Period
to 14 November 2018

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for FATCA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FATCA over the 6 months to 14 November 2018 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Foreign Account Tax Compliance Act (FATCA)
Central London > City of London
6 months to
14 Nov 2018
Same period 2017 Same period 2016
Rank 252 249 236
Rank change year-on-year -3 -13 +34
Contract jobs citing FATCA 1 3 7
As % of all contract IT jobs advertised in the City of London 0.014% 0.042% 0.10%
As % of the Quality Assurance & Compliance category 0.16% 0.32% 0.87%
Number of daily rates quoted 1 3 5
City of London median daily rate £425 £355 £490
Median daily rate % change year-on-year +19.72% -27.55% -5.77%
10th Percentile £413 £341 £359
90th Percentile £438 £463 £543
Central London median daily rate £425 £355 £490
% change year-on-year +19.72% -27.55% -5.77%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

FATCA is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Contract vacancies with a requirement for quality assurance or compliance skills 645 938 803
As % of all contract IT jobs advertised in the City of London 9.13% 13.13% 12.01%
Number of daily rates quoted 502 743 642
City of London median daily rate £475 £500 £475
Median daily rate % change year-on-year -5.00% +5.26% +5.56%
10th Percentile £275 £313 £313
90th Percentile £674 £675 £675
Central London median daily rate £475 £475 £475
Number of hourly rates quoted 12 14 5
City of London median hourly rate £19.00 £15.00 £46.50
Median hourly rate % change year-on-year +26.67% -67.74% +132.79%
10th Percentile £14.00 £15.00 £17.60
90th Percentile £27.25 £25.38 £135.55
Central London median hourly rate £19.00 £15.00 £46.50
% change year-on-year +26.67% -67.74% +118.82%

FATCA
Job Vacancy Trend in the City of London

Job postings citing FATCA as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for FATCA in the City of London

FATCA
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing FATCA in the City of London.

Contractor daily rate trend for FATCA in the City of London

For the 6 months to 14 November 2018, IT contractor jobs citing FATCA also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for FATCA.

1 1 (100.00%) PRINCE2
1 1 (100.00%) Six Sigma
1 1 (100.00%) BPR
1 1 (100.00%) Workflow
1 1 (100.00%) Finance
1 1 (100.00%) Legal
1 1 (100.00%) Stakeholder Management
1 1 (100.00%) Scrum
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Asset Management
1 1 (100.00%) Artificial Intelligence
1 1 (100.00%) MiFID
1 1 (100.00%) Robotics
1 1 (100.00%) Lean Six Sigma
1 1 (100.00%) Six Sigma Black Belt
1 1 (100.00%) Six Sigma Green Belt
1 1 (100.00%) Waterfall
1 1 (100.00%) Continuous Improvement
1 1 (100.00%) Process Improvement
1 1 (100.00%) EMIR
1 1 (100.00%) Dodd-Frank
1 1 (100.00%) Line Management
1 1 (100.00%) Robotic Process Automation

FATCA
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 1 (100.00%) Finance
1 1 (100.00%) Legal
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Business Analyst
1 1 (100.00%) Process Analyst
Miscellaneous
1 1 (100.00%) Robotics
Processes & Methodologies
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Artificial Intelligence
1 1 (100.00%) Asset Management
1 1 (100.00%) BPR
1 1 (100.00%) Continuous Improvement
1 1 (100.00%) Lean Six Sigma
1 1 (100.00%) Line Management
1 1 (100.00%) PRINCE2
1 1 (100.00%) Process Improvement
1 1 (100.00%) Robotic Process Automation
1 1 (100.00%) Scrum
1 1 (100.00%) Six Sigma
1 1 (100.00%) Stakeholder Management
1 1 (100.00%) Waterfall
1 1 (100.00%) Workflow
Qualifications
1 1 (100.00%) Six Sigma Black Belt
1 1 (100.00%) Six Sigma Green Belt
Quality Assurance & Compliance
1 1 (100.00%) Dodd-Frank
1 1 (100.00%) EMIR
1 1 (100.00%) MiFID