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 average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 4 September 2015 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
4 Sep 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 147 139 109
Rank change year-on-year
-8 -30
Contract jobs citing FATCA 1 4 1
As % of all contract IT jobs located in the South West 0.030% 0.12% 0.045%
As % of the Quality Assurance & Compliance category 0.35% 1.12% 0.69%
Number of daily rates quoted 1 4 1
Average daily rate
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£638 £550 £650
Average daily rate % change year-on-year
+15.90% -15.38%
UK excluding London average daily rate £390 £550 £600
% change year-on-year
-29.09% -8.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
287 356 145
As % of all contract IT jobs located in the South West 8.62% 10.96% 6.58%
Number of daily rates quoted 182 242 78
Average daily rate £420 £425 £420
Average daily rate % change year-on-year
-1.17% +1.19%
90% offered a daily rate of more than £287 £220 £275
10% offered a daily rate of more than £519 £550 £503
UK excluding London average daily rate £400 £375 £353
% change year-on-year
+6.66% +6.38%
Number of hourly rates quoted 19 24 17
Average hourly rate £25.00 £25.50 £17.23
Average hourly rate % change year-on-year
-1.96% +48.04%
90% offered a hourly rate of more than £13.00 £17.70 £8.00
10% offered a hourly rate of more than £43.80 £43.00 £24.85
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

FATCA
Jobs Demand Trend in the South West

This chart provides a 3-month moving total of IT contractor jobs citing FATCA across the South West region as a proportion of the total demand within 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

FATCA
Contract Job Locations in the South West

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FATCA within the South West region over the 3 months to 4 September 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Wiltshire +2 1 £638 +15.90%
FATCA
England

FATCA
Top 15 Related IT Skills in the South West

For the 6 months to 4 September 2015, IT contractor jobs across the South West region citing FATCA also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited FATCA.

1 7 (100.00%) Finance
2 5 (71.43%) CIMA
2 5 (71.43%) GAP Analysis
2 5 (71.43%) ACCA
2 5 (71.43%) Sarbanes-Oxley
2 5 (71.43%) Business Analysis
2 5 (71.43%) Requirements Analysis
2 5 (71.43%) COREP
2 5 (71.43%) FINREP
3 4 (57.14%) Data Modelling
4 2 (28.57%) Banking
5 1 (14.29%) Retail
5 1 (14.29%) Information Management
5 1 (14.29%) Stakeholder Management
5 1 (14.29%) SQL

FATCA
Top Related IT Skills in the South West by Category

For the 6 months to 4 September 2015, IT contractor jobs across the South West region citing FATCA also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited FATCA. Up to 20 skills are shown per category.

General
1 7 (100.00%) Finance
2 2 (28.57%) Banking
3 1 (14.29%) Retail
Job Titles
1 6 (85.71%) Business Analyst
1 6 (85.71%) Analyst
2 5 (71.43%) Senior Business Analyst
2 5 (71.43%) Senior Analyst
3 1 (14.29%) Lead Project Manager
3 1 (14.29%) Project Manager
Processes & Methodologies
1 5 (71.43%) GAP Analysis
1 5 (71.43%) Business Analysis
1 5 (71.43%) Requirements Analysis
2 4 (57.14%) Data Modelling
3 1 (14.29%) Stakeholder Management
3 1 (14.29%) Information Management
Programming Languages
1 1 (14.29%) SQL
Qualifications
1 5 (71.43%) ACCA
1 5 (71.43%) CIMA
Quality Assurance & Compliance
1 5 (71.43%) Sarbanes-Oxley
1 5 (71.43%) COREP
1 5 (71.43%) FINREP