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 29 August 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
29 Aug 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank - 145 140
Contract jobs citing FATCA 0 1 5
As % of all contract IT jobs located in the South West - 0.030% 0.16%
As % of the Quality Assurance & Compliance category - 0.31% 1.17%
Number of daily rates quoted 0 1 5
Median daily rate - £638 £550
Median daily rate % change year-on-year
- +15.90%
UK excluding London median daily rate £400 £400 £550
% change year-on-year
- -27.27%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
308 325 428
As % of all contract IT jobs located in the South West 10.69% 9.90% 13.39%
Number of daily rates quoted 213 217 292
Median daily rate £390 £420 £440
Median daily rate % change year-on-year
-7.14% -4.54%
90% offered a daily rate of more than £225 £275 £300
10% offered a daily rate of more than £525 £525 £550
UK excluding London median daily rate £400 £409 £380
% change year-on-year
-2.14% +7.56%
Number of hourly rates quoted 15 16 29
Median hourly rate £33.50 £22.50 £25.50
Median hourly rate % change year-on-year
+48.88% -11.76%
90% offered a hourly rate of more than £26.89 £13.00 £16.35
10% offered a hourly rate of more than £54.00 £67.00 £43.00
UK excluding London median hourly rate £28.00 £24.00 £19.75
% change year-on-year
+16.66% +21.51%

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