{"id":15043,"date":"2022-05-06T00:00:00","date_gmt":"2022-05-05T23:00:00","guid":{"rendered":"https:\/\/identifi-global.eu.applyflow.com\/why-contractors-are-an-attractive-talent-option-in-today-s-market\/"},"modified":"2022-12-09T06:14:58","modified_gmt":"2022-12-09T06:14:58","slug":"why-contractors-are-an-attractive-talent-option-in-today-s-market","status":"publish","type":"post","link":"https:\/\/www.identifiglobal.com\/news\/why-contractors-are-an-attractive-talent-option-in-today-s-market\/","title":{"rendered":"Why contractors are an attractive talent option in today\u2019s market"},"content":{"rendered":"<p style=\"text-align: center\">\n\t<img decoding=\"async\" alt=\"\" src=\"https:\/\/cdn-01.cms-eu-v2i.applyflow.com\/identifi-global\/wp-content\/uploads\/2022\/12\/ContractorsAttractiveOption.jpg\" style=\"width: 600px; height: 400px\"><\/p>\n<p dir=\"ltr\">\n\t<span id=\"docs-internal-guid-2b91b5a6-7fff-d231-6ad1-71d38a1a2cc8\">Gone are the days when recruiting permanent IT staff was a quick and easy process. Now, businesses are finding that &#8211; thanks to COVID-19 and Brexit &#8211; it\u2019s a process that can take anywhere between three months and a year.&nbsp;<\/span><\/p>\n<p>\n\tIt\u2019s not just time that\u2019s the issue, either. Recruiting permanent staff can be expensive &#8211; and with good talent so thin on the ground, you\u2019ll be battling with numerous other companies to hire top talent.&nbsp;<\/p>\n<ul>\n<li>\n\t\t<a href=\"https:\/\/identifiglobal.hubspotpagebuilder.com\/why-the-perm-market-went-haywire\" target=\"_blank\" rel=\"noopener\"><em><strong>Download our full report to learn how to hire the talent you need.<\/strong><\/em><\/a><\/li>\n<\/ul>\n<p>\n\tIf your tried and tested recruitment methods are no longer working, it may be time for a change. But what are your options?<\/p>\n<h2>\n\tTime for change<\/h2>\n<p>\n\tDemand for talent remains high, but how long will this be the case? Is it worth simply hanging on until things return to normal?<\/p>\n<p>\n\tYou\u2019ll be in for a long wait if you do. At Identifi Global, we\u2019re seeing no signs of demand slowing. At best, we believe it will be two years until we see any real change in the market. So, what are your options?&nbsp;<\/p>\n<blockquote>\n<p style=\"text-align: center\">\n\t\t<strong>&#8220;There&#8217;s a vast untapped market of contractors out there&#8221;<\/strong><\/p>\n<\/blockquote>\n<p>\n\tYou could outsource work overseas. You could increase the salaries you\u2019re offering, or allocate more money to your recruitment campaigns. Why go down these routes, though, with no guarantee of results, when there\u2019s a vast untapped market of contractors out there?<\/p>\n<h2>\n\tThe benefits of hiring contractors in today\u2019s market:<\/h2>\n<p>\n\t<span id=\"docs-internal-guid-2b91b5a6-7fff-d231-6ad1-71d38a1a2cc8\">IT<\/span><a href=\"https:\/\/www.contractoruk.com\/news\/0015448growth_it_contractor_demand_fourth_month_row.html\" target=\"_blank\" rel=\"noopener\"> contractor demand is surging<\/a> in the UK, and it\u2019s easy to see why. IT contractors are:<\/p>\n<h3>\n\t1. Available<\/h3>\n<p>\n\tContractors are available &#8211; and they\u2019re available right now. Hiring a permanent member of staff takes time: they\u2019ll have to work out their notice period, may need to take gardening leave, and will need references completed, contracts signed, and inductions finished before they can get started.&nbsp;<\/p>\n<ul>\n<li>\n\t\t<a href=\"https:\/\/identifiglobal.hubspotpagebuilder.com\/why-the-perm-market-went-haywire\" target=\"_blank\" rel=\"noopener\"><em><strong>Learn more about why the perm market went haywire and how to find the talent you need.<\/strong><\/em><\/a><\/li>\n<\/ul>\n<p>\n\tHiring a permanent team member could take six months or more. Hiring a contractor to fill the same role could take just two weeks, even in the current climate. In critical roles, contractors can also be used to cover a perm role during the perm hiring process to keep operations flowing smoothly.<\/p>\n<h3>\n\t2. Independent workers<\/h3>\n<p>\n\tThe world of work has changed. While some companies have brought all their staff back to the office, others have maintained a hybrid working approach. With many workers splitting their time between the workplace and working remotely, you\u2019ll want to be sure that your team members can work independently.