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 18 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
18 Sep 2014
Same period 2013 Same period 2012
Electronic Funds Transfer (EFT)
Rank 604 564 597
Rank change year-on-year
-40 +33
Contract jobs citing EFT 9 20 11
As % of all contract IT jobs located in the UK 0.016% 0.038% 0.019%
As % of the Miscellaneous category 0.051% 0.12% 0.064%
Number of daily rates quoted 5 7 5
Average daily rate
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of your Daily Rate
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£526 £300 £525
Average daily rate % change year-on-year
+75.16% -42.85%
90% offered a daily rate of more than £468 £154 £300
10% offered a daily rate of more than £565 £364 £540
UK excluding London average daily rate £538 £300 £300
% change year-on-year
+79.33% -
Number of hourly rates quoted 0 2 1
Average hourly rate - £34.75 £37.50
Average hourly rate % change year-on-year
- -7.33%
UK excluding London average hourly rate - £34.75 £37.50
% change year-on-year
- -7.33%

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
17571 16146 17261
As % of all contract IT jobs located in the UK 30.54% 31.06% 29.94%
Number of daily rates quoted 10696 9949 9991
Average daily rate £400 £413 £400
Average daily rate % change year-on-year
-3.03% +3.12%
90% offered a daily rate of more than £235 £243 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 731 661 874
Average hourly rate £18.73 £18.00 £25.00
Average hourly rate % change year-on-year
+4.02% -28.00%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £43.00 £42.50 £45.00
UK excluding London average hourly rate £18.90 £17.50 £26.00
% change year-on-year
+8.00% -32.69%

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 18 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 -43 7 £526 +75.16% 3
South West -31 4 £538 +22.97%
Swindon -5 1 £575 +31.42%
London -8 1 £475 -
South East -9 1 - - 1
Wiltshire -12 1 £575 +31.42%
East of England -33 1 - - 1
Yorkshire - - - -
East Midlands - - - -
North East - - - - 1
Milton Keynes - - - -
Nottingham - - - -
Sheffield - - - -
Stevenage - - - -
Watford - - - -
Welwyn Garden City - - - - 1
Buckinghamshire - - - -
Essex - - - -
Hampshire - - - -
Hertfordshire - - - - 1
Nottinghamshire - - - -
South Yorkshire - - - -

EFT
Top 30 Related IT Skills

For the 6 months to 18 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 7 (28.00%) BASE24
1 7 (28.00%) Retail
1 7 (28.00%) ATM
1 7 (28.00%) EPoS
2 6 (24.00%) IBM
2 6 (24.00%) E-Commerce
2 6 (24.00%) UNIX
2 6 (24.00%) Migration
2 6 (24.00%) Project Management
3 5 (20.00%) VisionPLUS
3 5 (20.00%) Tandem
3 5 (20.00%) Java
3 5 (20.00%) HP
3 5 (20.00%) Supplier Management
4 4 (16.00%) ISEB
4 4 (16.00%) Software Engineering
4 4 (16.00%) ISO 8583
5 3 (12.00%) APACS
5 3 (12.00%) Active Directory
5 3 (12.00%) Smartcard
5 3 (12.00%) Mobile Commerce
5 3 (12.00%) Chip and PIN
5 3 (12.00%) EFTPOS
5 3 (12.00%) MS Office
5 3 (12.00%) Windows
5 3 (12.00%) Windows 7
6 2 (8.00%) Windows Server 2012
6 2 (8.00%) SCCM
6 2 (8.00%) PCI DSS
6 2 (8.00%) PowerShell

