Rates of Pay for IT Contractors - from SJD Accountancy

Following-up our earlier article from SJD Accountancy, titled ‘Recession SJD AccountancyBusting 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.

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