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 25 July 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
25 Jul 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank - 139 134
Contract jobs citing FATCA 0 5 7
As % of all contract IT jobs located in the South West - 0.16% 0.23%
As % of the Quality Assurance & Compliance category - 1.45% 1.76%
Number of daily rates quoted 0 5 7
Median daily rate - £550 £526
Median daily rate % change year-on-year
- +4.66%
UK excluding London median daily rate £525 £450 £501
% change year-on-year
+16.66% -10.08%
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
300 345 397
As % of all contract IT jobs located in the South West 9.86% 10.76% 13.33%
Number of daily rates quoted 201 234 268
Median daily rate £381 £400 £438
Median daily rate % change year-on-year
-4.75% -8.57%
90% offered a daily rate of more than £227 £225 £300
10% offered a daily rate of more than £600 £526 £526
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 12 14 30
Median hourly rate £36.50 £21.50 £22.50
Median hourly rate % change year-on-year
+69.76% -4.44%
90% offered a hourly rate of more than £25.30 £13.00 £15.00
10% offered a hourly rate of more than £54.00 £100.00 £43.00
UK excluding London median hourly rate £28.00 £22.50 £20.21
% change year-on-year
+24.44% +11.35%

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