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 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 122 120 117
Rank change year-on-year
-2 -3
Contract jobs citing FATCA 6 4 3
As % of all contract IT jobs located in Scotland 0.24% 0.15% 0.13%
As % of the Quality Assurance & Compliance category 2.14% 1.42% 1.44%
Number of daily rates quoted 6 4 0
Average daily rate £400 £494 -
Average daily rate % change year-on-year
-18.98% -
UK excluding London average daily rate £400 £513 £425
% change year-on-year
-21.98% +20.64%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
281 282 208
As % of all contract IT jobs located in Scotland 11.01% 10.42% 8.98%
Number of daily rates quoted 127 171 111
Average daily rate £375 £375 £325
Average daily rate % change year-on-year
- +15.38%
90% offered a daily rate of more than £225 £174 £189
10% offered a daily rate of more than £500 £500 £450
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 5 6 5
Average hourly rate £22.00 £15.77 £13.50
Average hourly rate % change year-on-year
+39.50% +16.81%
90% offered a hourly rate of more than £13.25 £13.94 £10.80
10% offered a hourly rate of more than £38.75 £47.50 £24.84
UK excluding London average hourly rate £42.25 £23.25 £17.00
% change year-on-year
+81.72% +36.76%

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
Daily Rate Histogram in Scotland

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the Scotland region over the 3 months to 9 February 2016.

FATCA Daily Rate Histogram 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 9 February 2016. 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 -8 5 £400 -18.98%
Glasgow - 2 £340 -
FATCA
UK

FATCA
Top 30 Related IT Skills in Scotland

For the 6 months to 9 February 2016, 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 9 (90.00%) Banking
2 8 (80.00%) Data Warehouse
2 8 (80.00%) Finance
3 7 (70.00%) Migration
3 7 (70.00%) General Ledger
3 7 (70.00%) Software Testing
3 7 (70.00%) Security Testing
3 7 (70.00%) Data Migration
3 7 (70.00%) Data Extraction
3 7 (70.00%) Information Assurance
3 7 (70.00%) Data Analytics
3 7 (70.00%) Analytics
3 7 (70.00%) Anti-Money Laundering
4 6 (60.00%) Mentoring
5 5 (50.00%) Coaching
5 5 (50.00%) Resource Management
6 3 (30.00%) ISEB
6 3 (30.00%) ISTQB
7 2 (20.00%) Retail Banking
7 2 (20.00%) Test Management
7 2 (20.00%) Retail
7 2 (20.00%) ISTQB Foundation Certification
7 2 (20.00%) Analytical Skills
8 1 (10.00%) SDLC
8 1 (10.00%) Agile Software Development
8 1 (10.00%) Stakeholder Management
8 1 (10.00%) Regression Testing
8 1 (10.00%) Validation
8 1 (10.00%) MS Excel
8 1 (10.00%) Computer Science

FATCA
Top Related IT Skills in Scotland by Category

For the 6 months to 9 February 2016, 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.

Applications
1 1 (10.00%) MS Excel
1 1 (10.00%) MS PowerPoint
Database & Business Intelligence
1 8 (80.00%) Data Warehouse
General
1 9 (90.00%) Banking
2 8 (80.00%) Finance
3 7 (70.00%) General Ledger
4 2 (20.00%) Retail
4 2 (20.00%) Retail Banking
Job Titles
1 7 (70.00%) Test Manager
2 5 (50.00%) Data Warehouse Manager
2 5 (50.00%) Finance Manager
2 5 (50.00%) Finance Systems Manager
2 5 (50.00%) Fraud Manager
3 3 (30.00%) Analyst
4 2 (20.00%) Banking Analyst
4 2 (20.00%) Test Analyst
5 1 (10.00%) Business Analyst
5 1 (10.00%) Business Manager
5 1 (10.00%) Regulatory Business Analyst
5 1 (10.00%) Regulatory Reporting Business Analyst
5 1 (10.00%) Report Analyst
5 1 (10.00%) Senior Analyst
5 1 (10.00%) Senior Test Analyst
Miscellaneous
1 7 (70.00%) Data Extraction
2 2 (20.00%) Analytical Skills
3 1 (10.00%) Computer Science
Processes & Methodologies
1 7 (70.00%) Analytics
1 7 (70.00%) Anti-Money Laundering
1 7 (70.00%) Data Analytics
1 7 (70.00%) Data Migration
1 7 (70.00%) Information Assurance
1 7 (70.00%) Migration
1 7 (70.00%) Security Testing
1 7 (70.00%) Software Testing
2 6 (60.00%) Mentoring
3 5 (50.00%) Coaching
3 5 (50.00%) Resource Management
4 2 (20.00%) Test Management
5 1 (10.00%) Agile Software Development
5 1 (10.00%) Regression Testing
5 1 (10.00%) SDLC
5 1 (10.00%) Stakeholder Management
5 1 (10.00%) Test Strategy
5 1 (10.00%) Validation
5 1 (10.00%) Waterfall
Qualifications
1 3 (30.00%) ISEB
1 3 (30.00%) ISTQB
2 2 (20.00%) ISTQB Foundation Certification
3 1 (10.00%) Degree
Quality Assurance & Compliance
1 1 (10.00%) Basel III
1 1 (10.00%) Solvency II
Systems Management
1 1 (10.00%) HP Quality Center