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Contractors Prove Popular in 2012

The contracting community continues to grow as 2012 saw a 4% rise in temporary placements. With a professional contracting year seeing such an increasing number of contracts, it is unsurprising that 2012 was wrought with change, competition and severe HMRC involvement.

Contractors can wake up to even more positive news this year, with a recent announcement from the Association of Professional Staffing Companies (APSCo), revealing that more and more businesses are seeking contractors to meet their demand of staff and skilled workforce.

According to APSCo research, throughout 2012 there was a clear rise in temporary staff as opposed to permanent positions, contractors being the first choice for businesses who require their skill set. The number of temporary placements in professional staffing categories rose by four per cent in 2012 whilst permanent placements dropped by a further two per cent, making contracting a growing profession, showing no sign of slowing down this New Year.

Chief Executive for APSCo Ann Swain commented on this recent information, showing confidence of the jobs market, and highlighting this boost within contracting.

“We have seen positive news on employment recently with the Office for National Statistics reporting both an overall fall in unemployment and a rise in the number of permanent jobs. However, we have not yet seen that trend reflected in the hiring of professional level staff – in fact employers’ preference for offering temporary contracts has intensified right through to the end of the year.”

Ann’s statement hints that this upsurge of temporary contracts is set to continue, and with 2013 well and truly underway, contractors can feel more positive in this current jobs market.

“Rather than making permanent hires, many businesses may want to wait and see what 2013 will bring.”

The truth is that businesses are hiring more contractors and are in greater need of temporary contracts within their companies. The reasons for this are plenty, stemming from past economic unease to of course an increasing reliability for limited company professionals.

By Troy Stevens

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