The table below looks at the prevalence of the term EFT in IT contracts advertised for the South West region. Included is a guide to the average contractor rates offered in IT contracts that have cited EFT over the 3 months to 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Electronic Funds Transfer (EFT)
Rank - - 126
Contract jobs citing EFT 0 0 1
As % of all contract IT jobs located in the South West - - 0.037%
As % of the Miscellaneous category - - 0.15%
Number of daily rates quoted 0 0 1
Average daily rate
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- - £450
UK excluding London average daily rate £300 £300 £340
% change year-on-year
- -11.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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 South West region.

Miscellaneous Category
South West
Contract IT job ads with a match in the
Miscellaneous category
835 545 680
As % of all contract IT jobs located in the South West 25.36% 23.07% 25.26%
Number of daily rates quoted 544 345 342
Average daily rate £400 £325 £350
Average daily rate % change year-on-year
+22.98% -7.07%
90% offered a daily rate of more than £215 £221 £225
10% offered a daily rate of more than £550 £465 £475
UK excluding London average daily rate £370 £350 £340
% change year-on-year
+5.71% +2.94%
Number of hourly rates quoted 52 56 63
Average hourly rate £26.50 £23.13 £38.50
Average hourly rate % change year-on-year
+14.59% -39.93%
90% offered a hourly rate of more than £12.00 £13.00 £12.15
10% offered a hourly rate of more than £47.50 £35.00 £45.00
UK excluding London average hourly rate £17.00 £19.00 £20.00
% change year-on-year
-10.52% -5.00%

EFT
Jobs Demand Trend in the South West

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

EFT Jobs Demand Trend in the South West

EFT
Daily Rate Trend in the South West

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

EFT Daily Rate Trend in the South West

EFT
Top 7 Related IT Skills in the South West

For the 6 months to 19 December 2014, IT contractor jobs across the South West 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 (100.00%) UNIX
1 4 (100.00%) ATM
1 4 (100.00%) IBM
1 4 (100.00%) HP
1 4 (100.00%) BASE24
1 4 (100.00%) Tandem
1 4 (100.00%) Software Engineering

EFT
Top Related IT Skills in the South West by Category

For the 6 months to 19 December 2014, IT contractor jobs across the South West 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.

Business Applications
1 4 (100.00%) BASE24
Communications & Networking
1 4 (100.00%) ATM
Job Titles
1 4 (100.00%) Developer
Miscellaneous
1 4 (100.00%) Tandem
Operating Systems
1 4 (100.00%) UNIX
Processes & Methodologies
1 4 (100.00%) Software Engineering
Vendors
1 4 (100.00%) IBM
1 4 (100.00%) HP