Whilst the recruitment industry is a good barometer for the economy in general and is affected by Brexit and GPDPR, like all other sectors, recruiters will face some very specific risks in the coming year. IR35 was a major concern throughout 2018 and we now know that the changes will be introduced to the private sector in April 2020. We have already seen recruiters looking at workarounds, as pressure from hirers intensifies throughout 2019.
With possible changes to regulations in the payroll sector, following the Taylor review of modern working practices, agencies should really be looking at partnering with reputable providers such as ePayMe, who are Professional Passport, CIPP and APSCo affiliated and approved.
ePayMe use Jelf for insurances and have done so for many years. We would recommend that you check your providers to ensure adequate cover, along with their accreditation when carrying out compliance audits and reviews. We highly recommend watching this video where Peter Stoll talks about the risks facing the recruitment sector and if you are thinking of insurances this year, you should definitely get in contact with them.
If you are looking for a new payroll provider or wanting to add an additional provider to your Preferred Suppliers List, please contact us today on 01252 863700 for a chat about our services.