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Oracle Contractor Jobs

Oracle finished with a crescendo in 2007 with record profits and substantial growth but despite this, the benefits for Oracle contractors have yet to begin to flourish so far in 2008.

Oracle’s success in 2007 was primarily due to their acquisitions strategy incorporating selling industry-specific applications to their existing database, middleware, ERP and CRM customers. Because of this strategy Oracle experienced an impressive 63% reported growth over rival competitor SAP.

In addition to selling applications to their existing customers, Oracle for 2008 are now selling industry-specific solutions to banking, telecommunications, retail, Government, utilities and healthcare industries.

It is no surprise that the strategy for the year ahead is further growth and by selling to their existing customers it is likely to allow Oracle to leverage relationships, leverage support and leverage existing products.

For many Oracle contractors this increase in market growth has yet to materialise in increased vacancies nor has it meant an increase in pay. Oracle professionals in permanent positions have also not benefited financially.

Highlights from the latest Oracle salary information, show the following (source: IT JobsWatch.co.uk):

  • Average annual salary for the last 3 months for a permanent Oracle job was: £46,244
  • This has remained relatively static over the last 12 months
  • The average Oracle contractor daily rate for the past three months was £418. This is comparable to the amount it was in the same period last year

Over the past 12 months the Oracle jobs market has remained relatively static in terms of remuneration but one exception to this overall trend has been for Oracle EBS (E-Business Suite) consultants. Oracle EBS consists of a collection enterprise resource planning (ERP), customer relationship management (CRM) and supply-chain management (SCM) computer applications. Permanent Oracle EBS consultants have enjoyed a healthy 12.57% rise in their salary to £58,243 whilst contractors have seen a rise of 4.59% to £439 per day.

Oracle professionals in permanent positions who are looking to enhance their salary in 2008 should consider evolving their skills and experience by taking contract work. The market is offering diverse opportunities and those with the most skills and experience will be in greatest demand and consequently will be able to generate a higher salary.

For those with Oracle contractor jobs who are nearing the end of their contracts and are considering renewing need to watch the market closely. Any rises in market values could allow contractor’s room for negotiation and pay could very well start to show growth later in 2008.

There are hundreds of Oracle jobs advertised at Technojobs.

Data source: IT Jobs Watch: www.itjobswatch.co.uk 15th February 2008

Further information on Technojobs:

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  • Online since 1999
  • Thousands of quality jobs in the IT, Electronics, Engineering and Telecoms industries
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