The table below looks at the statistics for FATCA skills in IT contracts advertised for the Glasgow 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 68 65 75
Rank change year-on-year
-3 +10
Contract jobs citing FATCA 3 1 4
As % of all contract IT jobs located in Glasgow 0.34% 0.14% 0.42%
As % of the Quality Assurance & Compliance category 5.56% 2.94% 5.71%
Number of daily rates quoted 3 1 2
Average daily rate
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£375 £400 £331
Average daily rate % change year-on-year
-6.25% +20.75%
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
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 Glasgow region.

Quality Assurance & Compliance Category
Glasgow
Contract IT job ads with a match in the
Quality Assurance & Compliance category
54 34 70
As % of all contract IT jobs located in Glasgow 6.20% 4.89% 7.29%
Number of daily rates quoted 27 14 39
Average daily rate £356 £388 £275
Average daily rate % change year-on-year
-8.06% +40.90%
90% offered a daily rate of more than £269 £300 £250
10% offered a daily rate of more than £450 £400 £329
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 3 4 3
Average hourly rate £32.50 £17.00 £9.25
Average hourly rate % change year-on-year
+91.17% +83.78%
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 Glasgow

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

FATCA Jobs Demand Trend in Glasgow

FATCA
Daily Rate Trend in Glasgow

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

FATCA Daily Rate Trend in Glasgow

FATCA
Top 6 Related IT Skills in Glasgow

For the 6 months to 22 May 2015, IT contractor jobs across the Glasgow region citing FATCA also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited FATCA.

1 3 (100.00%) Finance
2 2 (66.67%) Banking
2 2 (66.67%) Investment Banking
2 2 (66.67%) Risk Management
2 2 (66.67%) Data Modelling
2 2 (66.67%) Charles River

FATCA
Top Related IT Skills in Glasgow by Category

For the 6 months to 22 May 2015, IT contractor jobs across the Glasgow region citing FATCA also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited FATCA. Up to 20 skills are shown per category.

General
1 3 (100.00%) Finance
2 2 (66.67%) Banking
2 2 (66.67%) Investment Banking
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
2 1 (33.33%) Programme Manager
Processes & Methodologies
1 2 (66.67%) Risk Management
1 2 (66.67%) Data Modelling
Vendors
1 2 (66.67%) Charles River