Period
to 18 July 2018

The following table provides summary statistics for contract job vacancies advertised in Scotland with a requirement for IFRS 9 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS 9 over the 6 months to 18 July 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.

IFRS 9 Financial Instruments
UK > Scotland
6 months to
18 Jul 2018
Same period 2017 Same period 2016
Rank 202 161 201
Rank change year-on-year -41 +40 -4
Contract jobs citing IFRS 9 3 3 10
As % of all contract IT jobs advertised in Scotland 0.054% 0.072% 0.18%
As % of the Quality Assurance & Compliance category 0.39% 0.58% 1.23%
Number of daily rates quoted 0 3 8
Scotland median daily rate - £500 £450
Median daily rate % change year-on-year - +11.11% -13.46%
UK median daily rate £525 £475 £495
% change year-on-year +10.53% -4.04% -5.71%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - - -

IFRS 9 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 774 521 811
As % of all contract IT jobs advertised in Scotland 13.90% 12.45% 14.68%
Number of daily rates quoted 466 294 439
Scotland median daily rate £375 £350 £350
Median daily rate % change year-on-year +7.14% - -2.78%
10th Percentile £181 £147 £162
90th Percentile £550 £494 £500
UK median daily rate £450 £438 £406
% change year-on-year +2.86% +7.73% +1.53%
Number of hourly rates quoted 27 14 9
Scotland median hourly rate £18.50 £19.88 £14.25
Median hourly rate % change year-on-year -6.92% +39.52% -56.17%
10th Percentile £10.73 £13.75 £9.64
90th Percentile £54.25 £43.38 £26.90
UK median hourly rate £22.50 £20.00 £22.50
% change year-on-year +12.50% -11.11% +4.53%

IFRS 9
Job Vacancy Trend in Scotland

Job postings citing IFRS 9 as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for IFRS 9 in Scotland

IFRS 9
Contractor Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IFRS 9 in Scotland.

Contractor daily rate trend for IFRS 9 in Scotland

IFRS 9
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 IFRS 9 within the Scotland region over the 6 months to 18 July 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 -27 3 - -
IFRS 9
UK

For the 6 months to 18 July 2018, IT contractor jobs citing IFRS 9 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 IFRS 9.

1 3 (100.00%) ACCA
1 3 (100.00%) Sarbanes-Oxley
1 3 (100.00%) Basel II
1 3 (100.00%) Finance
1 3 (100.00%) Degree
1 3 (100.00%) Credit Risk
1 3 (100.00%) Stress Testing
1 3 (100.00%) Analytics
1 3 (100.00%) IFRS

IFRS 9
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%) Finance
Job Titles
1 3 (100.00%) Business Analyst
1 3 (100.00%) Senior Business Analyst
Miscellaneous
1 3 (100.00%) Credit Risk
Processes & Methodologies
1 3 (100.00%) Analytics
1 3 (100.00%) Stress Testing
Qualifications
1 3 (100.00%) ACCA
1 3 (100.00%) Degree
Quality Assurance & Compliance
1 3 (100.00%) Basel II
1 3 (100.00%) IFRS
1 3 (100.00%) Sarbanes-Oxley