Search Results for: contractors

One in five businesses plan to drop contractors because of IR35

One in five businesses plan to drop contractors because of IR35

Companies are in danger of losing top talent due to lack of flexible working and IR35A fifth of of UK businesses say they are planning to axe contractors completely to ensure they are fully tax compliant ahead of the IR35 changes planned for next year, according to a survey from recruitment firm Harvey Nash. The 2019 Harvey Nash IR35 Sentiment Survey (registration) of 1,200 businesses and contractors claims to reveal the confusion that still reigns around IR35 legislation among both contractors and the businesses that rely on them. The findings suggest that 83 percent) of businesses believe IR35 will impact negatively on their industry. Meanwhile 60 percent of contractors say they have experienced increased anxiety, stressing or worrying about how the new rules will affect them. More →

Ongoing drive to replace full-time employees with freelancers and contractors in US, claims report

Ongoing drive to replace full-time employees with freelancers and contractors in US, claims report

According to a new report from software firm Mavenlink, over three quarters (79 percent) of US executives believe that the use of contracted white collar workers offers them a competitive advantage, while 63 percent of employees say they would quit their current job to take advantage of a freelance opportunity.  The study, On the Verge of a White Collar Gig Economy: On-Demand Workforce Trends According to Today’s Business Leaders claims to have uncovered significant trends in enterprise use of external contractors, an influx of highly skilled contractors into the workforce and increased individual interest in flexible working structures. This study conducted interviews with 300 professionals from different US based organisations with titles of director or above.

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Tax reforms forcing contractors out of public sector work, claims report

Tax reforms forcing contractors out of public sector work, claims report

New research from CW Jobs claims that the public sector is seeing an exodus of IT contractors following the introduction of the IR35 tax reforms. The changes mean IT contractors in the public sector are now taxed like employees. It came into effect in April this year and has meant contractors are losing up to a quarter of their previous take home pay. A significant 71 percent of the IT contractors surveyed said their income had reduced because of IR35. Nearly a third (29 percent) of those have seen an 11-20 percent reduction in income, while more than a quarter (27 percent) have seen a 21-30 percent reduction. The changes have prompted many IT contractors to make the switch from public to private sector.  Nearly half of the 1,000 IT candidates surveyed (47 percent) say IR35 has caused IT contractors to leave the public sector and over three quarters (83 percent) said the private sector is now the most attractive to work in.

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Contractors to be appointed for defence estates projects

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Some of the UK’s biggest contractors have been invited by the Ministry of Defence to bid for a range of construction projects across its estate as part of the new National Capital Works Framework. The companies will be chosen by the Defence Infrastructure Organisation (DIO) to deliver the design and build of construction projects up to a value of £50m. The framework forms part of the Next Generation Estate Contracts programme which was announced in December. More →

What effect will the Employment Bill have on hybrid working?

What effect will the Employment Bill have on hybrid working?

hybrid workingThe long-awaited Employment Bill may be published later this year. The draft Bill, first introduced in the Queen’s speech in 2019, was put on hold and repeatedly delayed due to the impact of COVID-19. There is some confusion around what the change to flexible working will entail should the Employment Bill come into force. In the Queen’s speech, as set out in the Conservative’s manifesto earlier that year, it was announced that the proposal was to make flexible working the default position unless an employer had a ‘good reason’ not to allow it. This proposal would have been a radical change in favour of employees as flexible working would become an automatic right – thereby weakening an employer’s ability to push back on hybrid working requests. More →

Skills crisis intensifies as demand for white collar jobs outstrips supply

Skills crisis intensifies as demand for white collar jobs outstrips supply

skills crisisDemand for people to fill permanent and contracted white-collar jobs while the UK continues to battle a skills crisis. That’s according to the latest Recruitment Trends Snapshot report from The Association of Professional Staffing Companies (APSCo). The data provided by Bullhorn, claims that demand for contractors was also up year-on-year, increasing 38 percent. Month-on-month figures also showed a spike in jobs, with permanent and contract vacancies increasing 104 percent and 78 percent between December and January, which can be attributed to a bounce back following a seasonal lull. More →

EDGE delivers iconic Valley development to RJB Group of Companies

EDGE delivers iconic Valley development to RJB Group of Companies

EDGE is proud to announce the successful delivery of its eye-catching 75,000 sq m mixed-use development Valley, designed by MVRDV, to owner RJB Group of Companies. EDGE has won the tender in 2015 and started construction in 2017 with the ambitious goal to bring a new dynamism to Amsterdam’s Zuidas. More →

Built environment sector lacks clarity around its carbon emissions

Built environment sector lacks clarity around its carbon emissions

environmentAccording to new research, the majority (58 percent) of built environment professionals believe the sector is already doing enough to tackle its carbon impact, despite the built environment contributing 36 percent of total global energy-related CO2 emissions, and the most recent available data highlighting that CO2 from operational energy use of buildings reached its highest level yet in 2019. More →

The most critical HR topics of the post-pandemic era

The most critical HR topics of the post-pandemic era

HRHR leaders trying to navigate a rapidly changing workplace environment now have a clear set of objectives to focus on: digitisation, talent, and the future of work. That is the central finding of a new report by Boston Consulting Group (BCG) and the World Federation of People Management Associations (WFPMA). The report is titled Creating People Advantage 2021: The Future of People Management Priorities. More →

Half of freelancers planning to stop contracting in the UK after IR35 reforms

Half of freelancers planning to stop contracting in the UK after IR35 reforms

freelancers

Half (50 percent) of freelancers are planning to stop contracting in the UK after the changes to IR35 come into effect in April – unless they can get contracts unaffected by the changes – according to new research by IPSE (the Association of Independent Professionals and the Self-Employed). Instead, they are planning to seek contracts abroad (24 percent), stop working altogether (12 percent), seek an employed role (17 percent) or retire within the next year (11 percent). More →

Gig economy workers to make up fifth of employees in financial services firms, claims report

Gig economy workers to make up fifth of employees in financial services firms, claims report

gig economyMore than half of financial institutions say they expect to have more ‘gig economy’ based employees over the next three to five years, according to PwC’s report, Productivity 2021 and beyond: Upskilling the workforce of the future to create a competitive advantage in financial services. The second iteration of PwC’s productivity research, that surveyed over 500 financial services businesses globally, and received over 60 percent of responses from C-suite leaders, looked at some key workstreams implemented by financial services businesses and evaluated its impact on productivity. More →

Workspace Show in London opens its doors for first time this year

Workspace Show in London opens its doors for first time this year

Workspace Show is an exciting addition to the global design events calendar, launching on 21 January this year, with the inaugural edition taking place from 4-5 November 2021 at London’s Business Design Centre, at the heart of the UK’s commercial interiors community. With a theme of ‘re-designing tomorrow’s commercial interiors together’ the show aims to unite architects, designers, developers, contractors, facilities managers, procurement managers and more in one place to explore and share the latest industry thinking from product launches to a comprehensive talks program to networking opportunities aplenty. More →

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