Increase in IT sole trader pay

Date: 5th May 2010

Sole traders working in a wide range of UK sectors could be among those to have noticed better pay over the last few months.

According to the latest Report on Jobs by the Recruitment and Employment Confederation (REC) hourly pay rates for temporary and contract staff increased at the fastest pace for more than two years in March.

The study also showed that the number of vacancies available to contractors increased at the sharpest rate since January 2008.

REC chief executive Kevin Green used the figures to highlight to the winners of tomorrow's (May 6th) election how best to limit the impact of public sector spending cuts.

"The incoming government must address two immediate priorities – stimulating jobs growth and reducing expenditure without creating a public sector recession through shedding thousands of posts," he said.

"Private sector employers have used short-time work, sabbaticals and pay freezes as a means of reducing costs whilst retaining high-performing staff. Innovative resourcing strategies will be equally crucial within the public sector."

Posted by Emily Smith