Wanted to know about umbrella companies.... - Contractor UK Bulletin Board

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RichardCranium replied

15 January 2010, 13:38
The Guide to Umbrella Companies on here says:

A reputable umbrella company should not charge you according to what you earn. There is no more work involved, for the umbrella company, if you earn £50 per day or £500 per day. If you are quoted a percentage of your earnings as a fee you should ensure, through careful calculation, that you will still be paying a reasonable amount – average fees are between £15 and £25 per week.
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Hex replied

15 January 2010, 12:39
Some of them do charge a fixed fee. Like you say - it doesn't make any sense paying one on a percentage basis IMHO unless you earn a low amount.

The cost to them of providing their service won't be more if you earn more.
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Julius Caesar started a topic Wanted to know about umbrella companies....

14 January 2010, 15:57
Wanted to know about umbrella companies....

Why do they charge a percentage? Why not a fixed fee for a fixed amount of work?
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