&nbsp;<\/p>\n<p style=\"text-align: center\">\n\t<img decoding=\"async\" alt=\"\" src=\"https:\/\/cdn-01.cms-eu-v2i.applyflow.com\/identifi-global\/wp-content\/uploads\/2022\/12\/IndependentWorkers.jpg\" style=\"width: 600px; height: 400px\"><\/p>\n<p>\n\tContractors have chosen to be freelance. They\u2019re used to being agile and working independently, meaning that they can hit the ground running.<\/p>\n<h3>\n\t3. Highly skilled<\/h3>\n<p>\n\tThe UK\u2019s pool of contractors is highly skilled. You may be looking for support with a wide range of tasks. You may have a more specialised project that\u2019s landed at short notice, and your existing team members either don\u2019t have the required skills or may be tied up with other projects.<\/p>\n<p>\n\tEither way, you\u2019re sure to find a contractor whose experience and skill set fits the bill.<\/p>\n<h3>\n\t4. Competitively priced<\/h3>\n<p>\n\tOn the face of it, contractors may seem like the more expensive choice, with a higher cost per hour. However, in the long run, they\u2019re generally competitively priced.&nbsp;<\/p>\n<p>\n\tBy hiring contractors instead of permanent staff, you\u2019ll reduce the overheads associated with the latter. Contractors are self-employed, which means that as well as being responsible for their own National Insurance, tax and pension contributions, they don\u2019t require holiday pay, sick pay or overtime.&nbsp;<\/p>\n<ul>\n<li>\n\t\t<a href=\"https:\/\/f.hubspotusercontent10.net\/hubfs\/8222568\/Contractor%20Complete%20Brochures\/Identifi%20Global%20Contract%20Complete.pdf\" target=\"_blank\" rel=\"noopener\"><em><strong>Unsure about IR35? Find out how our Contract Complete service can help.<\/strong><\/em><\/a><\/li>\n<\/ul>\n<p>\n\tHowever, this also includes a cause of major headaches for employers &#8211; and the reason why many avoid going down the contractor route: IR35.<\/p>\n<h2>\n\tThe elephant in the room<\/h2>\n<p>\n\t<span id=\"docs-internal-guid-2b91b5a6-7fff-d231-6ad1-71d38a1a2cc8\">Despite seeming complex, IR35 isn\u2019t actually as daunting as it appears. The important thing when hiring contractors is that you understand how it works, as it\u2019s <\/span>your responsibility to determine a contractor\u2019s IR35 status.&nbsp;<\/p>\n<p>\n\t<span id=\"docs-internal-guid-2b91b5a6-7fff-d231-6ad1-71d38a1a2cc8\">The benefits of hiring contractors are clear: don\u2019t miss out just because of the perceived complexity of the IR35 rules. <\/span><a href=\"https:\/\/identifiglobal.hubspotpagebuilder.com\/en\/hiring-contractors-in-2021?__hstc=99471425.3d5d273a8b5684fb9e4db88469cca106.1629436524103.1631542923234.1633613345836.3&amp;__hssc=99471425.3.1633613345836&amp;__hsfp=250451445\">Download our complete guide to IR35 compliance<\/a>, and hire contractors with confidence.<\/p>\n<p dir=\"ltr\">\n\t&nbsp;<\/p>\n<p dir=\"ltr\">\n\t<em>Images via <a href=\"https:\/\/unsplash.com\/photos\/SYTO3xs06fU\" target=\"_blank\" rel=\"noopener\">Unsplash<\/a> and <a href=\"https:\/\/pixabay.com\/photos\/home-office-computer-desk-display-1867759\/\" target=\"_blank\" rel=\"noopener\">Pixabay<\/a><\/em><\/p>\n<div>\n\t&nbsp;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gone are the days when recruiting permanent IT staff was a quick and easy process. Now, businesses are finding that &#8211; thanks to COVID-19 and Brexit &#8211; it\u2019s a process that can take anywhere between three months and a year.&nbsp; It\u2019s not just time that\u2019s the issue, either. Recruiting permanent staff can be expensive &#8211;&hellip;&nbsp;<a href=\"https:\/\/www.identifiglobal.com\/news\/why-contractors-are-an-attractive-talent-option-in-today-s-market\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Why contractors are an attractive talent option in today\u2019s market<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":15044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[39],"tags":[],"class_list":["post-15043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news-trends"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/posts\/15043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/comments?post=15043"}],"version-history":[{"count":0,"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/posts\/15043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/media\/15044"}],"wp:attachment":[{"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/media?parent=15043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/categories?post=15043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.identifiglobal.com\/af-api\/wp\/v2\/tags?post=15043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}