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| CURRENT SECTION :: News | UK's most visited IT Contractor Site - 250k unique visitors March 2008 |
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More than half of freelance project managers say their biggest fear in 2008 is that the IT industry will be a marketplace short of opportunity. Their overall worries haven’t changed much since a year ago, but economic woes since then mean the scarcity of IT project work is now causing concern for the growing majority. Contract project managers in the non-profit sector are most worried about the dwindling pool of jobs in the coming months, closely followed by their private sector colleagues. Public sector IT contractors, in contrast, appear much less fussed about their workload shrinking, but they are the group of project staff most expecting cuts to their hourly pay. Analysts say public sector IT contractors are right to expect work, albeit in the short-term, but state IT spending will be curtailed beyond 2008, just not as quickly as in the private sector. However contractors yet to turn 34 are the unlikeliest freelance project staff to worry about falling rates, said IT recruitment experts at Arras People, which commissioned the findings. This age group is the most perturbed, however, about the prospect of fewer job opportunities going forward - almost regardless of whether they work in or outside the commercial sector. And while they are less active than contractors in their forties, they are twice as likely as the most senior contractors (aged 50 or over) to be keeping an eye on training and its costs. The survey of 1650 IT project staff shows training costs are also the key challenge for female IT contractors though, similar to male contractors aged 34 or under, falling rates are less of a worry. Mar 4, 2008 Email this article Printer friendly page Previous Page
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