Continued

Contractor Profile

Holidays

In 2026, respondents report taking an average of 22 holiday days, up one day from 2025 and in line with 2024. Most contractors continue to take relatively limited time off. 66% report taking fewer than 23 days in the year, broadly unchanged from 2025. While 34% take longer breaks of 23 days or more, extended holidays remain uncommon. The data highlights a cautious approach to time off, perhaps a reflection of the opportunity cost of time off and associated financial risks of independent work.

Average Holiday Days

22

2026

21

2025

22

2024

24 days

2023

21 days

2022

17 days

2021

Key Motivators

The survey results for 2026 indicate that higher income and job autonomy remain the primary motivations for contracting. Both are identified by more than three quarters of respondents as factors that caused them to become contractors. Job autonomy increased in importance with a rise from 69% to 74% since last year.

Opportunities for growth and engagement also remain significant motivations. In both 2025 and 2026, 63% of respondents agreed that contracting offers the chance to gain new expertise, and ‘doing more interesting work’ also remained high, increasing from 65% in 2025 to 69% in 2026. This highlights that contractors are not only motivated by pay and flexibility, but also by learning, variety, and fulfilling project work.

Motivations for Choosing Contracting

Other motivating factors also increased in 2026 compared to 2025, the ‘ability to increase pension’ up from 42% to 44%, ‘avoiding workplace politics’ up from 43% to 48%, and ‘avoiding a hostile culture’ up from 37% to 41%. These increases point to an improving positive work environment. Interest in ‘extending careers or delaying retirement’ increased from 26% to 31%, confirming contracting’s appeal as a later career option.

Turning to push factors, motivation due to redundancy increased from 23% to 25%, difficulty finding employment increased from 16% to 22% and as a route to get back into the workplace after a career break grew from 11% to 17%. These increases indicate a hardening of labour market conditions where contracting is proving a re-entry route to get back into work. Motivational factors in 2026 are dominated by pull factors – choice, opportunity, and long-term career control – more than push factors based on necessity and needs.

Average Daily Rate

On average contractors earn more than permanent employees in comparable roles. In part this is because contractors seek to be compensated for the higher risk and the absence of benefits such as sick pay, paid holidays, and social welfare support when compared to employees. But contractors’ earnings premium over employees indicates that they must also be bringing some additional productivity benefits which some of our research on blended workforces has shown are linked to greater organisational innovation, flexibility, agility, and risk management.

The mean contracting daily rate in 2026 increased slightly from €552 in 2025 to €556 in 2026. The median remained unchanged at €500, consistent across recent years, which suggests core market rates have declined in real terms as they have not kept up with inflation.

 

€556

2026

Average Daily Rate

€552

2025

Average Daily Rate

€571

2024

Average Daily Rate

€568

2023

Average Daily Rate

€565

2022

Average Daily Rate

€501

2021

Average Daily Rate

Average Daily Rate by Age

The average day rate increased at the tails of the age distribution and declined for all other age groups. The average daily rate for contractors aged 29 and below increased from €359 to €380 while contractors aged 60 experienced their daily rates increasing significantly from €656 to €705. Daily rates fell from €480 to €467 for the 30–39 group while those for the 40–49 dropped from €587 to €539. Contractors aged 50–59 experienced a more modest decrease from €618 to €611 but remain well above the mean. The upward monotonic relationship between age and day rates highlights the high value organisations place on experienced and proven contractors.

Average Daily Rate By Industry

Industry daily rates for 2026 show declines rather than increases, across many of the major contracting sectors, however there are three important contracting sectors showing year-on-year increases. Pharma recorded a 9.1% increase, rising from €486 to €530, making it the strongest performer among the core sectors. Medical devices also increased by 8.8%, from €397 to €432, bringing it back in line with the daily rates seen in previous years. Life sciences showed a small positive rise, increasing by 3.0%, from €513 to €529.

In contrast, several other large contracting sectors saw decreases in daily rates. Information Technology fell by 9.7%, from €631 to €570, while telecommunications declined by 7.1%, from €635 to €590. Daily rates in the Finance sector experienced the largest adjustment, decreasing by 12.1%, from €695 to €611, though it still remains one of the higher-paid contracting sectors. Engineering and technical activities decreased by 7.7%, from €519 to €479, continuing a gradual downward trend since 2022. Outside these priority sectors, a small number of industries showed significant adjustments, including large increases in the daily rate for the marketing and design sector, €757 this year compared to €452 in 2025 and administrative and support services, increasing from €769 compared to €425 in 2025. Professional services and education showed significant declines in daily rates this year, down from €873 in 2025 to €613 and down from €698 in 2025 to €589 respectively.

