Contractors to become UK’s competitive advantage, insists PCG’s ‘Brain Gain’ campaign

IR35 Test

Brain Gain is the PCG’s latest campaign, designed to educate businesses and the public sector about the benefits of the UK’s flexible workforce of skilled contractors and freelancers. PCG aims to use the campaign to demonstrate that contractors are vital to business and prosperity in the UK.

As the country emerges from recession, contractors will play a key role in enabling businesses to become “nimbler and more innovative as they harness the talent available on a flexible, freelance basis”, says PCG’s Head of Public Affairs, Simon McVicker.

Speaking to ContractorCalculator, he explained: “Using talent on an ‘as needed’ basis is becoming a major competitive strategy, and technology is making it easier than ever to organise projects in flexible ways. Our aim is to ensure the talent tap is turned on for UK business. Contractors are Britain’s Brain Gain that for many UK organisations is an untapped resource.”

National coverage highlights benefit of using contractors

PCG’s campaign includes adverts in The Times, the Sunday Times and the Financial Times, backed up by a high-profile PR campaign that has seen the PCG’s managing director, John Brazier, being interviewed on Radio 4 and elsewhere.

The campaign makes a compelling case to business for using contractors who, McVicker points out, combine resource efficiency with expert knowledge, objectivity and a results-driven attitude. “Contractors are only as good as their last contract, which is a philosophy that leads to a focus on performance,” says McVicker. “When you add the objectivity and external perspective a contractor brings, the business benefits are clear.”

Using talent on an 'as needed' basis is becoming a major competitive strategy, and technology is making it easier than ever to organise projects in flexible ways

Simon McVicker, PCG

On top of that, McVicker points to PCG analysis, which suggests that contractors are an important source of continuity for their clients. That’s because, unlike employees, maintaining a relationship post-contract benefits both contractor and client.

Contractors win in cost-benefit analysis

“When you examine the financial implications, contractors are a highly cost-effective alternative to an employee,” continues McVicker. “The hidden costs of employment can be substantial, whereas contractors don’t demand things like company cars, private healthcare and pensions; they pay for all that themselves.”

He continues: “Not only that, but you can buy decades of experience by the hour, which could enable a business to learn hard-won lessons from other organisations and avoid making costly mistakes.

Raising contractors’ profile

In its new ‘Freeing Up Growth’ report, based on interviews with business leaders, managers and freelance professionals, PCG has created five key messages to raise the profile of contractors with clients:

  1. The benefits of using the skills and expertise contractors can bring to an organisation as a core element of competitive strategy
  2. Technology enables collaboration and networking to organise projects in flexible ways
  3. Managers who recognise the benefits contractors can bring are capitalising on these benefits, balancing core staff with external expertise
  4. Contractors represent a talent pool of 1.4 million skilled workers, which can provide enormous choice and expertise
  5. Contractors, freelancers, interims and consultants add value to the economy to the tune of £21 billion.

“We have developed a new strategy to engage with business leaders about the benefits of using contractors,” continues McVicker. “This is supported by a body of evidence that business can recognise and which demonstrates how freelancers contribute positively to business objectives.”

Published: Tuesday, February 16, 2010

© 2012 All rights reserved. Reproduction in whole or in part without permission is prohibited. Please see our copyright notice. If you want to use any content you have seen on this site then please request our media pack and ask for details of our Content Licencing Service.

Technical-E


Readers Comments...


  
Bookmark and Share
  
     
  

Latest Site Updates

ContractorCalculator: Contracting news in brief ContractorCalculator: Contracting news in brief

News this week includes a bumper crop of mostly positive economic data for contractors; ESC C16 deadline; & HMRC starts new anti-tax-cheat campaign.

Contractor ESC C16 options for tax efficient limited company closure by 1 March 2012 Contractor ESC C16 options for tax efficient limited company closure by 1 March 2012

Contractors have time to close their contracting business tax efficiently using ESC C16 before new rules and a £25k cap come into force on 1 March.

Project management contractor does it ‘by the book’, literally, to win first contract Project management contractor does it ‘by the book’, literally, to win first contract

Project management contractor Ken Burrell won his first contract, and just secured his first renewal, by acquiring & applying new contracting skills.

ContractorCalculator Market Report February 2012 ContractorCalculator Market Report February 2012

Contractors received a PR boost in Davos and have a target rich contract market if they can pick the winning sectors of the UK’s two-speed economy.


  
  

Twitter

Follow Us On Twitter


  
     

  
  

Contractor solutions

Contractors Handbook AM Limited ContractorCalculator Marketplace InniAccounts AWR Whitepaper IR35 Test
  
Contractor accountants - pricing checklist Contract jobs board
  

Contractor solutions

Choice Premier Pay+

Take home up to 85% of your pay. IR35 solution.

Parasol Group

Umbrella or Limited? Guidance on best options, and take home pay.

InTouch Accounting

Person to person contractor accountant. £85 pcm. Free IR35 review

Contractors Handbook

The expert guide for UK contractors and freelancers

Bedouin Group

No more IR35. Retain up to 85% of your earnings.

NA D J Colom Accountants Bedouin Group Contractor Financials NewsNow
  
Contractors Handbook

  

The UK's leading contractor site. Independently audited traffic (ABC) – 133,141 monthly unique visitors.