The rise of Tech disruptors has shown no sign of slowing down but organisations have been hesitant to hire contract professionals and commit to projects amid Brexit uncertainty.
2018 saw the meteoric rise of the Tech sectors, especially HealthTech, FinTech and MarTech - this trend has shown no signs of relenting in the first few months of 2019. Organisations in these areas are considered disruptors and their rapid rise to prominence has resulted in a consistent need for recruitment and has, in turn, caused salaries to increase steadily.
To stand any chance of retaining their top performers, companies now have to offer a greater benefits package, including flexible working hours and the opportunity to work from home a couple of days per week. Beyond this, it’s important to have all the relevant latest technology for employees to use and some organisations are even offering share options as an alternative benefit.
Python skills and experience remain highly advantageous for almost all technology positions, from Support right through to Data and Development roles. Automation skills are now extremely in demand - undertaking any training in this area will help future proof your career.
The temporary side of Data and Technology recruitment has reduced significantly, with far fewer new requirements for contractors being seen. One of the primary contributing factors to this is the fact organisations are embarking on few non-essential projects amid Brexit uncertainties; they don’t want to commit to anything until it is known what the outcome will be. Everything is under a lot more scrutiny in the current climate, including regular permanent hiring.
The other main factor could be the perceived negative fallout from the changes to IR35 coming into force in April 2020. These changes may lead clients to consider alternative ways of delivering projects, either via Consultancies or Employed Consultants.