Contractor Co-op umbrella company gain approval from Professional Passport.
First co-operative provider meets high standard.
The Contractor Co-op has been recognised as an Approved Provider by the independent professional membership organisation Professional Passport. “We were attracted to the principles and independence of Professional Passport, which in many ways mirror our own working practices and the fact that this allowed them to provide a clear and unbiased appraisal of our umbrella provision,” explained Chris Mattingly, CEO, The Contractor Co-op.
The business is the first and only umbrella company in the UK market that is a worker co-operative and member of Co-operatives UK. The business is 100% dedicated to compliance, service and efficiency. The company has appreciated the rigorous auditing process provided by Professional Passport which clearly gives external verification of the business’ standards and gives recruiters who enter into contracts with the Contractor Co-op the added security of the organisation’s £5 million debt transfer liability insurance.
Crawford Temple, managing director, Professional Passport said: “Professional Passport look forward to working with The Contractor Co-op and are pleased to be involved with the first worker co-operative in the UK umbrella market.”
The Contractor Co-op is fully committed to the co-operative values and principles to ensure that everything it does benefits members, customers and the wider business community. In addition to being approved by Professional Passport and being a member of Co-operatives UK, the Contractor Co-operative is affiliated with the WTT Group which has a deep knowledge of the contractor sector and its challenges.
“I am proud to be connected with the Contractor Co-op,” said Graham Webber, director of Tax at WTT Consulting. “In a world which has undergone a period of unprecedented change in both working practices and legislation, the Contractor Co-op provides a way for contractors to come together, learn together, pull in a single direction and begin to take more control of the regulatory, legal and commercial environment in which they work. This will be good for all involved; contractors, agencies, recruiters and end clients as what is right and compliant for one is right and compliant for all.”