Period
to 17 August 2019

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 17 August 2019 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
17 Aug 2019
Same period 2018 Same period 2017
Rank - 260 238
Contract jobs citing FATCA 0 1 6
As % of all contract IT jobs advertised in the City of London - 0.014% 0.091%
As % of the Quality Assurance & Compliance category - 0.14% 0.62%
Number of daily rates quoted 0 1 6
City of London median daily rate - £425 £475
Median daily rate % change year-on-year - -10.53% +18.75%
Central London median daily rate - £425 £475
% change year-on-year - -10.53% +18.75%
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 558 730 965
As % of all contract IT jobs advertised in the City of London 8.58% 10.36% 14.60%
Number of daily rates quoted 417 551 731
City of London median daily rate £500 £475 £522
Median daily rate % change year-on-year +5.26% -9.00% +9.89%
10th Percentile £318 £304 £313
90th Percentile £675 £675 £688
Central London median daily rate £500 £475 £500
% change year-on-year +5.26% -5.00% +5.82%
Number of hourly rates quoted 7 10 12
City of London median hourly rate £17.66 £17.03 £15.00
Median hourly rate % change year-on-year +3.73% +13.50% -31.82%
10th Percentile £11.25 £13.85 £12.94
90th Percentile £95.70 £45.13 £26.63
Central London median hourly rate £18.58 £18.50 £15.00
% change year-on-year +0.43% +23.33% -31.82%

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