State of the Market

[sadkingbilly]

Tories wanted cheap labour and to drive wages down....Labour won't fix it though...

Rishi wanted Infosys to make lotsadosh for his wife's retirement fund, you mean.
but hey, .

[GJABS]

I was a Remainer, but a lot of people voted for Brexit to reduce immigration when in fact it has hit record highs since.

It was sold on the basis that it would allow us to control immigration. The trouble is people misinterpreted that word to mean to reduce, rather like "pest control" means to reduce the number of pests. Whereas what it actually means is to give parliament the ability to choose who to bring in, to increase or reduce it as they see fit.

[edison]

I heard it called the White Collar Recession.

I suppose high end consultants who don't need a team (or at least a very small one) around them might prosper in a period of uncertainty but I imagine very few people are switching jobs at the moment so the need for Interim CTO/ITD is quite low, plus anyone who needs to assemble a team is in the same boat as the rest of us.

A white collar recession indeed, primarily affecting IT, finance, managerial roles and consulting. Earlier this year, McKinsey infamously offered some of its senior UK staff nine months salary to stop doing their normal day job and start hunting for their next one.

A lot of high end consultants are associates of multiple consulting firms and demand for their services depends on the health of these consultancies. I know three of these challenger tech and transformation consultancies that are doing very well but at this level (£1000-£2000/day or more), networking is everything in order to be invited to become an associate.

[dsc]

It was sold on the basis that it would allow us to control immigration. The trouble is people misinterpreted that word to mean to reduce, rather like "pest control" means to reduce the number of pests. Whereas what it actually means is to give parliament the ability to choose who to bring in, to increase or reduce it as they see fit.

This + the fact that you can do whatever you want with employment rights as the big bad EU can't force you to do XYZ.

[SussexSeagull]

It was sold on the basis that it would allow us to control immigration. The trouble is people misinterpreted that word to mean to reduce, rather like "pest control" means to reduce the number of pests. Whereas what it actually means is to give parliament the ability to choose who to bring in, to increase or reduce it as they see fit.

I could probably get behind a system that let the best people move here regardless of where they are from but as you say a lot of people just thought it would stop or heavily reduce immigration and a lot of politicians didn't correct them.

[SchumiStars]

And why would you employee a British citizen when you can get two Indian developers for the same amount of money.

I was all for immigration, my dad came here in the 50s, to give us all a chance. But it's just madness to have inflicted so many visas in such difficult times.

Hoping I might be one of the guys that HR need to entice multicultural working practices.

Seriously one tulip, dead, ******* IT industry. London is supposed to be one the tech giants of the world.

I did find out that being a London street begger can net £150pd. Perhaps that's what the goverment wants us to do that?

[SchumiStars]

WTF is wrong with me?

I am security cleared, Oxford Grad who has 25yrs of development experience in Java and .Net.

What have I got to do to get a contract, I have been looking for nearly 2yrs now. FFS.

[Cookielove]

I suspect that the numbers are actually much higher other sources seem to suggest that they are ....so last year over £1million in net migration ....jeez that is the size of a very large city...surely the madness needs to end!

[Fraidycat]

WTF is wrong with me?

I am security cleared, Oxford Grad who has 25yrs of development experience in Java and .Net.

What have I got to do to get a contract, I have been looking for nearly 2yrs now. FFS.

Nothing wrong with you.

Development roles, contracts and even perm roles have dried up for both C sharp and Java.

This is the chart for c sharp, java is similar.

[GJABS]

WTF is wrong with me?

I am security cleared, Oxford Grad who has 25yrs of development experience in Java and .Net.

What have I got to do to get a contract, I have been looking for nearly 2yrs now. FFS.

There's nothing wrong with you. There are just not enough jobs out there for us.