In the rapidly changing employment landscape, the choice of payroll software by umbrella companies stands as a pivotal decision impacting the entire recruitment ecosystem. Sebastien Sauca and Killian Fitzsimmons-Wilson highlight the critical nature of this choice, emphasising not just the operational efficiency but also the compliance and reliability it brings. This selection goes beyond mere functionality; it's about ensuring accuracy, meeting regulatory demands, and safeguarding relationships with recruitment agencies and workers alike. As recruitment agencies navigate a complex legislative framework, the software's ability to handle payroll accurately and comply with laws becomes a key factor in maintaining trust and avoiding financial or legal repercussions. The movement towards compliance-focused payroll solutions signifies a broader commitment to transparency, legal adherence, and the protection of all parties in the recruitment process, underscoring the strategic importance of payroll software in building a trustworthy recruitment infrastructure.
Kwasi Kwarteng, the Chancellor of the Exchequer, announced the repeal of the 2017 (public sector) and 2021 (private sector) IR35 reforms. Contractors exulted after this announcement, but what does it mean for your Temporary Staffing Agency?
Rhys Thomas, Managing Director at WTT Legal & Sebastien Sauca, CEO at SafeRec, answer key questions that many recruitment agencies have been asking since the news hit.
SafeRec and WTT have launched a comprehensive service that combines technology and expert legal advice from a regulated law firm, to not only protect your business but also your entire supply chain, in real-time.
If you follow news around Umbrella Companies, you know that the past 6 months have been hit by more revelations and scandals than ever before.
Unlimited fines, Liability for agencies and hirers, detrimental impact to agency’s valuation… Rhys Thomas, Managing Director at WTT Group and Sebastien Sauca, CEO at SafeRec, provide insights that all Senior Managers or Business Owners must know about the impact of payroll non-compliance.
"With the uncertainty around Brexit and IR35 – and companies like HSBC imposing blanket bans on contractors – the fact that demand has still risen shows just how healthy the sector is.”