The first table below looks at the demand for FATCA skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 16 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the Canary Wharf region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
16 Apr 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank - 47 -
Contract jobs citing FATCA 0 1 0
As % of all contract IT jobs located in Canary Wharf - 0.27% -
As % of the Quality Assurance & Compliance category - 2.44% -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £400 £331 £383
% change year-on-year
+20.75% -13.39%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
Canary Wharf
Contract IT job ads with a match in the
Quality Assurance & Compliance category
10 41 30
As % of all contract IT jobs located in Canary Wharf 6.33% 11.20% 7.50%
Number of daily rates quoted 5 26 9
Average daily rate £500 £550 £536
Average daily rate % change year-on-year
-9.09% +2.61%
90% offered a daily rate of more than £415 £198 £411
10% offered a daily rate of more than £665 £700 £580
UK excluding London average daily rate £363 £325 £350
% change year-on-year
+11.53% -7.14%
Number of hourly rates quoted 1 0 1
Average hourly rate £28.00 - £65.00
UK excluding London average hourly rate £18.00 £15.38 £16.50
% change year-on-year
+17.07% -6.81%
FATCA
London

FATCA
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing FATCA across the Canary Wharf region as a proportion of the total demand within the Quality Assurance & Compliance category.

FATCA Jobs Demand Trend in Canary Wharf

FATCA
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing FATCA across the Canary Wharf region.

FATCA Daily Rate Trend in Canary Wharf