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What Makes The Contracting World Go Round?

WHAT MAKES THE CONTRACTING WORLD GO ROUND? With the economic recovery gathering pace, Parasol takes the temperature of the UK's professional contractor and freelancer market in 2014 MAKING THE LEAP We asked our contractors what persuaded them to ditch the 9-5 and try their hand at contracting. Some of the most popular answers included: Chance to work on different assignments Freedom and Earnings potential flexibility on offer The survey of 360 people found: 81% 19% had been had been contracting for 0-5 years contracting for 6 years or more 0-5 years contracting GROWTH IN CONTRACTOR CONFIDENCE Members of the UK's skilled professional workforce are benefiting from an improvement in market conditions Businesses are Demand for reviving mothballed or postponed projects Assignment rates are increasing contractors is booming SENTIMENT SHIFT Hottest sectors I IT & Technology - 92.4% I Engineering - 92.2% 92% I Digital, Creative Media - 85.3% Hottest regions I West Midlands - 94.1% I London - 93.5% of contractors say their confidence levels have either improved or stayed the same over the past year 1 South East - 92.7% Many British businesses are keen to increase the size of their workforce. However, many hirers are struggling to find candidates with the right skills and experience 74% of contractors feel well placed to address national skill shortages in their sector WHAT MAKES A WORLD-CLASS RECRUITER? Contractors often turn to recruiters when looking to secure assignments, but what do contractors value most in an agency? 18% 19% 38% Good contacts Personal touch Responsiveness 89% of contractors feel positive about their career prospects 0000000000 82% plan on contracting for the long term 31% of contractors see a workplace pension as important Find out more parasol Follow us on Twitter: Follow us on LinkedIn: © 2014 Parasol

What Makes The Contracting World Go Round?

shared by ParasolGroup on May 14
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An infographic from the team at Parasol about the contracting world in 2014.




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