The table below looks at the prevalence of the term EFT in IT contracts advertised for the Surrey region. Included is a guide to the contractor rates offered in IT contracts that have cited EFT over the 3 months to 28 May 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
28 May 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank - - 93
Contract jobs citing EFT 0 0 2
As % of all contract IT jobs located in Surrey - - 0.15%
As % of the Miscellaneous category - - 0.51%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £383 £365 £345
% change year-on-year
+4.79% +5.79%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
EFT
South East

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

Miscellaneous Category
Surrey
Contract IT job ads with a match in the
Miscellaneous category
466 414 394
As % of all contract IT jobs located in Surrey 35.01% 32.07% 28.63%
Number of daily rates quoted 286 188 193
Median daily rate £450 £400 £349
Median daily rate % change year-on-year
+12.50% +14.69%
90% offered a daily rate of more than £250 £225 £172
10% offered a daily rate of more than £550 £550 £500
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 44 17 45
Median hourly rate £23.00 £18.90 £22.50
Median hourly rate % change year-on-year
+21.69% -16.00%
90% offered a hourly rate of more than £16.75 £13.50 £14.00
10% offered a hourly rate of more than £47.50 £52.17 £47.50
UK excluding London median hourly rate £21.75 £18.00 £20.50
% change year-on-year
+20.83% -12.19%

EFT
Jobs Demand Trend in Surrey

The demand trend of contract jobs across the Surrey region citing EFT as a proportion of all IT contracts with a match in the Miscellaneous category.

EFT Jobs Demand Trend in Surrey

EFT
Daily Rate Trend in Surrey

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

EFT Daily Rate Trend in Surrey

EFT
Hourly Rate Trend in Surrey

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing EFT across the Surrey region.

EFT Hourly Rate Trend in Surrey