The table below looks at the prevalence of the term EFT in IT contracts advertised for the East of England region. Included is a guide to the contractor rates offered in IT contracts that have cited EFT over the 3 months to 24 May 2016 with a comparison to the same period over 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.

3 months to
24 May 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank - - 141
Contract jobs citing EFT 0 0 1
As % of all contract IT jobs located in the East of England - - 0.033%
As % of the Miscellaneous category - - 0.12%
Number of daily rates quoted 0 0 1
Median daily rate - - £340
UK excluding London median daily rate £383 £365 £345
% change year-on-year
+4.79% +5.79%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
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 of England region.

Miscellaneous Category
East of England
Contract IT job ads with a match in the
Miscellaneous category
752 783 836
As % of all contract IT jobs located in the East of England 30.47% 28.60% 27.60%
Number of daily rates quoted 399 414 439
Median daily rate £400 £366 £350
Median daily rate % change year-on-year
+9.21% +4.64%
90% offered a daily rate of more than £220 £225 £170
10% offered a daily rate of more than £575 £521 £475
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 72 82 73
Median hourly rate £19.00 £35.75 £26.50
Median hourly rate % change year-on-year
-46.85% +34.90%
90% offered a hourly rate of more than £11.75 £12.50 £13.45
10% offered a hourly rate of more than £45.11 £42.50 £40.05
UK excluding London median hourly rate £21.50 £18.24 £21.00
% change year-on-year
+17.90% -13.16%

EFT
Jobs Demand Trend in the East of England

The demand trend of contract jobs across the East of England region citing EFT as a proportion of all IT contracts with a match in the Miscellaneous category.

EFT Jobs Demand Trend in the East of England

EFT
Daily Rate Trend in the East of England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing EFT across the East of England region.

EFT Daily Rate Trend in the East of England

EFT
Hourly Rate Trend in the East of England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing EFT across the East of England region.

EFT Hourly Rate Trend in the East of England