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 7 May 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
7 May 2015
Same period 2014 Same period 2013
Electronic Funds Transfer (EFT)
Rank 593 573 539
Rank change year-on-year
-20 -34
Contract jobs citing EFT 10 28 13
As % of all contract IT jobs located in the UK 0.018% 0.051% 0.027%
As % of the Miscellaneous category 0.059% 0.16% 0.087%
Number of daily rates quoted 5 12 1
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£340 £463 £375
Average daily rate % change year-on-year
-26.56% +23.46%
UK excluding London average daily rate £365 £350 -
% change year-on-year
+4.28% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
16895 17192 14860
As % of all contract IT jobs located in the UK 30.34% 31.01% 31.23%
Number of daily rates quoted 10394 10667 8848
Average daily rate £420 £405 £425
Average daily rate % change year-on-year
+3.70% -4.70%
90% offered a daily rate of more than £250 £235 £245
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 642 676 623
Average hourly rate £18.95 £21.50 £23.33
Average hourly rate % change year-on-year
-11.86% -7.84%
90% offered a hourly rate of more than £11.50 £11.91 £12.42
10% offered a hourly rate of more than £45.60 £42.50 £45.00
UK excluding London average hourly rate £19.00 £22.50 £22.00
% change year-on-year
-15.55% +2.27%

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 7 May 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 7 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 7 May 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 -22 9 £340 -26.56% 2
London -10 7 £320 -36.00% 2
Brentford - 2 £315 -
City of London +15 1 - -
South East -9 1 - -
North West - 1 £365 -
Manchester - 1 £365 -

EFT
Top 30 Related IT Skills

For the 6 months to 7 May 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 8 (34.78%) ISO 8583
1 8 (34.78%) EPoS
2 7 (30.43%) E-Commerce
2 7 (30.43%) ATM
3 6 (26.09%) EMV
3 6 (26.09%) EFTPOS
3 6 (26.09%) Finance
4 5 (21.74%) APACS
4 5 (21.74%) Chip and PIN
5 4 (17.39%) Sage
5 4 (17.39%) Smartcard
5 4 (17.39%) Mobile Commerce
5 4 (17.39%) HTTPS
5 4 (17.39%) FTP
5 4 (17.39%) HTTP
5 4 (17.39%) VPN
5 4 (17.39%) SQL
5 4 (17.39%) ActionScript
5 4 (17.39%) SAP
5 4 (17.39%) Bankmaster
5 4 (17.39%) Agile Software Development
5 4 (17.39%) Firewall
5 4 (17.39%) Supply Chain Management
5 4 (17.39%) Wincor Nixdorf
5 4 (17.39%) Project Planning
5 4 (17.39%) SAP FSCM
5 4 (17.39%) Cash Management
5 4 (17.39%) VocaLink
5 4 (17.39%) TSYS
5 4 (17.39%) VeriFone

EFT
Top Related IT Skills by Category

For the 6 months to 7 May 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.

