Welcome to your October newsletter for contractors!
Planning for the future always plays on the mind as a contractor.
A key step in securing your financial wellbeing in the long run is understanding pension auto-enrolment.
Pension auto-enrolment is a government initiative aimed at encouraging more people to save for retirement.
As an umbrella contractor, it means you will automatically be enrolled into a pension scheme if you meet the eligibility criteria. To be eligible, you’ll need to be: - Aged between 22 and State Pension age - Earn over £10,000 per year - Working in the UK
We’re dedicated to ensuring that you are well-informed and confident about your pension options.
Read more about pension auto-enrolment on our blog.
Unlocking exclusive benefits for contractors
On average, Fair Pay Services umbrella employees save up to £1,500 per year through cashback opportunities and vouchers. These savings can make a huge difference, allowing you to enjoy more while working smarter.
How umbrella companies work
Umbrella companies make their money by charging out their employees at a profit. In other words, they charge their customer more for your work than they pay you as their employee. By doing this, they allow the agency/client to outsource the cost, risk and work of employment, and they allow you to benefit from all the rights, protections and benefits of being employed, while still enjoying the freedom and flexibility of contracting.
Contact Us
01604 360222 | fairpayservices.co.uk
Vulcan Works, 34-38 Guildhall Road, Northampton, Northamptonshire, NN1 1EW