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Best/Worst months for securing contract work?

 
#1 Best/Worst months for securing contract work?
20/07/2016 16:00

Deusextra30

I've been working as an independent contractor for 2.5years now and have only been out of work for about 2 weeks in that time period.

I'm coming towards the end of my current contract (end of September) and have started looking for my next piece of contract work, however, the contracting market seems quite bleak?

I've heard that July and August are quite bad months for securing contracts due to the holidays etc... is anyone able to provide some insight on the best times to win new contracts?

Cheers

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#2 RE: Best/Worst months for securing contract work?
20/07/2016 22:48

Ronin to Deusextra30 (#1)

Hey Deusextra30

First of all, you are right in your assessment; it is pretty bad out there right now due to both summertime + Brexit vote. Especially the latter is impacting hiring manager decision, most are holding fire (and I've heard some places implementing rate caps, cuts or implementation freezes).

Contracting market is quite cyclical and hottest periods are Feb-Apr and Sept-Oct. Aligned to that, worst times are July-Aug (summer vacations) and Nov-Jan(first half - again due holidays + budget prep + decision taking for projects to launch)

There are some agencies preparing reports on the market as well (i.e. Morgan Mckinley) which you can use to keep track of market in general.

Wishing you the best in finding a good gig for yourself...

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