Increasingly, companies are choosing to outsource essential functions within their business to both minimise fixed overheads and to improve their processes and procedures. This commercial trend is particularly true of the recruitment industry supply chain due to more stringent compliance regulations and employment legislation.
Temporary recruitment agencies, payroll intermediaries and end-user hirers are now obliged to prove that they manage and pay their contractors, temps and agency workers (let alone employees) in full accord with HMRC guidelines and run the risk of extensive fines for any acts of non-compliance. With this in mind, Pay2U has been structured to provide a transparent, ethical and compliant outsourced portfolio of payroll services to those entities active in the recruitment sector.
Our team of qualified staff have the skills and experience to manage all facets of the payroll process from initial enquiry through to actually paying the workers. Clients only have to provide us with the raw assignment data to enable Pay2U to generate schedules, calculate all payments and deductions, submit reports to HMRC and make timely and accurate payroll payments.
Pay2U already work with an array of umbrella companies, recruitment agencies and employers giving us the insights necessary to become a trusted partner in your business. Our long-standing client relationships are testament to Pay2U's expertise within the recruitment arena and highlight the wider benefits of outsourcing.