SJD Accountancy

Permanent placements fall, whilst contracting continues to grow

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New figures have revealed that contracting is on the rise within the professional jobs market, while permanent positions are decreasing.

The latest data, taken from the APSCo, has shown that contractors working in the professional jobs market, such as bankers, accountants and IT workers, might have found themselves in much higher demand over the past 12 months.

According to the findings, permanent placements in these types of sectors have fallen by 5.8% in the last year, whilst contracting roles have increased by nearly 5%.

Ann Swain, Chief Executive of APSCo, said, “What’s becoming clear from these monthly trends is that we are entering into a new era of corporate agility where temporary workers will no longer be seen as ‘a typical’ but as the new way of working.

“Although permanent staff may be paid less than contractors, there are significant additional costs for the employer when they take on full-time employees.

“The use of contract workers is continuing to offer a great deal of flexibility to both employers and employees.” 

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