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by lbreakjai 836 days ago
It's depressing to see that the average day rate in London is still at around 500 pounds. I made as much in my first contract 7 years ago. Sky was offering 650 pounds a day for your average frontend react role.

I thought the times were good, but even then the old timers were talking about the good old days with some nostalgia.

2 comments

650 a day is still common. It just isn't as visible because the government injected fear in to the market.
I'm out of the game (Even out of the UK) but I work for a British company, with about 30 contractors on board. We're starting to wind the project down, and I think there's a genuine sense of fear that the market has considerably dried up.
It has. Unless you are willing to take a reduced rate, there’s not a lot out there. I’m just about to go perm again after 6 years contracting because I’ll be better off !
Well, real median full-time wages in the UK are lower than 15 years ago. Why would contracting rates be any different?

UK labour market is dire. UK GDP growth is stagnant and border line non-existant