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 contractor rates offered in IT contracts that have cited EFT over the 3 months to 29 June 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
29 Jun 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank 616 607 573
Rank change year-on-year
-9 -34
Contract jobs citing EFT 9 12 15
As % of all contract IT jobs located in England 0.018% 0.024% 0.031%
As % of the Miscellaneous category 0.055% 0.073% 0.095%
Number of daily rates quoted 2 7 6
Median daily rate £556 £400 £500
Median daily rate % change year-on-year
+39.06% -20.00%
UK excluding London median daily rate £269 £425 -
% change year-on-year
-36.76% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
16338 16547 15845
As % of all contract IT jobs located in England 33.18% 32.53% 32.98%
Number of daily rates quoted 10719 10550 9819
Median daily rate £434 £425 £413
Median daily rate % change year-on-year
+2.11% +3.03%
90% offered a daily rate of more than £263 £250 £235
10% offered a daily rate of more than £610 £615 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 564 606 643
Median hourly rate £21.36 £18.00 £20.50
Median hourly rate % change year-on-year
+18.63% -12.19%
90% offered a hourly rate of more than £12.48 £12.00 £12.50
10% offered a hourly rate of more than £46.01 £45.00 £42.50
UK excluding London median hourly rate £22.75 £18.00 £21.00
% change year-on-year
+26.38% -14.28%

EFT
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing EFT as a proportion of all IT contracts with a match in 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
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing EFT across the England region over the 3 months to 29 June 2016.

EFT Daily Rate Histogram 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 median contractor rates quoted in IT jobs citing EFT within the England region over the 3 months to 29 June 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +1 4 - -
North West - 3 £675 -
South East -2 1 - - 2
West Midlands - 1 £438 -
EFT
UK

EFT
Top 30 Related IT Skills in England

For the 6 months to 29 June 2016, IT contractor jobs citing EFT also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for EFT.

1 5 (41.67%) E-Commerce
1 5 (41.67%) EPoS
1 5 (41.67%) Mobile Commerce
2 4 (33.33%) Finance
2 4 (33.33%) BASE24
2 4 (33.33%) EFTPOS
2 4 (33.33%) Smartcard
2 4 (33.33%) ISO 8583
2 4 (33.33%) Retail
2 4 (33.33%) Wincor Nixdorf
2 4 (33.33%) VeriFone
2 4 (33.33%) Analytical Skills
3 3 (25.00%) NonStop SQL
3 3 (25.00%) Tandem
3 3 (25.00%) DB2
3 3 (25.00%) COBOL
3 3 (25.00%) Data Modelling
4 2 (16.67%) CheckPoint
4 2 (16.67%) EMV
4 2 (16.67%) Cisco
4 2 (16.67%) Toshiba
4 2 (16.67%) Firewall
4 2 (16.67%) WorldPay
4 2 (16.67%) F5
4 2 (16.67%) Fujitsu
4 2 (16.67%) IronPort
4 2 (16.67%) Cisco ASA
4 2 (16.67%) Network Security
4 2 (16.67%) Data Centre
5 1 (8.33%) Contactless

EFT
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 4 (33.33%) BASE24
2 1 (8.33%) Oracle Retail
2 1 (8.33%) VisionPLUS
Cloud Services
1 1 (8.33%) Sage Pay
Communications & Networking
1 2 (16.67%) Cisco ASA
1 2 (16.67%) Firewall
1 2 (16.67%) Network Security
2 1 (8.33%) ATM
2 1 (8.33%) Internet
Database & Business Intelligence
1 3 (25.00%) DB2
1 3 (25.00%) NonStop SQL
2 1 (8.33%) OLTP
General
1 4 (33.33%) Finance
1 4 (33.33%) Retail
2 1 (8.33%) Banking
2 1 (8.33%) Billing
2 1 (8.33%) Marketing
Job Titles
1 2 (16.67%) Check Point Consultant
1 2 (16.67%) Consultant
1 2 (16.67%) Firewall Consultant
1 2 (16.67%) Network Consultant
1 2 (16.67%) Network Security Consultant
1 2 (16.67%) Project Manager
1 2 (16.67%) Security Consultant
1 2 (16.67%) Support Team Leader
1 2 (16.67%) Team Leader
2 1 (8.33%) Business Analyst
2 1 (8.33%) Designer
2 1 (8.33%) Digital Director
2 1 (8.33%) EPoS Manager
2 1 (8.33%) IT Manager
2 1 (8.33%) IT Project Manager
2 1 (8.33%) Payments Business Analyst
2 1 (8.33%) Solutions Architect
2 1 (8.33%) Solutions Designer
2 1 (8.33%) Support Manager
2 1 (8.33%) Technical Director
Libraries, Frameworks & Software Standards
1 1 (8.33%) EDI
Miscellaneous
1 5 (41.67%) EPoS
2 4 (33.33%) Analytical Skills
2 4 (33.33%) EFTPOS
2 4 (33.33%) Smartcard
3 3 (25.00%) Tandem
4 2 (16.67%) Data Centre
4 2 (16.67%) EMV
5 1 (8.33%) APACS
5 1 (8.33%) Chip and PIN
5 1 (8.33%) Contactless
5 1 (8.33%) FMCG
5 1 (8.33%) Visualisation
Processes & Methodologies
1 5 (41.67%) E-Commerce
1 5 (41.67%) Mobile Commerce
2 3 (25.00%) Data Modelling
3 1 (8.33%) Agile Software Development
3 1 (8.33%) Data Architecture
3 1 (8.33%) GAP Analysis
3 1 (8.33%) Information Security
3 1 (8.33%) Internet Marketing
3 1 (8.33%) Migration
3 1 (8.33%) Performance Testing
3 1 (8.33%) Scrum
3 1 (8.33%) Supplier Management
3 1 (8.33%) Supply Chain Management
3 1 (8.33%) System Integration Testing
3 1 (8.33%) Unit Testing
3 1 (8.33%) Web Development
Programming Languages
1 3 (25.00%) COBOL
Quality Assurance & Compliance
1 4 (33.33%) ISO 8583
2 1 (8.33%) SLA
Vendors
1 4 (33.33%) VeriFone
1 4 (33.33%) Wincor Nixdorf
2 2 (16.67%) CheckPoint
2 2 (16.67%) Cisco
2 2 (16.67%) F5
2 2 (16.67%) Fujitsu
2 2 (16.67%) IronPort
2 2 (16.67%) Toshiba
2 2 (16.67%) WorldPay
3 1 (8.33%) Elavon
3 1 (8.33%) Ingenico
3 1 (8.33%) Oracle
3 1 (8.33%) Retek
3 1 (8.33%) Sage
3 1 (8.33%) TSYS
3 1 (8.33%) VocaLink