IT workers could be in higher demand this coming year
The financial services sector in the UK could be a major source of demand for information technology freelancers and umbrella service company workers in 2013.
The financial services sector in the UK could be a major source of demand for information technology freelancers and umbrella service company workers in 2013.
Umbrella company contractors working in the financial services sector could see more demand for their services after PricewaterhouseCoopers and the CBI announced that the sector was still growing.
Contractors may be interested to learn that interim managers working in financial services have been enjoying lucrative pay rates over the last six months.
Umbrella company contractors operating north of the border may be relieved to learn that the Scottish private sector growth rate accelerated again in December.
Interim managers who work through an umbrella company should have noticed an increase in demand for their services towards the end of last year, mainly from the financial services and banking sectors.
According to jobadswatch.co.uk, the third quarter of 2011 saw an increase in the number of opportunities for IT umbrella company contractors.
Marks Sattin, the accountancy and financial services recruiter, has released details of its research into salaries in the professions.
Nearly 25% of the UK’s largest organisations will freeze executive salaries this year because shareholders will not tolerate high payouts, according to a new report from PwC.
Only 25% of temporary workers in London saw a decrease in the number of freelancers and umbrella company contractors in the companies they worked with last year.
Confidence amongst IT contractors working in financial services has increased dramatically over the last year as banks carry on ploughing money into IT investment, new research shows.
The CBI has warned that financial services companies in the UK could cut around 15,000 jobs over the next three months as the focus sharpens on lowering costs.
December saw a decline of 21% in the number of job offers confirmed in the City, according to Powerchex, the pre-employment screening firm.
Contractors will no doubt be pleased to learn that the job market is improving and there has been an increase in the number of vacancies being advertised.
The government’s plan to impose an immigration cap on non European Union migrants is again causing concern amongst professional recruiters.
The services sector showed modest growth last month, according to the most recent Markit/CIPS Business Activity Index.
New data revealed recently illustrated that while IT contract worker demand has risen lately, pay rates for IT contractors has not kept up.