Jenrick IT is pleased to report that demand for permanent IT staff continues to grow healthily despite a slowdown in the wider jobs market, the REC’s monthly Report on Jobs has revealed.

On an index where a score above 50 denotes growth, demand for permanent IT staff was measured at 57.2 in October, the highest of any sector.

In addition, demand for IT contractors was measured at 52.1.

Responding to the research, REC Technology Chair Jeff Brooks said:

“It is striking that demand for qualified IT professionals remains healthy. It has long been clear that the jobs of the future will be in technical, highly-skilled areas such as IT.”

Further information:

If you are an IT professional seeking to advance your career, then please contact the Jenrick IT consultant team directly on (01932) 245 500 or view our current IT job opportunities and apply online.

ARTICLE SOURCE:

• rec.uk.com - The Recruitment & Emploment Confederation
  

Thank you to Jane Stevens, UK Service Delivery Manager  at Jenrick IT for writing this article in response to the initial article on EBT Schemes last month.

There have been many schemes set up over the years including EBT (Employment Benefit Trusts) Schemes in order to take advantage of loopholes in the law where trusts or other vehicles are used to reward employees (contractors) which seek to avoid or defer the payment of income tax or National Insurance Contributions.

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We get the latest from IT Contractor.com on how IT Job availability is set to boom for the next 5 years.

Jobs Market

According to a new report by V3.co.uk, the number of IT jobs will rise by 5.1% a year over the next 5 years.

That works out at a compound interest rise of about 28.4% in that time.

As there are around a million people working in IT in the UK that works out to be an extra 284,000 jobs in IT in the next 5 years.

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This information on EBT Schemes was kindly supplied by 1st Option Accountants. For more information regarding the topics raised in this artcile then please contact 1st Option on any of the contact details shown at the bottom of this page.

What are they?

An Employee Benefit Trust (EBT) is often centred on a pension or profit-sharing plan and is usually administered by dedicated third-party EBT management firms, acting as the company’s trustee. Such schemes are widely used by corporations to augment the benefit packages of UK workers - they usually offer some taxation deferral advantages. (more…)

Jenrick IT, leading UK IT recruitment agency and consultancy, has again been a leading contributor within the Contractor UK website.

The current article, which  was released today for the IT contractor market discusses the use contractors have to fill gaps with fresh IT talent.

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Welcome to the IT Contractors Poll.  The subject we are looking at today is how often you invest in new skills and accreditations:

To participate in more discussions regarding the IT contractor market and keep up to date with all the latest IT contracting legislation, join our Linked IN Group by clicking on the link below:

• IT Contractor Group on Linked IN

Welcome to the IT Contractors Poll.  The subject we are looking at today is what is your preferred method of contracting:

To participate in more discussions regarding the IT contractor market and keep up to date with all the latest IT contracting legislation, join our Linked IN Group by clicking on the link below:

• IT Contractor Group on Linked IN

April is only around the corner and with it comes the 50% higher tax rate. Accountants are reporting a booming business in clients contacting them to ask advice on how to avoid this increased tax rate.

Jenrick IT has experienced an increase in contractors queries regarding where to get the best tax advice, especially if they are operating under a PAYE or Umbrella scheme.

We have taken advice from a number of accountants and collated the best information we could source, three of which have been highlighted below from JK Tax Advisors, 1st Option Accountancy and ICS: (more…)

Jenrick IT (specialist IT recruiter) has noticed a surge in demand for IT Contractors in January 2010. In addition there is growth for permanent IT employees also, with clients re-igniting projects.

Philip Fanthom (Managing Director – Jenrick IT) commented:
“we have noticed a significant growth in demand for IT experts, in particular for contract consultants as our clients emerge from project hibernation. Jenrick IT are already ahead of forecast for January and February which is welcome tonic to 2009”. (more…)

Jenrick CPI (Specialist IT Recruitment Consultancy) is pleased to report continued demand for both contract and permanent IT resource.

“The market has certainly picked up in the last 2 months and the indications from all of our clients is that this will continue until the end of the year. We are already having to increase our internal teams to cope with the demand” - Philip Fanthom (MD).

This was further borne out in a recent article posted on ContractorUK, suggesting that IT experts are amongst the safest groups in which to be working. (more…)