Banking
UK
The table below looks at the prevalence of the term Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Banking over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 27 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 68 | 32 | 64 |
| Rank change year-on-year | -36 | +32 | +21 |
| Permanent jobs citing Banking | 3,636 | 7,450 | 8,001 |
| As % of all permanent jobs advertised in the UK | 3.71% | 7.12% | 5.19% |
| As % of the General category | 6.20% | 10.36% | 8.16% |
| Number of salaries quoted | 2,200 | 4,612 | 3,960 |
| 10th Percentile | £46,125 | £47,025 | £41,250 |
| 25th Percentile | £61,250 | £56,219 | £55,000 |
| Median annual salary (50th Percentile) | £80,000 | £75,000 | £73,999 |
| Median % change year-on-year | +6.67% | +1.35% | -1.33% |
| 75th Percentile | £105,000 | £97,500 | £96,250 |
| 90th Percentile | £138,750 | £127,375 | £112,500 |
| UK excluding London median annual salary | £70,576 | £64,721 | £57,500 |
| % change year-on-year | +9.05% | +12.56% | - |
All General Skills
UK
Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for common skills.
| Permanent vacancies with a requirement for common skills | 58,670 | 71,907 | 98,006 |
| As % of all permanent jobs advertised in the UK | 59.84% | 68.71% | 63.59% |
| Number of salaries quoted | 39,462 | 38,624 | 51,085 |
| 10th Percentile | £27,500 | £32,500 | £32,500 |
| 25th Percentile | £36,250 | £43,750 | £42,500 |
| Median annual salary (50th Percentile) | £52,500 | £60,000 | £60,000 |
| Median % change year-on-year | -12.50% | - | +9.09% |
| 75th Percentile | £72,500 | £82,500 | £80,000 |
| 90th Percentile | £92,500 | £102,500 | £97,500 |
| UK excluding London median annual salary | £47,500 | £52,500 | £50,000 |
| % change year-on-year | -9.52% | +5.00% | +5.26% |
Banking
Job Vacancy Trend
Job postings citing Banking as a proportion of all IT jobs advertised.
Banking
Salary Trend
3-month moving average salary quoted in jobs citing Banking.
Banking
Salary Histogram
Salary distribution for jobs citing Banking over the 6 months to 27 April 2024.
Banking
Top 17 Job Locations
The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Banking within the UK over the 6 months to 27 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 |
|---|---|---|---|---|---|
| England | -41 | 2,845 | £83,577 | +11.44% | 759 |
| UK excluding London | -46 | 1,825 | £70,576 | +9.05% | 236 |
| London | -7 | 1,728 | £90,000 | +5.88% | 571 |
| Work from Home | -52 | 1,304 | £77,500 | +10.71% | 278 |
| Scotland | -31 | 680 | £70,576 | +1.62% | 48 |
| North of England | -49 | 450 | £70,576 | +15.36% | 65 |
| South West | -24 | 375 | £70,576 | +8.00% | 26 |
| Yorkshire | -29 | 215 | £70,576 | +10.22% | 17 |
| North West | -62 | 191 | £70,000 | +16.67% | 44 |
| South East | -67 | 130 | £60,000 | -7.69% | 41 |
| Midlands | -66 | 113 | £55,000 | -1.79% | 34 |
| West Midlands | -48 | 69 | £55,000 | - | 22 |
| North East | +29 | 44 | £56,750 | +106.36% | 4 |
| East Midlands | -36 | 43 | £70,000 | +16.67% | 12 |
| East of England | -36 | 38 | £60,000 | -4.00% | 13 |
| Wales | -24 | 35 | £70,576 | +28.59% | 7 |
| Northern Ireland | +12 | 12 | £100,000 | +97.04% | 5 |
Banking
Co-occurring Skills and Capabilities 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:
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