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Paystream Margin Increase

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    Paystream Margin Increase

    Had a email notification from paystream

    In June 2020 we reviewed our standard margin, however it appears that your account was not brought in line with our changes.

    Given this, the next payment you receive after 12th October will be processed at the £23.50 standard margin, the likely net effect of this change to you will be £2.10.

    a co worker did not get this and his margin seems different to mine?

    any others out there who can relate?

    #2
    Originally posted by bstar1 View Post
    a co worker did not get this and his margin seems different to mine?
    They may offer different margins to different agencies, just a thought.

    Comment


      #3
      Originally posted by bstar1 View Post
      Had a email notification from paystream

      In June 2020 we reviewed our standard margin, however it appears that your account was not brought in line with our changes.

      Given this, the next payment you receive after 12th October will be processed at the £23.50 standard margin, the likely net effect of this change to you will be £2.10.

      a co worker did not get this and his margin seems different to mine?

      any others out there who can relate?
      Been with them since the start of the year and the margin I'm charged is 22.50 and that is deducted before NI or PAYE so actually costs about £12 or £13. Not heard anything of any increase.

      Comment


        #4
        I am with paystream since April and I have been paying 23.50 per week

        Comment


          #5
          Originally posted by Andy2 View Post
          I am with paystream since April and I have been paying 23.50 per week
          Since March, £84 per monthly payslip

          Comment


            #6
            Paystream monthly margin

            Originally posted by Drei View Post
            Since March, £84 per monthly payslip
            Are you still paying £84 per month, for monthly payslips? They quoted me £97.50 to be paid monthly instead of weekly, with an additional £24 if I need them to process a salary sacrifice.

            Comment


              #7
              Still peanuts


              Sent from my iPhone using Contractor UK Forum

              Comment


                #8
                Originally posted by GhostofTarbera View Post
                Still peanuts


                Sent from my iPhone using Contractor UK Forum
                +1 - after tax is about £50...
                merely at clientco for the entertainment

                Comment


                  #9
                  Originally posted by eek View Post
                  +1 - after tax is about £50...
                  They probably Make a fiver profit at most


                  Sent from my iPhone using Contractor UK Forum

                  Comment


                    #10
                    Originally posted by GhostofTarbera View Post
                    They probably Make a fiver profit at most


                    Sent from my iPhone using Contractor UK Forum
                    It's more than a fiver but its very much a volume (and automation) game....
                    merely at clientco for the entertainment

                    Comment

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