As the credit crunch bites, IT contractors are quickly picking up the pace as organisations look to take action as the permanent market begins to slow. Although hiring contractors can be pricier than salaried employees, it's often the case that companies are more likely to pay that little bit extra to hire someone on a temporary basis to allow them to switch that resource on and off as needed. In the current climate it's a certainly a trend we've seen developing.

For those considering a move into contract work there are certainly benefits. For permanent staff, many employment niggles lie with a lack of variety of opportunities available. For many contractors the freedom and flexibility of their work allows them to focus on a specific project and remain 'psychologically distant' from company politics, moving on to new opportunities when the occasion arises or according to their own circumstances.

For the uninitiated - on a typical contract, you'd spend around 8 hours a day, for 5 days a week working on a specific project, with your roles, responsibilities and goals outlined in your contract description. Typically your work would be overseen and monitored by a manager within the organisation. However as jobs tumble, contractors and temporary staff are often the first to feel the effects.

One of the issues people have with moving into contract work is the very cutthroat nature of the business. As competition increases, we've also seen contract pay rates decrease over the last few weeks, so there are a number of reasons to weigh up the pros and cons of such a move before diving in. For those IT staff currently working on contract the expectation of going from one role to another in quick succession has been tempered, forcing contractors to be much more pragmatic about their work.

The overall feeling remains optimistic; as organisations seek short-term measures to offset a period of instability, opportunities will be there. It's for those with the right skills, determination and confidence to go out and take them.