Feeds

Work drying up for IT freelancers

One in four PCG members out of work

  • alert
  • submit to reddit

Build a business case: developing custom apps

The government has been urged to do more for independent freelancers after an industry trade body revealed a quarter of its members are out of work, with many more struggling to make a profit.

A survey by the Professional Contractors Group (PCG) found one in four of its members had no current job, while 54 per cent admitted to suffered a drop in earnings over the past year compared to the previous 12 months.

Of the study’s 1,800 freelancer respondents, over half felt prospects for the rest of 2003 would be particularly gloomy, with many predicting a fall in profits after tax.

Over 70 per cent of those quizzed said they had been freelancing for more than five years, with a quarter having worked for themselves for over a decade, indicated even freelancers with vast experience had been badly affected by the downturn.

Nearly nine out of ten of those in employment said they operated as a limited company with no more than one or two employees.

Simon Griffiths, chairman of the PCG, said the government should take action on several issues his organisation had campaigned on to boost the freelance sector.

“This vindicates the views we have consistently put forward to the government, and in our recent submission to the All Party Parliamentary Small Business Group, regarding the scale of the lack of work within the freelancer community.

“Clearly, our persistent lobbying with regard to Fast Track Visas, work permits and the skills shortage list has been entirely justified.”

Griffiths said the high proportion of experienced freelancers facing difficulties was particularly worrying.

“We’re talking about the majority of freelancers surveyed having been established for a long time, which makes the proportion not in contract all the more disturbing.”

© Startups.co.uk is the biggest independent small business site in the UK. It has more than 2500 articles covering everything from taking on staff to dealing with VAT.

Related stories

Is this contract a robust defence against IR35?
IT subbies out of work and out for the count
New PCG boss predicts doom and gloom in IT sector
Barclays, GlaxoSmith Kline slash IT contractor rates

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.