SJD Accountancy

Contractor demand grows as more employers plan to hire in 2014

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The long term outlook for contractor job opportunities has strengthened, as a recent survey shows UK employers confidence has resulted in further hiring plans during 2014.

The latest JobsOutlook survey by the Recruitment and Employment Confederation (REC), questioned 600 UK employers about their hiring intentions over the next quarter and the next year.

Many of the respondents, which are drawn from across the public, private and non-profit sector, and from a range of industries and sizes, revealed that they will be looking to increase their use of flexible workers in the next three months, with 47% agreeing with this.  Compared to this time last year, this figure was just 30%.

The proportion of employers planning to take on temps over the next 4-12 months has increased by 3 points since November to 33%. The net balance of 25% is 11 points higher than the 14% recorded this time last year.

The survey also found that small businesses reported the highest level of confidence.

REC chief executive Kevin Green said, “It’s a bumper Christmas for the UK jobs market as employers indicate they intend to grow their workforces in 2014. This is good news for jobseekers. Compared to this time last year businesses are far more willing to commit to taking on more staff as they see demand for their products and services returning. The spike in demand for sales staff over the last quarter is particularly telling.”

Are you considering making the switch from working as a permanent employee to a contractor? Then read our free downloadable guide to moving from permanent to contracting, you may also find our advantages and disadvantages of a Limited company page useful.

If you wish to appoint SJD as your accountants, simply complete our online Client Agreement Form or speak to a member of our New Enquiries Team who can complete the client agreement form on your behalf. Call 01442 275789 or email newbusiness@sjdaccountancy.com.

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