After the boost to the IT sector experience over the course of the Olympic Games, there has been further news to suggest that hiring rates for IT positions and contracts will continue. This follows the findings of IT recruiters earlier this year, who predicted that IT job growth will be at an above average level for the next few years.
IT and technology industry body Intellect surveyed senior executives from some of the leading IT companies in the UK and found that 43% are very likely to increase their hiring over the next six months, with a further 40% adding that further hiring was a possibility up until the end of the year.
Intellects survey also found that despite concerns about the state of the UK jobs market and wider economy, within the IT sector more than half of the businesses reported improvements since the start of 2012, with 60% experiencing increased investment over the first two quarters of the year.
Antony Walker, Intellect’s deputy director general, said that spending has continued in IT during the year and the sector are now looking to maximise that investment. Following calls from the Chancellor George Osborne to make the UK the “technology centre of Europe” the IT sector are keen to see him follow through with actions.
Mr Walker said; “There is clearly a major challenge ahead for the chancellor to deliver confidence-boosting measures in his autumn statement, and we will be continuing to press him to put technology firmly at the centre of the government’s growth strategy.”
“The industry agrees with the chancellor that technology can be an engine for growth, but the worrying thing is that business leaders don’t feel the government fully understands the sector and the opportunities it can create.”
ICS are one of the leading contractor accountants and administration companies and have helped thousands of contractors working in a range of industry sectors. You can contact us now for a tailored proposal based on your individual circumstances as a contractor.