Originally posted by Andy Hallett
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Reply to: Recruitment Agency Umbrella PSL's
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Previously on "Recruitment Agency Umbrella PSL's"
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Originally posted by SimonMac View Post
I've been in this situation twice:- One where I was told to pick from a list of six, I said can I use my own they said yes
- One where I was told you have to use this single umbrella company, I said no and walked
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Originally posted by ladymuck View PostI think it depends on how limitng the PSL is.
If it's "anyone FCSA* registered" then, whilst not perfect, it does allow some decent options. If it's just "these three companies" then I'm less inclined to think it's a good idea.
Having a PSL for umbrellas is nothing like having a PSL for stationery or car hire or hotels. The financial risk lies with the contractor and the agency doesn't, happy to be corrected, have any duty of care to ensure that the contractor isn't being an idiot with their money.
*Or is it FSCA, I always get it mixed up- One where I was told to pick from a list of six, I said can I use my own they said yes
- One where I was told you have to use this single umbrella company, I said no and walked
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I ran an Approved Supplier List since the Finance Act 2007 was introduced. I believe it still exists.- It helped protect us (and workers) from any MSC liability
- Protected contractors from getting hooked up on the 85% schemes
- Stopped the squabbling from brollies trying to develop business with individual consultants.
50 signatures out of 4.3m flexible workers in the UK probably gives you an idea of what an insignificant issue this is.
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Originally posted by ladymuck View PostI think it depends on how limitng the PSL is.
If it's "anyone FCSA* registered" then, whilst not perfect, it does allow some decent options. If it's just "these three companies" then I'm less inclined to think it's a good idea.
Having a PSL for umbrellas is nothing like having a PSL for stationery or car hire or hotels. The financial risk lies with the contractor and the agency doesn't, happy to be corrected, have any duty of care to ensure that the contractor isn't being an idiot with their money.
*Or is it FSCA, I always get it mixed up
mini umbrella firms make most of their “profit” via VAT fraud and that would be recovered from an agency with menace by customs..
So it’s not true that the risk of fraud sits with the worker - it doesn’tLast edited by eek; 25 May 2022, 20:13.
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I think it depends on how limitng the PSL is.
If it's "anyone FCSA* registered" then, whilst not perfect, it does allow some decent options. If it's just "these three companies" then I'm less inclined to think it's a good idea.
Having a PSL for umbrellas is nothing like having a PSL for stationery or car hire or hotels. The financial risk lies with the contractor and the agency doesn't, happy to be corrected, have any duty of care to ensure that the contractor isn't being an idiot with their money.
*Or is it FSCA, I always get it mixed up
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Recruitment Agency Umbrella PSL's
https://www.contractoruk.com/news/00...ning_quit.html
Useful to see both sides here......This has been discussed many times by others who want to use their own.
Surely PSL's help limit the dodgy pay schemes ? or is it restrictive practices to choose your employer and they should say if they are getting kick backs.
I think agencies should be transparent about how their PSL is put together and any payments.
There is even a petition https://www.change.org/p/allow-contr...pany-they-want
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