The table below looks at the prevalence of the term EFT in IT contracts advertised for the Yorkshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited EFT over the 3 months to 4 August 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
4 Aug 2015
Same period 2014 Same period 2013
Electronic Funds Transfer (EFT)
Rank - - -
Contract jobs citing EFT 0 0 0
As % of all contract IT jobs located in Yorkshire - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £413 £507 £160
% change year-on-year
-18.59% +216.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
EFT
England

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

Miscellaneous Category
Yorkshire
Contract IT job ads with a match in the
Miscellaneous category
840 724 598
As % of all contract IT jobs located in Yorkshire 28.08% 31.17% 28.54%
Number of daily rates quoted 553 441 301
Average daily rate £350 £350 £315
Average daily rate % change year-on-year
- +11.11%
90% offered a daily rate of more than £250 £225 £211
10% offered a daily rate of more than £501 £483 £475
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 44 28 49
Average hourly rate £13.00 £15.00 £17.50
Average hourly rate % change year-on-year
-13.33% -14.28%
90% offered a hourly rate of more than £9.52 £9.00 £11.73
10% offered a hourly rate of more than £40.00 £30.00 £42.92
UK excluding London average hourly rate £19.08 £21.00 £20.00
% change year-on-year
-9.14% +5.00%

EFT
Jobs Demand Trend in Yorkshire

This chart provides a 3-month moving total of IT contractor jobs citing EFT across the Yorkshire region as a proportion of the total demand within the Miscellaneous category.

EFT Jobs Demand Trend in Yorkshire

EFT
Daily Rate Trend in Yorkshire

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

EFT Daily Rate Trend in Yorkshire