SJD Accountancy
Join Now
View Packages
Sorry, we're closed

0123456789

  • Services
    • Our Services
      • Accountancy Packages
        • Compare Services
        • Essential
        • Essential Pro
        • Premium
        • Elite
      • Sole Trader Packages
      • Company Formation
      • Switching Accountant
      • Tax & Audit Services
        • Self Assessment
        • Questionnaires
      • Insolvency Services
      • IR35 Contract Reviews
      • Special Offers
    • Partner Services
      • Umbrella
      • Business Insurance
      • Contractor Mortgages
      • Wealth Planning
      • Health Insurance
      • IPSE Membership
      • Rewards
  • Contractor Resources
    • Contractor Library
    • Top Guides
      • The Contractor’s Guide
      • Limited or Umbrella. The Ultimate Guide
      • Complete Guide to IR35
    • Contractor Tools
      • Limited Company Name Generator
      • Compare Your Day Rate
      • Gender Pay Gap Tool
    • Contractor Calculators
      • Take home pay
      • IR35 calculator
    • Becoming a Contractor
      • Permanent to Contracting
      • How to contract
      • Contractor earnings
      • Contracting in the UK
      • Umbrella take home pay
      • Limited or umbrella
      • Contracting through an umbrella
      • FAQ’s for new contractors
    • Existing Contractor
      • Expenses
      • Taking money out your company
    • Financial Advice
      • Business banking
      • Contractor and business insurance
      • Contractor pensions
      • Contractor mortgages
      • Off-Shore
    • Understanding Legislation
      • IR35
      • Flat Rate VAT scheme
  • About
    • Company
      • About SJD
      • Contact us
      • Careers
      • Terms of Business
      • Terms & Conditions
      • Privacy Policy
    • News
  • Clients
    • Refer to SJD
    • SJD Online
Search Search

SJD Accountancy > News and Opinion > UK Contractor market continues to grow significantly

SJD Accountancy > News and Opinion > UK Contractor market continues to grow significantly

UK Contractor market continues to grow significantly

Author
Written by:Digital
2 minutes
Published: December 29, 2018 Updated: November 21, 2018
  • Twitter
  • Facebook
  • LinkedIn
  • Email

Contractors will be interested to hear that according to the Chairman of a leading interim management provider, the latest ONS figures reveal a big rise in ‘Self Drive Workers’.

Charles Russam, Chairman of Russam GMS, has said that the latest employment figures from the Office of National Statistics (ONS), which were released late last year, not only reveal a record-breaking rise in full time employment, but – very significantly – a bigger rise in those members of the UK work force who are not full time on someone’s payroll.

Russam calls these people “Self Drive Workers” – because they are mainly dependent on themselves for their livelihoods.

Charles Russam said, “These latest ONS figures show that the number of UK workers who are not full time on someone’s payroll is increasing at a faster rate than full time payroll workers and now represents very nearly 47% of the total UK workforce of 30 million. 

He added, “These latest figures reveal a growing band of self-drive, independent workers – many of whom are entrepreneurs. I am not certain that government is conscious of the true number of people in Britain turning their backs on traditional employment to work in a more flexible and independent way.”

“The ONS figures don’t tell the full story, there are more shade of grey than its statistics suggest. New patterns are emerging including more people with second jobs, zero hours workers, greater numbers of contractors and interim managers, independents teaming up with others and individuals trading through a myriad of business formats.”

Jason Atkinson, Managing Director, Russam Interim also commented, “We have noted a strong rise in the number of people coming into interim management over the past few years and according to our latest Snap Shot Survey figures, companies are willing to pay handsomely for specialists – typical of an economy moving into better times. Daily rates are at an understandable high because there is a renewed war for talent going on, with a skills crunch at senior levels in many sectors including financial services, manufacturing and engineering.”  

If you’re interested in making the move from permanent to contracting, why not download our FREE 60 page guide to Contracting through your own Limited company.

If you have any questions about contracting or would like any further advice please call our New business team on 01442 275789 or email: newbusiness@sjdaccountancy.com. 

For all other news please visit our Contractor News hub, or why not join us on Facebook and follow us on Google+ for all the latest contractor news, views, debates and competitions.

Related Articles

What do contractors really think about IR35 reform?
IR35
Budget 2021: Key Points
Budget
Everything you need to know about the Director’s Income Support Scheme (DISS)
Covid-19
The Six Steps You Need to Take to Become a Contractor in 2021
Contractor Advice
2021 Self Assessment Tax Return Checklist
Contractor Advice
Contracting in 2020
SJD Accountancy

Back to top

Contact Us

  • 0123456789

Useful Links

  • Terms & Conditions
  • Recruiters
  • Privacy
  • Modern Slavery

New Business Hours

Monday - Thursday8:00 AM — 8:00 PM
Friday8:00 AM — 7:00 PM
Saturday10:00 AM — 4:00 PM
SundayClosed

Copyright SJD Accountancy 2021. All rights reserved. SJD Accountancy Ltd is a company registered in England & Wales. Company Registration Number 06277058.