All umbrella companies deduct a weekly margin for the purpose of processing your agency pay. Don’t be fooled by offers such as a zero margin or even the temptation to use a provider offering you a 90% take home scheme. These are not possible and would very likely get you into all sorts of problems with HM Revenue & Customs.
The margin or company overhead is commonly charged to you as a fixed weekly amount or in some cases it is a % deduction with a maximum cap, based on your weekly gross agency rate. The margin is incorporated within your agreed agency rate of pay.
When you are looking at providers, a saving of £1 per week may look good but may very well cause you more money in the long run. Will you be stuck on hold for 10 minutes during your only break of the day before you can speak to someone or send an email and have no response for days.
If your Tax Code looks incorrect, your pay rate is wrong or you just want to talk to someone to go through your payslip and explain your pay, do you really want to waste your valuable time on hold? We do not have automated phone systems and queries are always dealt with quickly and efficiently.
What additional benefits do other umbrella companies provide? Do you get enrolled into a free reward scheme saving you money on the high street or paying for your daily coffee, do they offer you options for receiving your payslip and different ways to register to suit you? Your small saving during the year may not end up being a saving in the end, your time is more valuable.
Look at genuine reviews for the actual processing of your pay through outlets such as offpayroll or ask your consultant who they recommend based on the feedback from other workers.
Our weekly margins vary depending on the agency you are on assignment through and will depend on the commercial agreement we have with them. However, if you take advantage of our referral scheme, you could have your pay processed all year long for free*.
Please contact our customer service team who can go through our services and the options specific to you on 01252 863700 or click here for a callback.
Should you work through a non-preferred agency or are an agency wishing to utilise our payroll services, please call us on 01252 863700 to discuss working with, or becoming a preferred partner. Please note, standard margins apply where you fall outside of certain variances, such as assignment or you have left and re-joined. All margins are based on factors such as preferred agencies we work with and are subject to change depending on volume and frequency.
If you have any questions or need any help with becoming a freelance contract worker through ePayMe, then please do not hesitate to contact us.
Accredited and regulated by Professional Passport, Business Partner of The REC and members of the Professional Body APSCo. Our payroll software is verified and on the list approved by HM Revenue & Customs.
Our referral scheme is activated when a worker you have referred registers and is payrolled with a margin applied*