The significance of flexible workers in the UK’s workforce cannot be underestimated.
- Politicians often highlight the economic contributions of flexible workers, as reiterated by Sajid Javid.
- The UK’s flexible workforce, including freelancers and contractors, makes up 20% of the total workforce.
- The NAPF report brings attention to the inadequate reporting on workforce management in businesses.
- Many businesses remain unaware of the number of temporary workers they employ.
The significance of flexible workers within the UK’s economy is frequently underscored by political figures. Sajid Javid, the Business Secretary, has made notable references to the value brought by these workers, affirming that economic recovery is driven not just by political actions but primarily by the diligent efforts of individuals. Flexible workers, such as freelancers and contractors, are integral in this process, comprising approximately 20% of the workforce and enabling companies to maintain agility.
A recent report by the NAPF titled ‘Where’s the workforce in corporate reporting?’ has highlighted significant gaps in how businesses document and manage their workforces. The report recommends that firms need to reassess their workforce composition, including aspects such as skill levels, engagement, and employment models. Understanding these areas can enhance workforce deployment and sustainability.
Despite the clear advantages offered by contingent workers, it is reported that merely 11% of FTSE companies keep track of their temporary workforce numbers. This oversight suggests a potential gap in HR departments’ awareness, as they might not even realise the full extent of temporary staff employed. Instances such as outsourcing departmental functions can lead to ambiguous employment arrangements, questioning who bears responsibility for worker welfare.
Businesses are encouraged to become more knowledgeable about the contractors and freelancers operating within their ranks. These flexible contributors are fundamental to achieving business success and ought not to be overlooked. Ensuring fair treatment and recognition provides these workers a deserved voice in the corporate ecosystem.
Julia Kermode, chief executive of the Freelancer and Contractor Services Association, emphasises the importance of acknowledging the contributions of flexible workers. She advocates for greater corporate responsibility and awareness, stating it is essential for future success.
The recognition and management of the UK’s flexible workforce is crucial for sustained economic growth and corporate responsibility.
