Markets in Financial Instruments Directive (MiFID)
UK > Scotland
The following table provides summary statistics for contract job vacancies advertised in Scotland with a requirement for MiFID skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited MiFID over the 6 months to 1 June 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 1 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 161 | 166 |
| Rank change year-on-year | - | +5 | +2 |
| Contract jobs citing MiFID | 0 | 2 | 6 |
| As % of all contract jobs advertised in Scotland | - | 0.075% | 0.18% |
| As % of the Quality Assurance & Compliance category | - | 0.37% | 0.89% |
| Number of daily rates quoted | 0 | 0 | 1 |
| 10th Percentile | - | - | - |
| 25th Percentile | - | - | £513 |
| Median daily rate (50th Percentile) | - | - | £525 |
| 75th Percentile | - | - | £538 |
| 90th Percentile | - | - | - |
| UK median daily rate | £675 | £725 | £650 |
| % change year-on-year | -6.90% | +11.54% | +8.33% |
| Number of hourly rates quoted | 0 | 1 | 1 |
| 10th Percentile | - | - | - |
| 25th Percentile | - | - | £42.50 |
| Median hourly rate | - | £47.73 | £43.00 |
| Median % change year-on-year | - | +11.00% | - |
| 75th Percentile | - | - | £43.50 |
| 90th Percentile | - | - | - |
| UK median hourly rate | - | £47.73 | £43.00 |
| % change year-on-year | - | +11.00% | - |
All Quality Assurance and Compliance Skills
Scotland
MiFID 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.
| Contract vacancies with a requirement for quality assurance or compliance skills | 387 | 534 | 675 |
| As % of all contract IT jobs advertised in Scotland | 18.06% | 19.95% | 19.84% |
| Number of daily rates quoted | 249 | 431 | 502 |
| 10th Percentile | £183 | £178 | £230 |
| 25th Percentile | £288 | £400 | £338 |
| Median daily rate (50th Percentile) | £438 | £475 | £450 |
| Median % change year-on-year | -7.79% | +5.56% | +7.14% |
| 75th Percentile | £510 | £545 | £545 |
| 90th Percentile | £600 | £600 | £600 |
| UK median daily rate | £510 | £525 | £518 |
| % change year-on-year | -2.86% | +1.35% | +9.05% |
| Number of hourly rates quoted | 20 | 4 | 21 |
| 10th Percentile | £13.52 | £13.56 | £12.31 |
| 25th Percentile | £14.43 | £14.17 | £16.25 |
| Median hourly rate | £16.99 | £18.13 | £33.00 |
| Median % change year-on-year | -6.29% | -45.08% | +65.00% |
| 75th Percentile | £31.42 | £28.90 | £43.50 |
| 90th Percentile | £60.75 | £40.20 | £56.00 |
| UK median hourly rate | £22.42 | £37.50 | £28.12 |
| % change year-on-year | -40.21% | +33.38% | +33.88% |
MiFID
Job Vacancy Trend in Scotland
Job postings citing MiFID as a proportion of all IT jobs advertised in Scotland.
MiFID
Contractor Daily Rate Trend in Scotland
3-month moving average daily rate quoted in jobs citing MiFID in Scotland.