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 26 November 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
26 Nov 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank - 76 63
Contract jobs citing FATCA 0 2 1
As % of all contract IT jobs located in Edinburgh - 0.17% 0.10%
As % of the Quality Assurance & Compliance category - 4.08% 1.89%
Number of daily rates quoted 0 1 1
Average daily rate
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- £380 £370
Average daily rate % change year-on-year
- +2.70%
UK excluding London average daily rate £520 £425 £348
% change year-on-year
+22.41% +22.30%
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
80 49 53
As % of all contract IT jobs located in Edinburgh 5.65% 4.05% 5.42%
Number of daily rates quoted 41 19 30
Average daily rate £400 £350 £323
Average daily rate % change year-on-year
+14.28% +8.52%
90% offered a daily rate of more than £275 £275 £225
10% offered a daily rate of more than £550 £475 £500
UK excluding London average daily rate £368 £350 £365
% change year-on-year
+5.00% -4.10%
Number of hourly rates quoted 1 0 3
Average hourly rate £15.77 - £10.00
UK excluding London average hourly rate £21.99 £17.50 £19.00
% change year-on-year
+25.62% -7.89%

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