Recent findings have revealed that IT contractors are expecting not only higher rates of pay over the next year, but an increase in job opportunities too.
The latest research has found that 96% of IT contractors predict a rise in pay over the next 12 months – an increase of four per cent year-on-year.
IT contractors are also confident with regards to job opportunities, as a further 98% believe that more roles will become available – this shows a growth of 27% year-on-year.
One umbrella company stated, “It’s always encouraging to see such optimism amongst contractors, particularly in such a large and important sector. IT plays a hugely significant part in our working activity and this is, in turn, driving demand for these talented specialists. Improvements in the economy have also certainly contributed to the rising sentiment as many businesses are now feeling more confident about investing in projects they perhaps would have held back on in the past.
“Coupled with this, we’re also seeing contractors being sought after in newer roles with many organisations placing a greater emphasis on infrastructure security. The rising threat of cyberterrorism has meant many firms are now looking to take on contractors with defence expertise who can prepare their businesses for any threats they could potentially face and this is certainly one factor behind the improving sentiment.
"These niche skill sets aren’t readily available in the permanent market which is prompting businesses to target specialist contractors. Consequently, professionals can expect both rates and opportunities to rise, as has been reflected in the survey.”
Lisa Keeble is the Managing Director for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual.
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