Quantitative Research
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Quantitative Research skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Quantitative Research over the 6 months to 17 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
17 May 2024
Same period 2023 Same period 2022
Rank 665 683 727
Rank change year-on-year +18 +44 +53
Permanent jobs citing Quantitative Research 223 283 566
As % of all permanent jobs advertised in the UK 0.22% 0.29% 0.35%
As % of the Processes & Methodologies category 0.26% 0.30% 0.37%
Number of salaries quoted 114 174 172
10th Percentile £29,750 £42,815 £40,000
25th Percentile £44,598 £70,000 £46,250
Median annual salary (50th Percentile) £100,000 £105,000 £60,000
Median % change year-on-year -4.76% +75.00% +9.09%
75th Percentile £146,250 £150,000 £85,000
90th Percentile £168,750 £200,000 £120,000
UK excluding London median annual salary £35,000 £69,000 £46,250
% change year-on-year -49.28% +49.19% -7.50%

All Process and Methodology Skills
UK

Quantitative Research 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 with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 85,075 94,861 153,532
As % of all permanent jobs advertised in the UK 85.25% 95.59% 95.75%
Number of salaries quoted 59,840 55,938 82,447
10th Percentile £29,071 £34,000 £33,714
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,000 £60,000
Median % change year-on-year -9.84% +1.67% +9.09%
75th Percentile £72,500 £81,250 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +10.53%

Quantitative Research
Job Vacancy Trend

Job postings citing Quantitative Research as a proportion of all IT jobs advertised.

Job vacancy trend for Quantitative Research in the UK

Quantitative Research
Salary Trend

3-month moving average salary quoted in jobs citing Quantitative Research.

Salary trend for Quantitative Research in the UK

Quantitative Research
Salary Histogram

Salary distribution for jobs citing Quantitative Research over the 6 months to 17 May 2024.

Salary histogram for Quantitative Research in the UK

Quantitative Research
Top 17 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Research within the UK over the 6 months to 17 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 +9 173 £105,000 - 136
London +19 117 £137,500 +17.02% 122
UK excluding London +38 95 £35,000 -49.28% 32
Work from Home +26 88 £105,000 - 25
Scotland -32 27 - - 2
North of England +44 17 £49,612 -29.13% 5
South East +4 15 £31,500 -53.68% 24
Midlands +3 15 £35,000 -46.15%
North West -9 11 £65,000 -7.14% 4
Northern Ireland - 9 - -
East Midlands - 8 £35,000 -
West Midlands +16 7 £32,750 -49.62%
East of England - 5 £50,527 -
Yorkshire +75 4 £35,413 -38.47%
South West -14 4 £44,225 +10.25% 1
Wales +14 3 - -
North East -2 2 £44,225 +10.56% 1

