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 21 November 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
21 Nov 2014
Same period 2013 Same period 2012
Electronic Funds Transfer (EFT)
Rank 589 568 549
Rank change year-on-year
-21 -19
Contract jobs citing EFT 18 10 15
As % of all contract IT jobs located in the UK 0.032% 0.019% 0.029%
As % of the Miscellaneous category 0.10% 0.061% 0.097%
Number of daily rates quoted 5 4 8
Average daily rate
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£300 £363 £310
Average daily rate % change year-on-year
-17.24% +16.93%
90% offered a daily rate of more than £246 £293 £300
10% offered a daily rate of more than £370 £434 £417
UK excluding London average daily rate £300 £363 £310
% change year-on-year
-17.24% +16.93%
Number of hourly rates quoted 0 2 0
Average hourly rate - £34.75 -
UK excluding London average hourly rate - £34.75 -

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
17250 16386 15389
As % of all contract IT jobs located in the UK 30.23% 31.53% 29.97%
Number of daily rates quoted 10998 10238 8973
Average daily rate £410 £405 £410
Average daily rate % change year-on-year
+1.23% -1.21%
90% offered a daily rate of more than £238 £236 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £360 £350 £350
% change year-on-year
+2.85% -
Number of hourly rates quoted 678 685 806
Average hourly rate £17.00 £20.00 £20.50
Average hourly rate % change year-on-year
-15.00% -2.43%
90% offered a hourly rate of more than £11.00 £12.00 £12.00
10% offered a hourly rate of more than £42.50 £40.23 £43.00
UK excluding London average hourly rate £17.00 £19.00 £20.00
% change year-on-year
-10.52% -5.00%

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 21 November 2014.

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 25 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 21 November 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 -14 18 £300 -17.24% 8
South East -9 13 £300 - 2
Surrey - 5 £300 -
London +1 2 - - 3
East of England -15 2 - - 1
Essex -10 1 - - 1
North West - 1 £325 - 1
Hampshire - - - - 1
Hertfordshire - - - -
Leicestershire - - - -
Nottinghamshire - - - -
South Yorkshire - - - -
Manchester - - - - 1
Newcastle upon Tyne - - - -
Nottingham - - - -
Sheffield - - - -
Stevenage - - - -
Welwyn Garden City - - - -
Yorkshire - - - -
East Midlands - - - -
North East - - - - 1
Tyne and Wear - - - -
Basildon - - - - 1
Camberley - - - -
Leicester - - - -

EFT
Top 30 Related IT Skills

For the 6 months to 21 November 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 8 (30.77%) UNIX
2 7 (26.92%) IBM
2 7 (26.92%) BASE24
2 7 (26.92%) Agile Software Development
3 6 (23.08%) Ubuntu
3 6 (23.08%) ATM
3 6 (23.08%) vSphere
3 6 (23.08%) OpenStack
3 6 (23.08%) Analytics
3 6 (23.08%) Use Case
4 5 (19.23%) DevOps
4 5 (19.23%) HP
4 5 (19.23%) Tandem
4 5 (19.23%) Software Engineering
5 4 (15.38%) ISO 8583
5 4 (15.38%) Regression Testing
5 4 (15.38%) Firewall
5 4 (15.38%) FTP
5 4 (15.38%) VPN
5 4 (15.38%) Oracle
5 4 (15.38%) E-Commerce
5 4 (15.38%) Continuous Integration
6 3 (11.54%) PowerShell
6 3 (11.54%) ActionScript 2.0
6 3 (11.54%) ActionScript
6 3 (11.54%) HTTPS
6 3 (11.54%) HTTP
6 3 (11.54%) Java
6 3 (11.54%) SQL
6 3 (11.54%) EPoS

