Calling all contractors – the UK needs you!!

Contracting in the UK is now at a 40-year high, with demand and agency figures far exceeding the UK permanent recruitment sector. Throw in the fact that pay rates have increased to a seven-year high and contractor availability falling, and you have market conditions that couldn’t be more perfect to be contracting in the UK.

The latest Recruitment and Employment Confederation (REC) report on the job market also highlights that IT and financial contracting were the highest performing of the core contracting disciplines during September 2014.

According to the REC chief executive Kevin Green, although permanent hiring growth has slowed to a ten-month low, September still saw further growth in demand for both contractors and employees.

“Once again more people have secured permanent and temporary jobs via recruiters than in the previous month, a sign of the continued strength of the UK’s labour market. The increasing lack of candidates continues to be a worry as shortages spread across more industries,” he said.

Contractor Calculator CEO Dave Chaplin notes that clients are increasingly turning to contractors to fill talent and skills gaps.

“As the economic recovery gathers pace and UK businesses invest in launching new projects, there just aren’t enough skilled employees available. That means clients are using the contract market to source these hard to find skills that are essential for growth,” Mr Chaplin said.

“Hourly pay for people on temporary contracts has risen at the fastest pace for nearly seven years, which shows that employers are bringing in temps and contractors with the skills they need quickly and are willing to pay to do so,” Mr Green adds.

So it really is the time to bring your skills and sense of adventure over to the UK, and take your pick from all the exciting new opportunities there are available for you here.

Get in touch with myOE and let us assist you with your plans, starting off with getting your tier 5 visa UK. There really is no time like the present!

MyOE was established in 1998 to help professionals relocate to the UK for work by assisting with all aspects of the move from planning the relocation to providing a hub that can offer several tailored employment solutions, through to arrival and beyond.

MyOE offer the best overseas experience and working visa UK deals on the market. MyOE makes sure you land on your feet in your new country and save on tax in your new job. Our contractor management service guarantees more take home pay.

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Find your ideal contractor umbrella company for your work in the UK

Moving overseas to work as a contractor can be a daunting prospect for most people, with relocating, finding places to live and work among the most stressful part of the whole process. This is why having an umbrella company to act as your ’employer’ is a beneficial solution for contractors.

Contractor Umbrella Companies in UK exists for the purpose of providing contractors with a comprehensive tax and payroll solution. With such a task, however, comes the responsibility of finding and picking the one that best suits your needs as a contractor, especially considering you’ll be working offshore.

Unsure where to start? Begin by searching online and comparing websites. Reviews and lists of suppliers exist heavily across the internet, so you can easily do your research with little effort. It’s important to remember to choose the company that best serves your purpose. Recommendations from people you know are also particularly helpful in determining whether a company fits what you are looking for.

Next, understanding how long the company has been around is also helpful in determining whether or not the company is capable of carrying out adequate services for you. For example, myOE has been providing payroll solutions to Australian contractors working in the UK for 15 years, with their own personal experience contracting in Australia and overseas. This factor of experience and knowledge should play a significant role in choosing best UK ancestral visa services.

Another important factor to consider is the costs involved, and what’s included with those costs. Typically, umbrella companies charge on a weekly basis and deduct directly from your earnings before they distribute them to you. Obviously the less the fees are the better, but always ensure quality comes with those fees. You don’t want to get caught out receiving nothing for what you pay for, even if the fees are low. Check out for contractor management.

When you think about why you choose to operate as a contractor under an umbrella company, not only is it because of convenience, but to ensure all tax, expenses and contracts are compliant. This is particularly important due to the fact that the work is being carried out overseas. Compliance assurance is the number one reason contractors working overseas enjoy the use of umbrella companies. The company is able to give advice for things from what wages to expect to what expenses you can claim. The company can manage your tax effectively, because they already know your income and history. In addition to compliance assurance is the capacity for service from the umbrella company Australia. They need to be capable of providing a dedicated account manager for their contractors who understands your income history. The ability to address things quickly and effectively comes second to only compliance in levels of importance.

MyOE understands the need for flexible solutions that optimise the contractor advantage when it comes to living and working in the UK. With the necessary infrastructure, technology, experience, and expertise, myOE operates seamlessly between Australia and the UK to not only take away the hassles of administration, taxes, compliance, and liabilities, but to also help contractors make the most of their overseas experience with free support and guidance services to professionals.

If you’d like to find out more about the services such as uk visa Australia, open uk bank account, tier 5 youth mobility visa, salary packaging solutions, contractor management system and payroll services myOE can offer contractors who want to live and work in the UK, call 1300 654 484 to speak to one of our dedicated team members.