50% of businesses reported that IR35 was, despite Brexit and the covid-pandemic, the biggest obstacle to hiring contractors over the past 12 months, according to Kingsbridge Contractor Insurance’s survey of more than 1,200 contractors, recruitment businesses and end clients. Further, more than 70% of businesses and recruiters surveyed reported that they had seen a reduction in their limited company PSC contractor workforce.
Paul Havenhand, CEO of Kingsbridge Contractor Insurance, said ‘using CEST appears to have a direct impact on the decreasing pool of contract labour. 38% of the recruiters who stated their end clients use CEST have seen a 61% or greater reduction in their contractor pool’.
50% of businesses reported that IR35 was, despite Brexit and the covid-pandemic, the biggest obstacle to hiring contractors over the past 12 months, according to Kingsbridge Contractor Insurance’s survey of more than 1,200 contractors, recruitment businesses and end clients. Further, more than 70% of businesses and recruiters surveyed reported that they had seen a reduction in their limited company PSC contractor workforce.
Paul Havenhand, CEO of Kingsbridge Contractor Insurance, said ‘using CEST appears to have a direct impact on the decreasing pool of contract labour. 38% of the recruiters who stated their end clients use CEST have seen a 61% or greater reduction in their contractor pool’.
