The table below looks at the statistics for FATCA skills in IT contracts advertised for the Edinburgh region. Included is a guide to the average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 16 September 2014 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
16 Sep 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank - 70 60
Contract jobs citing FATCA 0 3 6
As % of all contract IT jobs located in Edinburgh - 0.27% 0.56%
As % of the Quality Assurance & Compliance category - 4.76% 9.68%
Number of daily rates quoted 0 1 6
Average daily rate
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of your Daily Rate
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- £380 £375
Average daily rate % change year-on-year
- +1.33%
UK excluding London average daily rate £538 £500 £375
% change year-on-year
+7.50% +33.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
FATCA
Scotland

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 Edinburgh region.

Quality Assurance & Compliance Category
Edinburgh
Contract IT job ads with a match in the
Quality Assurance & Compliance category
98 63 62
As % of all contract IT jobs located in Edinburgh 7.97% 5.71% 5.76%
Number of daily rates quoted 50 25 31
Average daily rate £439 £350 £360
Average daily rate % change year-on-year
+25.35% -2.77%
90% offered a daily rate of more than £328 £260 £136
10% offered a daily rate of more than £550 £442 £470
UK excluding London average daily rate £375 £350 £363
% change year-on-year
+7.14% -3.44%
Number of hourly rates quoted 4 1 8
Average hourly rate £13.89 £5.00 £12.42
Average hourly rate % change year-on-year
+177.70% -59.74%
90% offered a hourly rate of more than £11.30 £5.00 £9.70
10% offered a hourly rate of more than £15.77 £5.00 £18.45
UK excluding London average hourly rate £19.50 £17.50 £21.50
% change year-on-year
+11.42% -18.60%

FATCA
Jobs Demand Trend in Edinburgh

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

FATCA Jobs Demand Trend in Edinburgh

FATCA
Daily Rate Trend in Edinburgh

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

FATCA Daily Rate Trend in Edinburgh