Latest Contractor News
Keep up to date with all the latest contractor news. We have written everything in plain English, so there’s no need to go to the overly complex HMRC website to learn about any tax and accountancy related updates.
Vacancies remain above pre-Covid levels
APSCo: ‘Pre-Covid comparisons show that recruitment activity is still significantly above pre-pandemic levels’.
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Number of temp workers continues to rise during festive period
REC: ‘They are the backbone of our economy, especially in the run-up to Christmas’.
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More to solving nursing strikes than pay rises
APSCo: ‘The current inflexibility around the varied framework requirements will only continue to limit the available pool of workers, which will exacerbate both the reliance on agency staff to fill immediate gaps and budget restraints’.
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Engineering rates of pay rise due to skills shortages
APSCo: ‘We’ve seen demand for engineering professionals increase steadily since June having gone through peaks and troughs in the first half of the year. Pay has also increased consistently as this demand for talent grows’.
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Skills shortages driving construction salaries up
APSCo: ‘It’s crucial that the government enacts policies that will bring stability for workers, including revising policies to better recognise and support the unique needs of the highly skilled contractor labour market’.
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Gen Z most likely to aspire to become their own boss
A new survey has revealed that nearly a third of UK workers have either started their own business or are considering doing so in 2023.
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Active job postings remain stable
REC: ‘While the data fluctuates from week to week, new jobs postings have averaged about the same level through the year, suggesting a pattern of strong and stable demand’.
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More clarity needed with umbrella contractors and new flexible working legislation
APSCo: ‘If umbrella companies, recruiters and clients have to consider an unexpected flexible working request on day one of an agency worker contract, it would have a financial and time impact on all parties and could potentially disincentive clients from using temporary workers’.
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