workflow
11 8 (9.41%) Psychology
Programming Languages
1 55 (64.71%) Python
2 14 (16.47%) C++
3 13 (15.29%) Java
3 13 (15.29%) R
4 11 (12.94%) SQL
5 8 (9.41%) Rust
6 5 (5.88%) C#
7 2 (2.35%) MATLAB
8 1 (1.18%) Go
8 1 (1.18%) VBA
8 1 (1.18%) VC++
Qualifications
1 32 (37.65%) Degree
2 14 (16.47%) Master's Degree
3 12 (14.12%) Computer Science Degree
4 8 (9.41%) PhD
5 7 (8.24%) Postgraduate
6 3 (3.53%) DBS Check
Quality Assurance & Compliance
1 10 (11.76%) Accessibility
2 3 (3.53%) GDPR
Systems Management
1 14 (16.47%) Kubernetes
Vendors
1 6 (7.06%) Salesforce
2 5 (5.88%) Microsoft
3 4 (4.71%) Bloomberg
4 1 (1.18%) Brandwatch
4 1 (1.18%) Cadence
4 1 (1.18%) Intel
4 1 (1.18%) Oracle
4 1 (1.18%) Salesforce Marketing Cloud