How reliant is your business on contractors?
In construction contractors make up about 42% of our workforce. They are the people we depend on at key points of project delivery and using them also helps us manage labour costs more effectively.
To help us answer that question we teamed up with Carmichael UK to ask the contractors that they work with. The following results are based on the responses of 126 contractors placed by Carmichael UK with clients across the UK.
For most of us work is important to our health and wellbeing. It provides us with financial security, a sense of purpose and independence. There’s also a link between wellbeing and engagement – when people are engaged and in good health they perform better; if we’re not engaged by the work we do it will affect our wellbeing, and if we’re not mentally well it will affect the work we do. Organisations and individuals only get the benefits that come with engagement and wellbeing when thei workforce get to do the right kind of work (good work).
More than 96% of the respondents in our survey indicated they had made an active choice to be a contractor – the most common motivation being the flexibility and freedom to choose who they worked for, what projects they worked on and how much time off they took. These results are consistent with the recent Centre for Research on Self-Employment (CRSE) study which found that on average contractors have higher levels of wellbeing than permanent employees.
Yet, even though the majority made a positive choice to be a contractor, 28% of them still told us that the way organisations manage them, and the work they do, is putting their wellbeing at risk.
The 3 highest risk areas identified in our survey;
Lack of communication is a well known and common source of stress in the workplace. When you don’t have the opportunity to have your say it can make you feel your views are not important and that you can’t influence matters that affect you.
Training and Development
Work life balance
The key drivers of engagement at work are the same things that maintain wellbeing – and they are important for both contractors and employees.
The way we manage people has the biggest impact on wellbeing – if we manage people right then we benefit from better wellbeing, engagement and productivity.
Are you taking action on wellbeing in your business? Are you taking care of the contractors who work with you?
We’d love to hear your thoughts on our findings. What is your experience? What are you doing to support contractor wellbeing?