Cost Reduction
England > London
The table below provides summary statistics for permanent job vacancies advertised in London 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 1 July 2024, comparing them to the same period in the previous two years.
| 6 months to 1 Jul 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 409 | 491 | 663 |
| Rank change year-on-year | +82 | +172 | -187 |
| Permanent jobs citing Cost Reduction | 93 | 93 | 284 |
| As % of all permanent jobs advertised in London | 0.38% | 0.31% | 0.37% |
| As % of the Processes & Methodologies category | 0.43% | 0.32% | 0.38% |
| Number of salaries quoted | 49 | 52 | 83 |
| 10th Percentile | £35,631 | £39,500 | £43,520 |
| 25th Percentile | £43,000 | £49,454 | £52,500 |
| Median annual salary (50th Percentile) | £65,000 | £65,000 | £70,000 |
| Median % change year-on-year | - | -7.14% | +7.69% |
| 75th Percentile | £73,750 | £86,250 | £81,250 |
| 90th Percentile | £88,000 | £110,000 | £109,000 |
| England median annual salary | £55,000 | £60,000 | £55,000 |
| % change year-on-year | -8.33% | +9.09% | - |
All Process and Methodology Skills
London
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 London.
| Permanent vacancies with a requirement for process or methodology skills | 21,751 | 28,646 | 74,208 |
| As % of all permanent jobs advertised in London | 89.33% | 94.92% | 97.06% |
| Number of salaries quoted | 15,759 | 21,345 | 35,413 |
| 10th Percentile | £37,500 | £42,500 | £42,500 |
| 25th Percentile | £51,250 | £55,000 | £53,750 |
| Median annual salary (50th Percentile) | £70,000 | £75,000 | £70,000 |
| Median % change year-on-year | -6.67% | +7.14% | - |
| 75th Percentile | £95,000 | £95,000 | £92,000 |
| 90th Percentile | £117,500 | £116,250 | £110,000 |
| England median annual salary | £55,000 | £62,500 | £60,000 |
| % change year-on-year | -12.00% | +4.17% | +9.09% |
Cost Reduction
Job Vacancy Trend in London
Job postings citing Cost Reduction as a proportion of all IT jobs advertised in London.
Cost Reduction
Salary Trend in London
3-month moving average salary quoted in jobs citing Cost Reduction in London.
Cost Reduction
Salary Histogram in London
Salary distribution for jobs citing Cost Reduction in London over the 6 months to 1 July 2024.
Cost Reduction
Job Locations in London
The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Cost Reduction within the London region over the 6 months to 1 July 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 |
|---|---|---|---|---|---|
| Central London | +42 | 12 | £77,500 | +14.81% | 6 |
| South London | - | 5 | £55,000 | - | |
| West London | - | 1 | £57,500 | - | 4 |
| East London | - | 1 | £27,500 | - | 1 |
| Cost Reduction England |
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Cost Reduction
Co-occurring Skills and Capabilities in London 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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