UK employers look to increase contractor hiring, despite drop in confidence
(2 minutes to read)
Umbrella company contractors will be pleased to hear that UK employers are looking to increase their contractor hiring.
The research, carried out by the Recruitment and Employment Confederation for its latest JobsOutlook survey, revealed that despite employer’s lack of confidence during the last quarter, businesses are continuing to hire.
The data found that 12% of those surveyed said they predict that contractor hiring will increase in the short term.
REC Chief Executive Kevin Green commented, “It’s not surprising that confidence took a knock following the referendum result, but there are reasons to be cautiously optimistic. SMEs are the lifeblood of our economy and it’s encouraging to see that hiring intentions remain strong within this group, suggesting they have taken the referendum result in their stride.
“In general employers have avoided knee-jerk reactions to staffing and this ‘business-as-usual’ approach bodes well for the UK jobs market in the next few months. Recruiters tell us that while their clients are taking longer to confirm permanent appointments, vacancies have continued to grow since the referendum. As business continues to do its bit we now need government to show the same level-headedness to restore economic confidence.”