IT Contract Salaries Rising

04/07/2012

Results of salary survey reveal year on year rise for IT contractors.

Robert Walters 2012 Salary Survey has revealed that overall contract rates in London have increased 3.4% on a yearly basis, indicating that employers are beginning to understand the importance of heavily investing in key IT improvements.

Increases have been seen within commerce and industry, with daily rates rising by up to 25% compared to similar contracts last year. Similarly, project managers with in-demand skills are securing higher rates per day. The number of infrastructure projects has also increased significantly lately. This has led to demand for information and security specialists as employers seek to ensure their systems are as robust as possible.

The move towards cloud computing continues to gather momentum across the market. As VMware is the predominant technology, specialists in this area are particularly in demand.

While the contract IT jobs market is looking positive, growth in permanent salaries has been relatively modest by comparison. Overall, they are up 0.6% year on year.

However, there are still increases in key areas, for example Java, .Net and C++ developers in the investment banking sector are securing higher salaries than at this time a year ago. This is reflected in the fact that both permanent and contract development vacancies have been on the increase lately.

Additionally, as companies seek to compete on a global level in the digital age, non-technology companies are embracing IT investment with improved websites, mobile developments and applications; as a result, developers who specialise in customer relationship management (CRM) and mobile web experience are in high demand.

The volume of front-end development vacancies has also remained strong, meaning IT professionals with PHP, HTML5,CSS, jQuery and Drupal skills have a number of opportunities available to them.

Posted by: rosie.topps in IT News, Latest News