Lawspeed, the recruitment law specialist firm, claims there could be a conflict of interest between HR and finance departments when the Agency Workers Regulations are enforced in October this year.
As from October 2012, employers, including umbrella companies, will need to enrol their staff in a pensions scheme automatically.
More and more umbrella companies are cropping up on every street corner and more and more agencies closing ranks and whittling down their umbrella company lists, it is becoming increasingly harder for umbrella providers to compete it would seem.
IT umbrella company contractors should have been amongst those to benefit from an upsurge in demand for their services in recent months.
Late payments increased by 16%, to 25.7 days, in the final quarter of last year, a situation which had an adverse affect on some recruitment companies.
Following David Cameron’s ringing endorsement last week; a recent report has further highlighted the strength of the UK’s contracting sector.
Freelancers will no doubt be relieved to learn that Work Wise UK thinks there will not be a large rise in unemployment next year.
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.
Umbrella company contractors looking for executive roles will have been encouraged by the recent comments of Dr John Philpott.
The REC is holding a series of regional workshops around the country to help its members understand how the Agency Workers Regulations will impact their business.
Recruitment agencies supplying staff to hospitals have hit back at the unions who claim that recruiters are charging outrageous fees.
The latest employment statistics from the ONS showed a rise in the number of people who are working and this rise is in part attributable to an increase in the number of umbrella company contractors.
1% fewer companies became insolvent in the 2nd quarter compared to the 1st quarter of 2010 according to the latest analysis from PricewaterhouseCoopers. 3,467 businesses became insolvent during the period, a drop of 28% from the same quarter last year.
The REC is calling for the current enforcement mechanism for the recruitment sector to be protected and enhanced.
Vince Cable has pledged to review the incoming agency workers directive but some employers are warning him not to jeopardise a deal that was previously agreed with the unions.
