Commercial Analyst
UK

The median Commercial Analyst salary in the UK is £38,500 per year according to job vacancies posted during the 6 months to 8 May 2024.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 658 875 1195
Rank change year-on-year +217 +320 -314
Permanent jobs requiring a Commercial Analyst 233 120 40
As % of all permanent jobs advertised in the UK 0.23% 0.12% 0.025%
As % of the Job Titles category 0.25% 0.13% 0.026%
Number of salaries quoted 101 15 16
10th Percentile £25,000 £45,200 £32,750
25th Percentile £31,250 - £37,438
Median annual salary (50th Percentile) £38,500 £50,000 £45,000
Median % change year-on-year -23.00% +11.11% -10.00%
75th Percentile £52,500 £51,875 £66,250
90th Percentile £60,000 £58,750 £69,375
UK excluding London median annual salary £37,500 £50,000 £45,000
% change year-on-year -25.00% +11.11% -5.26%

All Permanent IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

Permanent vacancies in the UK with a recognized job title 93,864 92,882 151,282
% of permanent jobs with a recognized job title 94.64% 91.46% 96.10%
Number of salaries quoted 67,182 58,425 84,716
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,517
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £71,250 £81,250 £78,750
90th Percentile £90,000 £100,000 £96,250
UK excluding London median annual salary £50,000 £53,000 £50,000
% change year-on-year -5.66% +6.00% +5.26%

Commercial Analyst
Job Vacancy Trend

Job postings that featured Commercial Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Commercial Analyst in the UK

Commercial Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Commercial Analyst.

Salary trend for Commercial Analyst in the UK

Commercial Analyst
Salary Histogram

Salary distribution for jobs citing Commercial Analyst over the 6 months to 8 May 2024.

Salary histogram for Commercial Analyst in the UK

Commercial Analyst
Top 16 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Commercial Analyst 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 +185 226 £38,000 -24.00% 17
Work from Home +149 150 £45,000 -10.00% 4
UK excluding London +55 147 £37,500 -25.00% 13
London +164 74 £80,000 +39.13% 4
South East +50 65 £33,500 -41.74% 5
Midlands +34 39 £31,250 -37.50% 2
West Midlands +32 28 £30,000 -40.00% 2
North of England +31 22 £37,500 -10.71% 4
North West +24 19 £37,500 - 2
East Midlands -3 11 £32,500 -
South West -18 8 £37,500 -6.25% 1
East of England +9 6 £55,000 - 2
Scotland - 5 £45,000 -
Yorkshire +51 2 £40,000 -4.76% 1
Wales - 2 £28,750 -
North East - 1 £26,500 - 1

Commercial Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 8 May 2024, Commercial Analyst job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Commercial Analyst in the job title.

1 200 (85.84%) Finance
2 190 (81.55%) Microsoft Excel
3 170 (72.96%) Analytical Skills
3 170 (72.96%) Social Skills
4 158 (67.81%) Decision-Making
5 147 (63.09%) Budgeting and Forecasting
6 145 (62.23%) Microsoft
7 139 (59.66%) Budgeting
8 134 (57.51%) CIMA
9 131 (56.22%) ACCA
10 128 (54.94%) Actionable Insight
11 121 (51.93%) Business Case
12 118 (50.64%) Influencing Skills
13 115 (49.36%) Agile
14 113 (48.50%) Broadband
15 112 (48.07%) Mentoring
16 58 (24.89%) Power Platform
17 53 (22.75%) Business Intelligence
18 52 (22.32%) Power BI
19 43 (18.45%) Degree
20 33 (14.16%) Data Analysis
21 31 (13.30%) Analytics
22 27 (11.59%) SQL
23 26 (11.16%) Problem-Solving
24 25 (10.73%) Visualisation
25 22 (9.44%) Microsoft Office
26 19 (8.15%) Mathematics
27 18 (7.73%) Legal
27 18 (7.73%) Retail
28 17 (7.30%) Financial Modelling

Commercial Analyst Skill Set
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:

Application Platforms
1 6 (2.58%) SAS
Applications
1 190 (81.55%) Microsoft Excel
2 22 (9.44%) Microsoft Office
3 8 (3.43%) Microsoft PowerPoint
4 4 (1.72%) SPSS
Business Applications
1 6 (2.58%) Dynamics CRM
2 1 (0.43%) IBM Planning Analytics
Cloud Services
1 58 (24.89%) Power Platform
2 6 (2.58%) Dynamics 365
2 6 (2.58%) Microsoft 365
3 5 (2.15%) Azure
4 1 (0.43%) Intacct
4 1 (0.43%) SaaS
Communications & Networking
1 113 (48.50%) Broadband
2 2 (0.86%) Internet
Database & Business Intelligence
1 52 (22.32%) Power BI
2 8 (3.43%) Power Query
3 7 (3.00%) Tableau
4 6 (2.58%) Oracle BI EE
5 2 (0.86%) Data Warehouse
Development Applications
1 2 (0.86%) RStudio
General
1 200 (85.84%) Finance
2 170 (72.96%) Analytical Skills
2 170 (72.96%) Social Skills
3 118 (50.64%) Influencing Skills
4 18 (7.73%) Legal
4 18 (7.73%) Retail
5 15 (6.44%) Manufacturing
6 12 (5.15%) Back Office
6 12 (5.15%) Local Government
7 11 (4.72%) Presentation Skills
8 6 (2.58%) Inclusion and Diversity
8 6 (2.58%) Marketing
9 2 (0.86%) Publishing
9 2 (0.86%) Retail Finance
10 1 (0.43%) Telecoms
Libraries, Frameworks & Software Standards
1 2 (0.86%) Flash
Miscellaneous
1 12 (5.15%) Smartcard
2 11 (4.72%) FMCG
3 2 (0.86%) Self-Motivation
4 1 (0.43%) Analytical Mindset
4 1 (0.43%) Management Information System
Operating Systems
1 3 (1.29%) Windows
1 3 (1.29%) Windows Vista
Processes & Methodologies
1 158 (67.81%) Decision-Making
2 147 (63.09%) Budgeting and Forecasting
3 139 (59.66%) Budgeting
4 128 (54.94%) Actionable Insight
5 121 (51.93%) Business Case
6 115 (49.36%) Agile
7 112 (48.07%) Mentoring
8 53 (22.75%) Business Intelligence
9 33 (14.16%) Data Analysis
10 31 (13.30%) Analytics
11 26 (11.16%) Problem-Solving
12 25 (10.73%) Visualisation
13 19 (8.15%) Mathematics
14 17 (7.30%) Financial Modelling
15 16 (6.87%) Economics
15 16 (6.87%) Stakeholder Management
16 14 (6.01%) Business Strategy
17 13 (5.58%) Data Analytics
17 13 (5.58%) Data Visualisation
18 11 (4.72%) Process Improvement
Programming Languages
1 27 (11.59%) SQL
2 12 (5.15%) Data Analysis Expressions
3 11 (4.72%) VBA
4 6 (2.58%) Python
Qualifications
1 134 (57.51%) CIMA
2 131 (56.22%) ACCA
3 43 (18.45%) Degree
4 5 (2.15%) DBS Check
Quality Assurance & Compliance
1 2 (0.86%) Actionable Recommendations
1 2 (0.86%) ISO 9001
2 1 (0.43%) Data Quality
Vendors
1 145 (62.23%) Microsoft
2 8 (3.43%) SAP
3 6 (2.58%) Oracle
4 1 (0.43%) IBM
4 1 (0.43%) Sage