Period
to 3 July 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 3 July 2020 with a comparison to the same period in the previous 2 years.

TARGET2
UK
6 months to
3 Jul 2020
Same period 2019 Same period 2018
Rank 837 1111 1211
Rank change year-on-year +274 +100 -15
Permanent jobs citing TARGET2 7 7 8
As % of all permanent jobs advertised in the UK 0.009% 0.005% 0.005%
As % of the Quality Assurance & Compliance category 0.072% 0.035% 0.035%
Number of salaries quoted 6 7 6
Median annual salary £67,500 £75,000 £78,500
Median salary % change year-on-year -10.00% -4.46% -26.98%
10th Percentile £66,250 £75,000 £67,250
90th Percentile £68,750 £97,750 £82,500
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 9,674 20,202 22,893
As % of all permanent IT jobs advertised in the UK 12.22% 13.78% 12.92%
Number of salaries quoted 7,360 14,792 17,540
Median annual salary £52,500 £50,000 £50,000
Median salary % change year-on-year +5.00% - +5.26%
10th Percentile £30,000 £28,000 £28,000
90th Percentile £85,000 £83,750 £80,000
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +8.43%

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 July 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
England +278 6 £67,500 -10.00%
London +164 6 £67,500 -10.00%

For the 6 months to 3 July 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 7 (100.00%) Banking
1 7 (100.00%) SEPA
2 6 (85.71%) Management Information System
2 6 (85.71%) Master's Degree
2 6 (85.71%) Problem-Solving
2 6 (85.71%) Business Analysis
2 6 (85.71%) Degree
2 6 (85.71%) SWIFT
2 6 (85.71%) Analytical Skills
2 6 (85.71%) Microsoft Project
2 6 (85.71%) PRINCE2
2 6 (85.71%) MS Visio
2 6 (85.71%) Microsoft
2 6 (85.71%) Project Management
3 1 (14.29%) Presales

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:

Applications
1 6 (85.71%) Microsoft Project
1 6 (85.71%) MS Visio
General
1 7 (100.00%) Banking
Job Titles
1 6 (85.71%) Banking Project Manager
1 6 (85.71%) Project Manager
2 4 (57.14%) Payments Project Manager
3 2 (28.57%) IT Manager
3 2 (28.57%) IT Project Manager
Miscellaneous
1 6 (85.71%) Analytical Skills
1 6 (85.71%) Management Information System
1 6 (85.71%) SWIFT
Processes & Methodologies
1 6 (85.71%) Business Analysis
1 6 (85.71%) PRINCE2
1 6 (85.71%) Problem-Solving
1 6 (85.71%) Project Management
2 1 (14.29%) Presales
Qualifications
1 6 (85.71%) Degree
1 6 (85.71%) Master's Degree
Quality Assurance & Compliance
1 7 (100.00%) SEPA
Vendors
1 6 (85.71%) Microsoft