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Number of medical contractors surges, due to health industry shake-up
Posted Nov 22, 2011
The number of doctors and nurses working as contractors has increased significantly over the past two years, according to a new study.
The research, carried out by umbrella company FPS, shows that the increased number of health professionals working on a contract basis reflects the significant employment changes that are taking place within the health industry.
According to statistics collected from over 3,600 healthcare contractors, the number of young doctors and nurses (aged between 18 and 29) working on a contract basis has increased by 90% since 2009.
'Mid-career' health professionals (aged between 29 and 49) are more likely to hold on to their permanent roles, and are more reluctant to work on a contract basis.
This, perhaps, reflects trends in other industries, where the perceived risks of starting a freelance career grow as people gain more responsibilities and commitments.
Interestingly, the trend has not spread to the pharmaceutical sector, with 26% fewer pharmacists taking on contract work in 2011, compared to 2009.
Commenting on the findings, Simon Last-Sutton, MD of FPS, commented:
"We have seen a significant change in the age profile of contract workers in the health industry. Perhaps there are fewer permanent roles available to graduating doctors and nurses, so young medical professionals are turning to contracting as an alternative means of establishing a career in this competitive industry.
"This trend is also reflected at the other end of the spectrum, with doctors nearing retirement age remaining in the workforce for longer, by taking on part-time roles. This is perhaps a lifestyle decision for them as they near the end of their careers. It is only in the middle tier where we have seen a drop in the number of contracted medical professionals, suggesting that, unsurprisingly, job security is the most important factor for this age group.:
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