One year contract on PAYE?

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cojak replied

22 June 2013, 06:42
There's £100pd less in it for you and a £75pd saving for the client (+£25 for the pimp).
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trumpet replied

21 June 2013, 23:12
Originally posted by doodab View Post

Did you actually work 260 days last year?

I did 245 and then they extended my contract another three weeks to use up the remainder of the pot.
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Zippy replied

21 June 2013, 18:30
Originally posted by bless 'em all View Post

As an EMPLOYEE you'll get holidays, sick pay etc.

Possibly, after a qualifying period (I'd guess about a year).Plus you'll get to do lots of unpaid overtime, won't have the hassle of claiming expenses AND you get to meet those lovely ladies in HR.
Oh - and fook all money.
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doodab replied

21 June 2013, 17:41
Originally posted by trumpet View Post

I'm coming to the end of my first contract which was a 1 year deal on a day rate and under an umbrella company.

Recently I was offered a new 1 year contract but the spec sheet doesn't have a day rate, instead it says "XX,XXX on PAYE". Does this mean I'm effectively on the payroll, i.e. a permi for a year?

The pay is significantly less than on my last contract - when broken down into 260 days, it works out at about 100 quid less per day.

Is there some sort of benefit to this arrangement I am not seeing? Or is this just a bad deal?

Did you actually work 260 days last year?
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bless 'em all replied

21 June 2013, 17:22
Originally posted by trumpet View Post

I'm coming to the end of my first contract which was 1 year deal on a day rate and under and umbrella company.

Recently I was offered a new 1 year contract but the spec sheet doesn't have a day rate, instead it says "XX,XXX on PAYE". Does this mean I'm effectively on the payroll, i.e. a permi for a year?

The pay is significantly less than on my last contract - when broken down into 260 days, it works out at about 100 quid less per day.

Is there some benefits to this arrangement I am not seeing? Or is this just a bad deal?

As an EMPLOYEE you'll get holidays, sick pay etc.

Take the gig, get a sick note. Sorted.
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trumpet started a topic One year contract on PAYE?

21 June 2013, 17:21
One year contract on PAYE?

I'm coming to the end of my first contract which was a 1 year deal on a day rate and under an umbrella company.

Recently I was offered a new 1 year contract but the spec sheet doesn't have a day rate, instead it says "XX,XXX on PAYE". Does this mean I'm effectively on the payroll, i.e. a permi for a year?

The pay is significantly less than on my last contract - when broken down into 260 days, it works out at about 100 quid less per day.

Is there some sort of benefit to this arrangement I am not seeing? Or is this just a bad deal?

Last edited by trumpet; 21 June 2013, 17:23.
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