The table below looks at the prevalence of the term EFT in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited EFT over the 3 months to 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Electronic Funds Transfer (EFT)
Rank 417 421 416
Rank change year-on-year
+4 -5
Contract jobs citing EFT 8 2 4
As % of all contract IT jobs located in London 0.034% 0.009% 0.016%
As % of the Miscellaneous category 0.095% 0.023% 0.042%
Number of daily rates quoted 4 1 0
Average daily rate
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of your Daily Rate
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£413 £475 -
Average daily rate % change year-on-year
-13.15% -
UK excluding London average daily rate £400 £507 £153
% change year-on-year
-21.06% +232.29%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £15.50
UK excluding London average 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 London region.

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8441 8801 9418
As % of all contract IT jobs located in London 35.96% 37.42% 38.85%
Number of daily rates quoted 5888 5939 6359
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 165 165 205
Average hourly rate £20.00 £19.00 £22.00
Average hourly rate % change year-on-year
+5.26% -13.63%
90% offered a hourly rate of more than £14.50 £14.04 £14.00
10% offered a hourly rate of more than £52.17 £45.00 £42.50
UK excluding London average hourly rate £19.08 £21.00 £20.00
% change year-on-year
-9.14% +5.00%

EFT
Jobs Demand Trend in London

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

EFT Jobs Demand Trend in London

EFT
Daily Rate Trend in London

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

EFT Daily Rate Trend in London

EFT
Hourly Rate Trend in London

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

EFT Hourly Rate Trend in London

EFT
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing EFT within the London region over the 3 months to 31 July 2015. 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
City of London - 3 £400 -
EFT
England

EFT
Top 30 Related IT Skills in London

For the 6 months to 31 July 2015, IT contractor jobs across the London 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 10 (71.43%) Finance
2 8 (57.14%) Cash Management
3 6 (42.86%) QA
4 5 (35.71%) Banking
4 5 (35.71%) HP Quality Center
4 5 (35.71%) Waterfall
5 4 (28.57%) Team Foundation Server
5 4 (28.57%) SAP FSCM
5 4 (28.57%) User Acceptance Testing
5 4 (28.57%) Supply Chain Management
5 4 (28.57%) Integration Testing
5 4 (28.57%) Bankmaster
5 4 (28.57%) PeopleSoft
5 4 (28.57%) SAP
5 4 (28.57%) E-Commerce
5 4 (28.57%) HP
5 4 (28.57%) EPoS
6 3 (21.43%) SAP FI
6 3 (21.43%) SAP CO
6 3 (21.43%) Agile Software Development
6 3 (21.43%) Regression Testing
6 3 (21.43%) SAP FI/CO
7 2 (14.29%) Sage
7 2 (14.29%) APACS
7 2 (14.29%) ISO 8583
7 2 (14.29%) Smartcard
7 2 (14.29%) Mobile Commerce
7 2 (14.29%) Business Intelligence
7 2 (14.29%) Project Management
7 2 (14.29%) EMV

EFT
Top Related IT Skills in London by Category

For the 6 months to 31 July 2015, IT contractor jobs across the London 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.

