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 30 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
30 Jul 2015
Same period 2014 Same period 2013
Electronic Funds Transfer (EFT)
Rank 608 608 561
Rank change year-on-year
0 -47
Contract jobs citing EFT 20 7 15
As % of all contract IT jobs located in the UK 0.035% 0.013% 0.029%
As % of the Miscellaneous category 0.11% 0.040% 0.089%
Number of daily rates quoted 11 3 2
Average daily rate
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£400 £475 £153
Average daily rate % change year-on-year
-15.78% +211.47%
UK excluding London average daily rate £400 £507 £153
% change year-on-year
-21.06% +232.29%
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
18056 17465 16882
As % of all contract IT jobs located in the UK 31.65% 31.94% 33.03%
Number of daily rates quoted 11374 10594 10000
Average daily rate £418 £400 £425
Average daily rate % change year-on-year
+4.37% -5.88%
90% offered a daily rate of more than £250 £238 £240
10% offered a daily rate of more than £608 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 676 671 742
Average hourly rate £20.00 £20.50 £22.00
Average hourly rate % change year-on-year
-2.43% -6.81%
90% offered a hourly rate of more than £12.25 £12.50 £12.50
10% offered a hourly rate of more than £47.83 £45.00 £42.50
UK excluding London average hourly rate £19.08 £21.12 £20.00
% change year-on-year
-9.63% +5.57%

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 30 July 2015.

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 average contractor rates quoted in IT jobs citing EFT within the UK over the 3 months to 30 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 -15 20 £400 -15.78% 1
East of England - 9 £400 -
London +6 8 £413 -13.15% 1
Suffolk - 5 £400 -
Ipswich - 5 £400 -
City of London - 3 £400 -
Essex - 2 - -
North West - 2 £350 -
South East - 1 - -
Hertfordshire - 1 - -
East Anglia - 1 - -
Manchester - 1 £425 -
Welwyn Garden City - 1 - -
Cheshire - 1 £275 -

EFT
Top 30 Related IT Skills

For the 6 months to 30 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 20 (64.52%) Finance
2 14 (45.16%) QA
2 14 (45.16%) Cash Management
3 12 (38.71%) Banking
4 11 (35.48%) HP Quality Center
4 11 (35.48%) User Acceptance Testing
4 11 (35.48%) HP
5 10 (32.26%) PeopleSoft
5 10 (32.26%) Team Foundation Server
5 10 (32.26%) Integration Testing
6 9 (29.03%) Waterfall
7 7 (22.58%) Agile Software Development
7 7 (22.58%) E-Commerce
7 7 (22.58%) EPoS
7 7 (22.58%) ISO 8583
8 6 (19.35%) Regression Testing
8 6 (19.35%) EFTPOS
8 6 (19.35%) ATM
9 5 (16.13%) SQL
9 5 (16.13%) System Integration Testing
10 4 (12.90%) Coaching
10 4 (12.90%) APACS
10 4 (12.90%) Retail
10 4 (12.90%) Bankmaster
10 4 (12.90%) Supply Chain Management
10 4 (12.90%) Project Planning
10 4 (12.90%) SAP FSCM
10 4 (12.90%) EMV
10 4 (12.90%) Smartcard
10 4 (12.90%) Mobile Commerce

