The table below looks at the prevalence of the term EFT in contract job vacancies advertised in the South East. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited EFT over the 3 months to 24 June 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 / South East
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank - 269 274
Contract jobs citing EFT 0 1 1
As % of all contract IT jobs advertised in the South East - 0.011% 0.011%
As % of the Miscellaneous category - 0.037% 0.034%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - £269 £425
% change year-on-year - -36.76%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London 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 the South East with a requirement for generic IT skills.

Generic IT Skills
South East
Contract job vacancies with a requirement for generic IT skills 2185 2729 2967
As % of all contract IT job vacancies advertised in the South East 28.61% 30.59% 31.39%
Number of daily rates quoted 1258 1624 1593
Median daily rate £400 £400 £378
Median daily rate % change year-on-year - +5.96%  
90% offered a daily rate of more than £249 £260 £236
10% offered a daily rate of more than £550 £550 £500
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 98 140 135
Median hourly rate £19.66 £32.00 £16.07
Median hourly rate % change year-on-year -38.56% +99.12%  
90% offered a hourly rate of more than £12.00 £12.50 £11.95
10% offered a hourly rate of more than £45.60 £51.50 £40.00
UK excluding London median hourly rate £25.00 £22.50 £18.69
% change year-on-year +11.11% +20.38%  

EFT
Job Vacancy Trend in the South East

The job posting trend of jobs advertised in the South East citing EFT as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for EFT in the South East

EFT
Contractor Daily Rate Trend in the South East

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

Contractor daily rate trend for EFT in the South East

EFT
Contractor Hourly Rate Trend in the South East

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

Contractor hourly rate trend for EFT in the South East

For the 6 months to 24 June 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 South East region with a requirement for EFT.

1 3 (100.00%) EFTPOS
1 3 (100.00%) Smartcard
1 3 (100.00%) Mobile Commerce
1 3 (100.00%) ISO 8583
1 3 (100.00%) E-Commerce
1 3 (100.00%) VeriFone
1 3 (100.00%) FIS
2 2 (66.67%) WorldPay
2 2 (66.67%) Ingenico
2 2 (66.67%) BASE24
3 1 (33.33%) Web Services
3 1 (33.33%) EPoS
3 1 (33.33%) Postilion
3 1 (33.33%) Greenfield Project
3 1 (33.33%) Retail
3 1 (33.33%) Wincor Nixdorf
3 1 (33.33%) Fujitsu
3 1 (33.33%) Use Case
3 1 (33.33%) BPMN
3 1 (33.33%) Toshiba

EFT
Co-occurring IT Skills in the South East 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:

Business Applications
1 2 (66.67%) BASE24
2 1 (33.33%) Postilion
General
1 1 (33.33%) Retail
Job Titles
1 1 (33.33%) Analyst
1 1 (33.33%) Business Analyst
1 1 (33.33%) Consultant
1 1 (33.33%) Implementation Consultant
1 1 (33.33%) Payments Analyst
1 1 (33.33%) Payments Business Analyst
1 1 (33.33%) Payments Consultant
1 1 (33.33%) Payments Test Manager
1 1 (33.33%) Product Consultant
1 1 (33.33%) Team Leader
1 1 (33.33%) Test Manager
Libraries, Frameworks & Software Standards
1 1 (33.33%) Web Services
Miscellaneous
1 3 (100.00%) EFTPOS
1 3 (100.00%) Smartcard
2 1 (33.33%) EPoS
2 1 (33.33%) Greenfield Project
Processes & Methodologies
1 3 (100.00%) E-Commerce
1 3 (100.00%) Mobile Commerce
2 1 (33.33%) BPMN
2 1 (33.33%) Use Case
Quality Assurance & Compliance
1 3 (100.00%) ISO 8583
Vendors
1 3 (100.00%) FIS
1 3 (100.00%) VeriFone
2 2 (66.67%) Ingenico
2 2 (66.67%) WorldPay
3 1 (33.33%) Fujitsu
3 1 (33.33%) Toshiba
3 1 (33.33%) Wincor Nixdorf