Tailored Selection of Payroll Models for Temp Staffing Agencies.

Comprehensive Range of Payroll Solutions for Agencies

Extensive Recruits Ltd offers a diverse selection of outsourced payroll options, providing agencies with a flexible solution to meet the varied needs of their contractors and end-user clients. Understanding the evolving nature of the contracting sector, we recognise the emergence of tailored payroll models for different industries and arrangements. Our approach focuses on providing agencies with a comprehensive solution to streamline the entire outsourced payroll process.

We provide fully accredited payroll solutions, including standard umbrella, PAYE, and joint employment models. Additionally, we offer a comprehensive suite of financial and accounting services tailored for self-employed contractors who operate through their own limited companies.

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Standardized Umbrella

Remaining the preferred and straightforward payroll model in the industry, our umbrella solution provides contractors with the complete benefits of employment, including all employment rights and statutory entitlements. Opting for Extensive Recruits Ltd to manage their payroll relieves agencies from any risk or liability, as we assume the role of the contractor's employer. The process is streamlined for agencies, necessitating the timely submission of timesheets and data files to ensure accurate and prompt payments to all contractors, without fail.

Collaborative Employment Models

The increasing complexity of supply chain structures across various sectors has led to the growing popularity of what are commonly referred to as Joint Employment agreements. In these arrangements, the responsibilities of the contractor are shared among Extensive Recruits Ltd, the recruitment agency, or the end-client. This model is particularly prevalent in the health and social care sectors, offering flexibility to all parties involved while guaranteeing full employment rights and benefits for the worker.

Standard PAYE Employment

Employing the framework of a payroll bureau, our PAYE model provides an easy-to-manage administrative process and offers agencies a straightforward solution favored by many end clients. Contractors receive full employment rights and qualify for all statutory benefits, including sick pay, maternity/paternity leave, as well as the choice of holiday pay and pension contributions. Unlike the umbrella model, in the PAYE setup, contractors are regarded as "employed" only for the period of their assignment.

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