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 26 June 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
26 Jun 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank - 134 139
Contract jobs citing FATCA 0 7 5
As % of all contract IT jobs located in the South West - 0.22% 0.17%
As % of the Quality Assurance & Compliance category - 2.19% 1.23%
Number of daily rates quoted 0 7 5
Median daily rate - £550 £501
Median daily rate % change year-on-year
- +9.89%
UK excluding London median daily rate £500 £400 £413
% change year-on-year
+25.00% -3.03%
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
277 319 406
As % of all contract IT jobs located in the South West 9.38% 10.24% 13.46%
Number of daily rates quoted 174 222 271
Median daily rate £383 £400 £399
Median daily rate % change year-on-year
-4.37% +0.31%
90% offered a daily rate of more than £296 £225 £275
10% offered a daily rate of more than £600 £565 £550
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 18 13 35
Median hourly rate £40.00 £28.98 £31.50
Median hourly rate % change year-on-year
+38.03% -8.00%
90% offered a hourly rate of more than £32.90 £13.00 £14.25
10% offered a hourly rate of more than £52.80 £45.00 £42.50
UK excluding London median hourly rate £28.50 £22.50 £20.75
% change year-on-year
+26.66% +8.43%

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