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IT Contractors Predict Rate Rise For Third Year In A Row

Results from the organisation’s latest survey indicate that 71% of respondents believe rates will increase over the next 12 months, up 6% on last year’s predictions. A further 52% expect contracting opportunities to increase over the next year.

This rise in work expectations is in line with wider reports across the industry, including the latest IT Directors’ survey from recruitment consultancy, ReThink Recruitment. According to this research, 77% of respondents are expecting an increase in workload for IT teams in the coming months, but 52% do not believe they currently have the capacity to increase output. These figures suggest a rising demand for contractors to fill expected gaps in the next year.

When analysing its own statistics further, giant group found that Financial Services and Public Sector remain two of the biggest areas using IT contractors. This is perhaps unsurprising given the on-going systems migration in the finance arena and the Government’s shake up of the welfare system, both of which will continue to drive demand for niche experts to oversee projects.