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Feb
29

IT pay prospects reach four-year high

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Pay prospects for IT staff are the highest they have been since winter 2007, reveals research by business and technology staffing company ReThink Recruitment.

Its IT directors’ survey shows that 59% of respondents expect salaries for their IT staff in the next year, compared to 47% last year, and just over a quarter (27%) for 2010.

Additionally, 43% of IT directors expect to increase headcounts over the next year, up from 36% last year.

Michael Bennett, director of ReThink, says: “This is the first really positive outlook that we have had from IT directors since the credit crunch began.

“From the feedback that we are getting from many of the UK’s largest employers, the purse strings for their IT departments might finally be loosened.”

However, there is bad news for contractors as 93% of those surveyed said that they expected contractor rates to either stay the same or fall in the year ahead

Extract Taken From Recruiter

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