Period
to 20 February 2019

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 February 2019 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 Feb 2019
Same period 2018 Same period 2017
Rank 184 170 168
Rank change year-on-year -14 -2 +28
Contract jobs citing PSD2 9 12 2
As % of all contract IT jobs advertised in Scotland 0.19% 0.24% 0.054%
As % of the Quality Assurance & Compliance category 1.54% 1.63% 0.47%
Number of daily rates quoted 8 11 2
Scotland median daily rate £475 £400 £385
Median daily rate % change year-on-year +18.75% +3.90% -
10th Percentile £425 £375 £326
90th Percentile £508 £450 £437
UK median daily rate £600 £550 £600
% change year-on-year +9.09% -8.33% +14.29%
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 583 737 422
As % of all contract IT jobs advertised in Scotland 12.47% 15.01% 11.36%
Number of daily rates quoted 309 446 239
Scotland median daily rate £388 £375 £363
Median daily rate % change year-on-year +3.47% +3.45% +3.57%
10th Percentile £185 £187 £149
90th Percentile £578 £531 £488
UK median daily rate £450 £440 £425
% change year-on-year +2.27% +3.53% +6.25%
Number of hourly rates quoted 23 26 14
Scotland median hourly rate £23.00 £25.00 £25.00
Median hourly rate % change year-on-year -8.00% - +13.64%
10th Percentile £11.91 £13.94 £16.78
90th Percentile £35.00 £48.65 £40.43
UK median hourly rate £20.87 £21.50 £21.50
% change year-on-year -2.92% - -14.00%

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
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 February 2019. 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 +26 8 £475 +8.57%
Dumfries and Galloway - 1 £475 -
PSD2
UK

For the 6 months to 20 February 2019, 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 9 (100.00%) Banking
2 8 (88.89%) Finance
3 4 (44.44%) Retail Banking
4 3 (33.33%) Stakeholder Management
4 3 (33.33%) Amazon AWS
5 1 (11.11%) SQL
5 1 (11.11%) SOA
5 1 (11.11%) ETL
5 1 (11.11%) Risk Assessment
5 1 (11.11%) Information Security
5 1 (11.11%) Change Management
5 1 (11.11%) Financial Institution
5 1 (11.11%) Firewall
5 1 (11.11%) Security Architecture
5 1 (11.11%) Apple iOS
5 1 (11.11%) Amazon EMR
5 1 (11.11%) Mobile App
5 1 (11.11%) Mobile Application Development
5 1 (11.11%) Mobile Banking
5 1 (11.11%) Cybersecurity
5 1 (11.11%) Amazon Redshift
5 1 (11.11%) Line Management
5 1 (11.11%) Identity Access Management
5 1 (11.11%) Security Operations
5 1 (11.11%) Security Operations Centre
5 1 (11.11%) Actionable Insight
5 1 (11.11%) Actionable Recommendations
5 1 (11.11%) Data Loss Prevention
5 1 (11.11%) Strategic Thinking
5 1 (11.11%) Self-Motivation

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:

Cloud Services
1 3 (33.33%) Amazon AWS
2 1 (11.11%) Amazon EMR
2 1 (11.11%) Microsoft Azure
Communications & Networking
1 1 (11.11%) Firewall
Database & Business Intelligence
1 1 (11.11%) Amazon Redshift
1 1 (11.11%) Pentaho
General
1 9 (100.00%) Banking
2 8 (88.89%) Finance
3 4 (44.44%) Retail Banking
4 1 (11.11%) Financial Institution
4 1 (11.11%) Investment Banking
4 1 (11.11%) Retail
Job Titles
1 3 (33.33%) Project Manager
2 2 (22.22%) Architect
2 2 (22.22%) Infrastructure Architect
3 1 (11.11%) Analyst
3 1 (11.11%) Banking Analyst
3 1 (11.11%) Banking Infrastructure Architect
3 1 (11.11%) Business Analyst
3 1 (11.11%) Developer
3 1 (11.11%) Fraud Analyst
3 1 (11.11%) Fraud Business Analyst
3 1 (11.11%) Infrastructure Solutions Architect
3 1 (11.11%) IT Manager
3 1 (11.11%) IT Project Manager
3 1 (11.11%) Lead Project Manager
3 1 (11.11%) Retail Banking Business Analyst
3 1 (11.11%) Senior Analyst
3 1 (11.11%) Senior Business Analyst
3 1 (11.11%) Senior Developer
3 1 (11.11%) Solutions Architect
3 1 (11.11%) Technical Leader
Miscellaneous
1 1 (11.11%) Mobile App
1 1 (11.11%) Mobile Banking
1 1 (11.11%) Security Operations Centre
1 1 (11.11%) Self-Motivation
Operating Systems
1 1 (11.11%) Android
1 1 (11.11%) Apple iOS
Processes & Methodologies
1 3 (33.33%) Stakeholder Management
2 1 (11.11%) Actionable Insight
2 1 (11.11%) Change Management
2 1 (11.11%) Cybersecurity
2 1 (11.11%) Data Loss Prevention
2 1 (11.11%) ETL
2 1 (11.11%) Identity Access Management
2 1 (11.11%) Information Security
2 1 (11.11%) Line Management
2 1 (11.11%) Mobile Application Development
2 1 (11.11%) Risk Assessment
2 1 (11.11%) Security Architecture
2 1 (11.11%) Security Operations
2 1 (11.11%) Security Testing
2 1 (11.11%) SOA
2 1 (11.11%) Strategic Thinking
2 1 (11.11%) Wealth Management
Programming Languages
1 1 (11.11%) SQL
Quality Assurance & Compliance
1 1 (11.11%) Actionable Recommendations