Rates of Pay for IT Contractors - from SJD Accountancy
Following-up our earlier article from SJD Accountancy, titled ‘Recession
Busting Tips for Contractors,’ we have another article which highlights the current rates of pay for IT Contractors.
Thanks again SJD and keep these excellent articles coming!
“It’s always good to know you ‘re being paid what you’re worth. Many IT contractors are unsure of the going rates for their services - if you’re one of these people we’ve made a table with the rough averages specialist IT contractors should be looking to get.
| Type of job | Daily rate | No. of contracts (last three months) |
| Developer | £350-400 | 9,000 |
| SQL | £360-510 | 5,500 |
| Analyst | £350-400 | 8,500 |
| Java | £450-500 | 3,500 |
| C# | £450-500 | 3,000 |
| Banking and finance | £450-500 | 7,000 |
| Consultant | £400-500 | 3,500 |
| Oracle | £400-450 | 4,500 |
| .NET | £350-400 | 3,500 |
| Windows | £300-350 | 4,500 |
These figures are averages which have been drawn from JobStats, ITJobsWatch and SJD research.
Of course, daily rates can vary according to a number of factors including:
- Experience - both technical and business
- Skills - you can demand a higher rate by investing in your skill set
- Location - London and the South East tend to pay the highest rates
- Economic climate - you may have experienced a ‘pay pinch’ the past year due to the recession, however, things are set to get better for IT contractors! According to Contractor UK, the demand for contractors is still healthy and expected to grow. Have a look at our previous posts for more information on the recession and IT industry
Remember that whatever you earn, rates are always negotiable for contract work. It’s likely that you’ll be able to increase your daily rate by selling your skill set and the value of your services.
Tags: Accounts for contractors, contractor pay rates, it contractor rates, rates of pay for it contractors, SJD Accountants