Category Archives: Contracting News

APSCo Joins the HM Revenue & Customs IR35 Forum

The Chief Executive of the Association of Professional Staffing Companies (APSCo), Ann Swain, said that “As the industry body that represents recruitment firms that engage a high proportion of self-employed individuals in the UK, it is important that we take a front seat in these discussions. The Government has taken the view that as far as IR35 is concerned it’s better the devil you know. Some of the alternative proposals were unsatisfactory, but with the decision taken to retain IR35 it’s important that steps are taken to drastically improve the implementation of this law. We appreciate the desire amongst the professional contracting community for clarity regarding IR35, and we expect that this Forum will deliver real improvements.”

In joining the IR35 Forum APSCo is following the lead of the Professional Contractors Group (PCG) and the Recruitment and Employment Confederation (REC). The Chair of the REC Technology Sector Group, Jeff Brooks, recently said that \”Taking part in this forum will allow the REC to push for real, substantive change in how IR35 works. We have to find a way to focus the system on the rare cases of actual disguised employment, and make sure that the vast majority of contractors who have done nothing wrong don’t have to worry about being subjected to a HMRC investigation or tribunal that could last years.”

\”It has always been the complexity of the rules, and the uncertainty they create, that has made the system unacceptable for contractors and the recruiters that find them work. This has also wasted countless hours of tax officials’ time, and it is in the interests of all sides to find a quicker, more efficient way to crack down on the few real instances of false self-employment.\”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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REC encourages Banks to lend to Recruitment Agencies to oil the wheels

The Chair of the Recruitment and Employment Confederation, Neil Smith, said that “Recruitment agencies often have to pay workers before they receive payment from the end clients; loans from banks are the only realistic way to plug this gap and keep the agency going in the interim. A steady stream of bank funding over the next few years will therefore be vital if the recruitment industry is to continue its recovery from the recession and particularly if new agencies are to get a foothold in the market.”

“Large parts of the UK economy rely on the flexibility that agency workers provide, including in some cases the banks themselves. If the economy as a whole is going to create more jobs, then there must be sufficient support for the employment agencies who ‘oil the wheels’ of other businesses. As banks do more to support SMEs as part of their deal with the Government, it is important that the recruitment sector is included in this if all parts of the economy are going to benefit from a flexible, accessible workforce.”

Following the economic downturn many recruitment agencies faced severe funding problems, leading many to make sweeping cuts in front office staff and some to close altogether. Agencies are very important to contract assignments in particular as they act as ‘factors’ whereby they receive payment from clients at say 60 day terms but pay contractors within 7, 14 or 30 days. Without agencies clients would face far greater financial pressure with regards to cash flow and contractors would be subject to far greater payment terms, leading to contractor cash flow issues.

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Hays Director says Talent Shortages will test organisations

Director of Hays, Charles Logan, said that “Talent shortages will become one of the biggest challenges facing organisations over the next two decades. So while organisations can attract and recruit from a much wider geography than ever before, which has obvious advantages when skills are in short supply, the global talent pipeline will also create serious new challenges for HR to navigate. Hiring managers will need to understand the flow of their talent pipeline, knowing why people move and what drives this movement of talent around the globe. In the context of a global jobs market, whole regions, sectors or industries will need to work hard to position themselves as attractive to international professionals. The challenge may be to manage or stem a flow away from a sector or region, creating a focus on retention and attraction.”

Last month it was reported that the United Kingdom is currently experiencing a critical shortage of IT professionals skilled as security consultants and that the ‘importance of Information Technology to the UK’s infrastructure has been underestimated’. According to an industry expert, Kevin Streater who is the IT and Telecoms Executive Director at the Open University (OU), there are currently a number of highly paid security vacancies in the United Kingdom but no suitable candidates to fill them. The Chair of the Cyber Security Challenge Talent Management Committee, Kevin Streater, said that \”The importance of IT to the UK\’s infrastructure has been underestimated. We need security professionals to protect the UK\’s global internet connection. For example, if a UK bank\’s infrastructure goes down, there will be huge damage to the UK economy. Only a small number of people are addressing the skills needed.

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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REC Jobs Survey reveals 44% of Perm Employers Plan to Increase Headcount

Roger Tweedy, the Research Director at the Recruitment & Employment Confederation, said that “This is the first real confirmation that employers are feeling more confident and are taking a long-term strategic view of their workforce planning. Creating more permanent jobs and the lifting of headcount freezes are solid indicators of this returning confidence.  This is encouraging news at what remains a difficult and volatile time for the UK jobs market. The survey also confirms the emergence of a two-tier jobs market, with 60% of public-sector employers predicting a significant impact on their workforces as cuts begin to bite.  The unexpected surge in business confidence gives hope that private-sector employers can absorb further public-sector job losses.”

Last month the Bank of Scotland revealed that the Scottish labour market is going from strength to strength with increases in both temporary and permanent recruitment activity in April 2011. The Bank of Scotland Labour Market Barometer posted a reading of 56.6 in April, up from 53.8 in March.

The Chief Economist at the Bank of Scotland, Donald MacRae, said that “The latest Report on Jobs shows a further improvement in the Scottish labour market. The number of people placed in to permanent positions increased for the seventh consecutive month, while demand for permanent staff rose markedly in April, with recruitment consultants registering a larger number of vacancies. All eight employment sectors registered greater demand for permanent staff in April. The number of temporary staff vacancies also rose in April, at the fastest rate in four months. Again, all eight employment sectors saw greater demand, with Hotel & Catering recording the strongest growth.”

