Based on the opinions of more than 2,500 independent flexible workers (contractors) from across the UK our survey finds out what makes them tick and why contracting is an increasingly popular working choice. With many major infrastructure projects on the horizon (such as Hinkley and HS2) our survey is especially pertinent given the demand for skills in the market. We delve into the contractor benefits that come with flexible working.
Flexibility and Work/Life Balance
According to the results of our survey, flexibility (53%) and a better work-life balance (38%) are two of the biggest perks of giving up full time employment in favour of contract work. Leaving the job security associated with being an employee can be daunting and of those surveyed, 38% worry about their next placement and finding the right contract. Yet for those that have taken the leap, the benefits far outweigh the negatives and 70% consider contracting a long-term career option for them and aren’t planning on returning to permanent employment.
Higher rates of pay (51%) was listed as another huge advantage in the flexible working community. These professionals can often demand a greater earning potential than their permanent counterparts because of their specialist skills, having less job security and not receiving any holiday pay, sickness pay or other benefits that are associated with permanent employment. Of the respondents, more than half (59%) earn £200 or more a day – a figure that is almost more than double the average UK worker (£106). Just 1% of those surveyed earned more than £1,000 a day.
Julie Devine, Hinkley Point C Specialist at Morson Group, said: “A very attractive part of flexible working is the lifestyle. You get the freedom to manage your own working hours to fit around say, your childcare commitments. You also get paid for what you do. So working overtime or over a weekend will mean that you’re actually paid for it. Flexible working is one of the best ways of earning more money, having more time for you and getting paid to do what you love doing.”
Want to know more? The full Morson Hinkley Skills Survey explores the importance of flexible workers in infrastructure.
Based on the opinions of more than 2,500 independent flexible workers from across the UK, the Hinkley Skills Survey provides a real insight into contractor benefits. We explore why contracting is an increasingly popular working choice, how to encourage more females into technical professions and what holds a flexible worker back from spreading their wings and seeking new opportunities in different sectors.
In particular, this whitepaper draws attention to what factors attract flexible workers to a role and the requirements for them to relocate. This is especially pertinent with many major infrastructure projects, which require specific levels of locally-sourced skills. Click here to download your copy