The latest analysis of its contractor database found that the percentage of contractors operating in the public sector has dramatically increased over the past 12 months. This comes at a time when significant financial pressures are being placed on the public sector as a result of ongoing government cuts.
Advertisement Matthew Brown, managing director of giant group, said: “The data from our analysis highlights that the public sector simply cannot cope with demand and is having to rely on the skills of specialist contractors to get engineering projects and maintenance programmes over the line. The majority of these professionals are operating in transportation and construction and we can expect demand to remain strong in the face of continued cuts.
“Interestingly, our analysis also found that the percentage of engineering professionals that would accept a permanent position has decreased once again, which suggests that contractors are gaining from working in this way.
"This isn’t particularly surprising as the benefits of contracting are clear to see. They profit from working on a wider range of projects which helps to bolster their already extensive skillsets and have the potential to earn more money than they would in a permanent position.
"As a result of this and the overall growth of the ‘gig economy,’ we are likely to see this figure fall yet again when we revisit the data later in the year.”
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Susie Hughes © Shout99 2016
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