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 24 April 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
24 Apr 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 117 129 118
Rank change year-on-year
+12 -11
Contract jobs citing FATCA 10 3 8
As % of all contract IT jobs located in Scotland 0.33% 0.11% 0.33%
As % of the Quality Assurance & Compliance category 5.10% 1.90% 5.63%
Number of daily rates quoted 8 2 5
Average daily rate
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£342 £408 £325
Average daily rate % change year-on-year
-16.07% +25.38%
90% offered a daily rate of more than £337 £402 £265
10% offered a daily rate of more than £400 £414 £345
UK excluding London average daily rate £345 £400 £331
% change year-on-year
-13.75% +20.75%
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
196 158 142
As % of all contract IT jobs located in Scotland 6.48% 5.98% 5.88%
Number of daily rates quoted 110 73 86
Average daily rate £375 £350 £325
Average daily rate % change year-on-year
+7.14% +7.69%
90% offered a daily rate of more than £265 £260 £250
10% offered a daily rate of more than £500 £550 £413
UK excluding London average daily rate £375 £368 £338
% change year-on-year
+2.04% +8.88%
Number of hourly rates quoted 4 6 5
Average hourly rate £32.50 £19.75 £12.00
Average hourly rate % change year-on-year
+64.55% +64.58%
90% offered a hourly rate of more than £17.80 £13.00 £9.64
10% offered a hourly rate of more than £35.00 £32.00 £72.00
UK excluding London average hourly rate £22.50 £18.00 £15.13
% change year-on-year
+25.00% +19.00%

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 24 April 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 +8 8 £342 -17.59%
Stirling - 1 - -
FATCA
UK

FATCA
Top 30 Related IT Skills in Scotland

For the 6 months to 24 April 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 12 (85.71%) Banking
2 10 (71.43%) Finance
3 5 (35.71%) Retail
4 4 (28.57%) Stakeholder Management
4 4 (28.57%) SQL
5 3 (21.43%) GAP Analysis
5 3 (21.43%) Business Analysis
5 3 (21.43%) ISTQB
5 3 (21.43%) User Acceptance Testing
5 3 (21.43%) Stakeholder Engagement
5 3 (21.43%) ISTQB Foundation Certification
6 2 (14.29%) Mentoring
6 2 (14.29%) Coaching
6 2 (14.29%) HP Quality Center
6 2 (14.29%) Reference Data
6 2 (14.29%) Non-Functional Testing
6 2 (14.29%) Data Analytics
6 2 (14.29%) Analytics
6 2 (14.29%) EMIR
6 2 (14.29%) Resource Management
6 2 (14.29%) Retail Banking
6 2 (14.29%) Investment Banking
6 2 (14.29%) UNIX
6 2 (14.29%) Data Warehouse
6 2 (14.29%) MS Visio
6 2 (14.29%) ISEB
7 1 (7.14%) Project Management
7 1 (7.14%) Process Management
7 1 (7.14%) Data Modelling
7 1 (7.14%) Toad

FATCA
Top Related IT Skills in Scotland by Category

For the 6 months to 24 April 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 (7.14%) Oracle Workflow
Applications
1 2 (14.29%) MS Visio
Database & Business Intelligence
1 2 (14.29%) Data Warehouse
Development Applications
1 1 (7.14%) Toad
General
1 12 (85.71%) Banking
2 10 (71.43%) Finance
3 5 (35.71%) Retail
4 2 (14.29%) Retail Banking
4 2 (14.29%) Investment Banking
5 1 (7.14%) Back Office
5 1 (7.14%) Legal
Job Titles
1 6 (42.86%) Analyst
2 4 (28.57%) Business Analyst
3 3 (21.43%) Test Leader
4 2 (14.29%) Report Analyst
4 2 (14.29%) Test Coordinator
4 2 (14.29%) Test Manager
4 2 (14.29%) Coordinator
4 2 (14.29%) Project Manager
5 1 (7.14%) Technical Project Manager
5 1 (7.14%) Data Analyst
5 1 (7.14%) Technical Manager
5 1 (7.14%) Financial Business Analyst
5 1 (7.14%) Financial Services Business Analyst
5 1 (7.14%) Reference Data Business Analyst
5 1 (7.14%) Data Business Analyst
Miscellaneous
1 2 (14.29%) Reference Data
2 1 (7.14%) Management Information System
2 1 (7.14%) User Experience
Operating Systems
1 2 (14.29%) UNIX
Processes & Methodologies
1 4 (28.57%) Stakeholder Management
2 3 (21.43%) GAP Analysis
2 3 (21.43%) Business Analysis
2 3 (21.43%) User Acceptance Testing
2 3 (21.43%) Stakeholder Engagement
3 2 (14.29%) Mentoring
3 2 (14.29%) Coaching
3 2 (14.29%) Non-Functional Testing
3 2 (14.29%) Data Analytics
3 2 (14.29%) Analytics
3 2 (14.29%) Resource Management
4 1 (7.14%) Project Management
4 1 (7.14%) Process Management
4 1 (7.14%) Data Modelling
4 1 (7.14%) OO
4 1 (7.14%) Data Analysis
4 1 (7.14%) Workflow
4 1 (7.14%) Validation
4 1 (7.14%) Requirements Management
4 1 (7.14%) BPMN
Programming Languages
1 4 (28.57%) SQL
Qualifications
1 3 (21.43%) ISTQB
1 3 (21.43%) ISTQB Foundation Certification
2 2 (14.29%) ISEB
Quality Assurance & Compliance
1 2 (14.29%) EMIR
2 1 (7.14%) MiFID
2 1 (7.14%) Dodd-Frank
Systems Management
1 2 (14.29%) HP Quality Center
Vendors
1 1 (7.14%) Oracle
1 1 (7.14%) Pega
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