PAYE umbrella contractors should focus on specific sectors in specific regions rather than relying on general surveys, the REC suggests.
Reports like the recent Chartered Institute of Personnel and Development forecast, which we reported on yesterday, could leave the jobbing PAYE umbrella contractor feeling more than a tad despondent. A flat-lining labour market was predicted by the CIPD for much of 2012. However, there’s an awful lot of positive data that gets left out of general prognoses like this.
Highly skilled contractors working through umbrella companies may do better to consider the specifics rather than the general trends, and feedback to the REC from regional recruitment professionals suggest that they’re precisely the kind of worker who will be much sought after next year in a number of industries.
For example, Philip Delaloye, who is West Midlands Regional Director of the Institute of Recruitment Professionals (an REC organisation), states:
“In this region, there will certainly be opportunities in the engineering sector throughout 2012. In the automotive industry, Jaguar Land Rover are looking for hundreds of staff in its Solihull site and are planning a new engine plant in Wolverhampton which will create hundreds more jobs. The aerospace industry is also very buoyant in both the East and West Midlands.”
He went on to say that high-end, high-skilled sectors in the West Midlands, including renewable energy and technology firms, are growing healthily and looking for new talent; that means contractors as well as permies. Similar trends are emerging from the South of England, too, he added.