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 21 October 2014 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
21 Oct 2014
Same period 2013 Same period 2012
Electronic Funds Transfer (EFT)
Rank - 417 413
Contract jobs citing EFT 0 2 6
As % of all contract IT jobs located in London - 0.008% 0.024%
As % of the Miscellaneous category - 0.021% 0.064%
Number of daily rates quoted 0 0 4
Average daily rate
Keep up to 90%
of your Daily Rate
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- - £325
UK excluding London average daily rate £551 £300 £300
% change year-on-year
+83.50% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £34.75 -
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
8779 9552 9389
As % of all contract IT jobs located in London 35.63% 37.70% 37.82%
Number of daily rates quoted 6110 6725 6478
Average daily rate £450 £450 £463
Average daily rate % change year-on-year
- -2.70%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £640 £625 £625
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 190 155 239
Average hourly rate £17.00 £19.50 £23.14
Average hourly rate % change year-on-year
-12.82% -15.73%
90% offered a hourly rate of more than £12.50 £13.10 £12.50
10% offered a hourly rate of more than £40.00 £45.20 £44.60
UK excluding London average hourly rate £17.50 £17.69 £22.50
% change year-on-year
-1.07% -21.37%

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
Top 19 Related IT Skills in London

For the 6 months to 21 October 2014, 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 1 (50.00%) Oracle
1 1 (50.00%) DB2
1 1 (50.00%) UNIX
1 1 (50.00%) Tuxedo
1 1 (50.00%) E-Commerce
1 1 (50.00%) EPoS
1 1 (50.00%) WebSphere MQ
1 1 (50.00%) Project Management
1 1 (50.00%) Management Information System
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) BASE24
1 1 (50.00%) ISO 8583
1 1 (50.00%) Agile Software Development
1 1 (50.00%) TOGAF
1 1 (50.00%) WebSphere Message Broker
1 1 (50.00%) Cash Management
1 1 (50.00%) Oracle Payables
1 1 (50.00%) Oracle Receivables
1 1 (50.00%) Oracle Cash Management

EFT
Top Related IT Skills in London by Category

For the 6 months to 21 October 2014, 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.

Application Platforms
1 1 (50.00%) Tuxedo
Business Applications
1 1 (50.00%) BASE24
1 1 (50.00%) Oracle Payables
1 1 (50.00%) Oracle Receivables
1 1 (50.00%) Oracle Cash Management
Database & Business Intelligence
1 1 (50.00%) DB2
Job Titles
1 1 (50.00%) Architect
1 1 (50.00%) Business Analyst
1 1 (50.00%) Analyst
1 1 (50.00%) Lead Architect
Libraries, Frameworks & Software Standards
1 1 (50.00%) WebSphere MQ
1 1 (50.00%) WebSphere Message Broker
Miscellaneous
1 1 (50.00%) EPoS
1 1 (50.00%) Management Information System
Operating Systems
1 1 (50.00%) UNIX
Processes & Methodologies
1 1 (50.00%) E-Commerce
1 1 (50.00%) Project Management
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Agile Software Development
1 1 (50.00%) TOGAF
1 1 (50.00%) Cash Management
Quality Assurance & Compliance
1 1 (50.00%) ISO 8583
Vendors
1 1 (50.00%) Oracle