Cost Reduction Jobs in Worcestershire

Cost Reduction
West Midlands > Worcestershire

The table below provides summary statistics for permanent job vacancies advertised in Worcestershire requiring Cost Reduction skills. It includes a benchmarking guide to the annual salaries offered in vacancies that cited Cost Reduction over the 6 months leading up to 11 June 2024, comparing them to the same period in the previous two years.

6 months to
11 Jun 2024
Same period 2023 Same period 2022
Rank 50 - 47
Rank change year-on-year - - -
Permanent jobs citing Cost Reduction 6 0 2
As % of all permanent jobs advertised in Worcestershire 1.05% - 0.65%
As % of the Processes & Methodologies category 1.37% - 0.70%
Number of salaries quoted 3 0 2
10th Percentile - - -
25th Percentile £52,500 - £49,500
Median annual salary (50th Percentile) £55,000 - £50,000
75th Percentile £57,500 - £50,500
90th Percentile - - -
West Midlands median annual salary £54,650 £55,000 £48,375
% change year-on-year -0.64% +13.70% -25.00%

All Process and Methodology Skills
Worcestershire

Cost Reduction falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all permanent job vacancies requiring process or methodology skills in Worcestershire.

Permanent vacancies with a requirement for process or methodology skills 437 152 284
As % of all permanent jobs advertised in Worcestershire 76.13% 95.60% 92.21%
Number of salaries quoted 336 131 187
10th Percentile £25,000 £26,250 £27,625
25th Percentile £29,000 £37,500 £35,875
Median annual salary (50th Percentile) £45,000 £45,000 £45,000
Median % change year-on-year - - +5.88%
75th Percentile £57,500 £58,500 £56,500
90th Percentile £65,000 £66,000 £58,350
West Midlands median annual salary £50,000 £52,500 £50,000
% change year-on-year -4.76% +5.00% +5.26%

Cost Reduction
Job Vacancy Trend in Worcestershire

Job postings citing Cost Reduction as a proportion of all IT jobs advertised in Worcestershire.

Job vacancy trend for Cost Reduction in Worcestershire

Cost Reduction
Salary Trend in Worcestershire

3-month moving average salary quoted in jobs citing Cost Reduction in Worcestershire.

Salary trend for Cost Reduction in Worcestershire

Cost Reduction
Job Locations in Worcestershire

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Cost Reduction within the Worcestershire region over the 6 months to 11 June 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
Kidderminster - 3 £55,000 - 1
Stourport-on-Severn - 3 - -
Cost Reduction
West Midlands

Cost Reduction
Co-occurring Skills and Capabilities in Worcestershire 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 (100.00%) SharePoint
Cloud Services
1 6 (100.00%) Power Automate
1 6 (100.00%) Power Platform
1 6 (100.00%) PowerApps
Database & Business Intelligence
1 6 (100.00%) Power BI
General
1 6 (100.00%) Finance
1 6 (100.00%) Manufacturing
Job Titles
1 6 (100.00%) Lead
2 4 (66.67%) Digital Transformation
Miscellaneous
1 6 (100.00%) Augmented Reality
1 6 (100.00%) Industrial Internet of Things
1 6 (100.00%) Industry 4.0
1 6 (100.00%) PMI
1 6 (100.00%) SCADA
1 6 (100.00%) Virtual Reality
2 3 (50.00%) IoT
Processes & Methodologies
1 6 (100.00%) Analytics
1 6 (100.00%) Artificial Intelligence
1 6 (100.00%) Business Intelligence
1 6 (100.00%) Change Management
1 6 (100.00%) Computer Science
1 6 (100.00%) Data Analytics
1 6 (100.00%) Digital Transformation Programme
1 6 (100.00%) Lean Six Sigma
1 6 (100.00%) Machine Learning
1 6 (100.00%) PRINCE2
1 6 (100.00%) Project Management
1 6 (100.00%) Robotic Automation
1 6 (100.00%) Robotic Process Automation
1 6 (100.00%) Six Sigma
1 6 (100.00%) Smart Manufacturing
2 3 (50.00%) Continuous Improvement
3 2 (33.33%) Manufacturing Engineering
Qualifications
1 6 (100.00%) Degree
1 6 (100.00%) PMI Certification
Vendors
1 6 (100.00%) Microsoft