Cost Reduction Jobs in the West Midlands

Cost Reduction
England > West Midlands

The following table provides summary statistics for permanent job vacancies advertised in the West Midlands with a requirement for Cost Reduction skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Cost Reduction over the 6 months to 28 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 199 250 260
Rank change year-on-year +51 +10 -48
Permanent jobs citing Cost Reduction 49 24 32
As % of all permanent jobs advertised in the West Midlands 0.68% 0.36% 0.44%
As % of the Processes & Methodologies category 0.82% 0.37% 0.46%
Number of salaries quoted 33 11 21
10th Percentile £31,850 £35,000 -
25th Percentile £47,500 £42,500 £27,000
Median annual salary (50th Percentile) £55,000 £55,000 £46,000
Median % change year-on-year - +19.57% -28.68%
75th Percentile £57,500 £76,250 £53,750
90th Percentile £59,190 £83,750 £57,500
England median annual salary £55,000 £57,500 £52,500
% change year-on-year -4.35% +9.52% -3.67%

All Process and Methodology Skills
West Midlands

Cost Reduction is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the West Midlands with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 6,008 6,470 6,916
As % of all permanent jobs advertised in the West Midlands 83.08% 96.86% 95.42%
Number of salaries quoted 4,523 3,277 4,747
10th Percentile £26,250 £30,561 £31,250
25th Percentile £35,700 £40,000 £38,750
Median annual salary (50th Percentile) £50,000 £53,000 £50,000
Median % change year-on-year -5.66% +6.00% +5.26%
75th Percentile £63,750 £67,500 £65,000
90th Percentile £77,500 £80,000 £80,000
England median annual salary £55,000 £62,500 £60,000
% change year-on-year -12.00% +4.17% +9.09%

Cost Reduction
Job Vacancy Trend in the West Midlands

Job postings citing Cost Reduction as a proportion of all IT jobs advertised in the West Midlands.

Job vacancy trend for Cost Reduction in the West Midlands

Cost Reduction
Salary Trend in the West Midlands

3-month moving average salary quoted in jobs citing Cost Reduction in the West Midlands.

Salary trend for Cost Reduction in the West Midlands

Cost Reduction
Salary Histogram in the West Midlands

Salary distribution for jobs citing Cost Reduction in the West Midlands over the 6 months to 28 April 2024.

Salary histogram for Cost Reduction in the West Midlands

Cost Reduction
Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Cost Reduction within the West Midlands region over the 6 months to 28 April 2024. 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
Jobs
Birmingham +14 24 £54,650 +21.44% 9
Worcestershire - 6 £55,000 -
Dudley - 4 £31,000 -
Solihull -1 2 £42,500 -12.82%
Warwickshire +42 1 - - 7
Staffordshire -16 1 £95,000 +15.15% 5
Coventry - 1 - - 3
Cost Reduction
England

