Contractor News Roundup: July 2020
New research from pre-employment screener Powerchex in April has found that the recruitment of IT contractors ‘jumped significantly’ within the financial services sector, clearly showing that the number of IT contractor work opportunities is on the increase. There was also a 75% year on year rise in billings in this area. In fact, the only area of the financial services sector which saw an increase in job offers over March, apart from investment managers, was for IT contractors! Powerchex confirmed these findings by commenting that “The most marked growth is in IT contractors.”
With statistics like these, it’s easy to see why IT specialists would consider moving from permanent roles to contracting – but at this time of year, what about considering working as an IT contractor right out of University? It’s not as far-fetched as it sounds . . . You have a head full of knowledge and you know you want to pursue a career in IT, but why consider contracting? Here are a few reasons:
In addition to these benefits and many more, there are of course some downsides. As a contractor there is some additional work you need to do in your private time, but for a full list of pros and cons have a look at our pages on ‘becoming a contractor’ and ‘how much will I earn as a contractor’.
IT is one of the most popular professions with various sectors, so to make sure you know which direction you wish to pursue, here is a summary of some of the most common roles you could potentially work in as an IT Graduate Contractor:
Once you have decided which area you wish to pursue, the next step is how to find work! With IT being so popular, you may find standard IT job sites quite limiting, but there’s no harm in registering. Registering with recruitment sites will also help to get your CV circulated as a ‘newbie’ to the contracting trade. Remember to be open minded when searching for jobs, there is normally only one ‘golden’ IT job with your job criteria available on the more popular job sites, with up to possibly 100 applicants applying, making your chances very slim. So why not try looking at the more niche specific sites, such as:
Your skills will be more appreciated here and, with your thirst to learn and gain experience, they will be more open minded in hiring you. Do your homework and hunt these sites down, as they are not necessarily the most obvious job sites to new IT Graduates. The next step is to upload your CV and really sell what you’ve learnt in University. However, you’re not the only person with a degree so you need to think how your CV will be noticed first. Two important factors are the use of Keywords and the number of pages long your CV is.
With regard to Keywords, more and more employers are using job boards and recruitment site CV database search facilities to find candidates. If your CV doesn’t include ‘scannable’ keywords and industry buzz phrases your CV might not be found, despite the fact that you might be the best person for the contract! And in terms of CV length, there has been lots of research on how many pages the perfect CV should have, and all evidence points towards two. It’s about getting the right balance between giving just enough information to ensure the client wants to find out more about you, and not too much so they get bored reading it. These are just some of the things to consider when writing your CV. For more help on writing your CV visit our Contractors Career’s Centre page, this will tell you what the most important thing to remember in your CV is and learn the Top 5 Tips.
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.