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 31 October 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
31 Oct 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank - 235 253
Contract jobs citing FATCA 0 1 4
As % of all contract IT jobs located in the South East - 0.012% 0.043%
As % of the Quality Assurance & Compliance category - 0.16% 0.51%
Number of daily rates quoted 0 0 4
Average daily rate
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- - £358
UK excluding London average daily rate £520 £475 £373
% change year-on-year
+9.47% +27.51%
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
849 622 777
As % of all contract IT jobs located in the South East 8.79% 7.24% 8.44%
Number of daily rates quoted 457 293 352
Average daily rate £365 £350 £375
Average daily rate % change year-on-year
+4.37% -6.66%
90% offered a daily rate of more than £201 £225 £225
10% offered a daily rate of more than £550 £475 £482
UK excluding London average daily rate £370 £350 £375
% change year-on-year
+5.71% -6.66%
Number of hourly rates quoted 75 29 74
Average hourly rate £17.50 £15.38 £19.00
Average hourly rate % change year-on-year
+13.82% -19.07%
90% offered a hourly rate of more than £11.28 £11.00 £10.43
10% offered a hourly rate of more than £45.00 £30.05 £40.50
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

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