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Umbrella company contractors working in the IT sector will be pleased to hear that confidence is on the up within the industry.

Findings from an umbrella company survey have revealed that IT contractors are feeling positive when it comes to both rates of pay and job opportunities.

IT contractors are predicting that more opportunities will become available over the next year; many people believing that a high percentage of these new contracts will come from the financial services sector due to increased legislation within the financial services industry.

Many IT contractors have said that changes to regulation within financial services will result in businesses searching out specialists to embed complex systems into existing infrastructure.

The managing director of the umbrella company that conducted the survey commented on the findings, “It’s extremely encouraging to see such positivity amongst IT contractors; however it’s not entirely surprising. The IT sector was always going to bounce back as technology is so deeply embedded in our everyday lives.  

‘It’s particularly interesting to note the shift in significance of job security.  Pre-recession, contractors were selecting this as by far their most important factor in choosing a role; however professionals are now seeing increased opportunities in the market and want to secure the best rates as a result.”

Simon Dolan is the Sales & Marketing Manager for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual.
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