IT Contractors Accept Lower Pay Rates
It seems that umbrella contractors working in the IT sector have decided to accept lower pay rates from Clydesdale Bank in a move that has left some experts shocked.
It seems that umbrella contractors working in the IT sector have decided to accept lower pay rates from Clydesdale Bank in a move that has left some experts shocked.
Despite everything, pay levels for umbrella contractors are actually up year on year, even if it seems impossible with the current market conditions.
September saw the highest pay rate increase for contractors in seven years, according to newly released monthly research data.
The Professional Contractors Group has confirmed that pay rates for freelancers and umbrella company contractors are on the increase.
The Recruitment and Employment Confederation says that employers are courting freelancers and umbrella company contractors with increased pay rates.
Because one of the most embattled banks in the world hasn’t had enough bad publicity: now Barclays has declared it will be slashing contractor pay soon.
It’s time to celebrate: September’s figures are in, and contractors saw their billings and their pay rates increase over last month.
Well it’s about time we got some good news: the Office for National statistics says that the economic situation for a good number of Brits is on the increase.
It’s a bit queer when the demand for skilled, qualified IT contractors is on its way up even as pay rates for many IT workers are being slashed significantly.
Small businesses may need to re-think their rates if they want to attract highly-skilled talent, according to Badenoch & Clark.
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.
IMS Executive Ltd recently conducted a survey of 2,000 public sector Interim Executives, including those from umbrella companies, to find out how willing they would be to reduce their daily rates.
Robert Walters, a specialist recruitment agency, says that the HR sector is now actively looking for people with human resources and corporate responsibility skills. This should come as positive news for contractors who possess the requisite skill set.
There are more opportunities available for IT contractors according to the latest Monster employment Index report. 11% additional vacancies were advertised online in May compared to the previous month.
According to new research by reThink Recruitment, pay rates for IT contractors in the north of the country are increasing more than three times quicker than the rates for equivalent contractors in the south.