A survey of IT workers including contractors currently working within the finance sector have stated that they plan to look for a new position within the next year, according to Hays. Two thirds told the agency that they would start looking in the next three months, with pay being their strongest motivation.
“Many professionals feel as though their salary progression has been compromised by the recession and are no longer willing to stay in their current role when they believe they may be able to receive a higher salary elsewhere,” said Sam Corcoran, a director at Hays Finance Technology.
Contractor UK commented that almost half of the IT workers felt the recession had led to decreased job security, and although it was not a motivation to look for another job, most went without a bonus in 2009.
However, the UK is now out of recession and there is increased optimism with more contract roles for IT contractors becoming available across all sectors. Contractor rates are also returning to what they once were before the recession.