Applications
1 1 (7.14%) MS Excel
Business Applications
1 4 (28.57%) Bankmaster
1 4 (28.57%) SAP FSCM
2 3 (21.43%) SAP FI
2 3 (21.43%) SAP FI/CO
2 3 (21.43%) SAP CO
3 1 (7.14%) Oracle EBS
3 1 (7.14%) Dynamics NAV
3 1 (7.14%) Dynamics AX
Cloud Services
1 2 (14.29%) Sage Pay
Communications & Networking
1 2 (14.29%) ATM
2 1 (7.14%) HTTP
2 1 (7.14%) TCP/IP
2 1 (7.14%) RTSP
Database & Business Intelligence
1 1 (7.14%) SQL Server
1 1 (7.14%) SQL Server Reporting Services
1 1 (7.14%) SQL Server Integration Services
1 1 (7.14%) SQL Server Analysis Services
1 1 (7.14%) SQL Server 2008
Development Applications
1 4 (28.57%) Team Foundation Server
2 1 (7.14%) WebDriver
2 1 (7.14%) Cucumber
2 1 (7.14%) Bitbucket
2 1 (7.14%) Calabash
2 1 (7.14%) eggPlant
2 1 (7.14%) Appium
2 1 (7.14%) JMeter
2 1 (7.14%) Subversion
2 1 (7.14%) JIRA
2 1 (7.14%) Selenium
2 1 (7.14%) Git (software)
General
1 10 (71.43%) Finance
2 5 (35.71%) Banking
3 1 (7.14%) Retail
3 1 (7.14%) Billing
Job Titles
1 6 (42.86%) Analyst
2 4 (28.57%) QA Analyst
3 3 (21.43%) Consultant
3 3 (21.43%) SAP Consultant
4 2 (14.29%) Test Analyst
4 2 (14.29%) Business Analyst
4 2 (14.29%) Lead Test Analyst
4 2 (14.29%) SAP FI/CO Consultant
4 2 (14.29%) QA Test Analyst
4 2 (14.29%) QA Leader
5 1 (7.14%) Automation Engineer
5 1 (7.14%) Test Automation Engineer
5 1 (7.14%) Test Leader
5 1 (7.14%) Tester
5 1 (7.14%) SAP FI Consultant
5 1 (7.14%) SAP CO Consultant
5 1 (7.14%) Test Engineer
Libraries, Frameworks & Software Standards
1 2 (14.29%) XML
2 1 (7.14%) JSON
2 1 (7.14%) REST
2 1 (7.14%) Gherkin
2 1 (7.14%) AngularJS
2 1 (7.14%) HTML
2 1 (7.14%) .NET
2 1 (7.14%) CSS
2 1 (7.14%) SOAP
2 1 (7.14%) Web Services
Miscellaneous
1 4 (28.57%) EPoS
2 2 (14.29%) EMV
2 2 (14.29%) Chip and PIN
2 2 (14.29%) EFTPOS
2 2 (14.29%) Smartcard
2 2 (14.29%) APACS
2 2 (14.29%) Smart Meter
2 2 (14.29%) SWIFT
3 1 (7.14%) Video on Demand
3 1 (7.14%) IPTV
Operating Systems
1 1 (7.14%) Windows
1 1 (7.14%) Android
1 1 (7.14%) Apple iOS
Processes & Methodologies
1 8 (57.14%) Cash Management
2 5 (35.71%) Waterfall
3 4 (28.57%) User Acceptance Testing
3 4 (28.57%) Integration Testing
3 4 (28.57%) E-Commerce
3 4 (28.57%) Supply Chain Management
4 3 (21.43%) Regression Testing
4 3 (21.43%) Agile Software Development
5 2 (14.29%) Project Planning
5 2 (14.29%) Project Management
5 2 (14.29%) Business Intelligence
5 2 (14.29%) Mobile Commerce
5 2 (14.29%) Coaching
5 2 (14.29%) People Management
5 2 (14.29%) System Integration Testing
6 1 (7.14%) Performance Testing
6 1 (7.14%) Open Source
6 1 (7.14%) Test Scripting
6 1 (7.14%) Continuous Integration
6 1 (7.14%) System Testing
Programming Languages
1 1 (7.14%) Java
1 1 (7.14%) JavaScript
1 1 (7.14%) SQL
1 1 (7.14%) Ruby
Qualifications
1 1 (7.14%) ISEB
1 1 (7.14%) ISTQB
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 6 (42.86%) QA
2 2 (14.29%) ISO 8583
Systems Management
1 5 (35.71%) HP Quality Center
Vendors
1 4 (28.57%) PeopleSoft
1 4 (28.57%) SAP
1 4 (28.57%) HP
2 2 (14.29%) Sage
2 2 (14.29%) VocaLink
2 2 (14.29%) TSYS
2 2 (14.29%) VeriFone
2 2 (14.29%) Wincor Nixdorf
2 2 (14.29%) WorldPay
2 2 (14.29%) Elavon
2 2 (14.29%) Ingenico
3 1 (7.14%) NetSuite
3 1 (7.14%) Twitter
3 1 (7.14%) Xamarin
3 1 (7.14%) Salesforce.com
3 1 (7.14%) Epicor
3 1 (7.14%) JD Edwards
3 1 (7.14%) Cognos
3 1 (7.14%) Microsoft
3 1 (7.14%) Oracle