The table below looks at the prevalence of the term EFT in IT contracts advertised for the East Midlands region. Included is a guide to the average contractor rates offered in IT contracts that have cited EFT over the 3 months to 28 August 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
28 Aug 2014
Same period 2013 Same period 2012
Electronic Funds Transfer (EFT)
Rank - - -
Contract jobs citing EFT 0 0 0
As % of all contract IT jobs located in the East Midlands - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £538 £285 £300
% change year-on-year
+88.77% -5.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £38.75
EFT
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the East Midlands region.

Miscellaneous Category
East Midlands
Contract IT job ads with a match in the
Miscellaneous category
319 344 276
As % of all contract IT jobs located in the East Midlands 21.35% 21.29% 18.39%
Number of daily rates quoted 165 171 102
Average daily rate £338 £325 £300
Average daily rate % change year-on-year
+3.84% +8.33%
90% offered a daily rate of more than £213 £175 £171
10% offered a daily rate of more than £500 £476 £449
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 24 30 29
Average hourly rate £13.50 £13.00 £25.00
Average hourly rate % change year-on-year
+3.84% -48.00%
90% offered a hourly rate of more than £12.04 £8.46 £11.00
10% offered a hourly rate of more than £20.00 £54.26 £65.00
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

EFT
Jobs Demand Trend in the East Midlands

This chart provides a 3-month moving total of IT contractor jobs citing EFT across the East Midlands region as a proportion of the total demand within the Miscellaneous category.

EFT Jobs Demand Trend in the East Midlands

EFT
Contract Job Locations in the East Midlands

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing EFT within the East Midlands region over the 3 months to 28 August 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Nottinghamshire - - - -
EFT
England