The third quarter of 2010 is set to see most contractor rates remain stable and a number rise, according to research from RPO provider Alexander Mann Solutions.

The largest rise in rates for Q3 is set to occur within the banking IT sector which set to rise by 2.8%, while the facilities, marketing and administrative sectors are all relatively stable, with no major increases or decreases expected.

Matthew Rodger, director of contingent workforce solutions at Alexander Mann Solutions, says: “With no drop in rates for the first time in over a year, the signs are that the contingent workforce recruitment market is now finding its feet once again after a number of difficult quarters. This is clearly good news for flexible workers and, while some elements of the market are still unpredictable, the indications are that this will mark the start of a more stable period for contingent workforce recruitment.”