EFT
Top Related IT Skills by Category

For the 6 months to 21 November 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 6 (23.08%) OpenStack
2 1 (3.85%) Tuxedo
Applications
1 1 (3.85%) MS Office
Business Applications
1 7 (26.92%) BASE24
2 2 (7.69%) Oracle Payables
2 2 (7.69%) Oracle Receivables
3 1 (3.85%) Oracle Cash Management
3 1 (3.85%) Oracle Assets
3 1 (3.85%) Oracle General Ledger
3 1 (3.85%) Oracle EBS R12
3 1 (3.85%) Oracle Financials
Communications & Networking
1 6 (23.08%) ATM
2 4 (15.38%) FTP
2 4 (15.38%) VPN
2 4 (15.38%) Firewall
3 3 (11.54%) SSH
3 3 (11.54%) HTTPS
3 3 (11.54%) HTTP
4 2 (7.69%) SSL
Database & Business Intelligence
1 1 (3.85%) DB2
Development Applications
1 1 (3.85%) Bugzilla
1 1 (3.85%) Subversion
1 1 (3.85%) Git (software)
1 1 (3.85%) Jenkins
General
1 2 (7.69%) Marketing
2 1 (3.85%) Back Office
2 1 (3.85%) Finance
2 1 (3.85%) Banking
2 1 (3.85%) Retail
2 1 (3.85%) General Ledger
Job Titles
1 10 (38.46%) Developer
2 6 (23.08%) Analyst
3 5 (19.23%) DevOps Engineer
4 3 (11.54%) Support Analyst
4 3 (11.54%) Applications Support
4 3 (11.54%) Applications Support Analyst
5 2 (7.69%) Java Developer
5 2 (7.69%) Sales Manager
5 2 (7.69%) Sales Director
6 1 (3.85%) Fraud Specialist
6 1 (3.85%) Lead Tester
6 1 (3.85%) Oracle Consultant
6 1 (3.85%) Lead Architect
6 1 (3.85%) Test Engineer
6 1 (3.85%) Oracle Financials Consultant
6 1 (3.85%) Test Analyst
6 1 (3.85%) Consultant
6 1 (3.85%) Architect
6 1 (3.85%) Business Analyst
6 1 (3.85%) Tester
Libraries, Frameworks & Software Standards
1 1 (3.85%) WebSphere MQ
1 1 (3.85%) WebSphere Message Broker
Miscellaneous
1 5 (19.23%) Tandem
2 3 (11.54%) EPoS
3 2 (7.69%) EFTPOS
3 2 (7.69%) APACS
4 1 (3.85%) PKI
4 1 (3.85%) Open Source
4 1 (3.85%) Smartcard
4 1 (3.85%) Management Information System
4 1 (3.85%) EMV
4 1 (3.85%) Chip and PIN
Operating Systems
1 8 (30.77%) UNIX
2 6 (23.08%) Ubuntu
3 2 (7.69%) Windows Server 2008
3 2 (7.69%) Windows
3 2 (7.69%) Linux
Processes & Methodologies
1 7 (26.92%) Agile Software Development
2 6 (23.08%) Use Case
2 6 (23.08%) Analytics
3 5 (19.23%) Software Engineering
3 5 (19.23%) DevOps
4 4 (15.38%) Continuous Integration
4 4 (15.38%) E-Commerce
4 4 (15.38%) Regression Testing
5 2 (7.69%) Risk Management
5 2 (7.69%) Migration
6 1 (3.85%) Stakeholder Management
6 1 (3.85%) Mobile Commerce
6 1 (3.85%) Project Management
6 1 (3.85%) TOGAF
6 1 (3.85%) Cash Management
6 1 (3.85%) Test Strategy
6 1 (3.85%) Incident Management
6 1 (3.85%) Bug Management
6 1 (3.85%) CRM
Programming Languages
1 3 (11.54%) Java
1 3 (11.54%) SQL
1 3 (11.54%) ActionScript
1 3 (11.54%) PowerShell
1 3 (11.54%) ActionScript 2.0
2 2 (7.69%) VB
2 2 (7.69%) C#
2 2 (7.69%) C++
3 1 (3.85%) Python
Qualifications
1 1 (3.85%) ISEB
1 1 (3.85%) ISTQB
Quality Assurance & Compliance
1 4 (15.38%) ISO 8583
System Software
1 6 (23.08%) vSphere
Vendors
1 7 (26.92%) IBM
2 5 (19.23%) HP
3 4 (15.38%) Oracle
4 1 (3.85%) Wincor Nixdorf
4 1 (3.85%) VeriFone