November Contractor News Round Up

Take a look at our latest contractor news round up below:

Oil and gas contractors can expect the current contract boom to continue into 2014

An Oil and Gas industry report reveals strong levels of activity and record employment intentions in the sector. A record 98% of contractors in the sector are looking to recruit in the next 12 months and confidence in the industry is high for 2014. The downside is that the industry’s growth is being constrained by skills shortages and companies are finding themselves frustrated with the lack of information on the impact the vote for Scottish independence will have. Read more…

Contractors more motivated by lifestyle benefits than money

A recent survey has shown that contractors are more motivated by the lifestyle options that freelancing affords them than money. 70% prefer the draw of the flexibility and freedom that often comes with contracting. 38% said they liked the variety of working on different assignments and work-life balance was cited as top reason for 12% of those surveyed. Only 29% said that potential earnings were the main attraction for them in contracting. It was also shown that those in creative jobs were the ones to state that the lifestyle reasons were their main reasons. This is in contrast to those in engineering, technology and manufacturing jobs who leant slightly more to being motivated by money.

Contractors and Freelancers celebrate National Freelancers Day – the “best one so far”

National Freelancers day was last month (21st Nov) and it seems to have been the most successful so far according to Contractor Calculator.  Their CEO said, “This has been an important year in the slow move towards gaining the recognition the sector requires to make it an even more powerful force to help grow and improve the UK economy.” The event caught the eye of the national media, with the Telegraph running a feature on freelancing in celebration and awareness. The event was popular with the debate causing the biggest stir; many didn’t think the government were representing contractors and freelancers well enough. “It was interesting that when Nick Ferrari asked us whether we felt the government has improved the situation for contractors and freelancers, no one raised their hand,” – Contractor Calculator CEO. Alongside the main event, other smaller parties took place in co-working spaces up and down the country.

Contract opportunities outstrip contractor supply in Scotland

Contractor availability has been deteriorating across Scotland faster than any period since December 2004. The sharp fall in Scotland-based contractors looking for contract work suggests that there may be great opportunities for contractors in the UK who are willing to travel. This news comes from the recent Report on Jobs from the Bank of Scotland, which highlights that contractor demand and vacancies across all areas continues to increase. “The recovery in the Scottish economy is showing through in growing employment and rising pay.” said Donald MacRae, Bank of Scotland’s chief economist.  Read more…

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