With pundits warning that a recession is around the corner, and surveys indicating a market slow down, what's the best way to cope for contractors?
Some of you may remember the last 1990's shortly after the dot com boom, when contracting rates almost halved (sorry to remind you!). Many contractors found themselves moving back to permanent employment, while others managed to secure some of the remaining available contracts.
We don't think the predicted downturn will be quiet like the dot com crash, but demand probably won't be as high as it has been in recent years.
Did you ride out the last contracting downturn? What are your tips for staying in contract during a lull in demand?
Published: Monday, May 19, 2008