Contractor Rates Increase In 2015

2015 has seen a visible rise in contractor rates in Q4, particularly in the IT sector. It is now common to see developer roles exceeding £500 per day with senior management roles at £1,000 per day. Junior IT roles above £300 are now commonplace making IT one of the most lucrative industries for contracting in London.

The rate increases are set to exceed the rise in taxes and inflation anticipated in 2016. If you have not reviewed your rate you should consider doing so soon.