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Number of UK contract workers increase by 12%

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A new independent report has revealed that the number of freelancers in the UK has recently grown by 12 per cent.

The report, which was carried out by Kingston University on behalf of the Professional Contractors Group (PCG), showed that more and more UK business are choosing to hire contractors in order to carry out specialist work.

With the current economic climate it’s easy to see why more companies are choosing to take on freelancers; it is much more cost effective for them as they don’t need to pay for the same benefits as they would a permanent employee.  They also have the confidence that they will be hiring someone who has specialist skills in their chosen field.

A third of the businesses surveyed said that they use contractors on a weekly basis and 41 per cent plan to expand their use of flexible workers in the near future.

John Brazier, managing director of the PCG, said, “The findings from the Kingston Report prove that freelancing is now one of the cornerstones of the UK economy. This data is especially important now as it shows that in tough economic conditions, the ability to be flexible is critical – both for businesses and individuals looking for work.

Flexible workers such as contractors and freelancers now account for 6% of the UK’s workforce, making it a significant constituency within the UK workforce deserving of a voice at policymaking and governmental levels.”

The UK’s contractor community will have even more to celebrate later this year with the oncoming National Freelancers Day.

Wednesday 21st November 2012 will celebrate the self-employed in Britain today with a series of seven, five minute films created by freelance producer Rob Edwards and a team of freelance specialists.

A big discussion point covers the issue of how those who are self-employed are crucial for the UK’s economic recovery.

Please visit our Contractor News page for all other news. To discuss this story further visit our SJD Accountancy Blog.

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