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Umbrella company contractors might be interested to learn that recent findings have revealed a massive surge in the number of people joining the self-employed sector.

With latest ONS employment figures showing that self-employment has increased significantly by 129,000 to 4.75 million in the three months to November, contractor experts the Association of Independent Professionals and the Self-Employed (IPSE) have their say:

Lorence Nye, IPSE Economic Adviser, commented on the latest figures, “The continued growth of self-employment reflects a permanent shift in the structure of the labour market. More people are recognising the benefits of being their own boss and working flexibly.

The rise in self-employment highlights the importance of the numerous reviews into employment practices. Chief among these is the Government-commissioned Matthew Taylor Review of workers’ rights. As self-employment becomes ever more widespread, we need to see radical thinking to ensure some of the biggest issues for these workers – pension provision, fair maternity pay, and simpler taxation – are addressed.”


Daniele Cantello is an Contract Manager for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies. Learn more about Daniele on Google.


 

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