As graduates go freelance, are you equipped to engage contractors?

New research from PolicyBee has found that an increasing number of students are considering freelancing and contracting as potential career options when they leave university. So what does this mean for employers?

Out of 1,000 students surveyed, 44 per cent were considering working outside of traditional permanent employment. One might think that graduates are simply keeping an open mind, but 56 per cent of the students surveyed had already tried freelancing during their studies – which suggests their plans are often grounded in experience.

A shrinking talent pool

With so many students interested in self-employment, what will be the impact on the jobs market? Employers may be forced to fight over a dwindling pool of job-seekers – or use contractors and freelancers.

Engaging freelancers and contractors brings fresh challenges, and may represent uncharted territory for some. Managers may need support to negotiate the client / freelancer relationship while adhering to the legislation affecting freelancers and contractors, such as IR35.

Contractor management training

With VinciWorks you can easily train your managers to get the best out of contractors and stay within the law. VinciWorks’ training is delivered online – so you can conveniently and affordably provide essential training for your team.

How are you managing your GDPR compliance requirements?

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”