IT Contracting. Any advice please? - HotUKDeals
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IT Contracting. Any advice please?

gaanja Avatar
6y, 10m agoPosted 6 years, 10 months ago
Hi,

I was wondering if anyone works in IT as a short term or long term contract and if they could kindly throw some light on the current market trends and prospects. I understand that it all boils down to your skills set, but what's the general feeling amongst IT contractors? Is it the right time to get into it? Has hourly pay taken a battering in recent times or is it pretty stable? I'm thinking of getting into it in order to enhance my earnings and would greatly appreciate any tips and advice.

I work on Windows platforms and am a technical expert in XP, Vista and proficient in Win 7. Also do scripting via Wise. My current role involves providing Tier 3 support to onfield System Admins and creating/developing customised Windows builds for our clients. Have an old MCSE (2k), but I wonder if it counts for anything.

Cheers and thanks in advance.
gaanja Avatar
6y, 10m agoPosted 6 years, 10 months ago
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1 Like #1
I would say the outlook is good.

Because of the recession, alot of companies are looking towards contractors rather than hiring permanent staff. There has been alot of job cuts but the work is still there and someone still has to do it so thats where you will come in.

Also with alot of companies moving onto Window 7, I imagine there will be alot of migration contracts coming up in apps packaging, virtualisation and deployement.
#2
Also, pay is really dependent on skill set and availability of labour so its hard to gauge how that has been affected lately.
1 Like #3
Sorry I would say the opposite, I work in the Financial sector in IT and we are laying off contractors first at the moment and I know from friends in banks etc that thyey are doing the same.
There aren't that many companies that use Windows 7 and it usually takes a couple of years for them to move over (most I know are still on XP or 2000).

Good luck though in your career.
1 Like #4
[FONT=Verdana]Good luck there mate, as I'm a contractor and I'm strongly considering closing down my company - I know of several contractor colleagues who are winding down they're businesses, as they've been struggling to retain clients and that's even with very generous cuts in the cost of technical services being provided.

Cheers, Scotty Boy! :thumbsup:[/FONT]
#5
Thank you all for your advice. Appreciate it. I'm just worried about leaving my current permanent job and going into contracting only to find that there isn't much work or many opportunities to sustain myself and the family. Thought I'd weigh up the feedback and decide accordingly. Cheers.
1 Like #6
ive been in the game for 5 n half years now. tbh i feel ive been quite lucky as longest ive been on the bench has been 8 weeks. this was just before chrimbo last year. i always say if your joing the bandwagon be prepared to work away. for last 3 year ive been all over the country & family life has slightly suffered, but the money has been good. swing & roundabouts.

i have kind of been offered to go permy where im at now. yes its moving to the darkside, but with my mind still set as a contractor I say take the offer & take it as a 'low paid' contract.

as for the outlook on jobs. id say after March/April things will pick up. as mentioned Windows 7 will be the next thing with UAT testing, migrations etc.

If you need any advice on company formation give me a shout. my circle of conny friends know me as the 'taxman'!!
#7
gaanja
Thank you all for your advice. Appreciate it. I'm just worried about leaving my current permanent job and going into contracting only to find that there isn't much work or many opportunities to sustain myself and the family. Thought I'd weigh up the feedback and decide accordingly. Cheers.


if youve got a few quid in the bank & could survive for at least 3 months then take a hit. where u located?
#8
I was an IT contractor for the last 2 years (until may last year) since the recession IT contractors seems to be the first to go (speaking to a number of friends who are contractors), Even right not eyeing the market and there isnt much there and the money isnt as good. For a few quid less you'd be better of getting a perm job for now and then once the market pics contracting will be the way to go!!!
#9
Medical sector is doing pretty well, am seeing plenty of decent roles, with decent rates on offer.
All depends if you can hack the nhs, its a very different animal to the commercial world.
#10
lanc_red;7432749


If you need any advice on company formation give me a shout. my circle of conny friends know me as the 'taxman'!!

Thanks for the offer. Will consider it if I take the plunge!

lanc_red;7432764
if youve got a few quid in the bank & could survive for at least 3 months then take a hit. where u located?


Based in West London and no, I don't have a few quid in the bank...more like a few pennies!
#11
Oh maybe am out of touch with contracting work then. We hire quite a lot of contractors and if anything, I think we have actually hired more since the recession rather than bringing on new staff for short term work
#12
Id say try and bump your skills up a bit more first, with a bit more in depth knowledge you could do well, try this until the economy gets better and then go for it, might be useful learning not just microsoft systems, hope this helps!
#13
Thanks for the additional comments.
#14
gaanja
Thanks for the additional comments.


Good luck mate! :thumbsup:
#15
just another thing from experience.

if youre the sort of person who worrys about money or would potentially worry about where your next contract will be then its not the game for you.

ive worked with lads before who crumble when there told theyre being laid off early or their contract isnt being renewed.

if you come into the game, try n save at least a 3rd of your money each month. by the 9th month of connying you should then have 3 months worth to get by should you come out of contract.
#16
Very good point. I think a better option for me would be to wait for the next round of redundancies, which could be soon given the sentiments in our company, and get some money as severance pay. That could provide me with some sort of a cushion for a few months while I find my feet in the contracting world.
#17
gaanja;7433778
Very good point. I think a better option for me would be to wait for the next round of redundancies, which could be soon given the sentiments in our company, and get some money as severance pay. That could provide me with some sort of a cushion for a few months while I find my feet in the contracting world.


[FONT=Verdana]If you do go contracting make sure you get a good company to link into for assisting with managing it for you (especially if you go down the limited company route) - also be very careful regarding IR35, as that is pretty key as well for running your own company.

Myself I'm probably going to have to shut up shop soon and switch over to be a PAYE contractor, which is not ideal but I'm struggling to keep the clients with the current state of the economy in the UK & beyond.

Cheers, Scotty Boy! :thumbsup:[/FONT]
#18
Scotty Boy
[FONT=Verdana]Good luck there mate, as I'm a contractor and I'm strongly considering closing down my company - I know of several contractor colleagues who are winding down they're businesses, as they've been struggling to retain clients and that's even with very generous cuts in the cost of technical services being provided.

Cheers, Scotty Boy! :thumbsup:[/FONT]


Where are these lot going then for their contracts?

I'm just about to start a business in IT! bad time?
#19
5nowman;7436406
Where are these lot going then for their contracts?

I'm just about to start a business in IT! bad time?

[FONT=Verdana]
The bulk of them are closing up to keep down the costs, as you still have to pay to keep a company running (dependent upon how you run & manage it); the other thing to consider is which working sector you target your clients within, as that will have a bearing on how they (the clients) are in terms of available budgets.

For example the financial sector has taken a big hit whilst manufacturing is getting better.

With regards to your business what is it you trying to do but also which working sector are you trying to get clients from? Again this is my POV and there will be others that could agree or disagree from they're POV as well.

Cheers, Scotty Boy! :thumbsup:[/FONT]
1 Like #20
I contract in standard MS [web] Development (for the last 5 yrs or so), the market [for me] is ok, rates are a bit down but I have always found that if you do a good job and are conscientious you stand a good chance of getting follow-on or repeat contracts. undoubtedly some sectors have def. nose-dived but hey, there's alot of businesses needing work at any point in time so you have to be positive - just remember to factor in some periods of no-earning and try not to get flustered when you are out of contract.

good luck if/when you take the plunge, and dont forget you can always go permy again if you dont like it or dont have much joy...

dan

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