Agencies
Umbrella Employment, CIS and Outsourced Payroll
We take pride in our collaborative approach to working with our agency partners, allowing you to focus on your core business while we take on the administration associated with managing and paying the workforce.
Our umbrella, CIS and outsourced payroll solutions are designed to make sure your candidates are supported every step of the way, meaning they and your clients are happy!
Compliance
Compliance should be a focal point of any service provider if you are to put your trust in them to work with you. At Payshield, we understand how important it is for our clients to be confident in our approach towards the relevant areas of compliance.
Right To Work
Our digital RTW platform ensures that all your candidates have their ID verified and have the right to work in the UK. Alongside uploading their ID documents or share codes, they’ll undergo a face matching and liveness check to confirm their credentials.
Insurance
We have Employer’s Liability (£10m) Public Liability (£5m) and Professional Indemnity insurance cover in place to cover your candidates when working on your clients’ sites and systems.
Umbrella Employment
Our umbrella solution employs your candidates on an overarching employment contract to cover all their assignments and affords them the rights that employees are legally entitled to. Their pay is subject to PAYE as employment income, submitted to HMRC via Real Time Information (RTI) and taxes always paid without delay
Tax
Our payment processing system is designed specifically for Umbrella and CIS payment processing and effortlessly and accurately handles PAYE, National Insurance and CIS deductions ensuring that the the correct details are calculated and submitted to HMRC via RTI.
Pension
An auto-enrolment workplace pension scheme is in place for all eligible employees engaged via our Umbrella employment model.
Holiday Pay:
Umbrella employees receive at least 5.6 weeks (28 days) paid leave each year. We make a provision for paid leave each time we calculate pay, and your candidates are able to claim that amount whenever they take time off during the year. Your candidates can opt for their holiday pay to be advanced to them alongside their pay each week if they prefer. It’s their choice.
Agency Workers Regulations (AWR):
We have processes in place to make sure we, you and your client all comply obligations under AWR and that all in-scope agency workers are afforded their rights under the regulations.
Data
Our systems, processes and approach to data security have all been built using “privacy by design” and GDPR data protection principles, meaning that your candidates’ personal data is safe and secure.
CIS self-employment
Subject to an assessment, genuinely self-employed sub-contractors are engaged on a contract for services.