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 22 August 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
22 Aug 2014
Same period 2013 Same period 2012
Electronic Funds Transfer (EFT)
Rank 407 419 409
Rank change year-on-year
+12 -10
Contract jobs citing EFT 2 5 7
As % of all contract IT jobs located in London 0.008% 0.020% 0.027%
As % of the Miscellaneous category 0.027% 0.061% 0.085%
Number of daily rates quoted 1 0 2
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 - £525
UK excluding London average daily rate £538 £285 £275
% change year-on-year
+88.77% +3.63%
Number of hourly rates quoted 0 1 0
Average hourly rate - £15.50 -
UK excluding London average hourly rate - - £40.00
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
7417 8177 8232
As % of all contract IT jobs located in London 30.55% 32.44% 31.46%
Number of daily rates quoted 4918 5623 5610
Average daily rate £450 £450 £475
Average daily rate % change year-on-year
- -5.26%
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £625 £640 £625
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 160 173 219
Average hourly rate £18.00 £20.00 £22.32
Average hourly rate % change year-on-year
-10.00% -10.39%
90% offered a hourly rate of more than £14.02 £13.20 £13.00
10% offered a hourly rate of more than £44.00 £46.20 £40.00
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

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 22 August 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 6 (50.00%) Project Management
1 6 (50.00%) Migration
2 5 (41.67%) VisionPLUS
2 5 (41.67%) Supplier Management
3 4 (33.33%) EPoS
4 3 (25.00%) Chip and PIN
4 3 (25.00%) Java
4 3 (25.00%) E-Commerce
4 3 (25.00%) Retail
5 2 (16.67%) Management Information System
5 2 (16.67%) Windows 7
5 2 (16.67%) Windows Server 2012
5 2 (16.67%) SCCM
5 2 (16.67%) PCI DSS
5 2 (16.67%) PowerShell
5 2 (16.67%) Windows Server 2008
5 2 (16.67%) Data Management
5 2 (16.67%) Stakeholder Management
5 2 (16.67%) MS Office
5 2 (16.67%) Active Directory
5 2 (16.67%) Windows
5 2 (16.67%) Mac OS X
5 2 (16.67%) X-Windows
5 2 (16.67%) Terminal Server
5 2 (16.67%) Systems Management Server (SMS)
6 1 (8.33%) Smartcard
6 1 (8.33%) Mobile Commerce
6 1 (8.33%) WebSphere MQ
6 1 (8.33%) EFTPOS
6 1 (8.33%) EMV

EFT
Top Related IT Skills in London by Category

For the 6 months to 22 August 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 (8.33%) Tomcat
1 1 (8.33%) Tuxedo
1 1 (8.33%) IIS
Applications
1 2 (16.67%) MS Office
Business Applications
1 5 (41.67%) VisionPLUS
2 1 (8.33%) BASE24
2 1 (8.33%) Oracle Payables
2 1 (8.33%) Oracle Receivables
2 1 (8.33%) Oracle Cash Management
Communications & Networking
1 1 (8.33%) ATM
Database & Business Intelligence
1 1 (8.33%) DB2
General
1 3 (25.00%) Retail
Job Titles
1 5 (41.67%) Project Manager
2 3 (25.00%) Business Analyst
2 3 (25.00%) Analyst
3 2 (16.67%) Consultant
3 2 (16.67%) Systems Engineer
4 1 (8.33%) Architect
4 1 (8.33%) Systems Support
4 1 (8.33%) Business Consultant
4 1 (8.33%) UML Business Analyst
4 1 (8.33%) EMV Consultant
4 1 (8.33%) Lead Architect
4 1 (8.33%) EPoS Engineer
4 1 (8.33%) Payments Business Analyst
Libraries, Frameworks & Software Standards
1 2 (16.67%) X-Windows
2 1 (8.33%) WebSphere MQ
2 1 (8.33%) WebSphere Message Broker
Miscellaneous
1 4 (33.33%) EPoS
2 3 (25.00%) Chip and PIN
3 2 (16.67%) Management Information System
4 1 (8.33%) Smartcard
4 1 (8.33%) EFTPOS
4 1 (8.33%) EMV
4 1 (8.33%) Smart Meter
Operating Systems
1 2 (16.67%) Windows 7
1 2 (16.67%) Windows Server 2012
1 2 (16.67%) Windows Server 2008
1 2 (16.67%) Windows
1 2 (16.67%) Mac OS X
2 1 (8.33%) UNIX
Processes & Methodologies
1 6 (50.00%) Project Management
1 6 (50.00%) Migration
2 5 (41.67%) Supplier Management
3 3 (25.00%) E-Commerce
4 2 (16.67%) Data Management
4 2 (16.67%) Stakeholder Management
5 1 (8.33%) Mobile Commerce
5 1 (8.33%) Service Delivery
5 1 (8.33%) UML
5 1 (8.33%) RUP
5 1 (8.33%) ITIL
5 1 (8.33%) TOGAF
5 1 (8.33%) Business Analysis
5 1 (8.33%) Cash Management
5 1 (8.33%) Technical Architecture
5 1 (8.33%) Use Case
5 1 (8.33%) Requirements Engineering
Programming Languages
1 3 (25.00%) Java
2 2 (16.67%) PowerShell
3 1 (8.33%) SQL
Qualifications
1 1 (8.33%) ISEB
1 1 (8.33%) Microsoft Certification
1 1 (8.33%) A+ Certification
1 1 (8.33%) MCTS
Quality Assurance & Compliance
1 2 (16.67%) PCI DSS
2 1 (8.33%) SLA
2 1 (8.33%) ISO 8583
System Software
1 2 (16.67%) Active Directory
1 2 (16.67%) Terminal Server
Systems Management
1 2 (16.67%) SCCM
1 2 (16.67%) Systems Management Server (SMS)
Vendors
1 1 (8.33%) Oracle
1 1 (8.33%) ServiceNow