EFT
Top Related IT Skills by Category

For the 6 months to 30 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 (3.23%) MS Excel
Business Applications
1 4 (12.90%) Bankmaster
1 4 (12.90%) SAP FSCM
2 3 (9.68%) SAP FI
2 3 (9.68%) SAP FI/CO
2 3 (9.68%) SAP CO
3 2 (6.45%) Oracle Financials
3 2 (6.45%) Oracle EBS R12
4 1 (3.23%) Dynamics NAV
4 1 (3.23%) Dynamics AX
4 1 (3.23%) Oracle EBS
4 1 (3.23%) BASE24
4 1 (3.23%) Oracle Retail
Cloud Services
1 2 (6.45%) Sage Pay
Communications & Networking
1 6 (19.35%) ATM
2 1 (3.23%) FTP
2 1 (3.23%) HTTP
2 1 (3.23%) TCP/IP
2 1 (3.23%) Internet
2 1 (3.23%) Firewall
2 1 (3.23%) RTSP
2 1 (3.23%) Cisco ASA
Database & Business Intelligence
1 2 (6.45%) Oracle BI Publisher
2 1 (3.23%) SQL Server
2 1 (3.23%) DataStage
2 1 (3.23%) SQL Server Reporting Services
2 1 (3.23%) NonStop SQL
2 1 (3.23%) SQL Server Integration Services
2 1 (3.23%) SQL Server Analysis Services
2 1 (3.23%) SQL Server 2008
Development Applications
1 10 (32.26%) Team Foundation Server
2 1 (3.23%) WebDriver
2 1 (3.23%) Cucumber
2 1 (3.23%) Bitbucket
2 1 (3.23%) Calabash
2 1 (3.23%) eggPlant
2 1 (3.23%) Appium
2 1 (3.23%) JMeter
2 1 (3.23%) Subversion
2 1 (3.23%) JIRA
2 1 (3.23%) Selenium
2 1 (3.23%) Git (software)
General
1 20 (64.52%) Finance
2 12 (38.71%) Banking
3 4 (12.90%) Retail
4 1 (3.23%) Billing
Job Titles
1 14 (45.16%) Analyst
2 8 (25.81%) QA Analyst
3 7 (22.58%) Test Analyst
4 5 (16.13%) Consultant
4 5 (16.13%) Tester
4 5 (16.13%) Lead Test Analyst
4 5 (16.13%) QA Test Analyst
5 4 (12.90%) QA Leader
5 4 (12.90%) Lead Tester
6 3 (9.68%) SAP Consultant
7 2 (6.45%) Oracle Financials Consultant
7 2 (6.45%) Oracle Financials Functional Consultant
7 2 (6.45%) QA Tester
7 2 (6.45%) Oracle Consultant
7 2 (6.45%) Business Analyst
7 2 (6.45%) Functional Consultant
7 2 (6.45%) Oracle Functional Consultant
7 2 (6.45%) SAP FI/CO Consultant
8 1 (3.23%) Technical Analyst
8 1 (3.23%) Firewall Engineer
Libraries, Frameworks & Software Standards
1 4 (12.90%) XML
2 1 (3.23%) JSON
2 1 (3.23%) REST
2 1 (3.23%) Gherkin
2 1 (3.23%) AngularJS
2 1 (3.23%) HTML
2 1 (3.23%) .NET
2 1 (3.23%) CSS
2 1 (3.23%) SOAP
2 1 (3.23%) Web Services
Miscellaneous
1 7 (22.58%) EPoS
2 6 (19.35%) EFTPOS
3 4 (12.90%) Smartcard
3 4 (12.90%) APACS
3 4 (12.90%) EMV
4 3 (9.68%) Chip and PIN
4 3 (9.68%) Smart Meter
4 3 (9.68%) SWIFT
5 2 (6.45%) Analytical Skills
6 1 (3.23%) Mobile Payment
6 1 (3.23%) Video on Demand
6 1 (3.23%) Tandem
6 1 (3.23%) IPTV
Operating Systems
1 2 (6.45%) UNIX
1 2 (6.45%) Windows
2 1 (3.23%) Linux
2 1 (3.23%) Android
2 1 (3.23%) Apple iOS
Processes & Methodologies
1 14 (45.16%) Cash Management
2 11 (35.48%) User Acceptance Testing
3 10 (32.26%) Integration Testing
4 9 (29.03%) Waterfall
5 7 (22.58%) Agile Software Development
5 7 (22.58%) E-Commerce
6 6 (19.35%) Regression Testing
7 5 (16.13%) System Integration Testing
8 4 (12.90%) Coaching
8 4 (12.90%) Supply Chain Management
8 4 (12.90%) Mobile Commerce
8 4 (12.90%) Project Planning
9 2 (6.45%) Project Management
9 2 (6.45%) CRM
9 2 (6.45%) Business Intelligence
9 2 (6.45%) People Management
9 2 (6.45%) Test Strategy
9 2 (6.45%) Technical Analysis
10 1 (3.23%) SDLC
10 1 (3.23%) ERP
Programming Languages
1 5 (16.13%) SQL
2 1 (3.23%) Shell Script
2 1 (3.23%) Ruby
2 1 (3.23%) Korn
2 1 (3.23%) C-shell
2 1 (3.23%) Java
2 1 (3.23%) JavaScript
Qualifications
1 3 (9.68%) ISEB
1 3 (9.68%) ISTQB
2 2 (6.45%) Degree
Quality Assurance & Compliance
1 14 (45.16%) QA
2 7 (22.58%) ISO 8583
Systems Management
1 11 (35.48%) HP Quality Center
Vendors
1 11 (35.48%) HP
2 10 (32.26%) PeopleSoft
3 4 (12.90%) SAP
3 4 (12.90%) Oracle
4 2 (6.45%) SunGard
4 2 (6.45%) Sage
4 2 (6.45%) VocaLink
4 2 (6.45%) TSYS
4 2 (6.45%) VeriFone
4 2 (6.45%) Wincor Nixdorf
4 2 (6.45%) WorldPay
4 2 (6.45%) Elavon
4 2 (6.45%) Ingenico
5 1 (3.23%) NetSuite
5 1 (3.23%) F5
5 1 (3.23%) Twitter
5 1 (3.23%) Xamarin
5 1 (3.23%) CheckPoint
5 1 (3.23%) Salesforce.com
5 1 (3.23%) VMware