Latest findings reveal that the majority of senior decision makers in medium and large-sized businesses are concerned about missing out on temporary talent ahead of the introduction of the new IR35 regulation.
The research, compiled by recruitment specialist Robert Half UK, also shows that two fifths (42%) of medium and large private sector organisations are concerned about losing current temporary workers to the new IR35 rules if they cannot re-negotiate employment contracts in time; while only 15% plan to offer more competitive pay rates to their contractors to secure them.
Ahead of the introduction of the new regulation, one third (33%) say that the demand for temporary workers will increase, with just 7% anticipating a decrease.
Matt Weston, Managing Director, Robert Half UK commented, “Business leaders are concerned about the impending IR35 rules and its potential impact on the UK’s temporary talent pool, particularly as firms look for a blend of high performing temporary and permanent employees to pursue growth strategies in 2020.
“A number of businesses are already considering measures to avoid falling foul of the new regulation, while still being able to compete for skilled talent who favour flexibility and autonomy. With the UK competing with other international centres for the world’s top talent, working with a specialist temporary recruitment consultancy that is able to attract and secure contractors who are willing to adapt to the new rules will be crucial for their ongoing success.”
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