Joslin Rowe Temporaries, the City recruitment firm, says that the recent market turmoil is proving advantageous for London's large temporary and contingent workforce of accountants, bankers and other professionals.

Nabila Sadiq, Managing Director of Joslin Rowe Temporaries, explains, 'In times of volatility everyone presumes all City recruitment falls away dramatically. In actual fact, temporary hiring will usually increase in periods of market adjustment, as some clients capitalise on more flexible recruitment solutions.'

According to data produced by Joslin Rowe, the last few months of the credit crunch have corresponded with a marked rise in temporary recruitment in the City, with the number of open positions increasing by 9% in the last 8 weeks or so. Nor have the unsettled market conditions impacted on pay. Hourly or daily rates of pay remain exceptionally competitive.

'Most of our contingent or temporary workers are still receiving multiple offers and lucrative contracts. In addition, anyone choosing the temporary route at the moment will be perfectly placed to take advantage of any sudden upturn in the permanent job market', advises Sadiq. 'We also expect a high proportion of temporary positions to go permanent once the market recovers'.

If you want to find out more about the current positions available for contractors and contingent workers please visit our website.