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Recent findings show that since the pandemic started, 22% of businesses have made changes to their employees’ terms and conditions of employment.

The research, compiled by the CIPD, revealed that the most common changes to contracts included:

  • Location of work (cited by 49%)
  • Hours of work (47%)
  • Pay levels (44%)
  • Redundancy/terms pay (22%)
  • Access to enhanced contractual entitlements/incentives (20%)

The survey of 2,000 employers did find that not all contract changes between March 2020 and July 2021 were negative, for example with regards to pay levels 50% improved pay, while 38% reduced pay.

Looking at changes to working hours, 44% of employers reduced working hours compared to 24% of those who increased them.

Thinking of appointing Dolan Accountancy?

Give us a call on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Email Jaime

Recent findings show that since the pandemic started, 22% of businesses have made changes to their employees’ terms and conditions of employment.

The research, compiled by the CIPD, revealed that the most common changes to contracts included:

  • Location of work (cited by 49%)
  • Hours of work (47%)
  • Pay levels (44%)
  • Redundancy/terms pay (22%)
  • Access to enhanced contractual entitlements/incentives (20%)

The survey of 2,000 employers did find that not all contract changes between March 2020 and July 2021 were negative, for example with regards to pay levels 50% improved pay, while 38% reduced pay.

Looking at changes to working hours, 44% of employers reduced working hours compared to 24% of those who increased them.

Why Thousands of Contractors Choose Dolan Accountancy

With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, 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 £105 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

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 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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 IR35 Legislation changes 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 – 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
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