The table below looks at the prevalence of the term EFT in IT contracts advertised for the West Yorkshire region. Included is a guide to the contractor rates offered in IT contracts that have cited EFT over the 3 months to 27 July 2016 with a comparison to the same period over 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.

3 months to
27 Jul 2016
Same period 2015 Same period 2014
Electronic Funds Transfer (EFT)
Rank - - -
Contract jobs citing EFT 0 0 0
As % of all contract IT jobs located in West Yorkshire - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £150 £400 £463
% change year-on-year
-62.50% -13.60%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
EFT
Yorkshire

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the West Yorkshire region.

Miscellaneous Category
West Yorkshire
Contract IT job ads with a match in the
Miscellaneous category
647 649 517
As % of all contract IT jobs located in West Yorkshire 31.67% 30.07% 30.63%
Number of daily rates quoted 407 454 329
Median daily rate £425 £375 £350
Median daily rate % change year-on-year
+13.33% +7.14%
90% offered a daily rate of more than £285 £275 £225
10% offered a daily rate of more than £550 £510 £493
UK excluding London median daily rate £385 £375 £350
% change year-on-year
+2.66% +7.14%
Number of hourly rates quoted 12 22 16
Median hourly rate £14.50 £13.00 £14.00
Median hourly rate % change year-on-year
+11.53% -7.14%
90% offered a hourly rate of more than £11.09 £10.43 £9.00
10% offered a hourly rate of more than £16.15 £40.00 £50.00
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

EFT
Jobs Demand Trend in West Yorkshire

The demand trend of contract jobs across the West Yorkshire region citing EFT as a proportion of all IT contracts with a match in the Miscellaneous category.

EFT Jobs Demand Trend in West Yorkshire

EFT
Daily Rate Trend in West Yorkshire

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing EFT across the West Yorkshire region.

EFT Daily Rate Trend in West Yorkshire