I've just graduated and have been offered a contract job with a leading company in their sector. I've never contracted before and am currently reading the advice on this forum. I don't intend contracting in the future as I'd rather have employment status or be fully freelance. Given my field, employment is the most likely direction. The recruitment agency in question have an approved list of umbrella companies and won't expand it (I've asked, specifically about Contractor Umbrella) as they say they have a month long process to work through including site visits etc. Their approved list of umbrella companies is:
Parasol
Orange Genie
Eden
Liberty Bishop
Giant
I know it's easy for there to be negative reviews about any company in any space. It's hard to get a picture at this stage other than to say I've seen a lot of bad experiences about Parasol and a few about Orange Genie and Giant. What i'd like to get a picture of is which are the most reliable of these companies. Does anyone have any perspective on that? The most reliable and trustworthy option is what I'm looking for really.
Technically, I know that a limited company is a better long term option. However, given that I doubt I'll be pursuing a contract based career, I doubt that this direction is good for me. Having to bear all the year one costs of setting up a limited company only to wind it up again later, most likely, is unappealing and research so far suggests I'd be worse off.
If anyone has any thoughts on the companies above, which one's the most reliable and trustworthy, then I'd appreciate it. Thanks!
Parasol
Orange Genie
Eden
Liberty Bishop
Giant
I know it's easy for there to be negative reviews about any company in any space. It's hard to get a picture at this stage other than to say I've seen a lot of bad experiences about Parasol and a few about Orange Genie and Giant. What i'd like to get a picture of is which are the most reliable of these companies. Does anyone have any perspective on that? The most reliable and trustworthy option is what I'm looking for really.
Technically, I know that a limited company is a better long term option. However, given that I doubt I'll be pursuing a contract based career, I doubt that this direction is good for me. Having to bear all the year one costs of setting up a limited company only to wind it up again later, most likely, is unappealing and research so far suggests I'd be worse off.
If anyone has any thoughts on the companies above, which one's the most reliable and trustworthy, then I'd appreciate it. Thanks!
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