In contrary to the report of IT contract demand ‘dwindling’, Jenrick has noticed a sharp increase in demand from the Finance sector, with Q1 contract bookings from the finance sector being at their highest for over 18 months. Other areas of significant growth included; online marketing & transactional business, general media, IT security, and more surprisingly the defence sector.

Our clients have been motivated to engage IT contract expertise to re-boot projects that have been in ‘doldrums’. With all the signs that the UK is in the throes of recovery, clients find they have a need to regain their competitive edge and ’steal a march’ on other players in their sector. On of the key drivers of business development is innovation, and a key driver of innovation is IT. (more…)

Contract - Market Highlights authored by Jane Stevens, Jenrick IT

Development/ Support

We have noticed a continued demand for experienced developers with the ability to write new code, bug fix and support applications/products within the finance markets. Java and C# jostle neck and neck as the code of choice and there is always a need for developers with strong communication skills who can not only operate within back office / database environments but are also able to sit comfortably within the front office space, having a decent understanding of products and the ability to talk knowledgeably with the business / third party suppliers and end customers.

C++ on both Unix (Linux) and Windows although more niche, definitely has a role to play within the markets. The supply of experienced developers in this field has contracted due to the fact that candidates originally based in the C/C++ arena, have ported their skillset across to what they see in the market as the more saleable C# / .Net skills. However, certainly in the foreseeable future, there will always be a small but definite trickle of C++ requirements for the specialist within this field.

Web based development within the .Net space continues to hold strong and we see this rolling well into next year in the same vein.

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Jenrick IT is reporting that developers are in high demand across all client sectors as we enter into the last quarter of 2010.

This is further demonstrated by the latest ‘top 20′ from ITjobswatch which places developers firmly at number 1 for the second week in a row. Whilst this may sound like great news for Recruiters, demand is outstripping supply resulting in a number of unfulfilled vacancies.

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Demand for professional contractors has continued to increase, together with the numbers of contractors who seem to be preferring the Limited Company course of contracting.

Philip Fanthom (Managing Director, Jenrick IT) commented:
“we have not seen this level of contract activity since 2007. Demand has been increasing month on month since October last year. In addition, we have noticed a sharp increase in rates for some skills, in particular; developers with C++, C#, and Java” (more…)