The table below looks at the prevalence of the term EFT in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited EFT over the 3 months to 1 September 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
1 Sep 2014
Same period 2013 Same period 2012
Electronic Funds Transfer (EFT)
Rank 595 567 575
Rank change year-on-year
-28 +8
Contract jobs citing EFT 7 16 14
As % of all contract IT jobs located in the UK 0.012% 0.030% 0.024%
As % of the Miscellaneous category 0.049% 0.12% 0.097%
Number of daily rates quoted 5 6 4
Average daily rate
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£526 £285 £425
Average daily rate % change year-on-year
+84.38% -32.94%
90% offered a daily rate of more than £468 £153 £290
10% offered a daily rate of more than £565 £308 £525
UK excluding London average daily rate £538 £285 £300
% change year-on-year
+88.77% -5.00%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £38.75
UK excluding London average hourly rate - - £38.75

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
14362 13862 14489
As % of all contract IT jobs located in the UK 25.41% 25.96% 25.01%
Number of daily rates quoted 8615 8529 8420
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 639 608 794
Average hourly rate £19.00 £19.30 £26.00
Average hourly rate % change year-on-year
-1.55% -25.76%
90% offered a hourly rate of more than £12.00 £12.00 £12.00
10% offered a hourly rate of more than £44.50 £42.50 £45.00
UK excluding London average hourly rate £19.96 £17.50 £29.00
% change year-on-year
+14.02% -39.65%

EFT
Jobs Demand Trend

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

EFT Jobs Demand Trend in the UK

EFT
Daily Rate Trend

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

EFT Daily Rate Trend in the UK

EFT
Hourly Rate Trend

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

EFT Hourly Rate Trend in the UK

EFT
Top 22 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing EFT within the UK over the 3 months to 1 September 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -25 5 £526 +84.38% 6
South West - 4 £538 -
London -4 1 £475 - 1
Wiltshire - 1 £575 -
Swindon - 1 £575 -
Watford - - - -
Buckinghamshire - - - -
Essex - - - - 1
Hampshire - - - -
Hertfordshire - - - - 1
Nottinghamshire - - - -
South Yorkshire - - - -
Yorkshire - - - -
East Midlands - - - -
North East - - - - 1
South East - - - - 1
Milton Keynes - - - -
Nottingham - - - -
Sheffield - - - -
Stevenage - - - -
High Wycombe - - - -
East of England - - - - 3

EFT
Top 30 Related IT Skills

For the 6 months to 1 September 2014, IT contractor jobs within the UK 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 10 (34.48%) Retail
2 9 (31.03%) E-Commerce
3 8 (27.59%) Java
3 8 (27.59%) BASE24
4 7 (24.14%) ISO 8583
4 7 (24.14%) UNIX
4 7 (24.14%) ATM
4 7 (24.14%) IBM
4 7 (24.14%) EPoS
5 6 (20.69%) HP
5 6 (20.69%) Project Management
5 6 (20.69%) Migration
5 6 (20.69%) Tandem
6 5 (17.24%) Software Engineering
6 5 (17.24%) VisionPLUS
6 5 (17.24%) Supplier Management
6 5 (17.24%) APACS
6 5 (17.24%) C++
7 4 (13.79%) MS Office
7 4 (13.79%) Windows
7 4 (13.79%) Active Directory
7 4 (13.79%) Windows 7
8 3 (10.34%) Chip and PIN
8 3 (10.34%) ISEB
8 3 (10.34%) OOP
9 2 (6.90%) Systems Management Server (SMS)
9 2 (6.90%) Smartcard
9 2 (6.90%) Mobile Commerce
9 2 (6.90%) X-Windows
9 2 (6.90%) Management Information System

