Latest research by the European Forum of Independent Professionals (EFIP) has shown that there are now as many as nine million contractors working across Europe.
The EFIP’s report ‘Future Working: The rise of Europe’s Independent Professionals’, which was carried out by Professor Patricia Leighton from the University of Glamorgan, found that the number of contractors has risen by 45% in the last nine years.
Simon McVicker, Director of Policy and Public Affairs for the Professional Contractors Group (PCG), said of the findings, “This report proves conclusively that freelancing is the fastest growing sector of the European labour market.
“More importantly, it contains important recommendations for policy makers, businesses and freelancers themselves as we enter this brave new world of working.”
Mr McVicker believes that the outcome of this research has clearly shown that decision makers need to seriously consider the specific needs of the flexible workforce.
He continued, “The importance of recognising this important, powerful and expanding group and the huge contributions they make to economies across Europe cannot be overstated. Considering how vital this sector is becoming, it is crucial for decision-makers to take on board the recommendations from this report.
“The way we work is changing and unless policy, legislation and business practices change with it, we risk clipping the wings of the very sector of our workforce best placed to create growth and prosperity for our collective economy.”
Are you interested in joining the nine million contractors working across Europe and want to know what life is really like as a freelancer? Then visit our Life as a Contractor case studies hub for real life stories on working through your own Limited company, taking money out of your Limited company, understanding IR35 and much more.
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For more information on contracting, or our accountancy package, speak to a member of our new business team on 01442 275789 or email firstname.lastname@example.org.