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 23 February 2017 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
23 Feb 2017
Same period 2016 Same period 2015
Foreign Account Tax Compliance Act (FATCA)
England / South West
Rank - - 139
Contract jobs citing FATCA 0 0 6
As % of all contract IT jobs located in the South West - - 0.19%
As % of the Quality Assurance & Compliance category - - 1.62%
Number of daily rates quoted 0 0 6
Median daily rate - - £538
UK excluding London median daily rate £360 £325 £513
% change year-on-year
+10.76% -36.61%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
300 388 371
As % of all contract IT jobs located in the South West 11.12% 12.95% 11.62%
Number of daily rates quoted 201 253 240
Median daily rate £400 £395 £450
Median daily rate % change year-on-year
+1.26% -12.22%
90% offered a daily rate of more than £230 £250 £260
10% offered a daily rate of more than £509 £500 £673
UK excluding London median daily rate £420 £400 £395
% change year-on-year
+5.00% +1.26%
Number of hourly rates quoted 25 32 21
Median hourly rate £37.50 £42.00 £35.00
Median hourly rate % change year-on-year
-10.71% +20.00%
90% offered a hourly rate of more than £11.00 £19.80 £12.08
10% offered a hourly rate of more than £54.00 £50.00 £44.50
UK excluding London median hourly rate £20.00 £43.25 £23.75
% change year-on-year
-53.75% +82.10%

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