Compared to 2010 the year so far has been extremely positive for highly skilled contractors with many large companies keen to roll out new projects, especially in the financial services industry.

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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REC says temporary jobs market slowing due to uncertainty over the AWR

The Chief Executive of the Recruitment & Employment Confederation, Kevin Green, said that “This month’s Report on Jobs shows a clear split developing in the UK labour market. Public sector employment is radically slowing while there is growth in the private sector, confirming that we are now in a two-speed jobs market. A number of permanent hires made in IT, construction and engineering suggest that employer confidence on the whole is improving but temporary employment is slowing. This month’s figures for temporary jobs are the worst we’ve seen for four months and are likely to have been caused by employer caution over the impending Agency Workers Regulations. The Government guidance, published last Friday, should act to reassure employers of the ongoing effectiveness of temporary labour and the value of being able to flex their workforces to meet demand.”

The Head of Business Services for KPMG, Bernard Brown, also went on to say that “The latest figures reveal a very mixed picture of the UK job market.  In many areas of the private sector employers feel confident to hire again on a full time basis, though the picture is very different in the public sector where hiring freezes and cost cutting seems to be the order of the day. Indeed, private sector businesses with a dependency on the public sector are clearly on a knife edge, as they wait to understand how the unfolding government policy will impact them. The fundamental issue facing the UK’s ‘twin track’ job market is whether the private sector can create enough jobs to offset the expected job losses in the public sector.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Monster Employment Index increases by 1% in April

Isabelle Ratinaud, a spokesperson for Monster UK & Ireland, said that “The Monster Employment Index for April demonstrates a positive forecast for worker demand around the UK. In particular, the technical and industrial sectors have seen a boost in activity.  With elementary occupational job opportunities also growing, this is positive for young job-seekers.”

In other parts of Europe Germany continues to do well with an annual growth rate of 45% mainly based on its industrial sectors.

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Powerchex says confirmed job offers fell by 3% in April 2011

Overall the number of offers in investment banking fell by 30% in April. On the figures the founder of Powerchex, Alexandra Kelly, said that \”Many banks are reviewing and restructuring their operations, it\’s probably reasonable to expect that recruitment in the investment banking divisions will slow down. However, with April being so disrupted by bank holidays, we shouldn\’t read too much into these figures. Compared to last year the total figures have still grown and there is a positive sentiment across most of the sector.\”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Scottish Labour Market continuing to improve

The Chief Economist at the Bank of Scotland, Donald MacRae, said that “The latest Report on Jobs shows a further improvement in the Scottish labour market. The number of people placed in to permanent positions increased for the seventh consecutive month, while demand for permanent staff rose markedly in April, with recruitment consultants registering a larger number of vacancies. All eight employment sectors registered greater demand for permanent staff in April. The number of temporary staff vacancies also rose in April, at the fastest rate in four months. Again, all eight employment sectors saw greater demand, with Hotel & Catering recording the strongest growth.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Drop in UK Unemployment Figures

The Head of Policy at the Recruitment and Employment Confederation, Gillian Econopouly, said that “Though this continuing trend is welcome, we cannot lose sight of the fact that the jobs market remains volatile. Our latest Report on Jobs shows that while hiring activity in certain sectors is steadily increasing, there is still concern over the effects of public sector cuts and the creation of a two speed jobs market. Employer confidence is on the rise which gives some optimism for how the employment landscape will develop over the coming months. However, the ability of the private sector to fully absorb public sector job losses remains in the balance.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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Graduate use of Business Social Media Tools to fuel future boom?

A recent study by graduate career site WikiJob found that 63% of graduate respondents were on LinkedIn whereas only 23% of older respondents used the site. The results suggest that graduates, who are generally more familiar with social media applications are more willing to use it as a job-seeking tool. According to the report Graduates are more aware of the potential of social media, both as a form of self-advertisement and as a way of networking with employers.

The co-founder of WikiJob, Ed Mellett, said that “These results are evidence of the way in which graduates may have an advantage as the employment landscape changes. HR managers and recruiters generally agree that using social media can be an extremely fruitful job-seeking method. More and more employers are utilising social media to find out more about applicants before the interview process. Networking online will give graduates access to an otherwise hidden job market, and the results from our user poll indicate it is likely that a large proportion of graduates are already actively pursuing these opportunities.  Maintaining a professional presence on LinkedIn, Twitter and Facebook will give graduate job-seekers a major advantage.”

Recently a study conducted by the recruitment agency Modis International found that Social Media was the second least popular recruitment tool for IT leaders. According to the survey specialist IT recruitment consultancies were most popular recruitment tool with 54%, while job board postings account for only 9%. Jim Albert, the Managing Director of Modis International, said that “Given that IT recruitment and social media would seem destined to be close allies, the results of this survey are certainly surprising. It should be remembered that social media is best used as part of a wider, multi-media recruitment drive, and this could account for the low figure that has emerged from our research. Previous polling showed that IT leaders had a growing appetite for using this medium, so there is still a gap between interest and actual usage.”

Commonwealth Contractors

At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.

For more Information call Commonwealth Contractors now on 0800 294 4388 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.

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