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Latest data compiled by the Recruitment and Employment Confederation and KPMG has shown that hiring conditions improved at the end of last year.

The Report on Jobs revealed that temp billings growth picked up from November, and according to panellists, some firms have approved new hires following a long period of delayed decision-making and rising business requirements.
However, rates of expansion were notably weaker than seen on average over the survey history.

It was also found that rates of pay rose further for contract/temp staff at the end of the year, with rates of growth picking up from November’s recent lows.

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Neil Carberry, Chief Executive of the Recruitment & Employment Confederation, commented on the latest survey results, “After the uncertainty of 2019, there are some signs of a clearer outlook for hiring in today’s survey. With a new government in place and the path ahead looking more predictable, some businesses have decided that they have waited long enough.

“Feedback from recruiters shows that the upcoming IR35 changes are affecting both placements and the availability of flexible workers. This is a delicate period for the jobs market, and is the worst time to push through sweeping changes to the way we tax contractors. It is right that government engages further with business on the changes, but they should also delay implementation until next year to allow time for a full, independent review and effective regulation of the umbrella sector. As it stands, the government risks damaging ethical businesses and encouraging non-compliance.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@contractorumbrella.com.

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