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 1 June 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 1 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 71 | 33 | 62 |
| Rank change year-on-year | -38 | +29 | +24 |
| Permanent jobs citing Banking | 3,625 | 6,400 | 9,298 |
| As % of all permanent jobs advertised in the UK | 3.45% | 6.76% | 5.51% |
| As % of the General category | 5.94% | 9.98% | 8.46% |
| Number of salaries quoted | 2,154 | 3,999 | 4,272 |
| 10th Percentile | £47,311 | £46,330 | £41,250 |
| 25th Percentile | £63,750 | £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 | £115,000 | £100,000 | £94,475 |
| 90th Percentile | £142,500 | £130,000 | £111,250 |
| UK excluding London median annual salary | £67,500 | £64,472 | £60,000 |
| % change year-on-year | +4.70% | +7.45% | +4.35% |
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 | 61,046 | 64,137 | 109,886 |
| As % of all permanent jobs advertised in the UK | 58.17% | 67.76% | 65.12% |
| Number of salaries quoted | 40,257 | 35,476 | 51,779 |
| 10th Percentile | £27,500 | £32,350 | £32,500 |
| 25th Percentile | £36,250 | £43,000 | £42,500 |
| Median annual salary (50th Percentile) | £52,500 | £60,000 | £60,000 |
| Median % change year-on-year | -12.50% | - | +9.09% |
| 75th Percentile | £71,799 | £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 1 June 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 1 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 |
|---|---|---|---|---|---|
| England | -37 | 2,923 | £87,500 | +16.67% | 743 |
| London | -3 | 1,900 | £92,500 | +8.82% | 546 |
| UK excluding London | -64 | 1,647 | £67,500 | +4.70% | 218 |
| Work from Home | -54 | 1,286 | £87,500 | +25.00% | 386 |
| Scotland | -28 | 609 | £72,500 | +4.40% | 36 |
| South West | -31 | 373 | £70,576 | +12.02% | 30 |
| North of England | -88 | 359 | £70,000 | +16.67% | 48 |
| Yorkshire | -53 | 156 | £70,576 | +15.36% | 11 |
| North West | -93 | 153 | £68,490 | +15.06% | 34 |
| South East | -80 | 125 | £60,000 | -7.94% | 54 |
| Midlands | -78 | 117 | £55,000 | -2.65% | 29 |
| West Midlands | -70 | 67 | £55,000 | -1.79% | 13 |
| North East | +28 | 50 | £58,500 | +112.73% | 3 |
| East Midlands | -44 | 49 | £70,000 | +16.67% | 16 |
| East of England | -42 | 41 | £50,000 | -23.08% | 6 |
| Wales | -39 | 25 | £69,038 | +25.79% | 14 |
| Northern Ireland | -7 | 8 | £82,500 | +37.50% | 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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