SJD Accountancy

Contractor rates to stabilise or increase, depending on sector

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There will be no drop in contractor rates in any industry sector in the third quarter of 2010, whilst some sectors – such as Banking IT – will see rates grow by 2.8%. That’s according to the Alexander Mann Solutions’ Contingent Workforce Rate Card, which covers 12 UK industries, including engineering, telecoms and IT, banking, facilities management, human resources and finance. Matthew Rodger of Alexander Mann Solutions commented, “With no drop in rates for the first time in over a year, the signs are that the market is now finding its feet once again after a number of difficult quarters. This is clearly good news for flexible workers and the indications are that this will mark the start of a more stable period for workforce recruitment.”

The Contingent Workforce Rate Card is based on the accumulation, analysis and interpretation of over 27,000 data points taken from AMS’ existing interim and contractor population and over 100 external partners, job-boards, professional institutions, newspapers and skills societies. It also looks at the industry trends set to impact upon the contingent recruitment market in the coming months.

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