EFT
Top Related IT Skills by Category

For the 6 months to 1 September 2014, IT contractor jobs within the UK 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 (3.45%) IIS
1 1 (3.45%) Tomcat
1 1 (3.45%) Tuxedo
1 1 (3.45%) CICS
Applications
1 4 (13.79%) MS Office
2 2 (6.90%) MS Excel
Business Applications
1 8 (27.59%) BASE24
2 5 (17.24%) VisionPLUS
3 1 (3.45%) Oracle Payables
3 1 (3.45%) Oracle Receivables
3 1 (3.45%) Oracle Cash Management
Communications & Networking
1 7 (24.14%) ATM
2 2 (6.90%) ADSL
Database & Business Intelligence
1 2 (6.90%) DB2
General
1 10 (34.48%) Retail
2 2 (6.90%) Banking
3 1 (3.45%) Back Office
3 1 (3.45%) General Ledger
Job Titles
1 12 (41.38%) Developer
2 7 (24.14%) Analyst
3 5 (17.24%) Project Manager
4 3 (10.34%) Business Analyst
4 3 (10.34%) Software Developer
5 2 (6.90%) Architect
5 2 (6.90%) Test Analyst
5 2 (6.90%) Consultant
5 2 (6.90%) Systems Engineer
5 2 (6.90%) Support Analyst
5 2 (6.90%) Help Desk Analyst
5 2 (6.90%) 1st Line Support
5 2 (6.90%) Java Developer
5 2 (6.90%) Help Desk Support
5 2 (6.90%) Help Desk Support Analyst
5 2 (6.90%) 1st Line Support Analyst
6 1 (3.45%) EMV Consultant
6 1 (3.45%) EPoS Engineer
6 1 (3.45%) Payments Business Analyst
6 1 (3.45%) Business Consultant
Libraries, Frameworks & Software Standards
1 2 (6.90%) X-Windows
2 1 (3.45%) WebSphere Message Broker
2 1 (3.45%) WebSphere MQ
Miscellaneous
1 7 (24.14%) EPoS
2 6 (20.69%) Tandem
3 5 (17.24%) APACS
4 3 (10.34%) Chip and PIN
5 2 (6.90%) EFTPOS
5 2 (6.90%) Smartcard
5 2 (6.90%) Management Information System
6 1 (3.45%) EMV
6 1 (3.45%) Mainframe
6 1 (3.45%) Smart Meter
Operating Systems
1 7 (24.14%) UNIX
2 4 (13.79%) Windows
2 4 (13.79%) Windows 7
3 2 (6.90%) Windows Server 2012
3 2 (6.90%) Windows XP
3 2 (6.90%) Mac OS X
3 2 (6.90%) Windows Server 2008
Processes & Methodologies
1 9 (31.03%) E-Commerce
2 6 (20.69%) Project Management
2 6 (20.69%) Migration
3 5 (17.24%) Supplier Management
3 5 (17.24%) Software Engineering
4 3 (10.34%) OOP
5 2 (6.90%) Mobile Commerce
5 2 (6.90%) Stakeholder Management
5 2 (6.90%) Data Management
6 1 (3.45%) TOGAF
6 1 (3.45%) Risk Assessment
6 1 (3.45%) Software Testing
6 1 (3.45%) Technical Architecture
6 1 (3.45%) Use Case
6 1 (3.45%) Unit Testing
6 1 (3.45%) Cash Management
6 1 (3.45%) Requirements Engineering
6 1 (3.45%) Service Delivery
6 1 (3.45%) RUP
6 1 (3.45%) ITIL
Programming Languages
1 8 (27.59%) Java
2 5 (17.24%) C++
3 2 (6.90%) PowerShell
4 1 (3.45%) COBOL
4 1 (3.45%) SQL
Qualifications
1 3 (10.34%) ISEB
2 1 (3.45%) Microsoft Certification
2 1 (3.45%) A+ Certification
2 1 (3.45%) MCTS
Quality Assurance & Compliance
1 7 (24.14%) ISO 8583
2 2 (6.90%) PCI DSS
3 1 (3.45%) SLA
3 1 (3.45%) QA
System Software
1 4 (13.79%) Active Directory
2 2 (6.90%) Terminal Server
Systems Management
1 2 (6.90%) Systems Management Server (SMS)
1 2 (6.90%) SCCM
2 1 (3.45%) CA Endevor
Vendors
1 7 (24.14%) IBM
2 6 (20.69%) HP
3 2 (6.90%) Microsoft
4 1 (3.45%) Oracle
4 1 (3.45%) CA
4 1 (3.45%) Wincor Nixdorf
4 1 (3.45%) VeriFone
4 1 (3.45%) ServiceNow
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