Earlier this week Mark Prisk spoke to the Summit for Small Business and explained how the government intends to help the five million SMEs, which includes umbrella companies, in Britain grow now that the recession is behind us.
The REC is worried that the public expenditure cuts announced in the CSR will lead to kneejerk cuts in staffing budgets.
Increased confidence in the manufacturing sector could spell bad news for umbrella company contractors.
The MD of technical recruiter CBSbutler, David Leyshon, believes that the government should tighten up immigration rules to ensure that highly skilled migrant workers from non European countries are not stuck in menial roles.
The requirement for all employees to be enrolled automatically into a pension scheme is due to be implemented in 2012, but it seems there are still some aspects of the legislation that are causing concern.
How is the Revenue going to survive the spending cuts? Some advisers have suggested that it might roll out more amnesties in the hope of increasing cost efficiency.
Dr John Philpott, the chief economist at the CIPD, believes that the executive search market will continue to grow because neither the public nor the private sector has the ability to find and retain highly skilled workers.
British consumers are likely to tighten their belts according to Travelex, the foreign exchange specialist.
We are likely to witness a new North/South divide, courtesy of the government’s Comprehensive Spending Review, according to thinktanks and unions.
As expected, the government’s Comprehensive Spending Review confirmed that a significant amount of jobs will be lost in the public sector.
Umbrella company contractors looking for executive roles will have been encouraged by the recent comments of Dr John Philpott.
The latest JobsOutlook from the REC shows that the overall jobs outlook is still mixed, but in the short to medium term, employers are making more use of temporary agency workers and contractors.
Lloyds Banking Group recently announced it was to cut jobs, a move that will affect 1,150 umbrella company and limited company IT contractors in the UK.
Professionals and employers are showing signs of increased confidence as the unemployment rate falls, according to Hays Recruitment.
Despite the decline in demand last month, the ICT sector is still looking healthy, according to the REC’s latest Report on Jobs.
Contractors working in the retail sector have seen their rates slashed since the recession began, according to Interim Partners’ director of retail and consumer.
