Originally posted by eek
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Reply to: Umbrella fees
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Previously on "Umbrella fees"
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Originally posted by philgo View PostI'm not getting confused at all eek. I'm just asking if there is a standard practice and/or feedback from people working with Brollys.
From answers, it doesn't look like that there is one unique clear answer. Not surprising anyway
Yes timesheet frequency is not automatically linked to payment frequency. So agree no discussions here but he shouldn't be my problem anyway.
My contract with brolly is mentioning weekly payment versus I am paid monthly. Where else should I check payment frequency?
Brolly told me I would be charged weekly but I'm charged monthly. Where should I check that? Only proof I have is introductory email.
If I take 2 weeks off they told me they would still charged me the monthly fee. Is that common practice and fair?
Thanks
If the agency pays monthly, the umbrella should be paying you monthly and charging the monthly fee (which is lower than weekly fees because more work).
Seems unlikely the umbrella will get paid monthly but pay you weekly.
Get the agency to sort it out with the umbrella.
Meanwhile, if they have an online portal check the contract set up there or review any other docs they sent to you. The initial illustrations mean very little as far as the umbrella is concerned.
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I'm not getting confused at all eek. I'm just asking if there is a standard practice and/or feedback from people working with Brollys.
From answers, it doesn't look like that there is one unique clear answer. Not surprising anyway
Yes timesheet frequency is not automatically linked to payment frequency. So agree no discussions here but he shouldn't be my problem anyway.
My contract with brolly is mentioning weekly payment versus I am paid monthly. Where else should I check payment frequency?
Brolly told me I would be charged weekly but I'm charged monthly. Where should I check that? Only proof I have is introductory email.
If I take 2 weeks off they told me they would still charged me the monthly fee. Is that common practice and fair?
Thanks
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As Eek said the timesheet frequency may not reflect the payment frequency, one of the larger agencies also does weekly timesheets but 30 days in arrears, so that adds more confusion. As for what is charged that is down to the umbrella company, they will have standard weekly or monthly margins, but ask them how it will work if you only work 2 weeks in 4 and see what they say! We only charge based on the weeks worked.
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I think the OP is getting confused between timesheets and invoicing.
A lot of companies will insist on weekly timesheets (especially on hourly rates) as it's hard to forget what people were doing earlier that week where monthly timesheets can have "memory" issues
The Invoicing and payment schedule will determine what the fee is
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Originally posted by philgo View PostThank you for sharing - had a look at my contract with Sapphire and that's the same as yours (weekly in arrears). But does it automatically mean that the fee should be also charged weekly? And I'm paid monthly not weekly actually...
Either way, the umbrella fee will come out of each payslip, i.e. weekly or monthly.
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Originally posted by hobnob View Post
NLUK is correct. I worked through Sapphire a few years ago, and they sent me a document to sign digitally (via Signable). This document included an employment contract, from page 3 onwards; your documentation might be different, but have a look through and you should find something.
Looking at my contract, section 5 was Remuneration. In particular:
"5.2. The Employee shall keep a timesheet record of the hours spent performing the Services. The timesheet must show the number of hours the Employee has worked each day and be signed by both the Employee and the Client. The Employee must submit a copy of each timesheet to the Company. The Employee can only claim payments for hours worked that are supported by correctly completed and authorised timesheets. Original timesheets must be forwarded to the Customer.
5.3. Payment will be made weekly in arrears directly into your nominated bank account on Friday of each week in respect of the hours worked during the preceding week, subject to deduction of income Tax and National Insurance."
Again, it might be a bit different for you, but it should be in there somewhere.
Thank you for sharing - had a look at my contract with Sapphire and that's the same as yours (weekly in arrears). But does it automatically mean that the fee should be also charged weekly? And I'm paid monthly not weekly actually...
5.3. The Employee shall keep a timesheet record of the hours spent performing the Services. The timesheet must show the number of hours
the Employee has worked each day and be signed by both the Employee and the Client. The Employee must submit a copy of each timesheet
to the Company. The Employee can only claim payments for hours worked that are supported by correctly completed and authorised
timesheets. Original timesheets must be forwarded to the Customer.
5.4. Payment will be made weekly in arrears directly into your nominated bank account on Friday of each week in respect of the hours worked
during the preceding week, subject to deduction of income Tax and National Insurance.
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Originally posted by northernladuk View PostIt should be reflected in your payment schedule with the Umbrella.
Looking at my contract, section 5 was Remuneration. In particular:
"5.2. The Employee shall keep a timesheet record of the hours spent performing the Services. The timesheet must show the number of hours the Employee has worked each day and be signed by both the Employee and the Client. The Employee must submit a copy of each timesheet to the Company. The Employee can only claim payments for hours worked that are supported by correctly completed and authorised timesheets. Original timesheets must be forwarded to the Customer.
5.3. Payment will be made weekly in arrears directly into your nominated bank account on Friday of each week in respect of the hours worked during the preceding week, subject to deduction of income Tax and National Insurance."
Again, it might be a bit different for you, but it should be in there somewhere.
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Originally posted by philgo View PostYep indeed so I need to check billing schedule with the agency. All I know is that I'm doing weekly time sheet against client and agency but it doesn't mean that the the agency pay the umbrella weekly....I'm assuming monthly but will check that.
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Yep indeed so I need to check billing schedule with the agency. All I know is that I'm doing weekly time sheet against client and agency but it doesn't mean that the the agency pay the umbrella weekly....I'm assuming monthly but will check that.
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Yep, all down to the agency or end clients billing schedule. If they are paying weekly to the brolly, then you will be paid weekly, if they are paid monthly, you are paid monthly.
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Originally posted by philgo View PostHave already asked them but it's very unclear....umbrella transparency...;(
Was initially told that I would be charged weekly and now they are saying it's monthly.
So just wanted feedback from other guys really.
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Have already asked them but it's very unclear....umbrella transparency...;(
Was initially told that I would be charged weekly and now they are saying it's monthly.
So just wanted feedback from other guys really.
Leave a comment:
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Originally posted by philgo View PostSo I have started a new gig inside IR 35 with Sapphire as Umbrella company. Didn't have the possibility to chose my Umbrella.
1- Do you pay the fee weekly or monthly versus number of days worked over a month?
2- Are you charged when off on holidays?
What's the current practice? I am assuming that you pay the full charge whatever number of days you have worked in a month but would like to double check that with concrete feedback. Thanks
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Umbrella fees
So I have started a new gig inside IR 35 with Sapphire as Umbrella company. Didn't have the possibility to chose my Umbrella.
1- Do you pay the fee weekly or monthly versus number of days worked over a month?
2- Are you charged when off on holidays?
What's the current practice? I am assuming that you pay the full charge whatever number of days you have worked in a month but would like to double check that with concrete feedback. Thanks
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