EFT
Top Related IT Skills by Category

For the 6 months to 18 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 (4.00%) IIS
1 1 (4.00%) Tomcat
1 1 (4.00%) Tuxedo
1 1 (4.00%) CICS
Applications
1 3 (12.00%) MS Office
2 1 (4.00%) MS Excel
Business Applications
1 7 (28.00%) BASE24
2 5 (20.00%) VisionPLUS
3 1 (4.00%) Oracle Payables
3 1 (4.00%) Oracle Receivables
3 1 (4.00%) Oracle Cash Management
Communications & Networking
1 7 (28.00%) ATM
2 1 (4.00%) ADSL
Database & Business Intelligence
1 2 (8.00%) DB2
General
1 7 (28.00%) Retail
2 1 (4.00%) General Ledger
2 1 (4.00%) Back Office
2 1 (4.00%) Banking
Job Titles
1 8 (32.00%) Developer
2 6 (24.00%) Analyst
3 5 (20.00%) Project Manager
4 3 (12.00%) Business Analyst
5 2 (8.00%) Tester
5 2 (8.00%) Architect
5 2 (8.00%) Test Analyst
5 2 (8.00%) Consultant
5 2 (8.00%) Systems Engineer
6 1 (4.00%) Systems Support
6 1 (4.00%) Support Analyst
6 1 (4.00%) Help Desk Analyst
6 1 (4.00%) 1st Line Support
6 1 (4.00%) Java Developer
6 1 (4.00%) Systems Tester
6 1 (4.00%) Help Desk Support
6 1 (4.00%) Help Desk Support Analyst
6 1 (4.00%) Business Consultant
6 1 (4.00%) Systems Architect
6 1 (4.00%) UML Business Analyst
Libraries, Frameworks & Software Standards
1 2 (8.00%) X-Windows
2 1 (4.00%) WebSphere Message Broker
2 1 (4.00%) WebSphere MQ
Miscellaneous
1 7 (28.00%) EPoS
2 5 (20.00%) Tandem
3 3 (12.00%) APACS
3 3 (12.00%) Chip and PIN
3 3 (12.00%) EFTPOS
3 3 (12.00%) Smartcard
4 2 (8.00%) Management Information System
5 1 (4.00%) EMV
5 1 (4.00%) Mainframe
5 1 (4.00%) PKI
5 1 (4.00%) Smart Meter
Operating Systems
1 6 (24.00%) UNIX
2 3 (12.00%) Windows
2 3 (12.00%) Windows 7
3 2 (8.00%) Windows Server 2012
3 2 (8.00%) Mac OS X
3 2 (8.00%) Windows Server 2008
4 1 (4.00%) Windows XP
Processes & Methodologies
1 6 (24.00%) E-Commerce
1 6 (24.00%) Migration
1 6 (24.00%) Project Management
2 5 (20.00%) Supplier Management
3 4 (16.00%) Software Engineering
4 3 (12.00%) Mobile Commerce
5 2 (8.00%) Stakeholder Management
5 2 (8.00%) Agile Software Development
5 2 (8.00%) Data Management
6 1 (4.00%) TOGAF
6 1 (4.00%) ITIL
6 1 (4.00%) UML
6 1 (4.00%) RUP
6 1 (4.00%) Business Analysis
6 1 (4.00%) Service Delivery
6 1 (4.00%) Technical Architecture
6 1 (4.00%) Use Case
6 1 (4.00%) Cash Management
6 1 (4.00%) Requirements Engineering
6 1 (4.00%) Test Strategy
Programming Languages
1 5 (20.00%) Java
2 2 (8.00%) SQL
2 2 (8.00%) PowerShell
2 2 (8.00%) C++
3 1 (4.00%) COBOL
Qualifications
1 4 (16.00%) ISEB
2 1 (4.00%) Microsoft Certification
2 1 (4.00%) A+ Certification
2 1 (4.00%) MCTS
2 1 (4.00%) ISTQB
Quality Assurance & Compliance
1 4 (16.00%) ISO 8583
2 2 (8.00%) PCI DSS
3 1 (4.00%) SLA
System Software
1 3 (12.00%) Active Directory
2 2 (8.00%) Terminal Server
Systems Management
1 2 (8.00%) Systems Management Server (SMS)
1 2 (8.00%) SCCM
2 1 (4.00%) CA Endevor
Vendors
1 6 (24.00%) IBM
2 5 (20.00%) HP
3 1 (4.00%) CA
3 1 (4.00%) Wincor Nixdorf
3 1 (4.00%) VeriFone
3 1 (4.00%) ServiceNow
3 1 (4.00%) Microsoft
3 1 (4.00%) Oracle