IT contractors immune to Olympic hiring freeze

An order by professional services firms’ top brass to put hiring on hold while Olympic fever played havoc with candidate availability for interview didn’t extend to their temporary IT needs.

In their latest market report, The Association of Professional Staffing Companies said some HR units heeded the government’s warning that individuals would take time off for the sporting event.

Interviews during the games weren’t therefore held, largely explaining why vacancies for both permanent and temporary candidates during last month declined by double-digits when compared to last year, APSCo found.

But this will come as news to IT contractors and other freelance computer staff. According to the association, placements of such temporary IT specialists leapt 15% in August, representing the month's ‘brightest spot’ in the non-permanent labour market.

“Temporary workers are a popular option amongst employers, as they offer more flexibility than a permanent hire,” reflected John Nurthen at Staffing Industry Analysts.

“[In addition], the current state of the UK economy means that employer confidence remains low, resulting in a reluctance to increase permanent headcount in the near future.”

This interpretation of August as a ‘hot’ month for contract IT candidates chimes with analysis from the Recruitment & Employment Confederation, which found that the market for IT contractors returned its highest level so far this year during the four weeks to September.

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Written by Simon Moore

Simon writes impartial news and engaging features for the contractor industry, covering, IR35, the loan charge and general tax and legislation.
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