The Practical Guide to Limited Company Tax
If you have chosen to operate your business as a limited com...
By Jonathan London on 26th August 2015
Temporary and contract vacancies have remained stable during the last quarter, according to a new survey from the Association of Professional Staffing Companies (APSCo).
In fact, year-on-year figures show a 0.7 per cent increase in opportunities across this market, with the finance and accounting sector providing particularly strong opportunities to freelancers and the self-employed.
Vacancies within this sector have actually experienced an 11 per cent increase. What is notable for contract workers is that while permanent employees are also experiencing a real upswing in opportunities, this is not diminishing the number of short-term positions available.
Commenting on the news, chief executive of APSCo Ann Swain said: “Despite the fact that employment levels remain close to record highs, there has been no drop in demand for contract professionals.
“This cements the fact that the flexible workforce is now an essential element to any strategic workforce plan, enabling employers to bring in high-level or niche skill sets that would be near-on impossible to secure on a permanent basis.”
This positive sentiment echoes the findings from the latest JobsOutlook survey from the Recruitment and Employment Confederation, published earlier this month.
This survey found that 98 per cent of employers intend to either maintain their current use of temporary workers over the next quarter or increase it. The majority of these employers (79 per cent) claimed that the need to access key skills on a short-term basis was the main driving force behind their hiring of such staff.
The data from APSCo also pointed to a rise of 7.5 per cent in average salaries across both permanent and temporary staff – something that may make freelancers want to reconsider their rates, particularly if they work in high-demand sectors such as finance and accounting.
This rise in professional salaries actually exceeds that stated by the Office for National Statistics, which cited an annual growth rate of 2.3 per cent in the three months to June.
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