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 18 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 18 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 67 | 36 | 62 |
| Rank change year-on-year | -31 | +26 | +24 |
| Permanent jobs citing Banking | 3,681 | 6,868 | 8,686 |
| As % of all permanent jobs advertised in the UK | 3.68% | 6.93% | 5.40% |
| As % of the General category | 6.18% | 10.15% | 8.38% |
| Number of salaries quoted | 2,216 | 4,265 | 4,119 |
| 10th Percentile | £46,500 | £46,350 | £41,250 |
| 25th Percentile | £62,500 | £56,219 | £55,000 |
| Median annual salary (50th Percentile) | £85,000 | £75,000 | £72,500 |
| Median % change year-on-year | +13.33% | +3.45% | -3.33% |
| 75th Percentile | £112,500 | £100,000 | £95,000 |
| 90th Percentile | £142,500 | £130,000 | £111,308 |
| UK excluding London median annual salary | £70,000 | £64,691 | £59,526 |
| % change year-on-year | +8.21% | +8.68% | +3.52% |
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 | 59,575 | 67,663 | 103,701 |
| As % of all permanent jobs advertised in the UK | 59.63% | 68.23% | 64.52% |
| Number of salaries quoted | 39,717 | 36,616 | 51,172 |
| 10th Percentile | £27,500 | £32,500 | £32,500 |
| 25th Percentile | £36,250 | £43,059 | £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 | £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% |
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 18 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 18 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 | -34 | 2,925 | £85,000 | +13.33% | 775 |
| London | -4 | 1,843 | £90,000 | +5.88% | 621 |
| UK excluding London | -54 | 1,757 | £70,000 | +8.21% | 271 |
| Work from Home | -53 | 1,278 | £83,577 | +19.40% | 329 |
| Scotland | -29 | 654 | £71,991 | +3.66% | 41 |
| North of England | -71 | 406 | £70,000 | +16.18% | 49 |
| South West | -25 | 387 | £70,576 | +8.58% | 28 |
| Yorkshire | -41 | 186 | £70,576 | +14.76% | 13 |
| North West | -75 | 173 | £69,447 | +16.20% | 31 |
| South East | -66 | 128 | £60,000 | -7.69% | 101 |
| Midlands | -74 | 116 | £55,000 | -2.65% | 34 |
| West Midlands | -49 | 68 | £55,000 | -1.79% | 23 |
| North East | +28 | 47 | £56,750 | +106.36% | 5 |
| East Midlands | -33 | 47 | £70,000 | +16.67% | 11 |
| East of England | -44 | 37 | £50,000 | -21.57% | 11 |
| Wales | -32 | 30 | £51,528 | -6.25% | 4 |
| Northern Ireland | -2 | 9 | £82,500 | +60.19% | 3 |
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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