Period
to 20 October 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 20 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.

International Financial Reporting Standards (IFRS)
UK > Scotland
6 months to
20 Oct 2018
Same period 2017 Same period 2016
Rank 193 181 182
Rank change year-on-year -12 +1 +11
Contract jobs citing IFRS 11 2 14
As % of all contract IT jobs advertised in Scotland 0.21% 0.042% 0.29%
As % of the Quality Assurance & Compliance category 1.56% 0.30% 2.04%
Number of daily rates quoted 9 2 8
Scotland median daily rate £360 £485 £463
Median daily rate % change year-on-year -25.77% +4.86% +7.25%
10th Percentile £339 £367 £363
90th Percentile £550 £631 £623
UK median daily rate £550 £500 £480
% change year-on-year +10.00% +4.17% +6.67%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - £40.00 -

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 706 659 687
As % of all contract IT jobs advertised in Scotland 13.26% 13.71% 14.39%
Number of daily rates quoted 390 355 382
Scotland median daily rate £375 £375 £350
Median daily rate % change year-on-year - +7.14% +2.34%
10th Percentile £199 £152 £170
90th Percentile £538 £533 £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 21
Scotland median hourly rate £17.38 £17.13 £25.00
Median hourly rate % change year-on-year +1.46% -31.50% -22.90%
10th Percentile £11.42 £13.00 £16.25
90th Percentile £35.00 £37.25 £40.50
UK median hourly rate £21.76 £20.00 £22.67
% change year-on-year +8.80% -11.77% +5.19%

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 20 October 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 20 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 9 £355 -26.80%
IFRS
UK

For the 6 months to 20 October 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 10 (90.91%) Finance
2 6 (54.55%) SAS
2 6 (54.55%) Banking
3 5 (45.45%) IFRS 9
4 4 (36.36%) SQL
5 3 (27.27%) Stakeholder Management
5 3 (27.27%) Risk Management
6 2 (18.18%) Problem-Solving
6 2 (18.18%) Analytical Skills
6 2 (18.18%) Credit Risk
6 2 (18.18%) Continuous Improvement
6 2 (18.18%) Project Management
6 2 (18.18%) VBA
6 2 (18.18%) Microsoft Excel
6 2 (18.18%) BusinessObjects
7 1 (9.09%) Foreign Exchange (FX)
7 1 (9.09%) SPSS
7 1 (9.09%) MATLAB
7 1 (9.09%) ETL
7 1 (9.09%) Business Intelligence
7 1 (9.09%) Adobe
7 1 (9.09%) SAP
7 1 (9.09%) Web Services
7 1 (9.09%) Postgraduate
7 1 (9.09%) Flash
7 1 (9.09%) ABAP
7 1 (9.09%) C
7 1 (9.09%) C++
7 1 (9.09%) Java
7 1 (9.09%) Financial Institution

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 (54.55%) SAS
Applications
1 2 (18.18%) Microsoft Excel
2 1 (9.09%) EViews
2 1 (9.09%) SPSS
Database & Business Intelligence
1 2 (18.18%) BusinessObjects
General
1 10 (90.91%) Finance
2 6 (54.55%) Banking
3 1 (9.09%) Financial Institution
3 1 (9.09%) Legal
Job Titles
1 5 (45.45%) Developer
2 3 (27.27%) Analyst
3 2 (18.18%) Lead Developer
3 2 (18.18%) Project Manager
4 1 (9.09%) ABAP Developer
4 1 (9.09%) Business Analyst
4 1 (9.09%) Credit Risk Manager
4 1 (9.09%) Finance Manager
4 1 (9.09%) Finance Project Manager
4 1 (9.09%) Financial Analyst
4 1 (9.09%) IT Manager
4 1 (9.09%) IT Project Manager
4 1 (9.09%) Monitoring Analyst
4 1 (9.09%) Prophet Developer
4 1 (9.09%) Report Analyst
4 1 (9.09%) Report Manager
4 1 (9.09%) Risk Manager
4 1 (9.09%) SAP Developer
4 1 (9.09%) SAS Developer
Libraries, Frameworks & Software Standards
1 1 (9.09%) BAPI
1 1 (9.09%) Flash
1 1 (9.09%) IDoc
1 1 (9.09%) SAP Smart Forms
1 1 (9.09%) Web Services
Miscellaneous
1 2 (18.18%) Analytical Skills
1 2 (18.18%) Credit Risk
2 1 (9.09%) Foreign Exchange (FX)
Processes & Methodologies
1 3 (27.27%) Risk Management
1 3 (27.27%) Stakeholder Management
2 2 (18.18%) Continuous Improvement
2 2 (18.18%) Problem-Solving
2 2 (18.18%) Project Management
3 1 (9.09%) Analytics
3 1 (9.09%) Economics
3 1 (9.09%) Mathematics
3 1 (9.09%) Operations Research
3 1 (9.09%) Programme Delivery
3 1 (9.09%) Project Planning
3 1 (9.09%) Quantitative Analysis
3 1 (9.09%) Remediation Plan
3 1 (9.09%) Resource Management
3 1 (9.09%) Stakeholder Engagement
3 1 (9.09%) Statistics
3 1 (9.09%) Time Management
3 1 (9.09%) Unit Testing
3 1 (9.09%) User Acceptance Testing
3 1 (9.09%) Validation
Programming Languages
1 4 (36.36%) SQL
2 2 (18.18%) VBA
3 1 (9.09%) ABAP
3 1 (9.09%) C
3 1 (9.09%) C++
3 1 (9.09%) Java
3 1 (9.09%) MATLAB
3 1 (9.09%) R
Qualifications
1 1 (9.09%) Degree
1 1 (9.09%) Postgraduate
Quality Assurance & Compliance
1 5 (45.45%) IFRS 9
2 1 (9.09%) FINREP
2 1 (9.09%) FRS 29
2 1 (9.09%) QA
Vendors
1 1 (9.09%) Adobe
1 1 (9.09%) SAP
1 1 (9.09%) Teradata