Period
to 17 October 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 17 October 2018 with a comparison to the same period in the previous 2 years.

TARGET2
UK
6 months to
17 Oct 2018
Same period 2017 Same period 2016
Rank 1148 1177 1236
Rank change year-on-year +29 +59 +39
Permanent jobs citing TARGET2 11 12 16
As % of all permanent IT jobs advertised in the UK 0.007% 0.007% 0.008%
As % of the Quality Assurance & Compliance category 0.051% 0.055% 0.064%
Number of salaries quoted 11 5 14
UK median annual salary £67,500 £70,000 £95,000
Median salary % change year-on-year -3.57% -26.32% +31.03%
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 21,608 21,694 25,047
As % of all permanent IT jobs advertised in the UK 13.14% 12.39% 13.05%
Number of salaries quoted 16,408 16,095 19,816
UK median annual salary £50,000 £50,000 £50,000
10th Percentile £28,088 £27,500 £27,500
90th Percentile £80,000 £77,500 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +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
Salary Histogram

The salary distribution of IT jobs citing TARGET2 over the 6 months to 17 October 2018.

Salary histogram 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 17 October 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 +51 11 £67,500 -3.57%
London +44 11 £67,500 -3.57%

For the 6 months to 17 October 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 11 (100.00%) SEPA
2 10 (90.91%) Banking
3 6 (54.55%) Test Scripting
3 6 (54.55%) SWIFT
3 6 (54.55%) ISO 20022
4 5 (45.45%) Microsoft PowerPoint
4 5 (45.45%) Project Planning
4 5 (45.45%) QA
4 5 (45.45%) Use Case
4 5 (45.45%) FIS
4 5 (45.45%) IntelliMatch
4 5 (45.45%) EDIFACT
4 5 (45.45%) Finance
4 5 (45.45%) Validation
4 5 (45.45%) Microsoft Excel
4 5 (45.45%) MS Visio
4 5 (45.45%) Data Modelling
4 5 (45.45%) Calypso
4 5 (45.45%) Project Management
5 3 (27.27%) Microsoft
5 3 (27.27%) Back Office
6 1 (9.09%) Scenario Testing
6 1 (9.09%) Product Management
6 1 (9.09%) Technical Analysis
6 1 (9.09%) Management Information System
6 1 (9.09%) Business Analysis

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 5 (45.45%) Microsoft Excel
1 5 (45.45%) Microsoft PowerPoint
1 5 (45.45%) MS Visio
Business Applications
1 5 (45.45%) IntelliMatch
General
1 10 (90.91%) Banking
2 5 (45.45%) Finance
3 3 (27.27%) Back Office
Job Titles
1 5 (45.45%) Banking Project Manager
1 5 (45.45%) Business Operations Manager
1 5 (45.45%) Payments Expert
1 5 (45.45%) Project Manager
1 5 (45.45%) Senior Manager
1 5 (45.45%) Senior Project Manager
2 3 (27.27%) Payments Project Manager
3 1 (9.09%) Analyst
3 1 (9.09%) Business Analyst
3 1 (9.09%) Payments Analyst
3 1 (9.09%) Payments Business Analyst
3 1 (9.09%) Technical Analyst
3 1 (9.09%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 5 (45.45%) EDIFACT
Miscellaneous
1 6 (54.55%) SWIFT
2 1 (9.09%) Management Information System
Processes & Methodologies
1 6 (54.55%) Test Scripting
2 5 (45.45%) Data Modelling
2 5 (45.45%) Project Management
2 5 (45.45%) Project Planning
2 5 (45.45%) Use Case
2 5 (45.45%) Validation
3 1 (9.09%) Business Analysis
3 1 (9.09%) Product Management
3 1 (9.09%) Scenario Testing
3 1 (9.09%) Technical Analysis
Quality Assurance & Compliance
1 11 (100.00%) SEPA
2 6 (54.55%) ISO 20022
3 5 (45.45%) QA
Vendors
1 5 (45.45%) Calypso
1 5 (45.45%) FIS
2 3 (27.27%) Microsoft