The table below looks at the statistics for FATCA skills in IT contracts advertised for the South East region. Included is a guide to the average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 22 September 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
22 Sep 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank - 240 253
Contract jobs citing FATCA 0 2 2
As % of all contract IT jobs located in the South East - 0.023% 0.020%
As % of the Quality Assurance & Compliance category - 0.30% 0.22%
Number of daily rates quoted 0 0 2
Average daily rate
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- - £403
UK excluding London average daily rate £538 £500 £375
% change year-on-year
+7.50% +33.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
FATCA
England

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 South East region.

Quality Assurance & Compliance Category
South East
Contract IT job ads with a match in the
Quality Assurance & Compliance category
796 665 891
As % of all contract IT jobs located in the South East 8.61% 7.64% 8.86%
Number of daily rates quoted 420 289 349
Average daily rate £360 £350 £353
Average daily rate % change year-on-year
+2.85% -0.70%
90% offered a daily rate of more than £200 £250 £215
10% offered a daily rate of more than £500 £500 £499
UK excluding London average daily rate £375 £353 £365
% change year-on-year
+6.38% -3.42%
Number of hourly rates quoted 60 37 68
Average hourly rate £20.00 £19.25 £20.00
Average hourly rate % change year-on-year
+3.89% -3.75%
90% offered a hourly rate of more than £12.00 £11.00 £10.39
10% offered a hourly rate of more than £45.00 £31.15 £45.00
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

FATCA
Jobs Demand Trend in the South East

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

FATCA Jobs Demand Trend in the South East

FATCA
Daily Rate Trend in the South East

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

FATCA Daily Rate Trend in the South East