Road and rail investment provides opportunities for contractors
A rise in the car sales figures, combined with planned investment in rail and road projects are increasing the number of opportunities for contractors in the construction and engineering fields, according to the leading umbrella company working with independent professionals in these fields.
As a specialist provider, Giant Group’s analysis of their own database has shown that there has been a substantial increase in the number of professionals who are working in the transport and automotive industries. Taken in conjunction with the government’s recent revelation of their intention to begin a ‘Road Investment Strategy’ which could see spending of £15 billion on transport infrastructure, there is plenty of potential for work in the industry. Described as the biggest upgrade of the country’s road in a generation, the plans will require significant expertise and experience from the flexible workforce in order to ensure that the planned projects are a success. Considering the automotive industry has reported their 42nd straight month of increasing sales, it appears that improvements to the road network will not be taking place a moment too soon.
Although the project is ambitious, Matthew Brown, managing director of Giant Group, is confident that the skills of the contractors that they represent will be an invaluable asset to the endeavour. He had long anticipated that the contracting community would benefit from the plans with a level of demand that the permanent working community would never be able to meet. Without enough skilled temporary workers, many of these projects would never see the light of day and it is likely that the demand being observed in the automotive industry would never have been met without independent professionals providing additional capacity.
With their research showing that the numbers of contractors who would turn down a permanent job in favour of continuing their contracting careers has risen for the third year in a row, demonstrating an ongoing commitment to work life balance and the ability to retain more control over their careers.
If you are already contracting, then you might be considering the pros and cons of going limited, but if you are just starting out then you might want to browse our life as a contractor case studies to give you an idea of the options available to you. If you want to take advantage of the current buoyant market for your skills, then our take home pay calculator could help you to work out what you could be earning.
For details of our services and how we could help you to make a success of your contracting career, speak to one of our accountants today on 01442 275789 or email firstname.lastname@example.org.