The table below looks at the statistics for FATCA skills in IT contracts advertised for the South West region. Included is a guide to the contractor rates offered in IT contracts that have cited FATCA over the 3 months to 1 October 2016 with a comparison to the same period over 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.

3 months to
1 Oct 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank - 151 137
Contract jobs citing FATCA 0 1 7
As % of all contract IT jobs located in the South West - 0.030% 0.21%
As % of the Quality Assurance & Compliance category - 0.30% 1.59%
Number of daily rates quoted 0 1 7
Median daily rate - £600 £550
Median daily rate % change year-on-year
- +9.09%
UK excluding London median daily rate £538 £423 £550
% change year-on-year
+27.06% -23.09%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £17.00 -
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 West region.

Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
302 334 440
As % of all contract IT jobs located in the South West 11.01% 10.09% 12.98%
Number of daily rates quoted 203 223 310
Median daily rate £391 £405 £430
Median daily rate % change year-on-year
-3.39% -5.81%
90% offered a daily rate of more than £230 £290 £225
10% offered a daily rate of more than £509 £525 £550
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 19 18 19
Median hourly rate £28.15 £30.00 £38.50
Median hourly rate % change year-on-year
-6.16% -22.07%
90% offered a hourly rate of more than £8.50 £22.50 £19.50
10% offered a hourly rate of more than £46.80 £45.00 £43.00
UK excluding London median hourly rate £32.00 £28.00 £20.50
% change year-on-year
+14.28% +36.58%

FATCA
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing FATCA as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

FATCA Jobs Demand Trend in the South West

FATCA
Daily Rate Trend in the South West

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

FATCA Daily Rate Trend in the South West