What counts as a good (daily) rate these days?

[Lumiere]

Someone enlighten me please what roles command such rates?

http://www.itjobswatch.co.uk/contrac...&id=0&lid=2618

[digerido]

Thanks for the link,

If I go to Category: System Software that explains everything.

Time to completely re skill I think...

[nomadd]

I've heard about these rates, £500 £600 even £700 + per day. Can people honestly earn this amount?

For the past 10 years I have had to constantly re train, pass exams and gain the qualifications just to get the £250 £300 per day Infrastructure jobs, if I'm lucky

Someone enlighten me please what roles command such rates?

Simple. Move to London. Work in Finance. £500+ per day is easily doable. Just go and have a look on Jobserve. The problem is, getting that first break into Investment Banking - that's very tricky at the moment.

Of course, as many threads on this forum have shown, Investment Banking isn't everyone's cup-o-tea.

Nomadd

[dmuk]

I would love to know how to pick up a £500 per day role. I work in central London with a finance background. Where am I going wrong? How many years of experience are required?

Where do I begin?

[nomadd]

I would love to know how to pick up a £500 per day role. I work in central London with a finance background. Where am I going wrong? How many years of experience are required?

Where do I begin?

Jobserve, Contract Only, 7 day search, £50+ per hr (8 hrs / day is typical in banking, so £50 /hr gives us £400+ per day):

Proximity Results are: LONDON (ENG) + 25 Miles (435 Jobs)

There are just under 80 jobs in the £600-£850 / day range.

I'd say at least 3 years experience. But you may get lucky with less, if you have the right sort of background (i.e. you've already done something very similar to what the client is looking for on your last project.)

Nomadd

[ChimpMaster]

http://www.itjobswatch.co.uk/contrac...&id=0&lid=2618

ITJobsWatch is wayyyyy off the mark. I know it's an attempt to take an average view of the rates but this is so far off the truth that its laughable.

[dmuk]

Jobserve, Contract Only, 7 day search, £50+ per hr (8 hrs / day is typical in banking, so £50 /hr gives us £400+ per day):

Proximity Results are: LONDON (ENG) + 25 Miles (435 Jobs)

There are just under 80 jobs in the £600-£850 / day range.

I'd say at least 3 years experience. But you may get lucky with less, if you have the right sort of background (i.e. you've already done something very similar to what the client is looking for on your last project.)

Nomadd

So with my four years experience in investment banking based in London (not including non-UK experience) I should not have a problem landing a £400 per day role. I must be doing something really wrong.

Do I need to focus more on the project side? Focus on a technical skill? Could you provide some examples?

And the IT Jobs Watch website is misleading. Look closely at the number of respondents to their survey. Some only have 1 respondent. Hardly a reliable sample group....

[Tingles]

So with my four years experience in investment banking based in London (not including non-UK experience) I should not have a problem landing a £400 per day role. I must be doing something really wrong.

Do I need to focus more on the project side? Focus on a technical skill? Could you provide some examples?

And the IT Jobs Watch website is misleading. Look closely at the number of respondents to their survey. Some only have 1 respondent. Hardly a reliable sample group....

Look on jobswerve and look at what the requirements are....

T

[rsingh]

So with my four years experience in investment banking based in London (not including non-UK experience) I should not have a problem landing a £400 per day role. I must be doing something really wrong.

Do I need to focus more on the project side? Focus on a technical skill? Could you provide some examples?

And the IT Jobs Watch website is misleading. Look closely at the number of respondents to their survey. Some only have 1 respondent. Hardly a reliable sample group....

Without knowing more about your skills, no-one can tell you what you would be able to achieve on the open market. Clients don't pay the big bucks to then have to spoon feed a contractor with basic information. You must also realise that there are people benched with in excess of 10 years experience. 4 years is nothing.

[nomadd]

Do I need to focus more on the project side? Focus on a technical skill? Could you provide some examples?

Yes, the "project" side. If you have any experience of front office development, financial analytics, security, large-scale project management, etc.

As others have said (and me) do some research of your own: only you know what your skills are. Look on Jobserve and scan the job ads to see what's hot and what's not. That's what I and all other sensible contractors do. It's always very difficult to try and second-guess the market, but I've found a good scan of Jobserve to be very worthwhile.

Nomadd