BSA 2024 Cyber Security Salary Guide v5 SPREADS - Flipbook - Page 8
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The long-term effects of IR35
It has been nearly three years since reforms to IR35
legislation were introduced in the UK. Through our
annual salary guides, we have tracked how these
new off-payroll rules have impacted the interim
market, and it is clear that some organisations
and candidates are still trying to navigate the
changes effectively.
For example, nearly half of employers (46%)
claim the IR35 reforms have hampered their ability
to engage skilled contractors, with 23% of these
saying the impact is ‘signi昀椀cant’.
Our data also shows that 54% of organisations
are now using 昀椀xed-term contracts (FTCs) to access
昀氀exible resource. However, these arrangements are
often unpopular among candidates – only 3% say
accepting an FTC role was their preferred response
to IR35 changes.
Instead, most interim workers tell us they are
choosing to either consider only ‘outside IR35’ vacancies (39%) or have increased their rates for ‘inside’
roles (31%). Approximately one in 10 contractors have
also sought or accepted permanent positions.
“Traditionally, a lot of interim workers wouldn’t
consider permanent roles, while many salaried
employees weren’t interested in contracting,”
says Harry Boorman, Senior Consultant at
Barclay Simpson.
“However, current market conditions are encouraging more people to be open-minded about
the opportunities available to them.”
