Coronavirus Job Retention Bonus: Further Information Released
A new survey has revealed that IT contractors have been experiencing increased confidence.
The latest research from Giant Group has shown that self-belief and optimism among IT contractors is up year on year, and it’s easy to see why as compared to figures over the last two years the length between assignments is reducing, with the majority (82%) citing less than 31 days. In comparison, those recording 90 days and above has halved since 2011.
Over half of those surveyed predict that IT job opportunities will grow over the next 12 months and 64% said that they also expect their rates of pay to increase.
According to the findings, the top sectors for IT contracting opportunities over the next 12 months will be Support Services (26%), Financial Services (19%), Public Sector (14%) and Engineering & Construction (12%).
Matthew Brown, Managing Director of giant, said of the findings, “During times of budget and staff cuts, the demand for contractors has a tendency to spike. However, as positivity returns to the economy it is encouraging to note that the IT contracting community is reporting an increase in opportunities.
“It’s clear that organisations are continuing to recognise the value these experts can bring to businesses and are expecting to not only utilise this resource over the next year, but also potentially allocate more budget to these specialists.”
If you have any questions about contracting or would like further tax and Limited Company advice please contact our New Business Team on 01442 275789 or email email@example.com.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.