The first table below looks at the demand 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 29 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the South West region.

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
29 Jul 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 136 - 135
Rank change year-on-year
- 0
Contract jobs citing FATCA 7 0 2
As % of all contract IT jobs located in the South West 0.23% - 0.065%
As % of the Quality Assurance & Compliance category 2.11% - 0.91%
Number of daily rates quoted 7 0 2
Average daily rate
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£526 - £463
90% offered a daily rate of more than £400 - £429
10% offered a daily rate of more than £550 - £497
UK excluding London average daily rate £501 £280 £338
% change year-on-year
+78.75% -17.03%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
331 178 220
As % of all contract IT jobs located in the South West 10.83% 8.36% 7.20%
Number of daily rates quoted 217 94 120
Average daily rate £425 £410 £401
Average daily rate % change year-on-year
+3.65% +2.37%
90% offered a daily rate of more than £299 £258 £200
10% offered a daily rate of more than £540 £494 £520
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 30 13 20
Average hourly rate £22.50 £17.23 £37.50
Average hourly rate % change year-on-year
+30.62% -54.06%
90% offered a hourly rate of more than £15.90 £11.55 £12.74
10% offered a hourly rate of more than £42.70 £21.75 £39.00
UK excluding London average hourly rate £20.50 £17.50 £19.00
% change year-on-year
+17.14% -7.89%
FATCA
England

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
Daily Rate Histogram in the South West

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the South West region over the 3 months to 29 July 2014.

FATCA Daily Rate Histogram in the South West

FATCA
Top 15 Related IT Skills in the South West

For the 6 months to 29 July 2014, 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 8 (100.00%) Finance
2 7 (87.50%) Business Analysis
2 7 (87.50%) Requirements Analysis
2 7 (87.50%) GAP Analysis
3 5 (62.50%) CIMA
3 5 (62.50%) ACCA
3 5 (62.50%) Sarbanes-Oxley
3 5 (62.50%) COREP
3 5 (62.50%) FINREP
4 3 (37.50%) Change Management
4 3 (37.50%) Banking
5 2 (25.00%) Retail
5 2 (25.00%) Business Transformation
5 2 (25.00%) Retail Banking
5 2 (25.00%) Stakeholder Management

FATCA
Top Related IT Skills in the South West by Category

For the 6 months to 29 July 2014, 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 8 (100.00%) Finance
2 3 (37.50%) Banking
3 2 (25.00%) Retail
3 2 (25.00%) Retail Banking
Job Titles
1 8 (100.00%) Business Analyst
1 8 (100.00%) Analyst
2 7 (87.50%) Senior Business Analyst
2 7 (87.50%) Senior Analyst
3 1 (12.50%) Banking Business Analyst
Processes & Methodologies
1 7 (87.50%) GAP Analysis
1 7 (87.50%) Business Analysis
1 7 (87.50%) Requirements Analysis
2 3 (37.50%) Change Management
3 2 (25.00%) Business Transformation
3 2 (25.00%) Stakeholder Management
Qualifications
1 5 (62.50%) ACCA
1 5 (62.50%) CIMA
Quality Assurance & Compliance
1 5 (62.50%) Sarbanes-Oxley
1 5 (62.50%) COREP
1 5 (62.50%) FINREP