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 9 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 9 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 68 | 35 | 65 |
| Rank change year-on-year | -33 | +30 | +20 |
| Permanent jobs citing Banking | 3,646 | 7,031 | 8,336 |
| As % of all permanent jobs advertised in the UK | 3.68% | 6.94% | 5.31% |
| As % of the General category | 6.16% | 10.17% | 8.28% |
| Number of salaries quoted | 2,198 | 4,364 | 4,015 |
| 10th Percentile | £46,442 | £46,381 | £41,250 |
| 25th Percentile | £62,500 | £56,242 | £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 | £111,250 | £100,000 | £95,000 |
| 90th Percentile | £142,500 | £127,500 | £112,500 |
| UK excluding London median annual salary | £70,000 | £64,535 | £59,500 |
| % change year-on-year | +8.47% | +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 | 59,215 | 69,122 | 100,670 |
| As % of all permanent jobs advertised in the UK | 59.75% | 68.21% | 64.16% |
| Number of salaries quoted | 39,629 | 37,296 | 50,752 |
| 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 | £102,000 | £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 9 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 9 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 | 2,876 | £85,000 | +13.33% | 707 |
| London | -5 | 1,790 | £90,000 | +5.88% | 533 |
| UK excluding London | -52 | 1,775 | £70,000 | +8.47% | 213 |
| Work from Home | -57 | 1,252 | £83,038 | +18.63% | 314 |
| Scotland | -31 | 666 | £72,246 | +4.03% | 36 |
| North of England | -62 | 411 | £70,576 | +17.14% | 63 |
| South West | -24 | 390 | £70,576 | +8.00% | 22 |
| Yorkshire | -35 | 192 | £70,576 | +10.22% | 19 |
| North West | -75 | 173 | £69,724 | +16.21% | 39 |
| South East | -74 | 129 | £60,000 | -7.69% | 31 |
| Midlands | -81 | 112 | £55,000 | - | 34 |
| West Midlands | -60 | 67 | £55,000 | - | 23 |
| North East | +29 | 46 | £56,750 | +106.36% | 5 |
| East Midlands | -40 | 44 | £70,000 | +16.67% | 11 |
| East of England | -33 | 36 | £50,000 | -20.00% | 18 |
| Wales | -36 | 31 | £51,528 | -6.11% | 7 |
| 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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