The table below looks at the prevalence of the term EFT in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited EFT over the 3 months to 8 December 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
8 Dec 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank 602 638 615
Rank change year-on-year
+36 -23
Contract jobs citing EFT 19 6 18
As % of all contract IT jobs located in the UK 0.038% 0.011% 0.032%
As % of the Miscellaneous category 0.12% 0.033% 0.10%
Number of daily rates quoted 11 3 5
Median daily rate £150 £338 £300
Median daily rate % change year-on-year
-55.55% +12.50%
90% offered a daily rate of more than £128 £156 £246
10% offered a daily rate of more than £463 £398 £370
UK excluding London median daily rate £150 £261 £300
% change year-on-year
-42.58% -12.91%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
16196 18398 17909
As % of all contract IT jobs located in the UK 32.54% 33.32% 31.72%
Number of daily rates quoted 10494 11565 11376
Median daily rate £430 £425 £408
Median daily rate % change year-on-year
+1.17% +4.29%
90% offered a daily rate of more than £238 £250 £235
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 575 788 744
Median hourly rate £19.50 £20.00 £17.00
Median hourly rate % change year-on-year
-2.50% +17.64%
90% offered a hourly rate of more than £12.00 £12.35 £11.00
10% offered a hourly rate of more than £45.00 £45.06 £42.50
UK excluding London median hourly rate £18.53 £19.50 £16.84
% change year-on-year
-5.00% +15.79%

EFT
Jobs Demand Trend

The demand trend of contract jobs citing EFT as a proportion of all IT contracts with a match in 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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing EFT within the UK over the 3 months to 8 December 2016.

EFT Daily Rate Histogram 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 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing EFT within the UK over the 3 months to 8 December 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +38 19 £150 -60.00% 1
East of England +12 9 £150 -
Hertfordshire - 9 £150 -
Welwyn Garden City - 7 £150 -
Northampton - 4 £463 -
East Midlands - 4 £463 -
Northamptonshire - 4 £463 -
London -2 3 - -
South East - 2 - - 1
Tyne and Wear - 1 £525 -
North East - 1 £525 -
Bedfordshire - 1 £150 -
Newcastle upon Tyne - 1 £525 -
Luton - 1 £150 -

EFT
Top 30 Related IT Skills

For the 6 months to 8 December 2016, IT contractor jobs citing EFT also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for EFT.

1 19 (63.33%) Analytical Skills
2 14 (46.67%) Unix
2 14 (46.67%) Windows
2 14 (46.67%) Linux
3 12 (40.00%) SQL
4 11 (36.67%) QA
5 9 (30.00%) FTP
5 9 (30.00%) Internet
6 8 (26.67%) Finance
7 7 (23.33%) NonStop SQL
8 6 (20.00%) BASE24
8 6 (20.00%) Technical Analysis
9 4 (13.33%) Relational Database
9 4 (13.33%) Trend Analysis
9 4 (13.33%) Product Management
9 4 (13.33%) Target Operating Model
9 4 (13.33%) Thales
9 4 (13.33%) Security Management
9 4 (13.33%) Business Analysis
9 4 (13.33%) Banking
9 4 (13.33%) Incident Management
9 4 (13.33%) Use Case
9 4 (13.33%) BPR
9 4 (13.33%) RDBMS
9 4 (13.33%) HP
10 3 (10.00%) Cisco
10 3 (10.00%) Active Directory
10 3 (10.00%) DB2
10 3 (10.00%) E-Commerce
10 3 (10.00%) Data Modelling

EFT
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (3.33%) PowerExchange
Business Applications
1 6 (20.00%) BASE24
2 1 (3.33%) Postilion
2 1 (3.33%) VisionPLUS
Cloud Services
1 1 (3.33%) IaaS
1 1 (3.33%) PaaS
1 1 (3.33%) SaaS
Communications & Networking
1 9 (30.00%) FTP
1 9 (30.00%) Internet
2 3 (10.00%) Cisco ASA
2 3 (10.00%) Firewall
2 3 (10.00%) Network Security
3 2 (6.67%) ATM
Database & Business Intelligence
1 7 (23.33%) NonStop SQL
2 4 (13.33%) RDBMS
2 4 (13.33%) Relational Database
3 3 (10.00%) DB2
4 1 (3.33%) PowerCenter
Development Applications
1 2 (6.67%) VersaTest
General
1 8 (26.67%) Finance
2 4 (13.33%) Banking
3 2 (6.67%) Financial Institution
4 1 (3.33%) Retail
Job Titles
1 12 (40.00%) Service Desk Engineer
2 4 (13.33%) Applications Support
2 4 (13.33%) Consultant
3 3 (10.00%) Analyst
3 3 (10.00%) Applications Engineer
3 3 (10.00%) Applications Support Engineer
3 3 (10.00%) BASE24 Developer
3 3 (10.00%) Check Point Consultant
3 3 (10.00%) Developer
3 3 (10.00%) Firewall Consultant
3 3 (10.00%) Network Consultant
3 3 (10.00%) Network Security Consultant
3 3 (10.00%) Security Consultant
3 3 (10.00%) Service Desk Support
3 3 (10.00%) Support Engineer
4 1 (3.33%) BASE24 Specialist
4 1 (3.33%) Informatica Engineer
4 1 (3.33%) Payments Business Analyst
4 1 (3.33%) Product Consultant
4 1 (3.33%) Service Analyst
Libraries, Frameworks & Software Standards
1 1 (3.33%) Web Services
Miscellaneous
1 19 (63.33%) Analytical Skills
2 3 (10.00%) Data Centre
2 3 (10.00%) EFTPOS
2 3 (10.00%) Smartcard
2 3 (10.00%) Tandem
3 2 (6.67%) EPoS
Operating Systems
1 14 (46.67%) Linux
1 14 (46.67%) Unix
1 14 (46.67%) Windows
Processes & Methodologies
1 6 (20.00%) Technical Analysis
2 4 (13.33%) BPR
2 4 (13.33%) Business Analysis
2 4 (13.33%) Incident Management
2 4 (13.33%) Product Management
2 4 (13.33%) Security Management
2 4 (13.33%) Target Operating Model
2 4 (13.33%) Trend Analysis
2 4 (13.33%) Use Case
3 3 (10.00%) Data Modelling
3 3 (10.00%) E-Commerce
3 3 (10.00%) Mobile Commerce
4 1 (3.33%) Change Management
4 1 (3.33%) ETL
4 1 (3.33%) Integration Testing
4 1 (3.33%) ITIL
4 1 (3.33%) Performance Testing
4 1 (3.33%) Problem Management
4 1 (3.33%) Risk Analysis
4 1 (3.33%) User Acceptance Testing
Programming Languages
1 12 (40.00%) SQL
2 3 (10.00%) COBOL
Quality Assurance & Compliance
1 11 (36.67%) QA
2 3 (10.00%) ISO 8583
System Software
1 3 (10.00%) Active Directory
2 1 (3.33%) KVM
Vendors
1 4 (13.33%) HP
1 4 (13.33%) Thales
2 3 (10.00%) CheckPoint
2 3 (10.00%) Cisco
2 3 (10.00%) F5
2 3 (10.00%) FIS
2 3 (10.00%) IronPort
2 3 (10.00%) VeriFone
3 1 (3.33%) Fujitsu
3 1 (3.33%) Informatica
3 1 (3.33%) Ingenico
3 1 (3.33%) PayPal
3 1 (3.33%) Red Hat
3 1 (3.33%) Splunk
3 1 (3.33%) Toshiba
3 1 (3.33%) Wincor Nixdorf
3 1 (3.33%) WorldPay