Umbrella company contractors may already be aware that some industry sectors are doing better than others. Prospects in the IT and telecoms sector for example are blooming whilst public sector opportunities are diminishing fast for obvious reasons.
The CEO of Work Wise UK, Phil Flaxton, said that unemployment figures are increasing and indications from the CBI and the TUC suggest this trend will continue.
However, he believes that organisations could turn to contractors or part-time workers in order to improve efficiency. Especially for smaller enterprises, it is probably more financially viable for them to take on a temporary or part-time worker rather than hiring a permanent member of staff. The key here being flexibility, he added.
Meanwhile, Robert Walters, the recruitment specialist, has warned that employment prospects in the financial sector remain uncertain.
A spokesman from the company said that last year’s hiring activity was a one-off. The banks made drastic cuts during the global economic crisis and they needed to hire a lot of staff quickly once the crisis was over.
There will be some movement but it could be delayed. People are confused over what they are worth and they don’t know whether they are being offered a good deal because it has become harder to compare. This uncertainty has led to people at senior levels devoting more time to decision making.
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Image: DOOM by marc falardeau
