Period
to 10 December 2018

The following table provides summary statistics for contract job vacancies advertised in Scotland 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 10 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)
UK > Scotland
6 months to
10 Dec 2018
Same period 2017 Same period 2016
Rank 185 184 168
Rank change year-on-year -1 -16 +28
Contract jobs citing IFRS 17 1 13
As % of all contract IT jobs advertised in Scotland 0.33% 0.020% 0.31%
As % of the Quality Assurance & Compliance category 2.58% 0.13% 2.56%
Number of daily rates quoted 12 1 7
Scotland median daily rate £413 £625 £425
Median daily rate % change year-on-year -34.00% +47.06% -5.56%
10th Percentile £346 £588 £363
90th Percentile £600 £663 £593
UK median daily rate £575 £538 £485
% change year-on-year +6.98% +10.82% +2.11%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - £40.00 £38.00
% change year-on-year - +5.26% -

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 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 660 741 508
As % of all contract IT jobs advertised in Scotland 12.63% 14.98% 12.21%
Number of daily rates quoted 358 430 287
Scotland median daily rate £375 £375 £375
10th Percentile £200 £173 £147
90th Percentile £538 £538 £497
UK median daily rate £450 £438 £425
% change year-on-year +2.86% +2.94% +4.94%
Number of hourly rates quoted 19 28 23
Scotland median hourly rate £17.75 £18.63 £25.00
Median hourly rate % change year-on-year -4.70% -25.50% -23.08%
10th Percentile £11.71 £13.00 £16.25
90th Percentile £34.40 £38.15 £40.50
UK median hourly rate £20.00 £20.00 £22.67
% change year-on-year - -11.77% +0.74%

IFRS
Job Vacancy Trend in Scotland

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

Job vacancy trend for IFRS in Scotland

IFRS
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for IFRS in Scotland

IFRS
Contractor Daily Rate Histogram in Scotland

The daily rate distribution of IT jobs citing IFRS in Scotland over the 6 months to 10 December 2018.

Contractor daily rate histogram for IFRS in Scotland

IFRS
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 within the Scotland region over the 6 months to 10 December 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 +12 12 £355 -43.20%
IFRS
UK

For the 6 months to 10 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 Scotland region with a requirement for IFRS.

1 15 (88.24%) Finance
2 9 (52.94%) Banking
3 7 (41.18%) IFRS 9
4 6 (35.29%) SAS
5 5 (29.41%) Stakeholder Management
6 4 (23.53%) SQL
6 4 (23.53%) Risk Management
7 3 (17.65%) Problem-Solving
7 3 (17.65%) Project Management
8 2 (11.76%) VBA
8 2 (11.76%) Microsoft Excel
8 2 (11.76%) BusinessObjects
8 2 (11.76%) QA
8 2 (11.76%) Credit Risk
8 2 (11.76%) Programme Delivery
8 2 (11.76%) Continuous Improvement
8 2 (11.76%) Analytical Skills
9 1 (5.88%) Virtual Team Management
9 1 (5.88%) Virtual Team
9 1 (5.88%) Remediation Plan
9 1 (5.88%) FRS 29
9 1 (5.88%) Analytics
9 1 (5.88%) EViews
9 1 (5.88%) FINREP
9 1 (5.88%) IDoc
9 1 (5.88%) Decision-Making
9 1 (5.88%) User Acceptance Testing
9 1 (5.88%) Unit Testing
9 1 (5.88%) Time Management
9 1 (5.88%) Stakeholder Engagement

IFRS
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:

Application Platforms
1 6 (35.29%) SAS
Applications
1 2 (11.76%) Microsoft Excel
2 1 (5.88%) EViews
2 1 (5.88%) SPSS
Database & Business Intelligence
1 2 (11.76%) BusinessObjects
General
1 15 (88.24%) Finance
2 9 (52.94%) Banking
3 1 (5.88%) Financial Institution
3 1 (5.88%) Legal
Job Titles
1 8 (47.06%) Developer
2 4 (23.53%) Analyst
2 4 (23.53%) Prophet Developer
3 3 (17.65%) Project Manager
4 2 (11.76%) Business Analyst
4 2 (11.76%) IT Manager
4 2 (11.76%) IT Project Manager
4 2 (11.76%) Lead Developer
5 1 (5.88%) ABAP Developer
5 1 (5.88%) Credit Risk Manager
5 1 (5.88%) Finance Manager
5 1 (5.88%) Finance Project Manager
5 1 (5.88%) Financial Analyst
5 1 (5.88%) Monitoring Analyst
5 1 (5.88%) Regulatory Business Analyst
5 1 (5.88%) Report Analyst
5 1 (5.88%) Report Manager
5 1 (5.88%) Risk Manager
5 1 (5.88%) SAP Developer
5 1 (5.88%) SAS Developer
Libraries, Frameworks & Software Standards
1 1 (5.88%) BAPI
1 1 (5.88%) Flash
1 1 (5.88%) IDoc
1 1 (5.88%) SAP Smart Forms
1 1 (5.88%) Web Services
Miscellaneous
1 2 (11.76%) Analytical Skills
1 2 (11.76%) Credit Risk
2 1 (5.88%) Foreign Exchange (FX)
2 1 (5.88%) Virtual Team
Processes & Methodologies
1 5 (29.41%) Stakeholder Management
2 4 (23.53%) Risk Management
3 3 (17.65%) Problem-Solving
3 3 (17.65%) Project Management
4 2 (11.76%) Continuous Improvement
4 2 (11.76%) Programme Delivery
5 1 (5.88%) Analytics
5 1 (5.88%) Decision-Making
5 1 (5.88%) Economics
5 1 (5.88%) Mathematics
5 1 (5.88%) Operations Research
5 1 (5.88%) Project Planning
5 1 (5.88%) Quantitative Analysis
5 1 (5.88%) Remediation Plan
5 1 (5.88%) Resource Management
5 1 (5.88%) Statistics
5 1 (5.88%) Technical Leadership
5 1 (5.88%) User Acceptance Testing
5 1 (5.88%) Validation
5 1 (5.88%) Virtual Team Management
Programming Languages
1 4 (23.53%) SQL
2 2 (11.76%) VBA
3 1 (5.88%) ABAP
3 1 (5.88%) C
3 1 (5.88%) C++
3 1 (5.88%) Java
3 1 (5.88%) MATLAB
3 1 (5.88%) R
Qualifications
1 1 (5.88%) Degree
1 1 (5.88%) Postgraduate
Quality Assurance & Compliance
1 7 (41.18%) IFRS 9
2 2 (11.76%) QA
3 1 (5.88%) Basel II
3 1 (5.88%) Basel III
3 1 (5.88%) FINREP
3 1 (5.88%) FRS 29
Vendors
1 1 (5.88%) Adobe
1 1 (5.88%) SAP
1 1 (5.88%) Teradata