The table below looks at the prevalence of the term EFT in IT contracts advertised for the Edinburgh region. Included is a guide to the average contractor rates offered in IT contracts that have cited EFT over the 3 months to 27 February 2015 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
27 Feb 2015
Same period 2014 Same period 2013
Electronic Funds Transfer (EFT)
Rank - - -
Contract jobs citing EFT 0 0 0
As % of all contract IT jobs located in Edinburgh - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate - £463 £288
% change year-on-year
- +61.04%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
EFT
Scotland

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

Miscellaneous Category
Edinburgh
Contract IT job ads with a match in the
Miscellaneous category
298 247 145
As % of all contract IT jobs located in Edinburgh 21.66% 20.05% 21.35%
Number of daily rates quoted 185 118 61
Average daily rate £400 £375 £400
Average daily rate % change year-on-year
+6.66% -6.25%
90% offered a daily rate of more than £260 £246 £215
10% offered a daily rate of more than £500 £500 £485
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 5 2 5
Average hourly rate £22.25 £14.50 £12.42
Average hourly rate % change year-on-year
+53.44% +16.74%
UK excluding London average hourly rate £18.50 £18.50 £20.00
% change year-on-year
- -7.50%

EFT
Jobs Demand Trend in Edinburgh

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

EFT Jobs Demand Trend in Edinburgh

EFT
Daily Rate Trend in Edinburgh

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

EFT Daily Rate Trend in Edinburgh