Rise in demand for UK contractors
(3 minutes to read)
Umbrella company contractors will be interested to learn that there has been a considerable increase in demand for the UK’s highly skilled contractors.
The findings, carried out by Juice Recruitment, revealed that they have seen a 27% rise in demand for contractors since the Referendum result.
Juice’s managing director, Emma Summers, said, “The team at Juice have not seen a decrease in demand but have noticed a significant increase in the number of temporary, contract and interim opportunities that have been registered.
“Anecdotally, the decision makers in the businesses we work with are determined to look to the future albeit cautiously, bolstering their workforce with temporary staff where possible.
“Whilst it is still very early to assess the impact on the vote to leave the EU, the need for uncertainty must be minimised so that the economy and labour market is not adversely affected.”
She added, “For some organisations, Brexit has already seemed to have a positive effect with goods and assets becoming more affordable, whilst others have had to re-structure accordingly.
“The next six months will be vital. We’re likely to see an increase in demand for workers in the run up to Christmas, and by the end of the year we’re likely to know more about how and when Article 50 will be triggered which will have an impact on the long term plans of many businesses.”
These findings are very much supported by another recent report carried out by the Recruitment and Employment Confederation (REC), where it was revealed that while there was a significant drop in the number of permanent placements, contract demand continued to increase.
REC director of policy, Tom Hadley, commented, “Uncertainty during the run up to the referendum saw many employers suspend permanent hiring and instead bring on temporary contractors or interim staff to hedge against potential changes to their growth prospects.”