The table below provides summary statistics for contract job vacancies advertised in Scotland with a requirement for knowledge and experience of FactSet products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FactSet over the 3 months to 25 March 2017 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within FactSet Research Systems, Inc.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
FactSet
UK / Scotland
Rank - 129 126
Contract jobs citing FactSet 0 1 1
As % of all contract IT jobs advertised in Scotland - 0.039% 0.035%
As % of the Vendors category - 0.095% 0.096%
Number of daily rates quoted 0 1 0
Median daily rate - £100 -
UK excluding London median daily rate - £100 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

FactSet is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in Scotland.

Contract Vendor Product & Service Skills
Scotland
Contract job vacancies with a requirement for skills associated with vendor products and/or services 761 1055 1042
As % of all contract IT job vacancies advertised in Scotland 43.36% 40.77% 36.51%
Number of daily rates quoted 418 582 552
Median daily rate £375 £388 £375
Median daily rate % change year-on-year -3.22% +3.33%  
90% offered a daily rate of more than £250 £243 £200
10% offered a daily rate of more than £500 £486 £500
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 23 16 35
Median hourly rate £30.00 £43.00 £16.00
Median hourly rate % change year-on-year -30.23% +168.75%  
90% offered a hourly rate of more than £11.64 £13.80 £12.64
10% offered a hourly rate of more than £52.17 £50.00 £43.50
UK excluding London median hourly rate £16.50 £19.50 £17.00
% change year-on-year -15.36% +14.67%  

FactSet
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland citing FactSet as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for FactSet in Scotland

FactSet
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for FactSet in Scotland