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 22 January 2017 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
22 Jan 2017
Same period 2016 Same period 2015
Electronic Funds Transfer (EFT)
UK
Rank 563 609 599
Rank change year-on-year
+46 -10
Contract jobs citing EFT 18 9 17
As % of all contract IT jobs located in the UK 0.041% 0.018% 0.033%
As % of the Miscellaneous category 0.13% 0.054% 0.11%
Number of daily rates quoted 9 5 5
Median daily rate £150 £358 £300
Median daily rate % change year-on-year
-58.04% +19.16%
90% offered a daily rate of more than £148 £201 £246
10% offered a daily rate of more than £463 £398 £370
UK excluding London median daily rate £150 £366 £300
% change year-on-year
-59.04% +22.08%
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
14313 16654 15991
As % of all contract IT jobs located in the UK 32.49% 32.80% 31.51%
Number of daily rates quoted 9149 10570 10037
Median daily rate £438 £425 £418
Median daily rate % change year-on-year
+2.94% +1.79%
90% offered a daily rate of more than £250 £240 £240
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £390 £375 £365
% change year-on-year
+4.00% +2.73%
Number of hourly rates quoted 531 705 655
Median hourly rate £21.04 £21.50 £17.55
Median hourly rate % change year-on-year
-2.16% +22.50%
90% offered a hourly rate of more than £11.33 £12.50 £11.50
10% offered a hourly rate of more than £49.00 £50.99 £40.00
UK excluding London median hourly rate £19.30 £21.50 £17.50
% change year-on-year
-10.22% +22.85%

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 22 January 2017.

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 22 January 2017. 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 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 +48 18 £150 -59.04% 1
Hertfordshire - 8 £150 -
East of England - 8 £150 -
Welwyn Garden City - 7 £150 -
Northampton - 4 £463 -
Northamptonshire - 4 £463 -
East Midlands - 4 £463 -
London +5 2 - - 1
North East - 2 - -
South East - 2 - -
Tyne and Wear - 2 - -
Sunderland - 2 - -
Luton - 1 £150 -
Bedfordshire - 1 £150 -

EFT
Top 30 Related IT Skills

For the 6 months to 22 January 2017, 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 17 (56.67%) Analytical Skills
2 16 (53.33%) Linux
3 14 (46.67%) Unix
3 14 (46.67%) Windows
4 12 (40.00%) SQL
5 11 (36.67%) QA
6 9 (30.00%) FTP
6 9 (30.00%) Internet
7 8 (26.67%) Finance
8 6 (20.00%) BASE24
8 6 (20.00%) Technical Analysis
9 5 (16.67%) Banking
10 4 (13.33%) BPR
10 4 (13.33%) HP
10 4 (13.33%) RDBMS
10 4 (13.33%) Business Analysis
10 4 (13.33%) NonStop SQL
10 4 (13.33%) Incident Management
10 4 (13.33%) Use Case
10 4 (13.33%) Security Management
10 4 (13.33%) Relational Database
10 4 (13.33%) Trend Analysis
10 4 (13.33%) Product Management
10 4 (13.33%) Target Operating Model
10 4 (13.33%) Thales
11 3 (10.00%) FIS
11 3 (10.00%) VeriFone
11 3 (10.00%) Mobile Commerce
11 3 (10.00%) Migration
11 3 (10.00%) ISO 8583

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%) Payment Gateway
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 2 (6.67%) ATM
2 2 (6.67%) Cisco ASA
2 2 (6.67%) Firewall
2 2 (6.67%) Network Security
Database & Business Intelligence
1 4 (13.33%) NonStop SQL
1 4 (13.33%) RDBMS
1 4 (13.33%) Relational Database
2 1 (3.33%) PowerCenter
Development Applications
1 2 (6.67%) VersaTest
General
1 8 (26.67%) Finance
2 5 (16.67%) Banking
3 2 (6.67%) Financial Institution
4 1 (3.33%) Retail
Job Titles
1 12 (40.00%) Service Desk Engineer
2 5 (16.67%) Support Engineer
3 4 (13.33%) Applications Support
4 3 (10.00%) Analyst
4 3 (10.00%) Applications Engineer
4 3 (10.00%) Applications Support Engineer
4 3 (10.00%) BASE24 Developer
4 3 (10.00%) Consultant
4 3 (10.00%) Developer
4 3 (10.00%) Service Desk Support
5 2 (6.67%) Check Point Consultant
5 2 (6.67%) Customer Engineer
5 2 (6.67%) Customer Support Engineer
5 2 (6.67%) Firewall Consultant
5 2 (6.67%) Migration Engineer
5 2 (6.67%) Network Consultant
5 2 (6.67%) Network Security Consultant
5 2 (6.67%) Security Consultant
6 1 (3.33%) Infrastructure Engineer
6 1 (3.33%) Service Analyst
Libraries, Frameworks & Software Standards
1 1 (3.33%) HTML
1 1 (3.33%) Web Services
Miscellaneous
1 17 (56.67%) Analytical Skills
2 3 (10.00%) EFTPOS
2 3 (10.00%) Smartcard
3 2 (6.67%) Data Centre
3 2 (6.67%) EPoS
3 2 (6.67%) Mainframe
Operating Systems
1 16 (53.33%) Linux
2 14 (46.67%) Unix
2 14 (46.67%) Windows
3 2 (6.67%) Red Hat Enterprise Linux
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%) E-Commerce
3 3 (10.00%) Migration
3 3 (10.00%) Mobile Commerce
4 1 (3.33%) Agile Software Development
4 1 (3.33%) Change Management
4 1 (3.33%) ETL
4 1 (3.33%) ITIL
4 1 (3.33%) Open Source
4 1 (3.33%) PRINCE2
4 1 (3.33%) Problem Management
4 1 (3.33%) Risk Analysis
Programming Languages
1 12 (40.00%) SQL
2 1 (3.33%) Java
2 1 (3.33%) PHP
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%) FIS
2 3 (10.00%) Red Hat
2 3 (10.00%) VeriFone
3 2 (6.67%) CheckPoint
3 2 (6.67%) Cisco
3 2 (6.67%) F5
3 2 (6.67%) IBM
3 2 (6.67%) IronPort
4 1 (3.33%) Fujitsu
4 1 (3.33%) Informatica
4 1 (3.33%) Ingenico
4 1 (3.33%) PayPal
4 1 (3.33%) Splunk
4 1 (3.33%) Toshiba
4 1 (3.33%) Wincor Nixdorf
4 1 (3.33%) WorldPay