The following table provides summary statistics for contract job vacancies advertised in Scotland with a requirement for FATCA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FATCA over the 3 months to 29 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.

Foreign Account Tax Compliance Act (FATCA)
UK / Scotland
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 105 133 119
Rank change year-on-year +28 -14  
Contract jobs citing FATCA 1 1 6
As % of all contract IT jobs advertised in Scotland 0.057% 0.039% 0.21%
As % of the Quality Assurance & Compliance category 0.49% 0.28% 1.65%
Number of daily rates quoted 1 1 4
Median daily rate £170 £400 £371
Median daily rate % change year-on-year -57.50% +7.81%  
UK excluding London median daily rate £450 £338 £400
% change year-on-year +33.33% -15.62%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

FATCA is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Scotland with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
Scotland
Contract job vacancies with a requirement for quality assurance and compliance skills 203 353 363
As % of all contract IT job vacancies advertised in Scotland 11.54% 13.62% 12.50%
Number of daily rates quoted 121 184 219
Median daily rate £350 £375 £375
Median daily rate % change year-on-year -6.66% -  
90% offered a daily rate of more than £195 £185 £211
10% offered a daily rate of more than £450 £500 £500
UK excluding London median daily rate £400 £400 £380
% change year-on-year - +5.26%  
Number of hourly rates quoted 2 4 6
Median hourly rate £22.75 £13.50 £33.75
Median hourly rate % change year-on-year +68.51% -60.00%  
90% offered a hourly rate of more than £22.55 £9.18 £20.08
10% offered a hourly rate of more than £22.95 £22.00 £47.50
UK excluding London median hourly rate £20.00 £40.00 £29.00
% change year-on-year -50.00% +37.93%  

FATCA
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland citing FATCA as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for FATCA in Scotland

FATCA
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for FATCA in Scotland

FATCA
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FATCA within the Scotland region over the 3 months to 29 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Glasgow - 1 £170 -
FATCA
UK

For the 6 months to 29 March 2017, IT contractor jobs citing FATCA also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Scotland region with a requirement for FATCA.

1 3 (100.00%) Banking
2 2 (66.67%) Project Management
2 2 (66.67%) Data Analysis
2 2 (66.67%) Business Analysis
2 2 (66.67%) Stakeholder Management
2 2 (66.67%) Degree
2 2 (66.67%) Wealth Management
2 2 (66.67%) Matrix Management
2 2 (66.67%) Analytical Skills
2 2 (66.67%) Matrix Organization
2 2 (66.67%) Business Process Modelling
3 1 (33.33%) SDLC
3 1 (33.33%) Translating Business Requirements
3 1 (33.33%) KYC
3 1 (33.33%) Anti-Money Laundering
3 1 (33.33%) User Acceptance Testing
3 1 (33.33%) Investment Management
3 1 (33.33%) Continuous Improvement
3 1 (33.33%) Back Office
3 1 (33.33%) Finance
3 1 (33.33%) Investment Banking
3 1 (33.33%) Basel II
3 1 (33.33%) Asset Management

FATCA
Co-occurring IT Skills in Scotland 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 3 (100.00%) Banking
2 1 (33.33%) Back Office
2 1 (33.33%) Finance
2 1 (33.33%) Investment Banking
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
1 2 (66.67%) Project Manager
2 1 (33.33%) Banking Business Analyst
2 1 (33.33%) Banking Project Manager
2 1 (33.33%) Business Manager
2 1 (33.33%) Business Project Manager
2 1 (33.33%) Data Analyst
2 1 (33.33%) Project Analyst
2 1 (33.33%) Senior Banking Business Analyst
2 1 (33.33%) Senior Business Analyst
2 1 (33.33%) Senior Manager
2 1 (33.33%) Senior Project Manager
Miscellaneous
1 2 (66.67%) Analytical Skills
Processes & Methodologies
1 2 (66.67%) Business Analysis
1 2 (66.67%) Business Process Modelling
1 2 (66.67%) Data Analysis
1 2 (66.67%) Matrix Management
1 2 (66.67%) Matrix Organization
1 2 (66.67%) Project Management
1 2 (66.67%) Stakeholder Management
1 2 (66.67%) Wealth Management
2 1 (33.33%) Anti-Money Laundering
2 1 (33.33%) Asset Management
2 1 (33.33%) Continuous Improvement
2 1 (33.33%) Investment Management
2 1 (33.33%) KYC
2 1 (33.33%) SDLC
2 1 (33.33%) Translating Business Requirements
2 1 (33.33%) User Acceptance Testing
Qualifications
1 2 (66.67%) Degree
Quality Assurance & Compliance
1 1 (33.33%) Basel II
Edinburgh, Midlothian
Hydrogen Group
Rate: £400.00 - £500.00 per day
Posted: Yesterday
Edinburgh, Midlothian
Hydrogen Group
Rate: £400.00 - £500.00 per day
Posted: 5 days ago