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 28 May 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
28 May 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank - 131 143
Contract jobs citing FATCA 0 6 4
As % of all contract IT jobs located in the South West - 0.20% 0.14%
As % of the Quality Assurance & Compliance category - 1.97% 1.12%
Number of daily rates quoted 0 6 4
Median daily rate - £538 £450
Median daily rate % change year-on-year
- +19.43%
UK excluding London median daily rate £500 £400 £400
% change year-on-year
+25.00% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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 West region.

Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
306 305 357
As % of all contract IT jobs located in the South West 10.29% 9.93% 12.06%
Number of daily rates quoted 182 204 228
Median daily rate £400 £398 £393
Median daily rate % change year-on-year
+0.62% +1.14%
90% offered a daily rate of more than £275 £220 £275
10% offered a daily rate of more than £600 £600 £550
UK excluding London median daily rate £400 £375 £364
% change year-on-year
+6.66% +3.09%
Number of hourly rates quoted 27 15 33
Median hourly rate £42.50 £42.50 £27.50
Median hourly rate % change year-on-year
- +54.54%
90% offered a hourly rate of more than £29.70 £16.87 £15.00
10% offered a hourly rate of more than £51.30 £45.00 £41.75
UK excluding London median hourly rate £28.25 £22.75 £21.00
% change year-on-year
+24.17% +8.33%

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