Retail Banking
UK
The table below looks at the prevalence of the term Retail Banking in permanent job vacancies. Included is a benchmarking guide to the salaries offered in vacancies that have cited Retail Banking over the 6 months to 31 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 31 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 686 | 611 | 888 |
| Rank change year-on-year | -75 | +277 | -59 |
| Permanent jobs citing Retail Banking | 234 | 356 | 403 |
| As % of all permanent jobs advertised in the UK | 0.22% | 0.37% | 0.24% |
| As % of the General category | 0.38% | 0.55% | 0.37% |
| Number of salaries quoted | 178 | 229 | 261 |
| 10th Percentile | £56,000 | £51,833 | £34,500 |
| 25th Percentile | £62,500 | £60,000 | £46,750 |
| Median annual salary (50th Percentile) | £81,250 | £70,000 | £67,500 |
| Median % change year-on-year | +16.07% | +3.70% | -6.15% |
| 75th Percentile | £100,000 | £89,852 | £93,750 |
| 90th Percentile | £122,500 | £103,750 | £110,000 |
| UK excluding London median annual salary | £70,576 | £67,500 | £52,403 |
| % change year-on-year | +4.56% | +28.81% | +1.26% |
All General Skills
UK
Retail 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 | 60,861 | 64,703 | 109,636 |
| As % of all permanent jobs advertised in the UK | 58.33% | 67.91% | 65.08% |
| Number of salaries quoted | 40,150 | 35,651 | 51,733 |
| 10th Percentile | £27,500 | £32,500 | £32,500 |
| 25th Percentile | £36,250 | £43,000 | £42,521 |
| Median annual salary (50th Percentile) | £52,500 | £60,000 | £60,000 |
| Median % change year-on-year | -12.50% | - | +9.09% |
| 75th Percentile | £71,991 | £81,250 | £80,000 |
| 90th Percentile | £92,500 | £102,500 | £97,500 |
| UK excluding London median annual salary | £47,500 | £52,500 | £50,000 |
| % change year-on-year | -9.52% | +5.00% | +5.26% |
Retail Banking
Job Vacancy Trend
Job postings citing Retail Banking as a proportion of all IT jobs advertised.
Retail Banking
Salary Trend
3-month moving average salary quoted in jobs citing Retail Banking.
Retail Banking
Salary Histogram
Salary distribution for jobs citing Retail Banking over the 6 months to 31 May 2024.
Retail Banking
Top 9 Job Locations
The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Retail Banking within the UK over the 6 months to 31 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 | -58 | 196 | £85,000 | +17.24% | 47 |
| London | +51 | 178 | £85,000 | +6.25% | 34 |
| UK excluding London | -104 | 52 | £70,576 | +4.56% | 17 |
| Work from Home | -97 | 35 | £60,000 | -12.82% | 22 |
| Scotland | -64 | 34 | £72,500 | +7.85% | 9 |
| East of England | -1 | 10 | £62,500 | -3.85% | |
| South East | -4 | 5 | £25,000 | -72.22% | 1 |
| Midlands | -13 | 3 | £60,000 | +9.09% | 2 |
| West Midlands | -15 | 3 | £60,000 | +9.09% | 1 |
Retail 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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