With Britons voting to leave the European Union, concerns were raised that it would adversely affect the hiring process involving contractors. However, a new report states that these fears are unfounded as Brexit will have no impact on the hiring of contractors.
Recruitment website Totaljobs recently published its monthly Employment Index, which provides figures from June 2016, when the nation voted to leave the EU. Over half or 54 per cent of hiring managers revealed that they would not be delaying the hiring of new staff members due to the results of the referendum. Out of these, 44 per cent stated that exiting the EU would not have a bearing on the number of contractors or workers they intended to hire in the coming few months.
The report also found that nearly 21 per cent of hiring managers believe that the decision to exit the EU will not affect their hiring plans or business, whereas 65 per cent of hiring managers said that leaving the EU would not put a stop to the recruitment process. Nearly 78 per cent of recruiters expressed confidence that Brexit will not have any impact on wages.
The report states that Brexit is encouraging workers to opt for the contract route, which they would not have considered under normal circumstances. Nearly 19 per cent of respondents said that after Brexit, they are not so particular about the role they apply for.
Totaljobs Group Sales Director John Salt stated that businesses are quite certain that they can attract as well as retain employees. This confidence is supported by the data available through the organisation’s Employment Index report and clearly shows that businesses are still keen to continue hiring.
Salt said that while hiring managers and recruiters are confident that Brexit will not dampen IT contractor and other contractor hiring process, the UK Government needs to take proactive measures to ensure that businesses and employees get the assistance they need to smoothly navigate through the uncertainty created by Brexit.