Period
to 21 May 2018

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 21 May 2018 with a comparison to the same period in the previous 2 years.

TARGET2
UK
6 months to
21 May 2018
Same period 2017 Same period 2016
Rank 1193 1158 -
Rank change year-on-year -35 - +1263
Permanent jobs citing TARGET2 3 2 0
As % of all permanent IT jobs advertised in the UK 0.002% 0.001% -
As % of the Quality Assurance & Compliance category 0.013% 0.010% -
Number of salaries quoted 1 2 0
UK median annual salary £55,000 £82,500 -
Median salary % change year-on-year -33.33% - -
UK excluding London median annual salary £55,000 - -

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 22,532 20,348 26,541
As % of all permanent IT jobs advertised in the UK 13.12% 12.05% 13.20%
Number of salaries quoted 17,351 15,936 21,056
UK median annual salary £50,000 £47,500 £47,500
Median salary % change year-on-year +5.26% - +5.56%
10th Percentile £28,125 £26,331 £26,250
90th Percentile £80,000 £77,500 £75,625
UK excluding London median annual salary £45,000 £40,000 £42,500
% change year-on-year +12.50% -5.88% +6.25%

TARGET2
Job Vacancy Trend

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

Job vacancy trend for TARGET2 in the UK

TARGET2
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing TARGET2.

Salary trend for TARGET2 in the UK

TARGET2
Top 5 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 21 May 2018. 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 +4 3 £55,000 -33.33%
London -18 2 - -
North West - 1 £55,000 -
UK excluding London - 1 £55,000 -
North of England - 1 £55,000 -

For the 6 months to 21 May 2018, 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 3 (100.00%) Finance
1 3 (100.00%) Banking
2 2 (66.67%) SEPA
2 2 (66.67%) Blockchain
2 2 (66.67%) Distributed Ledger
2 2 (66.67%) Manufacturing
2 2 (66.67%) Programme Management
2 2 (66.67%) Basel III
2 2 (66.67%) SAP
2 2 (66.67%) Business Intelligence
2 2 (66.67%) Financial Institution
2 2 (66.67%) Electronics
2 2 (66.67%) Telecoms
2 2 (66.67%) Marketing
2 2 (66.67%) Business Development
2 2 (66.67%) Digital Marketing
3 1 (33.33%) User Acceptance Testing
3 1 (33.33%) Test Scripting
3 1 (33.33%) Data Integration
3 1 (33.33%) Market Research
3 1 (33.33%) Cash Management
3 1 (33.33%) Process Management
3 1 (33.33%) RequisitePro
3 1 (33.33%) Middleware
3 1 (33.33%) Project Management
3 1 (33.33%) SWIFT
3 1 (33.33%) Agile Project Management
3 1 (33.33%) Analytical Skills
3 1 (33.33%) KYC
3 1 (33.33%) Anti-Money Laundering

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:

Business Applications
1 2 (66.67%) Distributed Ledger
Database & Business Intelligence
1 2 (66.67%) Blockchain
Development Applications
1 1 (33.33%) RequisitePro
General
1 3 (100.00%) Banking
1 3 (100.00%) Finance
2 2 (66.67%) Electronics
2 2 (66.67%) Financial Institution
2 2 (66.67%) Manufacturing
2 2 (66.67%) Marketing
2 2 (66.67%) Telecoms
3 1 (33.33%) Billing
Job Titles
1 2 (66.67%) Account Manager
2 1 (33.33%) Analyst
2 1 (33.33%) Business Analyst
2 1 (33.33%) Client Relationship Manager
2 1 (33.33%) Relationships Manager
2 1 (33.33%) Software Product Manager
Libraries, Frameworks & Software Standards
1 1 (33.33%) Middleware
Miscellaneous
1 1 (33.33%) Analytical Skills
1 1 (33.33%) Fintech
1 1 (33.33%) SWIFT
Processes & Methodologies
1 2 (66.67%) Business Development
1 2 (66.67%) Business Intelligence
1 2 (66.67%) Digital Marketing
1 2 (66.67%) Programme Management
2 1 (33.33%) Agile Project Management
2 1 (33.33%) Agile Software Development
2 1 (33.33%) Anti-Money Laundering
2 1 (33.33%) Cash Management
2 1 (33.33%) Data Integration
2 1 (33.33%) Decision-Making
2 1 (33.33%) KYC
2 1 (33.33%) Market Research
2 1 (33.33%) Process Management
2 1 (33.33%) Project Management
2 1 (33.33%) Sales Enablement
2 1 (33.33%) Test Scripting
2 1 (33.33%) User Acceptance Testing
Quality Assurance & Compliance
1 2 (66.67%) Basel III
1 2 (66.67%) SEPA
Vendors
1 2 (66.67%) SAP
2 1 (33.33%) TOWER Software