Search Results for: contractors

Mental health in UK tech deteriorates in lockdown

Mental health in UK tech deteriorates in lockdown

mental healthThe easing of lockdown restrictions and a return to offices is raising the stress levels of over a quarter of UK tech professionals (26 percent) at a time when over 1 in 3 (36 percent) report that their mental health has deteriorated during Covid-19, according to a new Harvey Nash Study. The relaxing of restrictions has left tech professionals worrying most about bringing Covid-19 back into the home, and the health risk of their daily commute. More →

Organisations still adjusting to reality of `gig economy`

Organisations still adjusting to reality of `gig economy`

gig economyA new report from Aon claims that the so-called gig economy will continue to flourish but many employers are still adjusting to its realities. Using research from HR and gig workers across Europe, the report, Gig Economy: Financial Security or Greater Control, claims that 26 percent of European HR directors believe their workforces will have 51-75 percent of gig workers in five years’ time, while 18 percent of UK HRDs believe 75 percent or more of their workforce will be made up of contractors in 5 years’ time. Nearly all HRDs believe providing health and benefits packages would improve gig worker recruitment (94 percent), engagement (93 percent), productivity (88 percent) and retention (95 percent). More →

New IR35 rules for self-employed riddled with problems, says government committee

New IR35 rules for self-employed riddled with problems, says government committee

A report into the government’s plan to introduce IR35 reforms to the private sector has concluded that it is so flawed that it should be delayed and reconsidered. The committee concluded the rules are “riddled” with problems and unfairness. The authors conclude that the Government has overlooked the potential impact on the wider labour market, including the so-called gig economy. The Committee also heard that many companies were already nervous about the rules and so making blanket status determinations and laying off contractors. More →

Accountants call for IR35 to be scrapped

Accountants call for IR35 to be scrapped

Accountants are wary about the impact that the government’s IR35 off-payroll tax reforms will have on the UK’s contracting industry and would like to see them repealed altogether, a new survey claims. According to research by FreeAgent, an accounting software provider, 95 percent of UK accountants believe that the reforms will have a negative impact on the UK’s contracting industry when they are implemented in April this year and call for them to be scrapped.

• 84 percent call for private sector “off-payroll” reforms to be abolished
• 95 percent believe IR35 will negatively impact UK’s contracting industry More →

Third of freelancers plan to stop contracting in UK due to IR35

Third of freelancers plan to stop contracting in UK due to IR35

IR35Nearly a third of freelancers are planning to stop contracting in the UK because the changes to IR35 due in the private sector in April, research has claimed. One in seven freelancers (13 percent) plan to find contracts abroad, 11 percent plan to stop working or retire early and 8 percent plan to move into employment, according to IPSE (the Association of Independent Professionals and the Self-Employed). Half of the freelancers surveyed also said they will only continue freelancing if they can find contracts to which the new off-payroll working rules do not apply. More →

Gig economy ruling threatens business model of Uber and others

Gig economy ruling threatens business model of Uber and others

gig economyThe ongoing worldwide friction between legislators and firms operating in the “gig economy” was evident this week as a US judge denied Uber and Postmates a temporary reprieve from California’s new gig worker law. The ruling comes as a setback for both companies as the legislation has the potential to undermine their business models. More →

IR35 pushes freelancer confidence to six-year low

IR35 pushes freelancer confidence to six-year low

IR35Two surveys have highlighted continuing fears among freelancers about the changes to the IR35 rules due to take effect in April. The reforms will shift the responsibility for defining contractors’ tax status from the individual to the employer to crack down on so-called ‘disguised employment’, where off-payroll workers are able to pay less tax than employees. However, concerns have been raised that the rules could force organisations to bring genuine contractors and freelancers on to the payroll, reducing flexibility for both parties. More →

‘Alternative workers’ unhappy with pay but value flexibility

‘Alternative workers’ unhappy with pay but value flexibility

alternative workers The UK’s ‘alternative workers’, comprising gig economy workers, freelancers and contractors, have cited lack of pay, benefits and job security as their most significant concerns in new research. Yet according to The 2020 Pulse of Talent report released by Ceridian, plenty of the 536 respondents praised the flexible and ‘interesting’ nature of the work on offer. More →

Uber workers cling to “precarious” existence

Uber workers cling to “precarious” existence

UberPolicy makers should resist claims by Uber that its drivers fall into a middle ground between traditional employees and independent contractors, a new study says. The research report, Profits Uber Everything?, by Rotterdam School of Management, Erasmus University, examines Uber’s argument that its drivers are “independent workers” who are, in some respects, like individuals working for others and in other respects are like independent businesses. The company is only trying to establish this new category to exonerate itself of any responsibility for the workers, the researchers claim. More →

Gig economy workers should not all have equal rights

Gig economy workers should not all have equal rights

gig economyPolicy makers should beware of classifying all gig economy workers as “employees”, a new research report has claimed. Such workers vary in age, income and education in a similar way to the traditional workforce and crafting regulations that treat both fully committed and occasional gig workers as one group is unlikely to be an efficient solution, the report from IZA World of Labor contends. More →

Mental health issues force one in six into career break

Mental health issues force one in six into career break

Mental healthOne in six employees (17 percent) has been forced to take time out from their career due to stress or mental health pressures, a survey of 3,000 people has suggested. According to the research from AIG Life, 19 percent of non-retired women and 15 percent of men have taken time out from their career due to mental health pressures. The research highlights that employers risk the loss of valuable skills and experience, a drop in productivity and extra costs associated with recruiting replacement staff if they fail to support employees dealing with stress or mental health issues.    More →

Burnout remains a risk for workers of all generations

Burnout remains a risk for workers of all generations

burnoutFlexible working has become an important part of the modern UK economy, with over half of employees taking up a flexible working arrangement. However, Nuffield Health’s latest whitepaper The effects of remote working on stress, wellbeing and productivity has found while remote working is associated with higher workplace wellbeing, it can also present many business challenges including the risk of burnout for an increasingly diverse workforce. More →