Businesses cite concerns over missing out on temp talent

Latest research shows businesses are concerned about missing out on temporary talent ahead of the introduction of new IR35 regulation.

According to a new survey from recruitment specialist Robert Half UK, three in five medium and large-sized businesses are concerned about missing out on this talent.

The research reveals 62% of medium and large private sector businesses cite concerns about missing out on skilled contractors and temporary professionals when IR35 is extended to the private sector from 6 April 2020.

Additionally, two-fifths (42%) of medium and large private sector organisations are concerned about losing current temporary workers to the new IR35 rules if they cannot renegotiate employment contracts in time. Meanwhile, just 15% plan to offer more competitive pay rates to their contractors to secure them.

Ahead of the introduction of the new regulation, a third (33%) say that the demand for temporary workers will increase, while 7% expect a decrease.

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