Application Platforms
1 2 (8.70%) OpenStack
Applications
1 2 (8.70%) MS Office
2 1 (4.35%) MS Excel
Business Applications
1 4 (17.39%) Bankmaster
1 4 (17.39%) SAP FSCM
2 3 (13.04%) SAP FI
2 3 (13.04%) SAP CO
2 3 (13.04%) SAP FI/CO
3 1 (4.35%) Oracle Retail
3 1 (4.35%) Dynamics NAV
3 1 (4.35%) Dynamics AX
3 1 (4.35%) BASE24
Cloud Services
1 4 (17.39%) Sage Pay
Communications & Networking
1 7 (30.43%) ATM
2 4 (17.39%) HTTPS
2 4 (17.39%) FTP
2 4 (17.39%) HTTP
2 4 (17.39%) VPN
2 4 (17.39%) Firewall
3 3 (13.04%) SSH
4 1 (4.35%) SSL
Database & Business Intelligence
1 1 (4.35%) SQL Server Analysis Services
1 1 (4.35%) SQL Server 2008
1 1 (4.35%) SQL Server Integration Services
1 1 (4.35%) NonStop SQL
1 1 (4.35%) SQL Server Reporting Services
1 1 (4.35%) SQL Server
1 1 (4.35%) DataStage
Development Applications
1 1 (4.35%) Jenkins
1 1 (4.35%) Git (software)
1 1 (4.35%) Bugzilla
1 1 (4.35%) Subversion
General
1 6 (26.09%) Finance
2 3 (13.04%) Retail
3 2 (8.70%) Banking
4 1 (4.35%) Marketing
Job Titles
1 10 (43.48%) Analyst
2 3 (13.04%) Tester
2 3 (13.04%) Consultant
2 3 (13.04%) Support Analyst
2 3 (13.04%) Applications Support
2 3 (13.04%) Applications Support Analyst
2 3 (13.04%) SAP Consultant
3 2 (8.70%) Business Analyst
3 2 (8.70%) SAP FI/CO Consultant
3 2 (8.70%) Test Analyst
4 1 (4.35%) DevOps Engineer
4 1 (4.35%) Lead Tester
4 1 (4.35%) Sales Director
4 1 (4.35%) Test Leader
4 1 (4.35%) Senior Analyst
4 1 (4.35%) Software Engineer
4 1 (4.35%) Test Manager
4 1 (4.35%) SAP CO Consultant
4 1 (4.35%) Technical Analyst
4 1 (4.35%) SAP FI Consultant
Libraries, Frameworks & Software Standards
1 1 (4.35%) .NET
Miscellaneous
1 8 (34.78%) EPoS
2 6 (26.09%) EMV
2 6 (26.09%) EFTPOS
3 5 (21.74%) APACS
3 5 (21.74%) Chip and PIN
4 4 (17.39%) Smartcard
5 2 (8.70%) Smart Meter
6 1 (4.35%) Mobile Payment
6 1 (4.35%) Analytical Skills
6 1 (4.35%) Open Source
6 1 (4.35%) Tandem
Operating Systems
1 2 (8.70%) UNIX
1 2 (8.70%) Linux
1 2 (8.70%) Ubuntu
2 1 (4.35%) Windows Server 2008
2 1 (4.35%) Windows
Processes & Methodologies
1 7 (30.43%) E-Commerce
2 4 (17.39%) Mobile Commerce
2 4 (17.39%) Agile Software Development
2 4 (17.39%) Supply Chain Management
2 4 (17.39%) Project Planning
2 4 (17.39%) Cash Management
3 2 (8.70%) Migration
3 2 (8.70%) Software Engineering
3 2 (8.70%) Incident Management
3 2 (8.70%) Use Case
3 2 (8.70%) People Management
3 2 (8.70%) Analytics
4 1 (4.35%) Bug Management
4 1 (4.35%) Technical Analysis
4 1 (4.35%) DevOps
4 1 (4.35%) Waterfall
4 1 (4.35%) Test Strategy
4 1 (4.35%) User Acceptance Testing
4 1 (4.35%) Continuous Integration
4 1 (4.35%) Time Management
Programming Languages
1 4 (17.39%) SQL
1 4 (17.39%) ActionScript
1 4 (17.39%) ActionScript 2.0
2 3 (13.04%) PowerShell
3 1 (4.35%) C-shell
3 1 (4.35%) Korn
3 1 (4.35%) Python
3 1 (4.35%) C++
3 1 (4.35%) Java
3 1 (4.35%) Shell Script
Qualifications
1 2 (8.70%) Degree
2 1 (4.35%) ISTQB
2 1 (4.35%) ISEB
Quality Assurance & Compliance
1 8 (34.78%) ISO 8583
2 2 (8.70%) QA
System Software
1 2 (8.70%) vSphere
Vendors
1 4 (17.39%) Sage
1 4 (17.39%) SAP
1 4 (17.39%) Wincor Nixdorf
1 4 (17.39%) VocaLink
1 4 (17.39%) TSYS
1 4 (17.39%) VeriFone
1 4 (17.39%) WorldPay
1 4 (17.39%) Elavon
1 4 (17.39%) Ingenico
2 3 (13.04%) IBM
3 2 (8.70%) Oracle
4 1 (4.35%) Twitter
4 1 (4.35%) NetSuite
4 1 (4.35%) VMware
4 1 (4.35%) Cognos
4 1 (4.35%) Microsoft
4 1 (4.35%) HP
4 1 (4.35%) Epicor
4 1 (4.35%) JD Edwards