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IT Contractor Insurance
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IT Contractor Rates & Market Reports
This section contains the latest job market reports for contractors, freelancers and consultants.
Contract Rate Checker
If you are an IT contractor, you can see the prevailing market rates for your skill / application area via our new Contract Rate Check tool.Directories - Top umbrella companies and contractor accountants.
Latest Updates
Mobile Commerce contractors in high demand by retail sector
Another survey points to the growth in demand for IT contractors with mobile (m-commerce) skills over the past year.
(Feb 2, 2012)
IT contractor North/South divide continues to grow
The latest quarterly survey of IT jobs posted on recruitment websites shows that although the demand for IT contractors continues to grow nationwide, a larger proportion of roles than ever are based in the South.
(Jan 22, 2012)
mCommerce IT contractors command high rates
A new report shows that contractors working in mobile commerce roles, building tools for smartphones and tablet computers, are likely to be paid at least 20% more than contractors in more general e-commerce positions.
(Dec 20, 2011)
Demand for digital IT contractors remains very high
The latest JM Digital quarterly market report shows that the demand for digital IT contractor skills remains very high, with the financial sector keener than ever to recruit the finest talent.
(Dec 13, 2011)
Demand for IT staff rises, but overall employment figures grim
The latest monthly Report on Jobs shows that the demand of permanent IT staff is rising in an otherwise declining jobs market. The demand for contract continued to rise in November, but at a much lower pace than in previous months.
(Dec 7, 2011)
New IT contract market rate tool launched
The IT Job Board has released a new IT salary / contract rate monitor, which provides regional contract rate data, and the skills most in demand at any one time.
(Nov 17, 2011)
Recruiter reveals contract roles most in demand in 2011, as market remains resilient
A specialist IT agency reveals the most advertised contract roles of the past year, and explains why the contracting market remains buoyant despite widespread economic uncertainty.
(Nov 14, 2011)
More banks cut contractor rates as financial uncertainty continues
More investment banks have slashed contractor rates, bringing back memories of 2008-9, as the continuing financial crisis forces companies to take rapid action to cut costs.
(Nov 11, 2011)
Number of IT contract vacancies up by 5%
The number of contract openings advertised over the past quarter is up almost 5%, with the demand for contractors outpacing the demand for permanent staff.
(Nov 2, 2011)
UBS contractors told to swallow 10% rate cut
UBS is the latest bank to announce a series of job cuts, and contractors aren't immune according to The Register.
(Sep 5, 2011)
Good outlook for financial services contractors, but public sector remains bleak
The market for financial services contractors looks set to grow strongly over the coming year, however the outlook for contractors in the public sector remains bleak.
(Aug 10, 2011)
Quarterly demand for contractors up 3%, public sector roles recover
The latest jobs market report from CWJobs and jobsadwatch.co.uk shows that the number of contract vacancies advertised during the second quarter of 2011 was up by over 3%.
(Aug 3, 2011)
Improved market for interim management as rates return to pre-recession levels
Interim Managers are enjoying the first sustained improvement in market conditions since 2008, according to the latest Interim Management Survey findings.
(Jul 25, 2011)
Average UK contract rates down, marginal increase in London and South East
The latest Parasol Insight Index shows that the average umbrella company contract rate has fallen over the past year, however the gender gap has grown, as has the pay gap between regions.
(Jun 24, 2011)
Demand for financial services contractors strong, contract rates up
Two independent reports show that the demand for contractors working in the financial services arena continues to recover, and rates have risen accordingly.
(Jun 13, 2011)
Demand for contactors up 11% during first quarter of 2011
The latest CWJobs quarterly update on the IT jobs market suggests that there has been a significant rise in IT contract vacancies during the first quarter of 2011.
(Apr 21, 2011)
Demand for IT skills outstrips supply for first time since 2008
Demand for IT talent has outgrown supply for the first time since late 2008, according to the latest e-skills market report.
(Mar 30, 2011)
Interim management market tested by economic downturn
A new report provides an interesting insight into the state of the interim management market in the UK.
(Mar 18, 2011)
Oil and gas contractors set to enjoy surge in demand in 2011
Oil and gas contractors are set to enjoy a boom year in 2011, with the demand for skilled workers set to grow by up to 60%, according to leading recruitment sources.
(Mar 15, 2011)
Financial services contractor demand stable after January slump
The number of confirmed job offers made to financial services contractors rose slightly in February, but a sustained recovery would appear to be some way off yet.
(Mar 14, 2011)
Contract rates set to rise as IT managers can't get the staff
The fourth annual survey of IT directors, by ReThink Recruitment, has identified staff retention as the leading concern for the year ahead.
(Feb 24, 2011)
Scottish contract market continues to recover
The contract market in Scotland continues to improve according to the latest Bank of Scotland Report of Jobs
(Feb 23, 2011)
Do female contractors get paid less than their male counterparts?
