PAYE umbrella contractors with expertise in the IT skills market could be amongst the beneficiaries of a new initiative to combat cybercrime.

Last month saw the launch of the “International Cyber Security Protection Alliance” (ICSPA) in London, a project that promises to yield some enticing new opportunities for the UK’s IT experts.  The Alliance marks the first occasion in which businesses and governments across the world have joined forces with law enforcement agencies to fight cybercrime.

UK Prime Minister David Cameron has welcomed the setting up of the ICSPA, which will facilitate the exchange of expert knowledge on cyber security on an international scale and will invest in training to create a network capable of meeting the challenge of international cybercrime very robustly.  Mr Cameron stated that the nature of the threat has made international collaboration indispensible.  He added that the UK government has sought to improve the national infrastructure and protect against cybercrime with a significant investment of £650 million.

But there’s more good news for those who make their living through IT contracting – the specialist IT recruitment firm Greythorn has revealed that its data shows a 7.5 per cent rise in average IT sector pay over the last year, taking it to over £46,000 per annum.  Not only that, but bonuses also enjoyed a surge over the same period, soaring by 19 per cent on average to hit £8,740.

Greythorn’s Managing Director, Paul Winchester, believes the big pay increases reflect the fact that talented and experienced IT professionals are still hard to find, with the result that companies wishing to enhance their competitiveness through IT are having to pay a premium in order to secure the best people.

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