2026 2025 2024 2023 2022 2021
Accommodation and food service €500.00 €375.00 €275.00
Administrative and support service €769.00 €425.00 €605.00 €825.00 €339.00 €450.00
Agriculture, forestry and fishing €645.00 €463.00 €485.00 €453.00 €527.00 €447.00
Construction €650.00 €583.00 €598.00 €676.00 €732.00 €459.00
Creative, art, entertainment and recreation €414.00 €387.00 €524.00 €413.00 €522.00 €525.00
Education €589.00 €505.00 €616.00 €402.00 €1,186.00 €515.00
Electricity, gas, steam and air conditioning supply €629.00 €698.00 €619.00 €473.00 €557.00 €564.00
Engineering and technical activities €479.00 €542.00 €545.00 €543.00 €565.00 €460.00
Finance €611.00 €519.00 €661.00 €633.00 €598.00 €589.00
Information Technology €570.00 €695.00 €532.00 €540.00 €568.00 €529.00
Insurance €586.00 €631.00 €767.00 €620.00 €591.00 €544.00
Life Sciences €513.00 €632.00 €581.00 €561.00 €582.00 €488.00
Manufacturing €593.00 €529.00 €599.00 €516.00 €638.00 €510.00
Marketing and design €757.00 €585.00 €630.00 €353.00 €617.00 €366.00
Medical Device €432.00 €452.00 €498.00 €493.00 €451.00 €429.00
Medical Locum €496.00 €397.00 €522.00 €670.00 €597.00 €475.00
Mining and quarrying €425.00 €474.00 €560.00
Other human health and social work activities €544.00 €200.00 €612.00 €898.00 €434.00 €459.00
Other scientific activities €388.00 €500.00 €389.00 €690.00 €288.00
Other service activities €388.00 €560.00 €413.00
Pharma €530.00 €486.00 €496.00 €527.00 €509.00 €452.00
Professional activities (e.g., legal, management consultancy, advertising, etc.) €612.00 €873.00 €725.00 €767.00 €702.00 €733.00
Public administration and defence (compulsory social security) €657.00 €611.00 €654.00 €586.00 €762.00 €615.00
Real estate €100.00 €300.00 €400.00 €738.00 €0.00
Telecommunications €590.00 €635.00 €549.00 €581.00 €576.00 €0.00
Transport and storage €719.00 €596.00 €606.00 €625.00 €552.00 €559.00
Water supply; sewerage, waste management and remediation €526.00 €454.00 €715.00 €590.00 €531.00 €527.00
Wholesale and retail trade €611.00 €625.00 €456.00 €650.00 €580.00 €480.00

Average Annual Earnings

Annual earnings in 2026 remain stable. Mean earnings increased slightly from €117,978 in 2025 to €118,177 in 2026, The median increased from €108,500 in 2025 to €114,000 in 2026. The survey for our 2026 report occurs during the final quarter of 2025 when the CSO estimates that the weekly earnings of employees has risen to €1,012 equivalent to €52,624 per annum. Therefore, high skilled independent contractors are earning two and quarter times average employee earnings.

 

€118,177

2026

Average Annual Earnings

€117,978

2025

Average Annual Earnings

€114,000

2026

Median Annual Earnings

€108,500

2025

Median Annual Earnings

Happiness: Job & Life Satisfaction

Contractors remain positive in 2026! 84% of respondents expressed satisfaction with their current life in general. Contractors also continue to report high levels of satisfaction with their work, 87% in 2026 up from 84% in 2025. In the survey, contractors were asked about their level of satisfaction with other key elements of their job and working life.

In 2026, flexibility of hours remains the strongest driver of satisfaction at 85%. Satisfaction with job location was down marginally from 84% to 83%. Satisfaction with pay also fell this year from 84% in 2025 to 81% in 2026. Satisfaction levels with remote working options increased to 76%, compared with 74% last year, while work–life balance also shows an increase this year 77% up from 75% in 2025.

Satisfaction with career success fell from 89% in 2025 to 84% in 2026. Satisfaction with progress towards overall career goals also declined, from 84% to 79%, however both remain high in absolute terms. In 2026, contractor wellbeing indicators dropped, 29% of contractors report loneliness and 17% report burnout. Both are higher than in 2025, perhaps signalling increased pressure even as overall work satisfaction and flexibility remain strong.

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Contractor Profile

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