Contractor Demand in Europe Increases in Q2 2015

Posted by Joann Hoxha on Apr 3, 2015 12:00:00 AM

Find me on:

The Oxford Index for Europe is 107, down slightly from last quarter but still above 100, suggesting an increase in demand for IT, software/hardware, and regulatory and compliance contractors in Europe in Q2 2015.

The Oxford Index is a quarterly survey of projected demand for freelance contractors in Europe conducted by Oxford Global Resources. Oxford Index values above 100 suggest an increase in demand for contractors, and values below 100 suggest a decrease in demand.

Results of our study for Q2 2015 are based on 84 managers’ responses from across Europe.

Our survey revealed the following for Q2 2015:

  • 20 percent of our respondents expect an increase in their use of IT, software/hardware, or regulatory and compliance contractors to increase, while 13 percent anticipate a decrease in demand. 
  • 58 percent anticipate no change in their use of freelance software and hardware contractors in Europe, while the remaining 8 percent are unsure.
  • By area of specialty, the greatest anticipated increase in demand is highest for software and hardware freelance contractors, followed by regulatory and compliance contractors. Demand for enterprise applications contractors is also anticipated to increase in Q2 2015, as shown in the graph below.

EU_Demand_By_Specialty_Q2_2015

By country, The Oxford Index for Europe shows the strongest anticipated increase in demand in Finland, followed by Germany, then Denmark. Demand for contractors in Switzerland and the United Kingdom is anticipated to be flat for Q2 2015. 

EU_Where_the_Demand_Is_Q2_2015

For the full report of the latest freelance contractor demand trends in Europe, download a copy of The Oxford Index for Europe. 

The Oxford Index for Contractors in Europe

 

Topics: Engineering, Regulatory, IT, Europe