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 3 July 2015 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
3 Jul 2015
Same period 2014 Same period 2013
Electronic Funds Transfer (EFT)
Rank 599 584 541
Rank change year-on-year
-15 -43
Contract jobs citing EFT 14 8 16
As % of all contract IT jobs located in the UK 0.025% 0.015% 0.032%
As % of the Miscellaneous category 0.080% 0.047% 0.097%
Number of daily rates quoted 8 3 1
Average daily rate
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£400 £500 £160
Average daily rate % change year-on-year
-20.00% +212.50%
UK excluding London average daily rate £400 - £160
Number of hourly rates quoted 0 0 1
Average hourly rate - - £15.50
UK excluding London average 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
17514 16879 16449
As % of all contract IT jobs located in the UK 31.37% 31.89% 33.40%
Number of daily rates quoted 10919 10366 9706
Average daily rate £415 £400 £425
Average daily rate % change year-on-year
+3.75% -5.88%
90% offered a daily rate of more than £250 £238 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 651 644 726
Average hourly rate £19.00 £21.00 £22.50
Average hourly rate % change year-on-year
-9.52% -6.66%
90% offered a hourly rate of more than £12.25 £12.50 £12.50
10% offered a hourly rate of more than £46.50 £42.85 £43.00
UK excluding London average hourly rate £19.00 £22.50 £20.50
% change year-on-year
-15.55% +9.75%

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 9 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 3 July 2015. 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 14 £400 -20.00% 2
East of England - 7 £400 - 1
London -12 6 £400 -20.00% 1
Suffolk - 5 £400 -
Ipswich - 5 £400 -
City of London - 3 £400 - 1
East Anglia - 1 - -
South East - 1 - -
Essex - 1 - -

EFT
Top 30 Related IT Skills

For the 6 months to 3 July 2015, 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 17 (68.00%) Finance
2 14 (56.00%) Cash Management
3 13 (52.00%) QA
4 12 (48.00%) Banking
5 11 (44.00%) User Acceptance Testing
5 11 (44.00%) HP Quality Center
5 11 (44.00%) HP
6 10 (40.00%) PeopleSoft
6 10 (40.00%) Team Foundation Server
6 10 (40.00%) Integration Testing
7 9 (36.00%) Waterfall
8 7 (28.00%) Agile Software Development
8 7 (28.00%) E-Commerce
9 6 (24.00%) EPoS
9 6 (24.00%) Regression Testing
10 5 (20.00%) ISO 8583
10 5 (20.00%) ATM
10 5 (20.00%) EFTPOS
10 5 (20.00%) System Integration Testing
11 4 (16.00%) Coaching
11 4 (16.00%) Retail
11 4 (16.00%) Bankmaster
11 4 (16.00%) Supply Chain Management
11 4 (16.00%) Project Planning
11 4 (16.00%) SAP FSCM
11 4 (16.00%) Smartcard
11 4 (16.00%) Mobile Commerce
11 4 (16.00%) SAP
11 4 (16.00%) SQL
12 3 (12.00%) SAP FI

EFT
Top Related IT Skills by Category

For the 6 months to 3 July 2015, 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.

