The table below looks at the prevalence of the term EFT in IT contracts advertised for the Nottinghamshire region. Included is a guide to the contractor rates offered in IT contracts that have cited EFT over the 3 months to 26 July 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
26 Jul 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank - - -
Contract jobs citing EFT 0 0 0
As % of all contract IT jobs located in Nottinghamshire - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £150 £400 £463
% change year-on-year
-62.50% -13.60%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
EFT
East Midlands

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Nottinghamshire region.

Miscellaneous Category
Nottinghamshire
Contract IT job ads with a match in the
Miscellaneous category
178 118 73
As % of all contract IT jobs located in Nottinghamshire 33.78% 24.03% 21.92%
Number of daily rates quoted 105 63 25
Median daily rate £450 £355 £350
Median daily rate % change year-on-year
+26.76% +1.42%
90% offered a daily rate of more than £285 £215 £200
10% offered a daily rate of more than £615 £515 £500
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 6 5 11
Median hourly rate £20.00 £14.50 £13.25
Median hourly rate % change year-on-year
+37.93% +9.43%
90% offered a hourly rate of more than £17.80 £14.20 £13.00
10% offered a hourly rate of more than £21.00 £52.90 £35.00
UK excluding London median hourly rate £21.75 £18.00 £20.50
% change year-on-year
+20.83% -12.19%