Three Realities about Contractors in 2016

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Even giving the matter a cursory glance, the statistics and facts about contractors, freelancers and independent workers in the UK prove to be eye-opening. Although myths about going out on your own still abound, the encouraging realities about contractors in 2016 serve as a reminder that an entire economy owes these undervalued contributors a day of recognition.

For those who didn't know already, Thursday will be that day. This year, the 9th of June marks National Freelancers Day 2016 (known in the hashtag world is #NFD16). It's all punctuated by an event hosted by IPSE in Covent Garden, which will cap off a day of activities with a series of awards celebrating the best in freelancing.

What you can find in the media about contractors, furthermore, will give the hashtag even more purpose. Below are three important facts about contractors and freelancers to keep in mind as you celebrate in person, on Facebook and/or on Twitter:

  1. Contractors generated £109bn for the UK economy in 2015 1
  2. Government figures from Q4 2015-16 show the number of self-employed rose by 182,000 compared with Q4 2015 2
  3. Temporary worker pay rose in May 2016 at the fastest pace since July 2007 3

Expressed visually, we invite you to share these facts to the #NFD16 hashtag-o-sphere via the images below:

Fact 1 for #NFD16: Pay is rising for contractors

Fact 2 for #NFD16: Self-employed numbers are rising significantly

Fact 3 for #NFD16: The UK economy is counting on contractors

Bottom line: whatever the reason for choosing contractors, UK business clearly wants them involved in what they're doing. Be it under an umbrella or as a true contractor, #NFD16 marks a moment in time when it's never been a better time to explore your options as a freelancer.

Whether you want to join our umbrella solution, establish your own limited company with ClearSky, or just need some guidance on which option would be most suitable for you, give our team a call on 0800 032 5326 now or arrange a callback for a time that suits you.

Sources

1. IPSE, as reported in Startups.co.uk: "Freelancers contribute £109bn to the UK economy"
2. ONS, as reported in Shout99: "Growing army of self-employed good news for UK economy"
3. REC: "Report on Jobs: Permanent placements growth at seven-month low, but temp billings rise at faster rate"

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