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Contractors rates could decrease when HMRC withdraws clients’ VAT concessions in 2009
Concerns are growing that contracting rates may be hit when end-user clients in many sectors find their costs rising significantly,
�Concerns are growing that contracting rates may be hit when end-user clients in many se� �Chief Executive, REC Reduced rates and fewer contracts If contractors start costing their clients an add� �AT to the overall cost of taking on temporary and contract workers is likely to be less flexibility, higher�
Category: News | Mon, 06 Oct 2008

Contractor Calculator Market Report October 2008
Despite the financial turmoil and shrinking jobs market, not all is doom and gloom and canny contractors can find opportunities if they are flexible.
�for contractors: in some sectors there are fewer contracting opportunities and falling rates; in others there� �rom overseas Mixed messages for IT contractors as contracts fall overall but some roles show increased demand� �g to their research, this is the first fall in IT contract rates in the City since 2002. Ann Swain, Chief Ex�
Category: News | Tue, 07 Oct 2008

3,400 IT contractors and workers to be axed from government contracts
EDS and Hewlett Packard have announced cuts in contracting and employee posts for workers on government contracts.
�ewcastle , although it is not clear whether these contracts will be affected by the worker cuts. Major contra�
Category: News | Thu, 09 Oct 2008

Cutting contractors’ rates will cost clients more and could backfire spectacularly
ContractorCalculator believes their strategy could backfire spectacularly, costing the banks much more
�e. And he certainly knows a thing or two about IT contracting in The City, having spent ten years leading softw� �wo weeks to absorb an 11% reduction, or see their contracts terminated. Merrill Lynch’s Head of Communication� �prefer to run their own businesses and work under contract rather than become employees of specific companie�
Category: News | Mon, 27 Oct 2008

Contractor Calculator Market Report November 2008
There are winners and losers as the contracting sector becomes polarised, with the economic downturn impacting on corporate and public sector spending
�all bad news for contractors, with public sector contracting and employment, in particular, holding up well. I� �g to JobAdsWatch.co.uk , there are 13.3% fewer IT contracts available this quarter compared to the previous q� �g and financial services sectors, for example, IT contract availability has plummeted. According to JobAdsWa�
Category: News | Tue, 04 Nov 2008

Government bank bail-out means turbulent times for IT contractors
IT contractors in the banking sector face a turbulent future, with part public ownership of major banks forcing changes in their IT strategies.
�ecast by the report risk a premature end to their contracting careers. But it’s not all bad news, with the futu�
Category: News | Mon, 10 Nov 2008

IT contractors are facing a storm - keys skills required for survival
Although things are looking gloomy for the IT contracting sector, having the right business skills could be highly profitable.
�be tough for all IT contractors. And those in the contracting sector with good business skills could find thems� �inance sector has plummeted, with advertising for contracts down by 41% on the quarter, mainly hitting London� �according to Paul Smith, marketing director at IT contract recruitment specialist Harvey Nash, it’s not just�
Category: News | Thu, 20 Nov 2008

ContractorCalculator Market Report December 2008
Another mixed month for contractors with good news from the Pre-Budget Report tempered by increasingly fragile economic indicators and falling demand.
�ontractors willing to take a risk and/or consider contracting overseas . In this month’s ContractorCalculator M� �with major declines in public sector and defence contracts and a small decline in IT and telecoms showing fl�
Category: News | Tue, 09 Dec 2008

Contractor Calculator Market Report January 2009
Contractors face fresh challenges in 09, but there are opportunities too, with public sector spending set to skyrocket and the IT skills gap widening.
�increase the previous month Demand slows for some contracting sectors, notably financial services IT and engine� �tively on the jobs market and the availability of contracts. However, proposed government spending may provid� �potentially reverse the current trend of reducing contract opportunities, particularly for engineers and IT�
Category: News | Tue, 06 Jan 2009

Contractor Calculator Market Report February 2009
There is no doubt that trading conditions are getting tough, but most contractors see mainly opportunities and are upbeat despite the downturn.
�ws that some skills are still in short supply and contracts in these areas are on the increase. According to�
Category: News | Wed, 11 Feb 2009

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