Period
to 3 March 2021

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 3 March 2021 with a comparison to the same period in the previous 2 years.

TARGET2
UK
6 months to
3 Mar 2021
Same period 2020 Same period 2019
Rank 810 1008 1103
Rank change year-on-year +198 +95 +91
Permanent jobs citing TARGET2 2 1 20
As % of all permanent jobs advertised in the UK 0.003% 0.001% 0.013%
As % of the Quality Assurance & Compliance category 0.022% 0.007% 0.096%
Number of salaries quoted 0 1 19
Median annual salary - £67,500 £75,000
Median salary % change year-on-year - -10.00% +13.21%
UK excluding London median annual salary - - £53,000

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 9,024 15,304 20,765
As % of all permanent IT jobs advertised in the UK 11.92% 12.53% 13.90%
Number of salaries quoted 6,472 11,954 15,394
Median annual salary £52,500 £52,500 £50,000
Median salary % change year-on-year - +5.00% -
10th Percentile £31,015 £28,500 £27,500
90th Percentile £85,000 £83,750 £80,700
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +4.65%

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 3 March 2021. 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
England +213 2 - -
London +180 2 - -

For the 6 months to 3 March 2021, 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 2 (100.00%) Internet
1 2 (100.00%) Finance
1 2 (100.00%) Law
1 2 (100.00%) Banking
1 2 (100.00%) Online Banking
1 2 (100.00%) Data Mapping
1 2 (100.00%) Cash Management
1 2 (100.00%) SWIFT
1 2 (100.00%) Mobile Banking
1 2 (100.00%) ISO 20022
1 2 (100.00%) PSD2
1 2 (100.00%) Distributed Ledger
2 1 (50.00%) Backlog Prioritisation
2 1 (50.00%) Acceptance Criteria
2 1 (50.00%) Kotlin
2 1 (50.00%) Oracle Cash Management
2 1 (50.00%) Apache Spark
2 1 (50.00%) Elasticsearch
2 1 (50.00%) Gherkin
2 1 (50.00%) Kafka
2 1 (50.00%) Jenkins
2 1 (50.00%) User Stories
2 1 (50.00%) Hadoop
2 1 (50.00%) Cucumber
2 1 (50.00%) BDD
2 1 (50.00%) TeamCity
2 1 (50.00%) Git (software)
2 1 (50.00%) Java
2 1 (50.00%) SQL
2 1 (50.00%) Oracle

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 1 (50.00%) Apache Spark
1 1 (50.00%) Elasticsearch
Business Applications
1 2 (100.00%) Distributed Ledger
2 1 (50.00%) Oracle Cash Management
Communications & Networking
1 2 (100.00%) Internet
Database & Business Intelligence
1 1 (50.00%) Hadoop
Development Applications
1 1 (50.00%) Cucumber
1 1 (50.00%) Git (software)
1 1 (50.00%) Jenkins
1 1 (50.00%) JIRA
1 1 (50.00%) Selenium
1 1 (50.00%) TeamCity
General
1 2 (100.00%) Banking
1 2 (100.00%) Finance
1 2 (100.00%) Law
2 1 (50.00%) Investment Banking
Job Titles
1 2 (100.00%) Product Owner
2 1 (50.00%) Technical Product Owner
Libraries, Frameworks & Software Standards
1 1 (50.00%) Gherkin
1 1 (50.00%) JSON
1 1 (50.00%) Kafka
Miscellaneous
1 2 (100.00%) Mobile Banking
1 2 (100.00%) Online Banking
1 2 (100.00%) SWIFT
Processes & Methodologies
1 2 (100.00%) Cash Management
1 2 (100.00%) Data Mapping
2 1 (50.00%) Acceptance Criteria
2 1 (50.00%) Backlog Prioritisation
2 1 (50.00%) BDD
2 1 (50.00%) User Stories
Programming Languages
1 1 (50.00%) Java
1 1 (50.00%) Kotlin
1 1 (50.00%) SQL
Quality Assurance & Compliance
1 2 (100.00%) ISO 20022
1 2 (100.00%) PSD2
Vendors
1 1 (50.00%) Oracle