Period
to 20 January 2018

The table below looks at the prevalence of the term EFT in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited EFT over the 6 months to 20 January 2018 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Electronic Funds Transfer (EFT)
England > London
6 months to
20 Jan 2018
Same period 2017 Same period 2016
Rank 616 592 597
Rank change year-on-year -24 +5 +10
Contract jobs citing EFT 5 3 8
As % of all contract IT jobs advertised in London 0.011% 0.007% 0.018%
As % of the Miscellaneous category 0.028% 0.020% 0.049%
Number of daily rates quoted 0 0 3
London median daily rate - - £400
England median daily rate - £150 £413
% change year-on-year - -63.64% +13.79%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

EFT is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 17,622 15,166 16,406
As % of all contract IT jobs advertised in London 38.21% 36.25% 37.11%
Number of daily rates quoted 12,791 10,651 11,490
London median daily rate £500 £475 £455
Median daily rate % change year-on-year +5.26% +4.40% +1.11%
10th Percentile £313 £300 £275
90th Percentile £688 £656 £650
England median daily rate £451 £433 £425
% change year-on-year +4.28% +1.76% +3.03%
Number of hourly rates quoted 227 255 271
London median hourly rate £21.90 £21.23 £20.91
Median hourly rate % change year-on-year +3.16% +1.53% +16.17%
10th Percentile £12.65 £12.81 £12.00
90th Percentile £47.50 £50.08 £43.75
England median hourly rate £21.78 £20.99 £20.00
% change year-on-year +3.79% +4.93% +14.29%

EFT
Job Vacancy Trend in London

Job postings citing EFT as a percentage of all IT jobs advertised in London.

Job vacancy trend for EFT in London

EFT
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing EFT in London.

Contractor daily rate trend for EFT in London

EFT
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing EFT in London.

Contractor hourly rate trend for EFT in London

EFT
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing EFT within the London region over the 6 months to 20 January 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London - 3 - -
EFT
England

For the 6 months to 20 January 2018, IT contractor jobs citing EFT also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for EFT.

1 3 (60.00%) Cisco
1 3 (60.00%) CISSP
1 3 (60.00%) CheckPoint
1 3 (60.00%) McAfee
1 3 (60.00%) Project Management
1 3 (60.00%) CISM
1 3 (60.00%) Management Information System
1 3 (60.00%) Finance
1 3 (60.00%) GIAC
1 3 (60.00%) Information Security
1 3 (60.00%) ISO/IEC 27001
1 3 (60.00%) Degree
1 3 (60.00%) Information Assurance
1 3 (60.00%) Microsoft Azure
1 3 (60.00%) Amazon AWS
1 3 (60.00%) McAfee ePO
1 3 (60.00%) SIEM
1 3 (60.00%) Lumension
1 3 (60.00%) Cybersecurity
1 3 (60.00%) CyberArk
1 3 (60.00%) Varonis
1 3 (60.00%) Palo Alto
1 3 (60.00%) Blue Coat
1 3 (60.00%) Identity Access Management
1 3 (60.00%) Security Operations
1 3 (60.00%) Security Operations Centre
1 3 (60.00%) Multi-Factor Authentication
1 3 (60.00%) GDPR
1 3 (60.00%) NIST 800
1 3 (60.00%) Thycotic

EFT
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (20.00%) Skype for Business
Cloud Services
1 3 (60.00%) Amazon AWS
1 3 (60.00%) Microsoft Azure
Communications & Networking
1 1 (20.00%) Firewall
General
1 3 (60.00%) Finance
2 2 (40.00%) Front Office
3 1 (20.00%) Retail
3 1 (20.00%) Telecoms
Job Titles
1 2 (40.00%) Consultant
1 2 (40.00%) Security Consultant
1 2 (40.00%) Senior Consultant
1 2 (40.00%) Senior Security Consultant
2 1 (20.00%) Analyst
2 1 (20.00%) CISSP Consultant
2 1 (20.00%) Developer
2 1 (20.00%) Java Developer
2 1 (20.00%) Qualitative Analyst
2 1 (20.00%) Quantitative Analyst
Miscellaneous
1 3 (60.00%) Management Information System
1 3 (60.00%) Security Operations Centre
2 1 (20.00%) Derivative
2 1 (20.00%) Equities
2 1 (20.00%) Fixed Income
2 1 (20.00%) Foreign Exchange (FX)
2 1 (20.00%) Virtual Team
Processes & Methodologies
1 3 (60.00%) Cybersecurity
1 3 (60.00%) Identity Access Management
1 3 (60.00%) Information Assurance
1 3 (60.00%) Information Security
1 3 (60.00%) Multi-Factor Authentication
1 3 (60.00%) Project Management
1 3 (60.00%) Security Operations
1 3 (60.00%) SIEM
2 1 (20.00%) Agile Software Development
2 1 (20.00%) Algorithmic Trading
2 1 (20.00%) Collaborative Working
2 1 (20.00%) Electronic Trading
2 1 (20.00%) Low Latency
2 1 (20.00%) Multithreaded Programming
2 1 (20.00%) Multithreading
2 1 (20.00%) Performance Optimisation
Programming Languages
1 2 (40.00%) Java
2 1 (20.00%) C#
2 1 (20.00%) Python
Qualifications
1 3 (60.00%) CISM
1 3 (60.00%) CISSP
1 3 (60.00%) Degree
1 3 (60.00%) GIAC
2 1 (20.00%) CISA
Quality Assurance & Compliance
1 3 (60.00%) GDPR
1 3 (60.00%) ISO/IEC 27001
1 3 (60.00%) NIST 800
Systems Management
1 3 (60.00%) McAfee ePO
Vendors
1 3 (60.00%) Blue Coat
1 3 (60.00%) CheckPoint
1 3 (60.00%) Cisco
1 3 (60.00%) CyberArk
1 3 (60.00%) Lumension
1 3 (60.00%) McAfee
1 3 (60.00%) Palo Alto
1 3 (60.00%) Thycotic
1 3 (60.00%) Varonis
2 1 (20.00%) Meridio
2 1 (20.00%) SAP