Interim managers and umbrella company contractors may be planning to leave the UK in droves if the results of a recent survey by Russam GMS are to be believed.
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Contractors may be interested to learn that interim managers working in financial services have been enjoying lucrative pay rates over the last six months.
The UK is suffering from a decline in human capital according to data from the Office for National Statistics, and this could benefit contractors working through an umbrella company.
The private sector is now using nearly as many interims as it did before the recession, according to the Interim Management Association.
Denise Taylor from amazingpeople.co.uk is urging jobseekers to start up their own limited company instead of spending a long period of unemployment.
After cutting 132,000 jobs in 2010, the public sector is now turning to freelancers to fill the gaps, according to a recent study by PeoplePerHour.com.
Umbrella company contractors may be interested to learn that public sector pay has risen at a faster rate than it has in the private sector.
The REC is concerned that the government’s proposed immigration cap will lead to a greater skills shortage in certain sectors. However, this has annoyed some contractors who feel threatened by cheap labour from outside the EU.