The first edition of the Parasol Insight Index suggests that a contract rate gender gap exists within the contracting industry as it does elsewhere in the economy.
(Feb 22, 2011)
Contract jobs market still growing, but at a slower pace
The latest CWJobs / JobsAdsWatch survey of the IT employment market shows that while the demand for permanent IT staff continues to grow strongly, the contract job market is growing at a much slower pace.
(Feb 21, 2011)
Big drop in demand for financial services contractors
A contract market report suggests that the number of opportunities available for contractors in financial services dropped by a massive 79% in January.
(Feb 17, 2011)
Interim manager demand down in public sector, but daily rates rise
The interim management market has experienced a 8% over the past six months, following a marked drop in demand from the public sector. On the upside, average daily interim manager rates have risen over the same period.
(Jan 26, 2011)
Rising demand for freelancers in post-recession economy
A new trend survey of 1000 small business owners has revealed the extent to which on-demand resourcing and skills supplied by freelancers are helping the UK's estimated 4.8 million SMEs recover from the recession.
(Jan 18, 2011)
Mixed outlook for contractors in financial services industry
The outlook for IT contractors within the financial services industry could remain uncertain during early 2011.
(Jan 13, 2011)
Drop in public sector accountancy contractor roles, but confidence climbing
Although the number of accountancy contractors working in the private sector has dropped significantly over the past year, the demand for their skills in the private sector has led to growing confidence within the sector.
(Nov 22, 2010)
IT contract jobs market continues steady recovery
The latest quarterly survey of the IT jobs market by Salary Services Ltd shows that the IT contract market has recovered strongly this year.
(Nov 11, 2010)
October Monster Index reveals sharp jump in IT job openings
The October Monster Employment index has reported a strong rise in online IT job availability, following six months of relatively static growth.
(Nov 9, 2010)
Tough market could make financial service contractors consider permanent roles
After an encouraging first half of the year, the demand for financial sector contractors has declined significantly, with one industry expert even suggesting the possibility of going permanent until market conditions improve.
(Oct 26, 2010)
Massive IT contractor cull at Lloyds Banking Group
In one of the largest single contractor headcount culls ever, Lloyds Banking Group has announced plans to shed almost 1,000 IT contractors from its workforce.
(Oct 13, 2010)
Confidence returns for financial services IT contractors
A contractor poll suggests that the financial sector has rebounded significantly, as banks and other institutions revive projects which were put on hold as a result of the credit crunch.
(Sep 13, 2010)
Permanent and contract job offers slow during August
The latest Report on Jobs for August shows that both permanent and contract appointments rose, but at the slowest rate for 10 months.
(Sep 9, 2010)
RBS to slash further 1000 IT jobs
RBS is to cut a further 1000 IT jobs, taking the total number of job losses at the bank to over 21,000 since 2009.
(Sep 5, 2010)
Volatile recruitment market for financial services contractors
Financial sector recruitment is continuing to grow, according to a recent report, although the summer has seen a slip in offers made to IT contractors within the sector.
(Aug 18, 2010)
Recruitment agency reports sharp rise in IT job vacancies
A specialist recruitment agency has reported a sharp rise in the number of registered IT jobs during the second quarter of 2010.
(Jul 23, 2010)
Number of IT contract roles rebounds, rates on the rise
The latest statistics published by Salary Services suggest that after 2 dreadful years, the contract market is now rebounding.
(Jul 20, 2010)
Surge in demand for financial services IT contractors
Contract offers in the financial sector jumped by over 300% from May to June, suggesting that investment banks may be preparing for a significant upturn.
(Jul 16, 2010)
Scottish contract market continues to strengthen
The latest Bank of Scotland 'Report on Jobs' suggests that the contract market north of the border is continuing to strengthen, albeit at a slower pace than earlier in the year.
(Jul 5, 2010)
Drop in demand for financial services contractors
New research shows that financial services contractors are suffering from a lack of new projects - with demand for their services down by over 50% since May 2009.
(Jun 14, 2010)
Demand for contractors grows as investment in IT picks up
New research suggests that long term contractor unemployment has dropped by one third, and contractor confidence is growing, as investment in new IT projects gathers pace.
(May 25, 2010)
Energy trading IT contractors in huge demand says recruiter
A recruitment group says that investment banks may face a "brain drain" of IT contractors following high demand for skills in the energy sector. Business analysts in the sector have seen rates increase by 40% since 2008.
(May 19, 2010)
Job site reports 54% increase in IT contract roles advertised
A leading IT job site has seen a 54% increase in the number of contract roles advertised during the first quarter of 2010, suggesting that the worst may be over for the contract market.
(Apr 27, 2010)
