Period
to 13 December 2018

The following table provides summary statistics for contract job vacancies advertised in Edinburgh with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 13 December 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.

International Financial Reporting Standards (IFRS)
Scotland > Edinburgh
6 months to
13 Dec 2018
Same period 2017 Same period 2016
Rank 128 135 106
Rank change year-on-year +7 -29 +26
Contract jobs citing IFRS 12 1 13
As % of all contract IT jobs advertised in Edinburgh 0.42% 0.034% 0.65%
As % of the Quality Assurance & Compliance category 3.59% 0.22% 4.87%
Number of daily rates quoted 8 1 7
Edinburgh median daily rate £355 £625 £425
Median daily rate % change year-on-year -43.20% +47.06% -5.56%
10th Percentile £335 £588 £363
90th Percentile £459 £663 £593
Scotland median daily rate £413 £625 £425
% change year-on-year -34.00% +47.06% -5.56%
Number of hourly rates quoted 0 0 0
Edinburgh median hourly rate - - -
Scotland median hourly rate - - -

IFRS 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 Edinburgh with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
Edinburgh
Contract vacancies with a requirement for quality assurance or compliance skills 334 448 267
As % of all contract IT jobs advertised in Edinburgh 11.73% 15.31% 13.42%
Number of daily rates quoted 171 277 144
Edinburgh median daily rate £400 £400 £400
10th Percentile £206 £206 £155
90th Percentile £550 £568 £546
Scotland median daily rate £375 £375 £375
Number of hourly rates quoted 3 2 2
Edinburgh median hourly rate £17.00 £23.75 £27.75
Median hourly rate % change year-on-year -28.42% -14.41% -14.42%
10th Percentile £12.30 £13.63 £21.18
90th Percentile £31.50 £32.88 £38.73
Scotland median hourly rate £17.75 £18.63 £25.00
% change year-on-year -4.70% -25.50% -23.08%

IFRS
Job Vacancy Trend in Edinburgh

Job postings citing IFRS as a percentage of all IT jobs advertised in Edinburgh.

Job vacancy trend for IFRS in Edinburgh

IFRS
Contractor Daily Rate Trend in Edinburgh

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IFRS in Edinburgh.

Contractor daily rate trend for IFRS in Edinburgh

IFRS
Contractor Daily Rate Histogram in Edinburgh

The daily rate distribution of IT jobs citing IFRS in Edinburgh over the 6 months to 13 December 2018.

Contractor daily rate histogram for IFRS in Edinburgh

For the 6 months to 13 December 2018, IT contractor jobs citing IFRS 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 Edinburgh region with a requirement for IFRS.

1 10 (83.33%) Finance
2 9 (75.00%) Banking
3 7 (58.33%) IFRS 9
4 6 (50.00%) SAS
5 5 (41.67%) Stakeholder Management
6 4 (33.33%) SQL
6 4 (33.33%) Risk Management
7 3 (25.00%) Project Management
7 3 (25.00%) Problem-Solving
8 2 (16.67%) Programme Delivery
8 2 (16.67%) Analytical Skills
8 2 (16.67%) QA
8 2 (16.67%) Credit Risk
8 2 (16.67%) Continuous Improvement
8 2 (16.67%) BusinessObjects
8 2 (16.67%) VBA
8 2 (16.67%) Microsoft Excel
9 1 (8.33%) Financial Institution
9 1 (8.33%) Economics
9 1 (8.33%) Statistics
9 1 (8.33%) Operations Research
9 1 (8.33%) Project Planning
9 1 (8.33%) Degree
9 1 (8.33%) Resource Management
9 1 (8.33%) Mathematics
9 1 (8.33%) ETL
9 1 (8.33%) C
9 1 (8.33%) C++
9 1 (8.33%) Java
9 1 (8.33%) Postgraduate

IFRS
Co-occurring IT Skills in Edinburgh 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:

Application Platforms
1 6 (50.00%) SAS
Applications
1 2 (16.67%) Microsoft Excel
2 1 (8.33%) EViews
2 1 (8.33%) SPSS
Database & Business Intelligence
1 2 (16.67%) BusinessObjects
General
1 10 (83.33%) Finance
2 9 (75.00%) Banking
3 1 (8.33%) Financial Institution
Job Titles
1 4 (33.33%) Analyst
2 3 (25.00%) Developer
2 3 (25.00%) Project Manager
3 2 (16.67%) Business Analyst
3 2 (16.67%) IT Manager
3 2 (16.67%) IT Project Manager
3 2 (16.67%) Lead Developer
4 1 (8.33%) Credit Risk Manager
4 1 (8.33%) Finance Manager
4 1 (8.33%) Finance Project Manager
4 1 (8.33%) Financial Analyst
4 1 (8.33%) Monitoring Analyst
4 1 (8.33%) Programme Manager
4 1 (8.33%) Regulatory Business Analyst
4 1 (8.33%) Report Analyst
4 1 (8.33%) Report Manager
4 1 (8.33%) Risk Manager
4 1 (8.33%) SAS Developer
Libraries, Frameworks & Software Standards
1 1 (8.33%) Flash
Miscellaneous
1 2 (16.67%) Analytical Skills
1 2 (16.67%) Credit Risk
2 1 (8.33%) Foreign Exchange (FX)
2 1 (8.33%) Virtual Team
Processes & Methodologies
1 5 (41.67%) Stakeholder Management
2 4 (33.33%) Risk Management
3 3 (25.00%) Problem-Solving
3 3 (25.00%) Project Management
4 2 (16.67%) Continuous Improvement
4 2 (16.67%) Programme Delivery
5 1 (8.33%) Analytics
5 1 (8.33%) Decision-Making
5 1 (8.33%) Mathematics
5 1 (8.33%) Operations Research
5 1 (8.33%) Project Planning
5 1 (8.33%) Quantitative Analysis
5 1 (8.33%) Resource Management
5 1 (8.33%) Stakeholder Engagement
5 1 (8.33%) Statistics
5 1 (8.33%) Technical Leadership
5 1 (8.33%) Time Management
5 1 (8.33%) Unit Testing
5 1 (8.33%) User Acceptance Testing
5 1 (8.33%) Validation
Programming Languages
1 4 (33.33%) SQL
2 2 (16.67%) VBA
3 1 (8.33%) C
3 1 (8.33%) C++
3 1 (8.33%) Java
3 1 (8.33%) MATLAB
3 1 (8.33%) R
Qualifications
1 1 (8.33%) Degree
1 1 (8.33%) Postgraduate
Quality Assurance & Compliance
1 7 (58.33%) IFRS 9
2 2 (16.67%) QA
3 1 (8.33%) Basel II
3 1 (8.33%) Basel III
3 1 (8.33%) FINREP
3 1 (8.33%) FRS 29
Vendors
1 1 (8.33%) Teradata