Applications
1 1 (4.00%) MS Excel
Business Applications
1 4 (16.00%) Bankmaster
1 4 (16.00%) SAP FSCM
2 3 (12.00%) SAP FI
2 3 (12.00%) SAP FI/CO
2 3 (12.00%) SAP CO
3 1 (4.00%) BASE24
3 1 (4.00%) Dynamics NAV
3 1 (4.00%) Dynamics AX
3 1 (4.00%) Oracle EBS R12
3 1 (4.00%) Oracle Retail
3 1 (4.00%) Oracle Financials
Cloud Services
1 1 (4.00%) Sage Pay
Communications & Networking
1 5 (20.00%) ATM
2 1 (4.00%) HTTP
2 1 (4.00%) TCP/IP
2 1 (4.00%) RTSP
Database & Business Intelligence
1 1 (4.00%) SQL Server
1 1 (4.00%) DataStage
1 1 (4.00%) SQL Server Reporting Services
1 1 (4.00%) NonStop SQL
1 1 (4.00%) SQL Server Integration Services
1 1 (4.00%) SQL Server Analysis Services
1 1 (4.00%) SQL Server 2008
1 1 (4.00%) Oracle BI Publisher
Development Applications
1 10 (40.00%) Team Foundation Server
2 1 (4.00%) WebDriver
2 1 (4.00%) Cucumber
2 1 (4.00%) Bitbucket
2 1 (4.00%) Calabash
2 1 (4.00%) eggPlant
2 1 (4.00%) Appium
2 1 (4.00%) JMeter
2 1 (4.00%) Subversion
2 1 (4.00%) JIRA
2 1 (4.00%) Selenium
2 1 (4.00%) Git (software)
General
1 17 (68.00%) Finance
2 12 (48.00%) Banking
3 4 (16.00%) Retail
4 1 (4.00%) Billing
Job Titles
1 13 (52.00%) Analyst
2 8 (32.00%) QA Analyst
3 6 (24.00%) Test Analyst
4 5 (20.00%) Lead Test Analyst
4 5 (20.00%) QA Test Analyst
5 4 (16.00%) QA Leader
5 4 (16.00%) Lead Tester
5 4 (16.00%) Consultant
5 4 (16.00%) Tester
6 3 (12.00%) SAP Consultant
7 2 (8.00%) QA Tester
7 2 (8.00%) Business Analyst
7 2 (8.00%) SAP FI/CO Consultant
8 1 (4.00%) Technical Analyst
8 1 (4.00%) Senior Analyst
8 1 (4.00%) Functional Consultant
8 1 (4.00%) Test Engineer
8 1 (4.00%) Oracle Consultant
8 1 (4.00%) Senior Technical Analyst
8 1 (4.00%) SAP CO Consultant
Libraries, Frameworks & Software Standards
1 2 (8.00%) XML
2 1 (4.00%) JSON
2 1 (4.00%) REST
2 1 (4.00%) Gherkin
2 1 (4.00%) AngularJS
2 1 (4.00%) HTML
2 1 (4.00%) .NET
2 1 (4.00%) CSS
2 1 (4.00%) SOAP
2 1 (4.00%) Web Services
Miscellaneous
1 6 (24.00%) EPoS
2 5 (20.00%) EFTPOS
3 4 (16.00%) Smartcard
4 3 (12.00%) APACS
4 3 (12.00%) Smart Meter
4 3 (12.00%) SWIFT
5 2 (8.00%) EMV
6 1 (4.00%) Chip and PIN
6 1 (4.00%) Video on Demand
6 1 (4.00%) Tandem
6 1 (4.00%) IPTV
6 1 (4.00%) Mobile Payment
6 1 (4.00%) Analytical Skills
Operating Systems
1 1 (4.00%) UNIX
1 1 (4.00%) Windows
1 1 (4.00%) Android
1 1 (4.00%) Apple iOS
Processes & Methodologies
1 14 (56.00%) Cash Management
2 11 (44.00%) User Acceptance Testing
3 10 (40.00%) Integration Testing
4 9 (36.00%) Waterfall
5 7 (28.00%) E-Commerce
5 7 (28.00%) Agile Software Development
6 6 (24.00%) Regression Testing
7 5 (20.00%) System Integration Testing
8 4 (16.00%) Coaching
8 4 (16.00%) Supply Chain Management
8 4 (16.00%) Mobile Commerce
8 4 (16.00%) Project Planning
9 2 (8.00%) Test Strategy
9 2 (8.00%) Project Management
9 2 (8.00%) Business Intelligence
9 2 (8.00%) People Management
10 1 (4.00%) SDLC
10 1 (4.00%) CRM
10 1 (4.00%) ERP
10 1 (4.00%) ETL
Programming Languages
1 4 (16.00%) SQL
2 1 (4.00%) Shell Script
2 1 (4.00%) Ruby
2 1 (4.00%) Korn
2 1 (4.00%) C-shell
2 1 (4.00%) Java
2 1 (4.00%) JavaScript
Qualifications
1 3 (12.00%) ISEB
1 3 (12.00%) ISTQB
2 2 (8.00%) Degree
Quality Assurance & Compliance
1 13 (52.00%) QA
2 5 (20.00%) ISO 8583
Systems Management
1 11 (44.00%) HP Quality Center
Vendors
1 11 (44.00%) HP
2 10 (40.00%) PeopleSoft
3 4 (16.00%) SAP
4 2 (8.00%) Oracle
5 1 (4.00%) Cognos
5 1 (4.00%) Microsoft
5 1 (4.00%) SunGard
5 1 (4.00%) Epicor
5 1 (4.00%) JD Edwards
5 1 (4.00%) Sage
5 1 (4.00%) Salesforce.com
5 1 (4.00%) VMware
5 1 (4.00%) Wincor Nixdorf
5 1 (4.00%) NetSuite
5 1 (4.00%) VocaLink
5 1 (4.00%) TSYS
5 1 (4.00%) VeriFone
5 1 (4.00%) Twitter
5 1 (4.00%) Xamarin
5 1 (4.00%) WorldPay
City of London
Interquest - IQ Public Sector
Rate: £450 - £500 per day + expenses
Posted: 16 days ago