The table below looks at the statistics for FATCA skills in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 133 - 111
Rank change year-on-year
- 0
Contract jobs citing FATCA 3 0 2
As % of all contract IT jobs located in Scotland 0.091% - 0.082%
As % of the Quality Assurance & Compliance category 1.34% - 1.44%
Number of daily rates quoted 2 0 1
Average daily rate
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£371 - £380
UK excluding London average daily rate £400 £550 £600
% change year-on-year
-27.27% -8.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.00 - -
FATCA
UK

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 Scotland region.

Quality Assurance & Compliance Category
Scotland
Contract IT job ads with a match in the
Quality Assurance & Compliance category
224 170 139
As % of all contract IT jobs located in Scotland 6.83% 6.21% 5.68%
Number of daily rates quoted 105 80 57
Average daily rate £385 £400 £350
Average daily rate % change year-on-year
-3.75% +14.28%
90% offered a daily rate of more than £208 £252 £215
10% offered a daily rate of more than £500 £545 £525
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 3 5 10
Average hourly rate £40.85 £15.77 £9.25
Average hourly rate % change year-on-year
+159.03% +70.48%
90% offered a hourly rate of more than £33.20 £11.50 £8.60
10% offered a hourly rate of more than £46.70 £75.50 £35.20
UK excluding London average hourly rate £21.55 £19.50 £17.50
% change year-on-year
+10.51% +11.42%

FATCA
Jobs Demand Trend in Scotland

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

FATCA Jobs Demand Trend in Scotland

FATCA
Daily Rate Trend in Scotland

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

FATCA Daily Rate Trend in Scotland

FATCA
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FATCA within the Scotland region over the 3 months to 28 August 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Edinburgh - 3 £371 -
FATCA
UK

FATCA
Top 30 Related IT Skills in Scotland

For the 6 months to 28 August 2015, IT contractor jobs across the Scotland 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 16 (88.89%) Finance
2 15 (83.33%) Banking
3 7 (38.89%) Stakeholder Management
4 5 (27.78%) Retail
4 5 (27.78%) Data Warehouse
5 4 (22.22%) Data Modelling
5 4 (22.22%) Investment Banking
5 4 (22.22%) Resource Management
5 4 (22.22%) Mentoring
5 4 (22.22%) Coaching
6 3 (16.67%) Data Analytics
6 3 (16.67%) Analytics
6 3 (16.67%) User Acceptance Testing
6 3 (16.67%) Retail Banking
6 3 (16.67%) Business Analysis
6 3 (16.67%) Risk Management
6 3 (16.67%) SQL
7 2 (11.11%) UNIX
7 2 (11.11%) MS Visio
7 2 (11.11%) ISEB
7 2 (11.11%) Charles River
7 2 (11.11%) ISTQB
7 2 (11.11%) Data Migration
7 2 (11.11%) HP Quality Center
7 2 (11.11%) Migration
7 2 (11.11%) Non-Functional Testing
7 2 (11.11%) ISTQB Foundation Certification
8 1 (5.56%) EMIR
8 1 (5.56%) Dodd-Frank
8 1 (5.56%) User Experience

FATCA
Top Related IT Skills in Scotland by Category

For the 6 months to 28 August 2015, IT contractor jobs across the Scotland 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.

Application Platforms
1 1 (5.56%) Oracle Workflow
Applications
1 2 (11.11%) MS Visio
Database & Business Intelligence
1 5 (27.78%) Data Warehouse
Development Applications
1 1 (5.56%) Toad
General
1 16 (88.89%) Finance
2 15 (83.33%) Banking
3 5 (27.78%) Retail
4 4 (22.22%) Investment Banking
5 3 (16.67%) Retail Banking
6 1 (5.56%) Back Office
6 1 (5.56%) General Ledger
Job Titles
1 9 (50.00%) Analyst
1 9 (50.00%) Business Analyst
2 4 (22.22%) Test Manager
3 2 (11.11%) Test Coordinator
3 2 (11.11%) Coordinator
3 2 (11.11%) Project Manager
3 2 (11.11%) Test Leader
4 1 (5.56%) Reference Data Business Analyst
4 1 (5.56%) Data Business Analyst
4 1 (5.56%) Programme Manager
4 1 (5.56%) Data Analyst
4 1 (5.56%) Financial Business Analyst
4 1 (5.56%) Insurance Business Analyst
4 1 (5.56%) Banking Business Analyst
4 1 (5.56%) Financial Services Business Analyst
4 1 (5.56%) Lead Project Manager
Miscellaneous
1 1 (5.56%) Management Information System
1 1 (5.56%) Reference Data
1 1 (5.56%) Data Extraction
1 1 (5.56%) User Experience
Operating Systems
1 2 (11.11%) UNIX
Processes & Methodologies
1 7 (38.89%) Stakeholder Management
2 4 (22.22%) Data Modelling
2 4 (22.22%) Resource Management
2 4 (22.22%) Mentoring
2 4 (22.22%) Coaching
3 3 (16.67%) Data Analytics
3 3 (16.67%) Analytics
3 3 (16.67%) User Acceptance Testing
3 3 (16.67%) Risk Management
3 3 (16.67%) Business Analysis
4 2 (11.11%) Migration
4 2 (11.11%) Data Migration
4 2 (11.11%) Non-Functional Testing
5 1 (5.56%) Information Assurance
5 1 (5.56%) OO
5 1 (5.56%) Security Testing
5 1 (5.56%) BPMN
5 1 (5.56%) Software Testing
5 1 (5.56%) Requirements Management
5 1 (5.56%) Requirements Analysis
Programming Languages
1 3 (16.67%) SQL
Qualifications
1 2 (11.11%) ISEB
1 2 (11.11%) ISTQB
1 2 (11.11%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 1 (5.56%) MiFID
1 1 (5.56%) Basel III
1 1 (5.56%) Solvency II
1 1 (5.56%) EMIR
1 1 (5.56%) Dodd-Frank
Systems Management
1 2 (11.11%) HP Quality Center
Vendors
1 2 (11.11%) Charles River
2 1 (5.56%) Pega
2 1 (5.56%) Oracle