Demand for IT contractors back to pre-summer high
IT contractors have come to be considered as one of the most sought-after individuals as companies take advantage of economic growth to expand their operations with some planning to diversify as well. However, the summer saw a slight slump in the number of temporary IT contracts available, a trend which only continued for three months and has now ended with the market returning to its previous high in October.
While July, August and September may have seen a slow-down in the number of positions available for IT contractors, the figures rallied in October to match the year’s high point achieved in June. The Recruitment and Employment Confederation’s October report on jobs has shown that current demand is as 60.3, in comparison to September’s figure of 58.6.
As the final quarter gets underway, hirers are in need of increased support and input from IT contractors, with shortages in five key skills areas including Java, Oracle, Digital Marketing, PHP and testers. In the wake of the Chancellor’s Autumn Statement, many firms are keen for the government to address the issue of talent shortages which are causing problems for recruiters and companies who are struggling to find suitably skilled and experienced individuals to fill the roles they have available. This is particularly evident in the construction sector where the skills gap is causing significant problems according to Kevin Green, chief executive of the REC.
If you work in IT and are considering going it alone, then our guide to being an IT contractor will help you to understand what’s involved and how to go about ensuring that you are maximising your income. We also have a handy take home pay calculator which will give you some idea of how the financial side of things will stack up once you are working for yourself, as well as a number of contractor case studies which will give you some insight into the world of working for yourself and provide some insight into what you can expect when you work for yourself.
Anyone considering contracting will benefit from expert advice from a specialist accountant, whether they are just getting started, considering setting up a limited company, or making plans for their long-term future. Our team are always on hand to answer questions, provide advice and help you to achieve your goals, so call today on 01442 275789 or email firstname.lastname@example.org to find out how we can help you to make a success of your career.