Quantitative Research
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 8 (3.59%) Confluence
2 5 (2.24%) SAS
3 3 (1.35%) Apache Spark
4 2 (0.90%) Apache
5 1 (0.45%) Apache Airflow
Applications
1 16 (7.17%) Microsoft PowerPoint
2 14 (6.28%) Microsoft Excel
3 12 (5.38%) Microsoft Office
4 10 (4.48%) SPSS
5 9 (4.04%) InVision
5 9 (4.04%) Sketch
6 6 (2.69%) UserZoom
7 5 (2.24%) Stata
8 3 (1.35%) Adobe XD
9 2 (0.90%) Spreadsheet
10 1 (0.45%) Trello
Cloud Services
1 54 (24.22%) AWS
1 54 (24.22%) Azure
2 41 (18.39%) GCP
3 6 (2.69%) Microsoft 365
3 6 (2.69%) SurveyMonkey
4 4 (1.79%) Figma
4 4 (1.79%) Miro
5 1 (0.45%) Amazon S3
5 1 (0.45%) Contentsquare
5 1 (0.45%) GitHub
5 1 (0.45%) Google Analytics
5 1 (0.45%) Google Tag Manager
5 1 (0.45%) NuGet
5 1 (0.45%) Salesforce Sales Cloud
5 1 (0.45%) Salesforce Service Cloud
5 1 (0.45%) Snowflake
Communications & Networking
1 6 (2.69%) Intranet
2 4 (1.79%) Internet
3 1 (0.45%) Firewall
Database & Business Intelligence
1 7 (3.14%) NoSQL
2 3 (1.35%) PostgreSQL
3 2 (0.90%) Data Mart
3 2 (0.90%) Hadoop
3 2 (0.90%) QGIS
3 2 (0.90%) Tableau
4 1 (0.45%) Big Data
4 1 (0.45%) Dremio
4 1 (0.45%) MySQL
4 1 (0.45%) RDBMS
4 1 (0.45%) Relational Database
4 1 (0.45%) Tick Data
Development Applications
1 8 (3.59%) JIRA
2 3 (1.35%) Git
3 1 (0.45%) Bitbucket
3 1 (0.45%) TeamCity
3 1 (0.45%) Visual Website Optimizer
General
1 101 (45.29%) Finance
2 59 (26.46%) Social Skills
3 46 (20.63%) Front Office
4 35 (15.70%) Analytical Skills
5 32 (14.35%) Inclusion and Diversity
6 27 (12.11%) Law
7 20 (8.97%) Banking
8 17 (7.62%) Presentation Skills
9 15 (6.73%) Marketing
10 13 (5.83%) Investment Banking
10 13 (5.83%) Public Sector
10 13 (5.83%) Social Science
11 7 (3.14%) Legal
12 6 (2.69%) Influencing Skills
12 6 (2.69%) Manufacturing
12 6 (2.69%) Organisational Skills
13 3 (1.35%) Advertising
13 3 (1.35%) Retail
14 2 (0.90%) Electronics
15 1 (0.45%) Retail Banking
Job Titles
1 72 (32.29%) Developer
2 70 (31.39%) Quantitative Developer
3 61 (27.35%) Senior
4 53 (23.77%) User Researcher
5 45 (20.18%) Python Developer
6 33 (14.80%) Senior User Researcher
7 25 (11.21%) Analyst
8 24 (10.76%) Finance Manager
9 20 (8.97%) Lead
10 13 (5.83%) Software Engineer
10 13 (5.83%) User Experience Researcher
11 12 (5.38%) Lead Software Engineer
11 12 (5.38%) Python Engineer
11 12 (5.38%) Python Software Engineer
11 12 (5.38%) Senior Software Engineer
12 10 (4.48%) Business Analyst
12 10 (4.48%) C++ Developer
12 10 (4.48%) C++ Quantitative Developer
12 10 (4.48%) Consultant
13 8 (3.59%) Research Manager
Libraries, Frameworks & Software Standards
1 5 (2.24%) .NET
2 4 (1.79%) NumPy
2 4 (1.79%) Pandas
3 3 (1.35%) CSS
3 3 (1.35%) HTML
4 2 (0.90%) Apache Commons
5 1 (0.45%) .NET Core
5 1 (0.45%) Apache Thrift
5 1 (0.45%) Dask
5 1 (0.45%) FIX Protocol
5 1 (0.45%) GraphQL
5 1 (0.45%) gRPC
5 1 (0.45%) OpenAPI
5 1 (0.45%) OpenTelemetry
5 1 (0.45%) scikit-learn
Miscellaneous
1 59 (26.46%) Hedge funds
2 53 (23.77%) Equities
3 42 (18.83%) Derivative
4 41 (18.39%) Fixed Income
5 39 (17.49%) Product Ownership
6 14 (6.28%) Cloud Native
7 13 (5.83%) Algorithms
8 10 (4.48%) Data Structures
9 7 (3.14%) Market Risk
9 7 (3.14%) NHS
10 6 (2.69%) Onboarding
11 4 (1.79%) Data Protection Act
11 4 (1.79%) Distributed Computing
11 4 (1.79%) Self-Motivation
12 3 (1.35%) Blog
12 3 (1.35%) Greenfield Project
12 3 (1.35%) Mobile App
13 2 (0.90%) Credit Derivative
14 1 (0.45%) FMCG
14 1 (0.45%) Social Media
Operating Systems
1 3 (1.35%) Linux
2 1 (0.45%) Windows
Processes & Methodologies
1 115 (51.57%) Agile
2 107 (47.98%) Qualitative Research
3 72 (32.29%) User Research
4 65 (29.15%) Software Engineering
5 54 (24.22%) Actionable Insight
6 51 (22.87%) User-Centered Design (UCD)
7 47 (21.08%) Decision-Making
8 46 (20.63%) Workshop Facilitation
9 43 (19.28%) Asset Management
10 42 (18.83%) Investment Management
11 41 (18.39%) Computer Science
12 40 (17.94%) User Experience
13 39 (17.49%) Customer Experience
14 38 (17.04%) Problem-Solving
15 34 (15.25%) Mathematics
16 33 (14.80%) Backlog Prioritisation
16 33 (14.80%) Digital Customer Experience
16 33 (14.80%) Empathy Maps
16 33 (14.80%) Requirements Analysis
17 28 (12.56%) Project Management
Programming Languages
1 88 (39.46%) Python
2 50 (22.42%) R
3 20 (8.97%) C++
3 20 (8.97%) Java
4 16 (7.17%) SQL
5 15 (6.73%) C#
6 4 (1.79%) JavaScript
7 2 (0.90%) Ada
7 2 (0.90%) VBA
8 1 (0.45%) Dart
8 1 (0.45%) F#
8 1 (0.45%) Go
8 1 (0.45%) Kotlin
8 1 (0.45%) MATLAB
8 1 (0.45%) Scala
Qualifications
1 77 (34.53%) Degree
2 33 (14.80%) SC Cleared
2 33 (14.80%) Security Cleared
3 22 (9.87%) Master's Degree
4 7 (3.14%) PhD
5 4 (1.79%) BPSS Clearance
5 4 (1.79%) Numerate Degree
6 3 (1.35%) Computer Science Degree
6 3 (1.35%) Postgraduate
Quality Assurance & Compliance
1 54 (24.22%) Accessibility
2 10 (4.48%) Actionable Recommendations
3 3 (1.35%) GDPR
3 3 (1.35%) PMO
3 3 (1.35%) QA
3 3 (1.35%) WCAG
4 1 (0.45%) Data Quality
4 1 (0.45%) MiFID
System Software
1 1 (0.45%) Slurm Workload Manager
Systems Management
1 2 (0.90%) Kubernetes
2 1 (0.45%) Prometheus
Vendors
1 39 (17.49%) Bloomberg
2 22 (9.87%) Microsoft
3 13 (5.83%) Qualtrics
4 7 (3.14%) Hotjar
5 6 (2.69%) Adobe
6 4 (1.79%) Mercator
7 2 (0.90%) Databricks
7 2 (0.90%) Google
8 1 (0.45%) Optimizely
8 1 (0.45%) Salesforce