SJD Accountancy

Flexible working is ‘more financially beneficial’ for employers

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Recent comments from one industry expert confirm what contractors have always known – that flexibility is key to business growth, and this will be the case especially over the next few years. Phil Flaxton is Chief Executive officer of Work Wise UK, a not-for-profit initiative which aims to make the UK ‘one of the most progressive economies in the world, by encouraging the widespread adoption of smarter working practices’.

In a recent interview Mr Flaxton stated that ‘flexibility will be a key issue’, with small firms looking to complete projects while keeping headcounts down. He went on to say that, for a lot of businesses, taking somebody on via a flexible arrangement is ‘probably more financially beneficial than taking somebody on full time’. Which is of course not news to the contracting world at all!

These comments were also supported by the latest data from recruiter de Poel, which showed a 10.36% rise in demand for non-permanent workers in March. Echoing Phil Flaxton’s opinion, Chief Executive of de Poel Matthew Sanders commented, “This data shows that businesses are still wary about employing permanent staff and so temporary workers are a brilliant solution to business fluctuations.”

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