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In many ways this is the worst of both worlds, and how many contractors are going to claim worker rights? Subject to correction there have been very few cases under AWR because another contract/agency goodwill is more valuable than AWR rights and rolled up holiday pay as a nest egg against periods without work is more valuable than the time off.
Worker status doesn’t give a person the most valuable of employee rights, namely security of tenure and access to an occupational pension scheme; without the prospect of upgrade to employee status after a substantial period of continuous service, with continuity preserved and the option of buying pension years, is it worth it?
It’s either employment’s poor relation, if you are doing contract work either because of a) age - you are too old to pass the paper sift in a recruitment process, or b) because your work/life demands are too exacting to make you attractive as an employee, or a means of making you pay more tax if you are self employed but not in business, ie marketing your services to the world at large.

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