Period
to 25 November 2020

The following table provides summary statistics for permanent job vacancies with a requirement for TARGET2 skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited TARGET2 over the 6 months to 25 November 2020 with a comparison to the same period in the previous 2 years.

TARGET2
UK
6 months to
25 Nov 2020
Same period 2019 Same period 2018
Rank 711 - 1140
Rank change year-on-year - +1140 +58
Permanent jobs citing TARGET2 5 0 19
As % of all permanent jobs advertised in the UK 0.009% - 0.012%
As % of the Quality Assurance & Compliance category 0.077% - 0.088%
Number of salaries quoted 0 0 19
Median annual salary - - £75,000
UK excluding London median annual salary - - -

TARGET2 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.

All Quality Assurance and Compliance Skills
UK
Permanent vacancies with a requirement for quality assurance or compliance skills 6,452 17,427 21,473
As % of all permanent IT jobs advertised in the UK 11.77% 12.92% 13.43%
Number of salaries quoted 5,040 13,232 16,145
Median annual salary £54,000 £50,000 £50,000
Median salary % change year-on-year +8.00% - -
10th Percentile £31,000 £28,500 £27,500
90th Percentile £85,000 £82,500 £80,000
UK excluding London median annual salary £50,000 £45,000 £45,000
% change year-on-year +11.11% - +5.88%

TARGET2
Job Vacancy Trend

Job postings citing TARGET2 as a proportion of all IT jobs advertised.

Job vacancy trend for TARGET2 in the UK

TARGET2
Salary Trend

3-month moving average salary quoted in jobs citing TARGET2.

Salary trend for TARGET2 in the UK

TARGET2
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing TARGET2 within the UK over the 6 months to 25 November 2020. 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
Job
Vacancies
London - 4 - -
England - 4 - -

For the 6 months to 25 November 2020, IT jobs citing TARGET2 also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for TARGET2.

1 5 (100.00%) Banking
2 4 (80.00%) Data Mapping
2 4 (80.00%) Cash Management
2 4 (80.00%) Internet
2 4 (80.00%) Finance
2 4 (80.00%) Law
2 4 (80.00%) Online Banking
2 4 (80.00%) SWIFT
2 4 (80.00%) Mobile Banking
2 4 (80.00%) ISO 20022
2 4 (80.00%) PSD2
2 4 (80.00%) Distributed Ledger
3 3 (60.00%) Acceptance Criteria
3 3 (60.00%) Kotlin
3 3 (60.00%) Apache Spark
3 3 (60.00%) Oracle Cash Management
3 3 (60.00%) Elasticsearch
3 3 (60.00%) Gherkin
3 3 (60.00%) Kafka
3 3 (60.00%) Jenkins
3 3 (60.00%) User Stories
3 3 (60.00%) JSON
3 3 (60.00%) JIRA
3 3 (60.00%) Selenium
3 3 (60.00%) Java
3 3 (60.00%) SQL
3 3 (60.00%) Oracle
3 3 (60.00%) Hadoop
3 3 (60.00%) Cucumber
3 3 (60.00%) BDD

TARGET2
Co-occurring IT Skills 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:

Application Platforms
1 3 (60.00%) Apache Spark
1 3 (60.00%) Elasticsearch
Business Applications
1 4 (80.00%) Distributed Ledger
2 3 (60.00%) Oracle Cash Management
Communications & Networking
1 4 (80.00%) Internet
Database & Business Intelligence
1 3 (60.00%) Hadoop
Development Applications
1 3 (60.00%) Cucumber
1 3 (60.00%) Git (software)
1 3 (60.00%) Jenkins
1 3 (60.00%) JIRA
1 3 (60.00%) Selenium
1 3 (60.00%) TeamCity
General
1 5 (100.00%) Banking
2 4 (80.00%) Finance
2 4 (80.00%) Law
3 1 (20.00%) Investment Banking
Job Titles
1 4 (80.00%) Product Owner
2 3 (60.00%) Technical Product Owner
Libraries, Frameworks & Software Standards
1 3 (60.00%) Gherkin
1 3 (60.00%) JSON
1 3 (60.00%) Kafka
Miscellaneous
1 4 (80.00%) Mobile Banking
1 4 (80.00%) Online Banking
1 4 (80.00%) SWIFT
2 2 (40.00%) Public Cloud
Processes & Methodologies
1 4 (80.00%) Cash Management
1 4 (80.00%) Data Mapping
2 3 (60.00%) Acceptance Criteria
2 3 (60.00%) BDD
2 3 (60.00%) User Stories
3 2 (40.00%) Microservices
4 1 (20.00%) Backlog Prioritisation
4 1 (20.00%) Presales
Programming Languages
1 3 (60.00%) Java
1 3 (60.00%) Kotlin
1 3 (60.00%) SQL
Quality Assurance & Compliance
1 4 (80.00%) ISO 20022
1 4 (80.00%) PSD2
2 1 (20.00%) SEPA
Vendors
1 3 (60.00%) Oracle