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    Crystal News

    IPSE: what freelancers need from London’s new Mayor

    May 23rd, 2016

    IPSE, the Association of Independent Professionals and the Self Employed, has itemised five key action points for the new Mayor of London, Sadiq Khan, if he is to help the capital’s 391,000 freelancing and contracting professionals: Draw on the talents of independent professionals for London’s new big-scale projects There are vast projects in London’s pipeline: the regeneration of Euston Station as part of HS2, Crossrail 2, the £563m upgrade of Bank Station, the iconic new Garden Bridge and a major new £4.3bn “super-sewer” below the Thames, to mention but a few. IPSE points out that Umbrella Company Employees and other freelancers will be crucial for ensuring that these projects proceed […]

    What’s in the Queen’s Speech for contractors? IPSE responds

    May 20th, 2016

    Adam Waters, Policy and External Affairs Assistant at the Association of Independent Professionals and the Self-Employed (IPSE), has dissected this week’s Queen’s Speech, widely touted as Prime Minister David Cameron’s last legislative agenda in the event of a Brexit vote in June, anatomising what it holds for contracting professionals, and, importantly, what it left out for this group of workers. To begin with omissions, Waters notes that there was no mention of implementing the recommendations of the Deane Review, which included a proposal to bring maternity leave for independent contracting professionals and the self-employed more broadly into line with maternity leave for employees. IPSE, he says, will be pressing for […]

    NLW and Brexit worries dampening permanent hiring

    May 18th, 2016

    A new survey from the jobs site Indeed has found that UK job vacancies have fallen by 12 per cent in 2016, amid rising business costs following the March Budget and continuing uncertainty about the outcome of the EU referendum on 23rd June. Job vacancies across virtually all sectors dropped by nine per cent between March and April. The only exception was in the Hospitality sector, where job listings rose. The study states that the introduction of the National Living Wage (NLW) last month and ongoing uncertainty over the EU referendum have contributed to growing reluctance amongst employers to recruit. Indeed’s resident economist, Mariano Mamertino, said that the NLW had […]

    FinTech drives jobs bonanza for contracting and permanent professionals

    May 16th, 2016

    Demand for both contracting and permanent professionals is rising steeply in the UK’s FinTech (financial technology) sector, according to a new study by recruitment finance provider Sonovate. There was a quarter-on-quarter (QoQ) surge of 64 per cent in advertised jobs for contracting roles in Q1 2016, with individual roles being sought-after especially strongly. The average daily rate at which  these roles are being advertised now stands at £430 a day. Umbrella Company Employees contracting as IT professionals have done well in the FinTech sector: contract IT positions soared by 35 per cent QoQ. However, postings for consultancy positions went stratospheric, rocketing by a stunning 525 per cent QoQ and commanding […]

    New study reveals growing professional expertise among temporary/contract workers

    May 13th, 2016

    A new study from PageGroup reveals that a growing number of temporary professionals have years of experience behind them and are more skilled and better-educated than ever before, with three-quarters (75 per cent) having at least a bachelor’s degree. PageGroup’s latest Global Temporary and Interim Management study surveyed 1,954 company managers that hire temporary professionals and 4,092 contracting professionals holding temporary positions. Respondents were spread over 65 countries. A key finding is the profound change that has taken place in temporary employment, which had traditionally been reserved for school-leavers and assistants at very junior levels. Today, contracting professionals are expected to work far more independently: 72 per cent of them […]

    Recruiter’s data reveals best-ever pay for IT professionals

    May 11th, 2016

    IT professionals seeking lucrative new contracting or permanent opportunities are witnessing a record high in their sector, with pay reaching the highest average rate ever recorded in the industry, a new analysis from recruitment company CV Screen reveals. CV Screen’s study analysed 50 different IT roles that had been advertised over the last three months across all of the country’s jobs boards and in the national press. When compared to the same period three years ago, average pay was shown to have climbed by two per cent, so the average permanent salary for an IT professional now exceeds £40,000 per annum – the first time such a figure has been […]

    Agency and permanent nurses reassured about revalidation requirements

    May 9th, 2016

    Agency nurses and their permanent counterparts who attended the second Nursing Times Careers Live event in London last week were told not to become anxious about new revalidation requirements, which are now necessary for nurses who wish to continue practising in the NHS. In her address to delegates, Julie Hamilton, head of nursing for revalidation, regulation and education at Guy’s and St Thomas’ NHS Foundation Trust, said that 100 nurses had successfully participated in a revalidation pilot trial last month, adding, “Don’t panic, it is achievable, possible and enjoyable.” Ms Hamilton made a point of clarifying for temporary nurses contracting through Umbrella Companies and other agencies that more agencies have […]

    Brexit fears spark demand for PR and communications contractors

    May 6th, 2016

    New data from specialist corporate and marketing communications recruitment consultancy VMA Group suggests that uncertainty over the outcome of the EU referendum in June is creating unprecedented demand for Umbrella Company Employees and other contracting professionals supplying PR and communications talent across the UK The figures come on the back of a series of polls and other data this week, which similarly strongly indicate that Brexit fears are depressing permanent hiring and leading businesses to turn to the temporary and contracting wing of the labour market to fulfil business-critical projects. VMA Group has noticed a spike in vacancies for temporary and contracting roles during Q1 2016, as organisations defer the […]

    Contractors may prosper from NLW and Brexit fears

    May 4th, 2016

    The costs of the new National Living Wage (NLW) and the prospect of a Brexit result at the upcoming EU referendum are depressing salaries and slowing advertised vacancies for permanent staff, the latest UK Job Market Report from jobs search website Adzuna reveals. According to Adzuna co-founder Doug Monro, however, contracting professionals may see a rise in demand for their services as hirers turn to temporary appointments to ensure business-critical projects are completed. The Adzuna data is in line with recent polls by the Institute of Chartered Accountants in England & Wales (ICAEW) and market research company GfK, both of which indicated a significant decrease in business and consumer confidence […]

    HMRC to rewrite T&S legislation over clumsy wording

    May 3rd, 2016

    The wording of the new travel and subsistence legislation has been bungled and will have to be re-drafted, HMRC has conceded. The new legislation, which came into effect on 6th April, effectively bars all contracting professionals working through employment intermediaries from claiming tax relief on their untypically high travel and subsistence expenses (permanent employees tend to travel considerably shorter distances to their places of work than contractors do). HMRC drafted the new rules to prohibit any worker who is subject to the right of ‘supervisions, direction or control’ (SDC) by anyone they work with from claiming relief on their home-to-work expenses. Last week, a Revenue official wrote to industry figures […]