The table below looks at the prevalence of the term EFT in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited EFT over the 3 months to 29 April 2016 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank 619 590 566
Rank change year-on-year
-29 -24
Contract jobs citing EFT 2 9 26
As % of all contract IT jobs located in England 0.004% 0.018% 0.052%
As % of the Miscellaneous category 0.012% 0.055% 0.16%
Number of daily rates quoted 0 5 12
Average daily rate - £340 £463
Average daily rate % change year-on-year
- -26.56%
UK excluding London average daily rate £90 £365 £350
% change year-on-year
-75.34% +4.28%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
EFT
UK

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

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
16673 16246 16349
As % of all contract IT jobs located in England 32.55% 32.10% 32.88%
Number of daily rates quoted 10974 9983 10098
Average daily rate £425 £425 £413
Average daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £275 £250 £228
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 531 609 717
Average hourly rate £21.68 £18.00 £20.50
Average hourly rate % change year-on-year
+20.43% -12.19%
90% offered a hourly rate of more than £12.00 £11.60 £11.50
10% offered a hourly rate of more than £47.39 £44.50 £42.50
UK excluding London average hourly rate £21.50 £18.88 £20.00
% change year-on-year
+13.87% -5.60%

EFT
Jobs Demand Trend in England

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

EFT Jobs Demand Trend in England

EFT
Daily Rate Trend in England

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

EFT Daily Rate Trend in England

EFT
Hourly Rate Trend in England

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

EFT Hourly Rate Trend in England

EFT
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing EFT within the England region over the 3 months to 29 April 2016. 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
South East -14 1 - - 1
London -17 1 - -
EFT
UK

EFT
Top 30 Related IT Skills in England

For the 6 months to 29 April 2016, IT contractor jobs across the England region citing EFT also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited EFT.

1 5 (55.56%) E-Commerce
1 5 (55.56%) EFTPOS
1 5 (55.56%) Smartcard
1 5 (55.56%) Mobile Commerce
1 5 (55.56%) EPoS
1 5 (55.56%) BASE24
1 5 (55.56%) ISO 8583
1 5 (55.56%) Retail
1 5 (55.56%) Wincor Nixdorf
1 5 (55.56%) VeriFone
2 4 (44.44%) EMV
2 4 (44.44%) WorldPay
3 3 (33.33%) Contactless
4 2 (22.22%) Unit Testing
4 2 (22.22%) Supplier Management
4 2 (22.22%) System Integration Testing
5 1 (11.11%) Sage Pay
5 1 (11.11%) Elavon
5 1 (11.11%) Ingenico
5 1 (11.11%) PRINCE2
5 1 (11.11%) VisionPLUS
5 1 (11.11%) Agile Software Development
5 1 (11.11%) Banking
5 1 (11.11%) FMCG
5 1 (11.11%) Budget Control
5 1 (11.11%) VocaLink
5 1 (11.11%) TSYS
5 1 (11.11%) Fujitsu
5 1 (11.11%) Risk Analysis
5 1 (11.11%) Toshiba

EFT
Top Related IT Skills in England by Category

For the 6 months to 29 April 2016, IT contractor jobs across the England region citing EFT also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited EFT. Up to 20 skills are shown per category.

Business Applications
1 5 (55.56%) BASE24
2 1 (11.11%) VisionPLUS
Cloud Services
1 1 (11.11%) Sage Pay
Communications & Networking
1 1 (11.11%) ATM
Development Applications
1 1 (11.11%) Bugzilla
General
1 5 (55.56%) Retail
2 1 (11.11%) Banking
Job Titles
1 4 (44.44%) Project Manager
2 3 (33.33%) Analyst
2 3 (33.33%) Business Analyst
3 2 (22.22%) Payments Business Analyst
4 1 (11.11%) Defect Manager
4 1 (11.11%) EPoS Manager
4 1 (11.11%) IT Manager
4 1 (11.11%) IT Project Manager
4 1 (11.11%) Retail Business Analyst
4 1 (11.11%) Support Manager
4 1 (11.11%) Support Team Leader
4 1 (11.11%) Team Leader
4 1 (11.11%) Tester
Miscellaneous
1 5 (55.56%) EFTPOS
1 5 (55.56%) EPoS
1 5 (55.56%) Smartcard
2 4 (44.44%) EMV
3 3 (33.33%) Contactless
4 1 (11.11%) APACS
4 1 (11.11%) Chip and PIN
4 1 (11.11%) FMCG
Processes & Methodologies
1 5 (55.56%) E-Commerce
1 5 (55.56%) Mobile Commerce
2 2 (22.22%) Supplier Management
2 2 (22.22%) System Integration Testing
2 2 (22.22%) Unit Testing
3 1 (11.11%) Agile Software Development
3 1 (11.11%) Budget Control
3 1 (11.11%) Business Intelligence
3 1 (11.11%) GAP Analysis
3 1 (11.11%) Migration
3 1 (11.11%) PRINCE2
3 1 (11.11%) Risk Analysis
Quality Assurance & Compliance
1 5 (55.56%) ISO 8583
Vendors
1 5 (55.56%) VeriFone
1 5 (55.56%) Wincor Nixdorf
2 4 (44.44%) WorldPay
3 1 (11.11%) Elavon
3 1 (11.11%) Fujitsu
3 1 (11.11%) Ingenico
3 1 (11.11%) Sage
3 1 (11.11%) Toshiba
3 1 (11.11%) TSYS
3 1 (11.11%) VocaLink