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 14 February 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.

Location
3 months to
14 Feb 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank 402 409 398
Rank change year-on-year
+7 -11
Contract jobs citing EFT 4 2 8
As % of all contract IT jobs located in London 0.019% 0.010% 0.037%
As % of the Miscellaneous category 0.053% 0.026% 0.098%
Number of daily rates quoted 1 2 3
Average daily rate £338 £320 £425
Average daily rate % change year-on-year
+5.46% -24.70%
UK excluding London average daily rate £366 £363 £444
% change year-on-year
+1.03% -18.35%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £14.75
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
7601 7594 8200
As % of all contract IT jobs located in London 35.77% 36.19% 37.92%
Number of daily rates quoted 5320 5337 5562
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £288 £288 £255
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 135 143 164
Average hourly rate £20.00 £20.00 £25.00
Average hourly rate % change year-on-year
- -20.00%
90% offered a hourly rate of more than £12.80 £13.50 £13.50
10% offered a hourly rate of more than £42.50 £38.20 £51.75
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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 30 Related IT Skills in London

For the 6 months to 14 February 2016, 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 4 (66.67%) EPoS
1 4 (66.67%) EMV
1 4 (66.67%) ISO 8583
1 4 (66.67%) Wincor Nixdorf
1 4 (66.67%) VeriFone
1 4 (66.67%) WorldPay
2 3 (50.00%) BASE24
2 3 (50.00%) Contactless
2 3 (50.00%) Smartcard
2 3 (50.00%) Mobile Commerce
2 3 (50.00%) EFTPOS
2 3 (50.00%) E-Commerce
3 2 (33.33%) ATM
4 1 (16.67%) RabbitMQ
4 1 (16.67%) F5
4 1 (16.67%) High Availability
4 1 (16.67%) WebSphere
4 1 (16.67%) Risk Analysis
4 1 (16.67%) VMware Infrastructure
4 1 (16.67%) Red Hat Enterprise Linux
4 1 (16.67%) Bash Shell
4 1 (16.67%) VocaLink
4 1 (16.67%) TSYS
4 1 (16.67%) APACS
4 1 (16.67%) Sage Pay
4 1 (16.67%) Elavon
4 1 (16.67%) Ingenico
4 1 (16.67%) Migration
4 1 (16.67%) Bugzilla
4 1 (16.67%) SUSE

EFT
Top Related IT Skills in London by Category

For the 6 months to 14 February 2016, 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 (16.67%) Apache
1 1 (16.67%) IBM HTTP Server
1 1 (16.67%) MQSeries
1 1 (16.67%) WebSphere
1 1 (16.67%) WebSphere Application Server
Business Applications
1 3 (50.00%) BASE24
Cloud Services
1 1 (16.67%) Sage Pay
Communications & Networking
1 2 (33.33%) ATM
2 1 (16.67%) HTTP
Database & Business Intelligence
1 1 (16.67%) DB2
Development Applications
1 1 (16.67%) Bugzilla
General
1 1 (16.67%) Banking
1 1 (16.67%) Retail
Job Titles
1 2 (33.33%) Project Manager
1 2 (33.33%) Tester
2 1 (16.67%) Administrator
2 1 (16.67%) Analyst
2 1 (16.67%) Defect Manager
2 1 (16.67%) EMV Tester
2 1 (16.67%) Linux Administrator
2 1 (16.67%) Linux Systems Administrator
2 1 (16.67%) Payments Business Analyst
2 1 (16.67%) Retail Business Analyst
2 1 (16.67%) Senior Linux Administrator
2 1 (16.67%) Senior Linux Systems Administrator
2 1 (16.67%) Senior Systems Administrator
2 1 (16.67%) Senior Unix Administrator
2 1 (16.67%) Senior Unix Systems Administrator
2 1 (16.67%) Senior WebSphere Administrator
2 1 (16.67%) Systems Administrator
2 1 (16.67%) Unix Administrator
2 1 (16.67%) Unix Systems Administrator
2 1 (16.67%) WebSphere Administrator
Libraries, Frameworks & Software Standards
1 1 (16.67%) J2EE
1 1 (16.67%) RabbitMQ
Miscellaneous
1 4 (66.67%) EMV
1 4 (66.67%) EPoS
2 3 (50.00%) Contactless
2 3 (50.00%) EFTPOS
2 3 (50.00%) Smartcard
3 1 (16.67%) APACS
3 1 (16.67%) Chip and PIN
3 1 (16.67%) Clustering
3 1 (16.67%) Foreign Exchange (FX)
Operating Systems
1 1 (16.67%) Linux
1 1 (16.67%) Red Hat Enterprise Linux
1 1 (16.67%) SUSE
1 1 (16.67%) Unix
Processes & Methodologies
1 3 (50.00%) E-Commerce
1 3 (50.00%) Mobile Commerce
2 1 (16.67%) CRM
2 1 (16.67%) High Availability
2 1 (16.67%) Migration
2 1 (16.67%) Risk Analysis
Programming Languages
1 1 (16.67%) Bash Shell
1 1 (16.67%) Java
1 1 (16.67%) Shell Script
Quality Assurance & Compliance
1 4 (66.67%) ISO 8583
System Software
1 1 (16.67%) VMware ESX
1 1 (16.67%) VMware Infrastructure
Vendors
1 4 (66.67%) VeriFone
1 4 (66.67%) Wincor Nixdorf
1 4 (66.67%) WorldPay
2 1 (16.67%) Elavon
2 1 (16.67%) F5
2 1 (16.67%) IBM
2 1 (16.67%) Ingenico
2 1 (16.67%) Red Hat
2 1 (16.67%) Sage
2 1 (16.67%) TSYS
2 1 (16.67%) VMware
2 1 (16.67%) VocaLink