Cost Reduction
Co-occurring Skills and Capabilities in the West Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (12.24%) SharePoint
2 4 (8.16%) Office Communications Server
3 2 (4.08%) SAS
Applications
1 7 (14.29%) Microsoft Office
2 4 (8.16%) Microsoft Excel
3 2 (4.08%) Microsoft PowerPoint
Business Applications
1 1 (2.04%) SAP EWM
Cloud Services
1 7 (14.29%) Azure
1 7 (14.29%) Cloud Computing
1 7 (14.29%) Entra ID
1 7 (14.29%) Microsoft 365
2 6 (12.24%) Power Automate
2 6 (12.24%) Power Platform
2 6 (12.24%) PowerApps
3 2 (4.08%) dbt
3 2 (4.08%) WhatsApp
4 1 (2.04%) AWS
Database & Business Intelligence
1 6 (12.24%) Power BI
2 2 (4.08%) Data Mining
General
1 24 (48.98%) Finance
2 14 (28.57%) Social Skills
3 10 (20.41%) Manufacturing
4 9 (18.37%) Retail
5 8 (16.33%) Inclusion and Diversity
6 6 (12.24%) Legal
6 6 (12.24%) Public Sector
7 5 (10.20%) Analytical Skills
7 5 (10.20%) Influencing Skills
8 3 (6.12%) Local Government
8 3 (6.12%) Organisational Skills
9 2 (4.08%) Banking
9 2 (4.08%) International Banking
9 2 (4.08%) Marketing
10 1 (2.04%) Automotive
Job Titles
1 17 (34.69%) Lead
2 8 (16.33%) Senior
3 7 (14.29%) Identity and Access Management Engineer
3 7 (14.29%) Identity Management Engineer
4 5 (10.20%) Azure Engineer
5 4 (8.16%) Digital Transformation
5 4 (8.16%) Programmer
5 4 (8.16%) Project Manager
6 3 (6.12%) Data Steward
6 3 (6.12%) Head of Network Operations
6 3 (6.12%) Head of Operations
7 2 (4.08%) Architect
7 2 (4.08%) Data Scientist
7 2 (4.08%) Designer
7 2 (4.08%) Lead Designer
7 2 (4.08%) Lead Service Designer
7 2 (4.08%) Service Designer
8 1 (2.04%) Senior Manager
8 1 (2.04%) Technical Architect
8 1 (2.04%) Test Engineer
Libraries, Frameworks & Software Standards
1 2 (4.08%) EDI
Miscellaneous
1 8 (16.33%) Product Ownership
2 7 (14.29%) PKI
3 6 (12.24%) Augmented Reality
3 6 (12.24%) Industrial Internet of Things
3 6 (12.24%) Industry 4.0
3 6 (12.24%) PMI
3 6 (12.24%) SCADA
3 6 (12.24%) Virtual Reality
4 5 (10.20%) Self-Motivation
5 4 (8.16%) Driving Licence
5 4 (8.16%) IoT
6 3 (6.12%) Analytical Mindset
6 3 (6.12%) FMCG
6 3 (6.12%) Onboarding
6 3 (6.12%) Virtual Team
7 2 (4.08%) Credit Risk
7 2 (4.08%) Management Information System
8 1 (2.04%) Blockchain
8 1 (2.04%) Blog
8 1 (2.04%) NHS
Operating Systems
1 7 (14.29%) Windows
1 7 (14.29%) Windows Server
Processes & Methodologies
1 15 (30.61%) Analytics
1 15 (30.61%) Project Management
2 13 (26.53%) Change Management
2 13 (26.53%) Continuous Improvement
3 11 (22.45%) Project Delivery
4 10 (20.41%) Mentoring
5 9 (18.37%) Contract Management
5 9 (18.37%) Machine Learning
5 9 (18.37%) Supplier Management
6 8 (16.33%) Data Analytics
6 8 (16.33%) DevOps
6 8 (16.33%) Logistics
6 8 (16.33%) Roadmaps
7 7 (14.29%) Application Security
7 7 (14.29%) Identity Access Management
7 7 (14.29%) Identity Management
7 7 (14.29%) ITIL
7 7 (14.29%) Multi-Factor Authentication
7 7 (14.29%) Software Deployment
8 6 (12.24%) PRINCE2
Programming Languages
1 2 (4.08%) Python
Qualifications
1 10 (20.41%) Degree
2 6 (12.24%) PMI Certification
2 6 (12.24%) SC Cleared
2 6 (12.24%) Security Cleared
3 2 (4.08%) DBS Check
Quality Assurance & Compliance
1 3 (6.12%) Data Quality
2 2 (4.08%) Actionable Recommendations
3 1 (2.04%) COSHH
3 1 (2.04%) QA
3 1 (2.04%) SLA
System Software
1 7 (14.29%) Active Directory
1 7 (14.29%) Docker
1 7 (14.29%) Hyper-V
1 7 (14.29%) VMware Infrastructure
Systems Management
1 7 (14.29%) Kubernetes
1 7 (14.29%) Single Sign-On
1 7 (14.29%) Terraform
Vendors
1 22 (44.90%) Microsoft
2 7 (14.29%) VMware
3 1 (2.04%) SAP