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Diverse Payroll Models
for Temp Agencies
Versatile Payroll Solutions for Agencies
Best Way Recruiting Ltd presents an extensive range of outsourced payroll options, catering to the diverse needs of agencies, contractors, and end-user clients. With an understanding of the evolving contracting sector, we offer various payroll models tailored to different industries and employment arrangements. Our goal is to provide agencies with a comprehensive solution to streamline the payroll process effectively.
We provide fully accredited payroll solutions, including standard umbrella, PAYE, and joint employment models. Additionally, we offer a complete suite of financial and accounting services tailored for self-employed contractors operating through their own limited companies.
Standardised Umbrella Model
Remaining the preferred and streamlined payroll model in the industry, our umbrella solution grants contractors the full spectrum of employment benefits, encompassing all rights and statutory entitlements. Opting for Best Way Recruiting Ltd to oversee their payroll alleviates agencies from any risk or liability, as we undertake the role of the contractor's employer. The process is simplified for agencies, requiring timely submission of timesheets and data files to guarantee precise and punctual payments to all contractors, without exception.
Collaborative Employment Structures
The rising intricacy of supply chain structures across diverse industries has spurred the increasing adoption of what are often termed Joint Employment agreements. In these arrangements, the contractor's responsibilities are divided among Best Way Recruiting Ltd, the recruitment agency, or the end client. This model is especially widespread in the health and social care sectors, providing flexibility to all involved parties while ensuring comprehensive employment rights and benefits for the worker.
Conventional PAYE Employment Framework
Employing a payroll bureau framework, our PAYE model offers a straightforward administrative process, preferred by numerous end clients and agencies alike. Contractors benefit from full employment rights and eligibility for all statutory benefits, including sick pay and maternity/paternity leave, alongside options for holiday pay and pension contributions. Unlike the umbrella model, in the PAYE arrangement, contractors are considered "employed" solely for the duration of their assignment.