Hot IT Sectors in the Doom and Gloom

If you are an IT professional and looking for companies that will continue to perform even in todays economic conditions then look for a position within the Telecoms sector. Demand for high calibre IT professionals within the Telecoms industry is rapidly increasing as the Telecoms industry as a whole is experiencing massive growth. Key areas that are in desperate need of high calibre IT staff include architecture and billing systems.

Despite all the doom and gloom associated with the credit crunch the last place you would expect to find a new contract position would be in the financial services industry! However, recent research by the Association of Technology Staffing Companies (ATSCo) has shown IT contractors are actually receiving 11% increase on their hourly rate over the last 6 months jumping from £45/hour to £50/hour. This increased demand for IT skills is most notable in areas such as equities and commodity trading.

Despite Lloyds of London submitting a pre-tax slump in profits of 50.6% to £1.89 bn the insurance industry is still in search of talented IT professionals in the UK. Key areas where companies continue to have budget include regulatory spend on areas such as compliance, insolvency II and IFRS Phase II. This has resulted in the need for both technical and functional staff both within the large insurers and filtering through to software and service providers. Eventus IT currently has a number of roles for both technical and functional IT professionals working in the insurance industry:

VB.NET Developer, Newport South Wales: http://tiny.cc/LafHO

C# Developer, City of London: http://tiny.cc/igWP8

Health Insurance Business Analyst, City of London: http://tiny.cc/7Zsct

Java/J2EE Developer, Cardiff http://tiny.cc/DbTeL

SQL Server DBA, Newport http://tiny.cc/PRZ1w

You can view a list of our current contract and permanent opportunities UK wide by visiting http://www.eventus-it.com/. If you can’t find a role that interests you feel free to call our office on 0845 496 0000 or emails us info@eventus-it.com.

First IT downturn since 2000

As the news that UK unemployment passed 2 million for the first time since 1997 and talk of the figure reaching 3 million before we leave the credit crunch behind us, where does that leave IT recruiters, IT professionals who feel redundancy isn’t too far off the horizon and those out of work and desperate to find new employment?

It may not be all doom and gloom for IT professionals! Certainly isn’t the case for interim IT Managers out of a sample of 9,000 recently surveyed are now on average able to command £697 per day despite this being the first market slow down since 2000.

All is not lost else where within the IT market, despite companies cutting back on IT expenditure software programming skills are still in demand with the Recruitment & Employment Confederation and KPMG UK Employment Report suggesting that .NET, C# and PHP programming skills are in high demand across the UK. I certainly see this to be true with many of our clients proactively looking to secure both VB.NET and C# permanent staff in London, Bristol and across South Wales, but on the down side salaries for these roles have seen a decline of 2.88% for VB.NET and 3.68% on this time last year.

I will aim to keep this blog updated with current market trends, hot technologies and sectors as well as providing tips on how to secure that elusive job. You can also view a list of our interim and permanent positions UK wide by visiting www.eventus-it.com.

If you wish to arrange for one of our consultants to discuss current IT market trends or advice on moving career feel free to drop us an email, including your name and contact number to info@eventus-it.com