Period
to 20 July 2017

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 July 2017 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 Jul 2017
Same period 2016 Same period 2015
Rank 577 616 588
Rank change year-on-year +39 -28 0
Contract jobs citing EFT 4 4 12
As % of all contract IT jobs advertised in London 0.010% 0.009% 0.026%
As % of the Miscellaneous category 0.025% 0.024% 0.070%
Number of daily rates quoted 1 0 7
London median daily rate £600 - £400
England median daily rate £600 £556 £400
% change year-on-year +7.87% +39.06% -13.61%
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 next 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.

Generic IT Skills
London
Contract job vacancies with a requirement for generic IT skills 15838 16819 17033
As % of all contract IT job vacancies advertised in London 37.92% 37.09% 36.98%
Number of daily rates quoted 11227 12087 11890
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% -
10th Percentile £313 £288 £263
90th Percentile £675 £650 £650
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 231 220 296
London median hourly rate £22.50 £20.13 £19.94
Median hourly rate % change year-on-year +11.77% +0.97% -0.31%
10th Percentile £12.50 £11.48 £12.27
90th Percentile £50.00 £55.25 £53.88
England median hourly rate £20.00 £20.00 £18.00
% change year-on-year - +11.11% -7.69%

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

For the 6 months to 20 July 2017, 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 4 (100.00%) WorldPay
2 3 (75.00%) VeriFone
2 3 (75.00%) Ingenico
2 3 (75.00%) FIS
2 3 (75.00%) E-Commerce
2 3 (75.00%) EFTPOS
2 3 (75.00%) Smartcard
2 3 (75.00%) Mobile Commerce
2 3 (75.00%) ISO 8583
3 2 (50.00%) Elavon
4 1 (25.00%) GAP Analysis
4 1 (25.00%) APACS
4 1 (25.00%) Mobile Payment
4 1 (25.00%) Sage Pay
4 1 (25.00%) Customer Requirements
4 1 (25.00%) Thales
4 1 (25.00%) Hypercom
4 1 (25.00%) Cubic Transportation
4 1 (25.00%) Banking
4 1 (25.00%) Wincor Nixdorf
4 1 (25.00%) Use Case
4 1 (25.00%) BPMN
4 1 (25.00%) Pentaho
4 1 (25.00%) VocaLink
4 1 (25.00%) TSYS
4 1 (25.00%) ATM
4 1 (25.00%) Sage
4 1 (25.00%) EPoS
4 1 (25.00%) EMV
4 1 (25.00%) Chip and PIN

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:

Cloud Services
1 1 (25.00%) Sage Pay
Communications & Networking
1 1 (25.00%) ATM
Database & Business Intelligence
1 1 (25.00%) Pentaho
General
1 1 (25.00%) Banking
Job Titles
1 2 (50.00%) Analyst
1 2 (50.00%) Business Analyst
1 2 (50.00%) Payments Analyst
1 2 (50.00%) Payments Business Analyst
2 1 (25.00%) Architect
2 1 (25.00%) Functional Analyst
2 1 (25.00%) Payments Architect
2 1 (25.00%) Payments Solutions Architect
2 1 (25.00%) Payments Test Manager
2 1 (25.00%) Solutions Architect
2 1 (25.00%) Test Leader
2 1 (25.00%) Test Manager
Miscellaneous
1 3 (75.00%) EFTPOS
1 3 (75.00%) Smartcard
2 1 (25.00%) APACS
2 1 (25.00%) Chip and PIN
2 1 (25.00%) EMV
2 1 (25.00%) EPoS
2 1 (25.00%) Mobile Payment
Processes & Methodologies
1 3 (75.00%) E-Commerce
1 3 (75.00%) Mobile Commerce
2 1 (25.00%) BPMN
2 1 (25.00%) Customer Requirements
2 1 (25.00%) GAP Analysis
2 1 (25.00%) Use Case
Quality Assurance & Compliance
1 3 (75.00%) ISO 8583
Vendors
1 4 (100.00%) WorldPay
2 3 (75.00%) FIS
2 3 (75.00%) Ingenico
2 3 (75.00%) VeriFone
3 2 (50.00%) Elavon
4 1 (25.00%) Cubic Transportation
4 1 (25.00%) Hypercom
4 1 (25.00%) Sage
4 1 (25.00%) Thales
4 1 (25.00%) TSYS
4 1 (25.00%) VocaLink
4 1 (25.00%) Wincor Nixdorf