IT contractors choose contract security over higher rates of pay
A new survey has found that there are many IT contractors who would rather have the security of a longer contract, than receive higher pay per hour.
The research, carried out by Giant Group, has revealed that out of the respondents surveyed from March – May of this year, 69% said that they would prefer to find a contract that was over a longer period time, rather than going for higher per hour payment.
According to the findings, this is a 5% rise from the beginning of the year and a 9% increase compared to this same period of time in 2012.
When respondents were asked what would attract them most to a contract, just 37% said that income was the most important factor, which is a 5% decrease from the previous year.
Matthew Brown, Managing Director of giant, said of the findings, “The results suggest that IT contractors are recognising the benefits of greater job security and quality rather than simply more money in the short term.
“We’re actually seeing a slight drop in the length of time between contract assignments which is reflective of these changing priorities, and we expect the number of contractors opting for longer projects over higher per hour payment to further increase throughout 2013.”
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