According to the latest research findings from FPS group, the majority of contractors working in the UK use resources such as umbrella service companies and recruitment agencies to find new projects and employers.
After the recent revelations that a lot of Government contractors were avoiding tax by paying themselves through a personal service company, the Treasury has announced that all contractors earning more than £220 a day will have to pay the correct tax if they have been in a department for longer than 6 months.
SQ Computer Personnel, a recruitment agency that specialises in jobs for IT contractors, said recently that it received more new instructions in March this year than it had in any other month during the last two years.
Recruitment agency Adecco recently said that the number of job vacancies was on the increase last month, news that will no doubt delight IT umbrella company contractors.
The Agency Workers Regulations should not prevent organisations using umbrella company contractors to build a flexible workforce, according to the REC.
Recent research findings from Badenoch & Clark show that nearly 67% of public workers have decided to remain in their current position and 31% say they are happy in their current role. Yorkshire has the highest percentage of content employees at 44.7%.