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 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank 615 602 576
Rank change year-on-year
-13 -26
Contract jobs citing EFT 9 14 10
As % of all contract IT jobs located in the UK 0.017% 0.027% 0.020%
As % of the Miscellaneous category 0.054% 0.087% 0.063%
Number of daily rates quoted 5 2 3
Average daily rate £358 £363 £425
Average daily rate % change year-on-year
-1.37% -14.70%
UK excluding London average daily rate £366 £363 £425
% change year-on-year
+1.03% -14.70%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £14.75
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
16621 16104 15941
As % of all contract IT jobs located in the UK 32.28% 31.17% 32.21%
Number of daily rates quoted 10722 10019 9648
Average daily rate £425 £415 £405
Average daily rate % change year-on-year
+2.40% +2.46%
90% offered a daily rate of more than £250 £245 £230
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £375 £370 £350
% change year-on-year
+1.35% +5.71%
Number of hourly rates quoted 670 687 656
Average hourly rate £21.75 £18.00 £19.00
Average hourly rate % change year-on-year
+20.83% -5.26%
90% offered a hourly rate of more than £12.50 £11.50 £11.51
10% offered a hourly rate of more than £52.63 £40.00 £42.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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
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 9 February 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 6 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 9 February 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
(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 -35 7 £366 +1.03%
London +8 4 £338 -
West Midlands - 3 £375 -
Edinburgh - 2 £110 -
Scotland - 2 £110 -
Coventry - 1 £375 -

EFT
Top 30 Related IT Skills

For the 6 months to 9 February 2016, 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 6 (46.15%) EPoS
2 4 (30.77%) EMV
2 4 (30.77%) ISO 8583
2 4 (30.77%) Retail
2 4 (30.77%) Wincor Nixdorf
2 4 (30.77%) VeriFone
2 4 (30.77%) WorldPay
3 3 (23.08%) Contactless
3 3 (23.08%) Smartcard
3 3 (23.08%) Mobile Commerce
3 3 (23.08%) BASE24
3 3 (23.08%) EFTPOS
3 3 (23.08%) Finance
3 3 (23.08%) E-Commerce
4 2 (15.38%) ATM
4 2 (15.38%) Unit Testing
4 2 (15.38%) System Integration Testing
4 2 (15.38%) Supplier Management
4 2 (15.38%) F5
5 1 (7.69%) High Availability
5 1 (7.69%) Oracle BI Publisher
5 1 (7.69%) Sage Pay
5 1 (7.69%) Elavon
5 1 (7.69%) Ingenico
5 1 (7.69%) FMCG
5 1 (7.69%) VMware Infrastructure
5 1 (7.69%) Spreadsheet
5 1 (7.69%) Cisco ASA
5 1 (7.69%) Red Hat Enterprise Linux
5 1 (7.69%) Oracle EBS R12

EFT
Top Related IT Skills by Category

For the 6 months to 9 February 2016, 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 (7.69%) Apache
1 1 (7.69%) IBM HTTP Server
1 1 (7.69%) MQSeries
1 1 (7.69%) WebSphere
1 1 (7.69%) WebSphere Application Server
Applications
1 1 (7.69%) Spreadsheet
Business Applications
1 3 (23.08%) BASE24
2 1 (7.69%) Oracle EBS R12
2 1 (7.69%) Oracle Financials
Cloud Services
1 1 (7.69%) Sage Pay
Communications & Networking
1 2 (15.38%) ATM
2 1 (7.69%) Cisco ASA
2 1 (7.69%) Firewall
2 1 (7.69%) HTTP
Database & Business Intelligence
1 1 (7.69%) DB2
1 1 (7.69%) Oracle BI Publisher
Development Applications
1 1 (7.69%) Bugzilla
General
1 4 (30.77%) Retail
2 3 (23.08%) Finance
3 1 (7.69%) Banking
Job Titles
1 4 (30.77%) Project Manager
2 2 (15.38%) Analyst
2 2 (15.38%) Business Analyst
2 2 (15.38%) Tester
3 1 (7.69%) Administrator
3 1 (7.69%) Consultant
3 1 (7.69%) Functional Consultant
3 1 (7.69%) IT Manager
3 1 (7.69%) IT Project Manager
3 1 (7.69%) Linux Administrator
3 1 (7.69%) Linux Systems Administrator
3 1 (7.69%) Oracle Consultant
3 1 (7.69%) Oracle Financials Consultant
3 1 (7.69%) Oracle Financials Functional Consultant
3 1 (7.69%) Oracle Functional Consultant
3 1 (7.69%) Senior Systems Administrator
3 1 (7.69%) Systems Administrator
3 1 (7.69%) Unix Administrator
3 1 (7.69%) Unix Systems Administrator
3 1 (7.69%) WebSphere Administrator
Libraries, Frameworks & Software Standards
1 1 (7.69%) J2EE
1 1 (7.69%) RabbitMQ
1 1 (7.69%) XML
Miscellaneous
1 6 (46.15%) EPoS
2 4 (30.77%) EMV
3 3 (23.08%) Contactless
3 3 (23.08%) EFTPOS
3 3 (23.08%) Smartcard
4 1 (7.69%) APACS
4 1 (7.69%) Chip and PIN
4 1 (7.69%) Clustering
4 1 (7.69%) FMCG
4 1 (7.69%) Foreign Exchange (FX)
Operating Systems
1 1 (7.69%) Linux
1 1 (7.69%) Red Hat Enterprise Linux
1 1 (7.69%) SUSE
1 1 (7.69%) Unix
Processes & Methodologies
1 3 (23.08%) E-Commerce
1 3 (23.08%) Mobile Commerce
2 2 (15.38%) Supplier Management
2 2 (15.38%) System Integration Testing
2 2 (15.38%) Unit Testing
3 1 (7.69%) Agile Software Development
3 1 (7.69%) Budget Control
3 1 (7.69%) Business Intelligence
3 1 (7.69%) CRM
3 1 (7.69%) High Availability
3 1 (7.69%) Migration
3 1 (7.69%) PRINCE2
3 1 (7.69%) Risk Analysis
Programming Languages
1 1 (7.69%) Bash Shell
1 1 (7.69%) Java
1 1 (7.69%) Shell Script
Quality Assurance & Compliance
1 4 (30.77%) ISO 8583
System Software
1 1 (7.69%) VMware ESX
1 1 (7.69%) VMware Infrastructure
Vendors
1 4 (30.77%) VeriFone
1 4 (30.77%) Wincor Nixdorf
1 4 (30.77%) WorldPay
2 2 (15.38%) F5
3 1 (7.69%) CheckPoint
3 1 (7.69%) Cisco
3 1 (7.69%) Elavon
3 1 (7.69%) IBM
3 1 (7.69%) Ingenico
3 1 (7.69%) Oracle
3 1 (7.69%) Red Hat
3 1 (7.69%) Sage
3 1 (7.69%) SunGard
3 1 (7.69%) TSYS
3 1 (7.69%) VMware
3 1 (7.69%) VocaLink