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 3 December 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
3 Dec 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank - 149 151
Contract jobs citing FATCA 0 3 4
As % of all contract IT jobs located in the South West - 0.094% 0.12%
As % of the Quality Assurance & Compliance category - 0.73% 1.00%
Number of daily rates quoted 0 3 4
Median daily rate - £475 £520
Median daily rate % change year-on-year
- -8.69%
UK excluding London median daily rate £450 £475 £520
% change year-on-year
-5.26% -8.69%
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
301 412 399
As % of all contract IT jobs located in the South West 11.11% 12.92% 11.91%
Number of daily rates quoted 226 301 287
Median daily rate £400 £390 £416
Median daily rate % change year-on-year
+2.56% -6.25%
90% offered a daily rate of more than £260 £250 £192
10% offered a daily rate of more than £560 £539 £550
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 21 19 14
Median hourly rate £37.50 £42.50 £44.50
Median hourly rate % change year-on-year
-11.76% -4.49%
90% offered a hourly rate of more than £8.50 £32.60 £19.30
10% offered a hourly rate of more than £57.50 £60.40 £62.50
UK excluding London median hourly rate £22.50 £25.00 £22.50
% change year-on-year
-10.00% +11.11%

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