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 8 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 8 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 68 | 35 | 65 |
| Rank change year-on-year | -33 | +30 | +19 |
| Permanent jobs citing Banking | 3,657 | 7,062 | 8,361 |
| As % of all permanent jobs advertised in the UK | 3.69% | 6.95% | 5.31% |
| As % of the General category | 6.17% | 10.19% | 8.29% |
| Number of salaries quoted | 2,213 | 4,375 | 4,030 |
| 10th Percentile | £46,646 | £46,350 | £41,250 |
| 25th Percentile | £62,500 | £56,219 | £55,000 |
| Median annual salary (50th Percentile) | £83,577 | £75,000 | £73,449 |
| Median % change year-on-year | +11.44% | +2.11% | -2.07% |
| 75th Percentile | £110,000 | £100,000 | £95,000 |
| 90th Percentile | £142,500 | £127,500 | £112,500 |
| UK excluding London median annual salary | £70,576 | £64,535 | £59,500 |
| % change year-on-year | +9.36% | +8.46% | +3.48% |
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 | 59,289 | 69,287 | 100,887 |
| As % of all permanent jobs advertised in the UK | 59.78% | 68.22% | 64.09% |
| Number of salaries quoted | 39,672 | 37,345 | 51,003 |
| 10th Percentile | £27,500 | £32,500 | £32,500 |
| 25th Percentile | £36,250 | £43,162 | £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 | £101,250 | £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 8 May 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 8 May 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 | -36 | 2,881 | £85,000 | +13.33% | 733 |
| UK excluding London | -53 | 1,790 | £70,576 | +9.36% | 215 |
| London | -5 | 1,785 | £90,000 | +5.88% | 560 |
| Work from Home | -58 | 1,255 | £80,000 | +14.29% | 329 |
| Scotland | -30 | 670 | £73,750 | +6.20% | 35 |
| North of England | -64 | 417 | £70,576 | +17.14% | 62 |
| South West | -23 | 395 | £70,576 | +8.00% | 23 |
| Yorkshire | -31 | 198 | £70,576 | +10.22% | 19 |
| North West | -77 | 174 | £70,000 | +16.67% | 39 |
| South East | -70 | 129 | £60,000 | -7.69% | 32 |
| Midlands | -72 | 112 | £55,000 | - | 34 |
| West Midlands | -54 | 67 | £55,000 | - | 23 |
| North East | +30 | 45 | £56,750 | +106.36% | 4 |
| East Midlands | -37 | 44 | £70,000 | +16.67% | 11 |
| East of England | -43 | 35 | £55,000 | -12.00% | 18 |
| Wales | -30 | 32 | £51,528 | -6.11% | 9 |
| Northern Ireland | +6 | 10 | £82,500 | +62.56% | 4 |
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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