2023 Salary Guide v10 DIGITAL - Flipbook - Page 8
08
The after-effects of IR35
Changes to off-payroll working rules were
introduced in April 2021, and they continue
to influence how both organisations and
contactors approach interim roles.
While only 6% of employers say that IR35
reforms have significantly impacted their
ability to engage contractors, nearly
half of respondents have been affected
to some degree. Nearly one in three
organisations now prefer to secure interim
staff through fixed-term contracts (FTCs),
but these arrangements remain largely
unpopular with candidates who receive
neither the security of a permanent
position nor the financial incentives that
typically come with contract work.
Instead, most contractors have either
increased their rates for ‘inside IR35’ roles
(44%) or will only consider ‘outside IR35’
opportunities (33%). Just 5% have actively
sought FTCs.
What long-term impacts of the pandemic
have you experienced when hiring?
Increase in early retirements: 4%
Increase in requests for part-time/
flexible working arrangements: 80%
As a result of these trends, we’ve seen an
increase in day rates over the last year.
Whereas in 2021, approximately half of
candidates were receiving between £600
and £800 per day, this figure has climbed
to between £700 and £900 this year.
Other: 16%