UK Employers need to act now to improve workforce

(2 minutes to read)

A new report has concluded that British businesses and the government need to work together in order to retain the UK labour market’s resilience.

The advice being given to British employers is to act now to improve the way they source, engage and nurture their workforce.

‘The Future of Jobs’ report, published by the Recruitment and Employment Confederation (REC) revealed that they must make these improvements to avoid skills shortages and further declines in productivity and competitiveness over the next seven years.

The publication, chaired by Rt Hon Esther McVey MP, former Employment Minister, expresses a clear vision for the kind of jobs market the UK should aspire to create by 2025 and lists practical examples of what the government, recruiters and hiring organisations should do to make it a reality.

Just a few examples of the recommendations include that:

  • Employers be more creative with their recruitment procedures, offer flexible work as standard and remove barriers for under-represented groups, eg by using collaborative hiring or name-blind recruitment.
  • The government creates a new Employment and Skills Advisory Committee to review data and take evidence to help the government plan investments in training, and immigration policy.
  • The government and business need to find new ways of measuring the success of the UK jobs market, including progress on inclusion, social mobility, pay gaps and productivity.

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Recruitment & Employment Confederation chief executive Kevin Green commented, “We rightly celebrate the fact that the UK labour market has remained both resilient and agile. But in order to retain that competitive advantage, business and government need to work collaboratively to implement some radical changes.

“By 2025 we want good work to be the norm, where businesses champion diversity and inclusion and invest in training and skills development for all staff, no matter what kind of contract they are on. We need to foster a labour market where anyone can both find work and progress within work, irrespective of their background.”

To find out more about contracting please contact Sophie on 01442 759100 or email sophie.lewis@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, ContractorUmbrella, 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 ContractorUmbrella – 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, ContractorUmbrella.
  • 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.

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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