Not only is contracting becoming more popular, it is also becoming more lucrative for contractors.
Citing data from the Yoh Index of Technology Wages, Human Resources Executive Online has reported that hourly wages for skilled temporary workers increased 4.3 percent between last November and December after hitting a four-year low in September. This hike includes workers in Information Technology, Healthcare, and Engineering, which, according to numbers tracked by FoxHire last year, are currently three of the hottest areas for contract staffing.
This is particularly encouraging because temporary/contract wages tend to be lower in December. Some experts believe this increase could be a good sign for the job market in general and that it may signal a future war for talent for these skilled workers.