• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Wanted to know about umbrella companies....

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Wanted to know about umbrella companies....

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

    #2
    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.

    Comment


      #3
      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.
      My all-time favourite Dilbert cartoon, this is: BTW, a Dumpster is a brand of skip, I think.

      Comment

      Working...
      X