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Contractor market expands
by Susie Hughes at 10:24 03/11/11 (News on Business)
As the contractor market continues to expand, a firm of specialist accountants has developed a 'How to become a contractor' roadmap.
The guide from SJD Accountancy aims to support people who are considering entering the world of contracting and freelancing.

Several recent reports show that contracting is becoming increasingly popular, in part no doubt due to Government cut backs and redundancies in the corporate world.

Itjobswatch.co.uk recently reported substantial increases in the number of IT contract vacancies advertised, where back in 2009 there were just 156,000 IT contract jobs with the number expected to be well over 250,000 by the end of 2012.

Agency group, the REC also echoed this changing employment model. Andrew Tomlinson, REC Policy and PR Advisor said: "Recruiters have relied increasingly on temporary and contractor placements, rather than permanent placements, for their turnover in recent years. The REC’s 2009/10 industry survey found that 90.4 per cent of recruitment industry turnover came from the temporary/contractor market, up from 86.8 per cent in 2006/07."

Information graphic
The 'infographic' from SJD Accountancy illustrates the options contractors have by explaining the steps they should consider before becoming a contractor, in a simple plain English guide.

The guide covers topics like how to build a CV, surviving and succeeding at interviews, the advantages and disadvantages of become a contractor as well as a rundown on how best to operate either via an Umbrella company or through your own limited company.

‘How to become a contractor’ is available free here

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Susie Hughes © Shout99 2011

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