PEO
A simple alternative to the traditional umbrella arrangement of umbrella assignment rate - minus employment costs and margin = candidates gross pay.
With Payshield PEO, the agency confirms an hourly or daily rate payable to the candidate as their gross pay. Candidates are then paid based on that gross pay figure. All umbrella employment costs and the umbrella margin are invoiced to the agency separately, rather than agency paying the umbrella an all-encompassing "Umbrella Rate" or "Assignment Rate"
Our PEO solution provides the same employment rights and benefits as your umbrella candidates however your PEO candidates will receive a straightforward and traditional style payslip starting from their gross pay, with no confusion over umbrella employment costs and margins to worry about.
Proven to generate far fewer calls from candidates struggling to understand their umbrella pay documents.
Nice and straightforward!
If you'd like to speak to us about Umbrella, PEO, CIS or Outsourced Payroll, call us on 020 4591 5007 or click the link below and we'll be in touch right away.
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