Research by the Association of Recruitment Consultancies suggests that the contractor workforce in the UK may be about to suffer because of the implementation of AWR.
Contractors could be better off as a result of George Osborne’s announcement that the income tax threshold will change. The REC said that temporary agency workers who only work for short periods will be especially delighted with the budget announcement.
The European Union has proposed a new set of guidelines for labour reform in the member states but the ARC is concerned that the EU agency workers’ guidelines depict contractors and freelancers in a negative light.
According to the REC's latest JobsOutlook report, agency workers, umbrella company employees and limited company contractors will become a vital compenent in the economic recovery.