Europe witnessed a 2.5% rise in IT hiring activity in the banking and payments industry in July 2021 compared with the previous month, according to GlobalData’s Job Analytics index.
July 2021 has seen an increase of 0.45% in the overall hiring activity when compared with June 2021.
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IT jobs accounted for a 16.85% share in the industry’s total hiring activity in July 2021, registering an increase of 0.29% over the last three-month average share.
Software and Web Developers, Programmers, and Testers Occupations leads by classification in July 2021
Software and Web Developers, Programmers, and Testers Occupations emerged as the leading IT occupation in Europe with a share of 55.81% in July 2021, a 6.52% drop over the previous month. Miscellaneous Computer Occupations came in next, claiming a share of 16.44% in July 2021, marking a 1.31% month-on-month decline. In the third place was Database and Network Administrators and Architects with a share of 13.7% in July 2021, a 2.41% drop from June 2021.
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By GlobalDataComputer and Information Analysts registered a share of 9.12% in July 2021, an 8.77% rise over the previous month.
Top five banking and payments companies in Europe’s IT recruitment activity in July 2021
The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average decline of 3.37% in the overall IT recruitment activity of Europe’s banking and payments industry during July 2021 over previous month.
KBC Group posted 1,039 IT jobs in July 2021 and registered a an increase of 12.93% over the previous month, followed by Banco Santander with 366 jobs and a 14.08% drop. SIX Group with 235 IT jobs and JPMorgan Chase with 190 jobs, recorded a 19.8% decline and a 19.15% drop, respectively, while Citigroup recorded a 14.53% decline with 147 job postings during July 2021.
Country-wise composition of IT hiring in Europe’s banking and payments industry
The UK commanded a leading presence in the region’s banking and payments industry IT hiring activity with a 24.33% share in July 2021, a 2.77% rise over June 2021. Czech Republic featured next with a 12.16% share, up 1.32% over the previous month. Poland recorded a 10.26% share, a drop of 26.6% compared with June 2021.
Junior Level job postings dominate in July 2021
Junior Level jobs held a share of 74.02%, down by 5.02% from June 2021. Mid Level positions with a 13.58% share, a decline of 6.69% compared with the previous month.
In the third place was Entry Level job ads with 10.93% share, up 8.91% over June 2021, while Senior postings accounted for 1.47%, recording a month-on-month decline of 24.49%.
