The table below looks at the statistics 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 22 May 2015 with a comparison to the same period in the previous 2 years.

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
22 May 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank - - -
Contract jobs citing FATCA 0 0 0
As % of all contract IT jobs located in Canary Wharf - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Average daily rate
Keep up to 90%
of your Daily Rate
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- - -
UK excluding London average daily rate £400 £400 £280
% change year-on-year
- +42.85%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
FATCA
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the Canary Wharf region.

Quality Assurance & Compliance Category
Canary Wharf
Contract IT job ads with a match in the
Quality Assurance & Compliance category
19 8 56
As % of all contract IT jobs located in Canary Wharf 11.95% 7.21% 13.93%
Number of daily rates quoted 13 4 38
Average daily rate £510 £500 £500
Average daily rate % change year-on-year
+2.00% -
90% offered a daily rate of more than £475 £483 £220
10% offered a daily rate of more than £550 £693 £700
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £21.53 £21.00 £17.50
% change year-on-year
+2.50% +20.00%

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