Umbrella Companies | Prospects for Scottish IT umbrella company contractors look promising

Prospects for Scottish IT umbrella company contractors look promising

Umbrella company contractors north of the border could be encouraged by the latest Bank of Scotland’s Report on Jobs.

The Bank’s latest findings show that the largest increase in demand last month was for people working in the IT sector. The IT industry also demanded more temporary workers than the accounting and financial and executive and professional sectors.

Bank of Scotland chief economist, Donald MacRae, said last month marked the seventh consecutive month where the number of people securing a permanent position increased. Recruitment consultants also reported more vacancies last month as demand for permanent employees increased markedly.

Last month also saw the demand for temps increase at its fastest rate for four months, he continued. Hotel and catering registered the strongest growth as all sectors witnessed increased demand.

Meanwhile, ReThink Recruitment, an employment agency, says that people with IT retail experience could see their earnings increase. The company claims that the demand for specialists in e-commerce has doubled in the past year.

This trend has led to companies bidding against each other for specialist staff and some companies will offer up to 25% more than their competitors in other sectors so that they can retain key employees.

Ian Blair, a director at ReThink, said the demand for e-commerce specialists is unprecedented as major retailers try to improve the functionality of their e-commerce systems. The job market for e-commerce skills is now led by candidates, as demand for retail IT staff has undergone an astonishing turnaround, he added.

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