Tag: IR35

  • The World is in our Hands

    The World is in our Hands

    This week marked the 50th anniversary of Earth
    Day.
    Created by environmentalist Denis Hayes in 1970 (go math ?) the celebration reaches its
    half a century of life amidst the greatest global crisis our world has seen in
    a while.

    Hayes sat down with
    Thomson Reuters to reflect on the event’s trajectory and discuss how much we’ve
    done vs. how much is left to do. 

    Among his main criticisms — the system’s failure to leverage technological innovations to produce cheaper, more efficient and cleaner energy.

    He is hopeful that being stuck at home makes us more aware of what’s at stake should we not tackle climate change head-on and collectively.

    It is precisely this message of unity that the European Space Agency wanted to emphasize, reminding us of the late Stephen Hawkins’ last message to humankind. 

    “How will we feed an ever-growing population, provide clean water, generate renewable energy, prevent and cure disease and slow down global climate change?

    I hope that science and technology will provide the answers to these questions, but it will take people, human beings with knowledge and understanding to implement the solution.”

    The message was broadcasted to all planet Earth, with accompanying music by Greek composer Vangelis.

    It’s a mixed bag for IR35

    The UK’s controversial IR35 regulation,
    which was set to enter into force earlier this month, was delayed to April 2021
    due to the advance of COVID-19. The decision was welcomed with relief by
    workers and the enterprise world alike. 

    The legislation could have endangered
    independent work by asking companies to pay higher taxes for contractors who
    were not deemed independent enough.

    But both industry and legislators at the House of Lords Finance Bill Committee believe the law needs to be further postponed, as an extra year might not be enough time. Some go beyond that, arguing for a bill revision rather than a delay.

    However, the Treasury announced yesterday it had no intention at this moment of changing its plans.

    News from the frontlines

    One more week, we look at the various tech
    initiatives being launched around the world to help fight the novel
    coronavirus.

    Cisco has created two new
    programs to help healthcare organisations get the networking equipment they
    need. The platforms match companies looking to donate unused wireless equipment
    with healthcare facilities that need it. 

    Google has opened its
    Healthcare API in a move to facilitate the sharing of medical data and promote
    a coordinated response to the virus. 

    Facebook is launching a nation-wide symptom survey in the UK. The survey, which had already been rolled out in the U.S., will provide data to predict hospital admissions in specific areas. 

    Finally, the innovation arm of the UK’s National Health Service has announced a £500,000 funding competition for innovators and startups to come up with digital tools to help against the virus outbreak. 

  • The rise of tech freelancers

    The rise of tech freelancers

    Not that long ago, freelancing was a somewhat mysterious concept reserved for a few lucky ones and the creative types. Nowadays, independent workers make up a significant part of the workforce with the rise of tech freelancers. And their numbers are growing exponentially. This is especially true in IT, where skill shortages and the constant need for IT professionals across all industries provide the perfect conditions for a freelance lifestyle.   

    We take a look at the
    factors propelling (and hindering) this transformation.  

    A new office environment

    This rise in
    freelancing is in large part due to the generational shift in the workplace.

    By the end of 2020, millennials will have caught up with Generation X, with each making up 35% of the world’s labour. At the same time, those born after 1997 (Gen Z) will have established a solid foothold in the workplace with 25% of the total.

    A recent survey of more than 7,000 freelancers in over 150 countries revealed that a staggering 70% of independent workers are under the age of 35. Those younger than 25 represent 21% of the total.   

    This new workforce configuration is introducing important changes, from corporate culture to salary expectations or how teams operate. Considering that, by 2025, millennials will represent three-quarters of all employees and many of them will be in managerial positions, these new standards will have a big impact on recruitment moving forward. Concepts like flexible schedules, hypermobility and freelancing are becoming more ubiquitous and sought after.

    Want to become an IT freelancer/contractor?

    >>> Careers in Tech and IT: Towards a Freelancisation of Permanent Positions?

    >>> IT Job Hunting Done Well: A Step-by-Step Guide

    A
    freelance-friendly scene

    Albeit often
    accompanied by controversy, the emergence of the so-called gig economy has too
    contributed to the normalisation of the freelance life. While some tout the
    benefits of this labour model, such as greater flexibility or financial
    freedom, others consider it a source of precarious employment. Whereas that
    could be argued when it comes to very specific sectors, the reality is that tech freelancers
    generally enjoy an advantageous position in comparison to their in-house
    counterparts.

    Yes. Independent workers must deal with limited social protections, fluctuating activity and internal red tape. However, the average daily rate of tech freelancers fluctuates between €350 and €800 – well above the average rate of salaried employees in most countries. They also express a 4-out-of-5 satisfaction with their lifestyle.

    Programming and IT make up 29% of the global freelance workforce, sharing the top three with web and graphic design. The fit between IT and a freelance lifestyle is clear. A highly coveted skillset that is relevant to almost all industries gives IT professionals the flexibility and bargaining power required to go independent. IT contractors are also among the best-paid freelancers.

    A new regulatory landscape with the rise of tech freelancers

    But freelancing faces
    some roadblocks too. All around the world, new regulations on temporary
    employment are being put in place in an effort to avoid precariousness and
    reduce the disparity between permanent and short-term positions. Nonetheless,
    some of these well-meaning measures can end up doing more damage than good.

    A good example of this
    problem is the UK’s IR35. Set to kick in on April of this year, this piece of
    legislation plans to increase employment tax costs for those companies who
    consider a contractor as an employee in all but name. Although the law is
    intended to discourage companies from abusing temporary contracts for
    tax-saving purposes, what it could mean in practice is that companies would
    steer clear of contractors altogether.

    Both the freelance
    community and businesses are pressing for the legislation to be
    re-examined.  

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