Period
to 22 October 2018

The following table provides summary statistics for contract job vacancies advertised in Scotland with a requirement for FRS 29 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FRS 29 over the 6 months to 22 October 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.

FRS 29 (IFRS 7) Financial In­stru­ments: Dis­clo­sures
UK > Scotland
6 months to
22 Oct 2018
Same period 2017 Same period 2016
Rank 203 - -
Rank change year-on-year - - -
Contract jobs citing FRS 29 1 0 0
As % of all contract IT jobs advertised in Scotland 0.019% - -
As % of the Quality Assurance & Compliance category 0.14% - -
Number of daily rates quoted 1 0 0
Scotland median daily rate £350 - -
UK median daily rate £350 - -
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - - -

FRS 29 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 Scotland with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
Scotland
Contract vacancies with a requirement for quality assurance or compliance skills 713 661 666
As % of all contract IT jobs advertised in Scotland 13.30% 13.75% 14.29%
Number of daily rates quoted 393 357 370
Scotland median daily rate £375 £375 £350
Median daily rate % change year-on-year - +7.14% +2.94%
10th Percentile £192 £153 £162
90th Percentile £538 £530 £488
UK median daily rate £450 £438 £415
% change year-on-year +2.86% +5.42% +3.75%
Number of hourly rates quoted 24 28 20
Scotland median hourly rate £17.38 £17.13 £25.00
Median hourly rate % change year-on-year +1.46% -31.50% -22.99%
10th Percentile £11.42 £13.00 £16.03
90th Percentile £35.00 £37.25 £40.70
UK median hourly rate £21.76 £20.00 £22.84
% change year-on-year +8.80% -12.42% +5.96%

FRS 29
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 FRS 29 within the Scotland region over the 6 months to 22 October 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Edinburgh - 1 £350 -
FRS 29
UK

For the 6 months to 22 October 2018, IT contractor jobs citing FRS 29 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 Scotland region with a requirement for FRS 29.

1 1 (100.00%) Flash
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Financial Institution
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Resource Management
1 1 (100.00%) Credit Risk
1 1 (100.00%) Continuous Improvement
1 1 (100.00%) FINREP
1 1 (100.00%) IFRS

FRS 29
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 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Financial Institution
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Financial Analyst
1 1 (100.00%) Report Analyst
Libraries, Frameworks & Software Standards
1 1 (100.00%) Flash
Miscellaneous
1 1 (100.00%) Credit Risk
1 1 (100.00%) Foreign Exchange (FX)
Processes & Methodologies
1 1 (100.00%) Continuous Improvement
1 1 (100.00%) Resource Management
Quality Assurance & Compliance
1 1 (100.00%) FINREP
1 1 (100.00%) IFRS