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Confidence in IT contracting grows, according to survey

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IT contractingIT contracting confidence is growing year-on-year, according to research carried out by professional umbrella employment provider, giant group.

Increased confidence in the temporary market is apparent by a reduction in the length of time between assignments. Over 80 per cent of those surveyed said they waited less than 31 days in between jobs, compared to over 90 days in 2011.

Over half of respondents are expecting job opportunities in IT to continue to grow over the next year, with over 64 per cent predicting their earnings to increase alongside.

The top sectors expected to offer the most opportunities for IT contractors over the next 12 months are Support Services, Financial Services, Public Sector and Engineering and Construction.

Managing Director of giant, Matthew Brown, said: “During times of budget and staff cuts, the demand for contractors has a tendency to spike. However, as positivity returns to the economy it is encouraging to note that the IT contracting community is reporting an increase in opportunities.

“It’s clear that organisations are continuing to recognise the value these experts can bring to businesses and are expecting to not only utilise this resource over the next year, but also potentially allocate more budget to these specialists.”