Orange & Gold Blog

High demand for IT contractors

According to a leading recruitment firm, Harvey Nash, banks in the City are on an IT hiring spree. They are increasing the size of their IT teams with a view to improving the robustness of their risk mitigation and compliance systems, in the wake of the London Whale scandal and similar embarrassing incidents. They also reported that average salaries are in the region of £80,000 and that shortages of developers specialising in mobile devices and tablets are resulting in a shift from permanent to contract staff, with rates increasing too.