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 2 October 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
2 Oct 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank - 74 52
Contract jobs citing FATCA 0 4 7
As % of all contract IT jobs located in Edinburgh - 0.34% 0.68%
As % of the Quality Assurance & Compliance category - 6.06% 11.48%
Number of daily rates quoted 0 2 7
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
- £380 £375
Average daily rate % change year-on-year
- +1.33%
UK excluding London average daily rate £550 £500 £375
% change year-on-year
+10.00% +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
95 66 61
As % of all contract IT jobs located in Edinburgh 7.67% 5.69% 5.92%
Number of daily rates quoted 51 22 33
Average daily rate £414 £380 £340
Average daily rate % change year-on-year
+8.88% +11.76%
90% offered a daily rate of more than £287 £278 £140
10% offered a daily rate of more than £561 £450 £450
UK excluding London average daily rate £375 £350 £370
% change year-on-year
+7.14% -5.40%
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 £20.00 £17.50 £20.00
% change year-on-year
+14.28% -12.50%

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