Period
to 20 July 2018

The following table provides summary statistics for contract job vacancies advertised in Scotland with a requirement for PSD2 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited PSD2 over the 6 months to 20 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.

EU Revised Directive on Payment Services (PSD2)
UK > Scotland
6 months to
20 Jul 2018
Same period 2017 Same period 2016
Rank 194 168 -
Rank change year-on-year -26 - -
Contract jobs citing PSD2 19 2 0
As % of all contract IT jobs advertised in Scotland 0.34% 0.048% -
As % of the Quality Assurance & Compliance category 2.46% 0.39% -
Number of daily rates quoted 18 1 0
Scotland median daily rate £450 £375 -
Median daily rate % change year-on-year +20.00% - -
UK median daily rate £538 £575 £500
% change year-on-year -6.52% +15.00% -
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - - -

PSD2 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 772 517 812
As % of all contract IT jobs advertised in Scotland 13.76% 12.28% 14.73%
Number of daily rates quoted 464 290 439
Scotland median daily rate £375 £350 £350
Median daily rate % change year-on-year +7.14% - -2.78%
10th Percentile £179 £145 £163
90th Percentile £550 £497 £500
UK median daily rate £450 £440 £410
% change year-on-year +2.27% +7.32% +2.50%
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 £23.25 £20.00 £22.00
% change year-on-year +16.25% -9.09% +2.27%

PSD2
Job Vacancy Trend in Scotland

Job postings citing PSD2 as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for PSD2 in Scotland

PSD2
Contractor Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing PSD2 in Scotland.

Contractor daily rate trend for PSD2 in Scotland

PSD2
Contractor Daily Rate Histogram in Scotland

The daily rate distribution of IT jobs citing PSD2 in Scotland over the 6 months to 20 July 2018.

Contractor daily rate histogram for PSD2 in Scotland

PSD2
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 PSD2 within the Scotland region over the 6 months to 20 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
Glasgow -11 12 £438 - 1
Edinburgh -23 7 £450 +20.00% 1
PSD2
UK

For the 6 months to 20 July 2018, IT contractor jobs citing PSD2 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 PSD2.

1 16 (84.21%) Finance
2 11 (57.89%) Stakeholder Management
2 11 (57.89%) Agile Software Development
3 10 (52.63%) Migration
4 8 (42.11%) Banking
4 8 (42.11%) Mobile App
4 8 (42.11%) Microservices
5 4 (21.05%) Self-Motivation
5 4 (21.05%) Actionable Insight
5 4 (21.05%) Actionable Recommendations
5 4 (21.05%) Strategic Thinking
6 3 (15.79%) Customer-Centricity
6 3 (15.79%) Decision-Making
6 3 (15.79%) Java
6 3 (15.79%) Waterfall
7 2 (10.53%) Confluence
7 2 (10.53%) Stakeholder Engagement
7 2 (10.53%) User Acceptance Testing
7 2 (10.53%) Retail Banking
7 2 (10.53%) JIRA
7 2 (10.53%) System Integration Testing
8 1 (5.26%) Spring Boot
8 1 (5.26%) Malware Detection/Protection
8 1 (5.26%) User Experience
8 1 (5.26%) Java 8
8 1 (5.26%) Hibernate
8 1 (5.26%) Oracle
8 1 (5.26%) Spring
8 1 (5.26%) Git (software)
8 1 (5.26%) Gradle

PSD2
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 2 (10.53%) Confluence
Development Applications
1 2 (10.53%) JIRA
2 1 (5.26%) Git (software)
2 1 (5.26%) Gradle
General
1 16 (84.21%) Finance
2 8 (42.11%) Banking
3 2 (10.53%) Retail Banking
Job Titles
1 8 (42.11%) Analyst
2 7 (36.84%) Architect
2 7 (36.84%) Business Analyst
2 7 (36.84%) Solutions Architect
3 2 (10.53%) Designer
3 2 (10.53%) Fraud Analyst
3 2 (10.53%) Solutions Designer
4 1 (5.26%) Banking Analyst
4 1 (5.26%) Business IT Analyst
4 1 (5.26%) Finance Business Analyst
4 1 (5.26%) Financial Business Analyst
4 1 (5.26%) Financial Services Project Manager
4 1 (5.26%) Fraud Manager
4 1 (5.26%) IT Analyst
4 1 (5.26%) IT Business Analyst
4 1 (5.26%) IT Project Manager
4 1 (5.26%) Retail Banking Business Analyst
4 1 (5.26%) Senior Analyst
4 1 (5.26%) Systems Manager
4 1 (5.26%) Technical Leader
Libraries, Frameworks & Software Standards
1 1 (5.26%) Hibernate
1 1 (5.26%) Spring
1 1 (5.26%) Spring Boot
Miscellaneous
1 8 (42.11%) Mobile App
2 4 (21.05%) Self-Motivation
3 1 (5.26%) User Experience
Processes & Methodologies
1 11 (57.89%) Agile Software Development
1 11 (57.89%) Stakeholder Management
2 10 (52.63%) Migration
3 8 (42.11%) Microservices
4 4 (21.05%) Actionable Insight
4 4 (21.05%) Strategic Thinking
5 3 (15.79%) Customer-Centricity
5 3 (15.79%) Decision-Making
5 3 (15.79%) Waterfall
6 2 (10.53%) Stakeholder Engagement
6 2 (10.53%) System Integration Testing
6 2 (10.53%) User Acceptance Testing
7 1 (5.26%) Malware Detection/Protection
Programming Languages
1 3 (15.79%) Java
2 1 (5.26%) Java 8
Quality Assurance & Compliance
1 4 (21.05%) Actionable Recommendations
Vendors
1 1 (5.26%) Oracle