Employers’ hiring confidence on the up

(2 minutes to read)

REC: ‘Employers remain cautious and concerned about the future path of the economy – but are much more sanguine now about their own plans’.

Latest findings show that while business confidence is still in negative territory, it has seen improvement over the last couple of months.

The Recruitment and Employment Confederation’s (REC) JobsOutlook report revealed that employers’ intentions to hire permanent staff in the next three months rose to a net level of +11 in June-August.

It also shows that contractors are becoming increasingly important to employers – those who use contract/temp workers said they help to manage fast-changing organisational requirements (56%) and manage uncertainty (42%).

Neil Carberry, Chief Executive of the REC, commented on the findings, “As public health restrictions were eased over the summer, the labour market started to move. Employers remain cautious and concerned about the future path of the economy – but are much more sanguine now about their own plans.”

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He added, “Six months into the pandemic, firms have a clearer sense of how they will navigate the crisis. This is feeding through to the beginnings of a more positive trend on permanent hiring. The number of job adverts in the market has also risen, with steady increases between June and September.

“Last week’s announcements from the Chancellor were welcomed by many businesses. They will help with hard-pressed cash-flows and keeping more people in work. But we will also need a focus on new jobs and transition if we are to avoid long-term unemployment. Reducing employment costs other than wages – like employers’ National Insurance contributions – and more flexible skills funding would help. But the most important thing over the coming weeks and months will be getting the test and trace system running effectively. This is the way to keep the economy going while fighting the virus.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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