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Adhering Selection of Payroll Models

Comprehensive Range of Payroll Solutions for Agencies

Eternity Recruiting Ltd presents a comprehensive range of outsourced payroll options, offering agencies a versatile solution that caters to the diverse requirements of both their contractors and end-user clients. Recognizing the dynamic growth and evolution of the contracting sector, we acknowledge the emergence of various payroll models tailored to the complexities of different sectors, industries, and employment arrangements. Our business proposition emphasizes providing agencies with an all-encompassing ‘one-stop shop’ facility to streamline every aspect of the outsourced payroll process.

Our fully accredited payroll solutions encompass standard umbrella, PAYE, and joint employment models. Additionally, we extend a complete suite of financial and accounting services tailored for self-employed contractors operating through their own limited companies.

Standardized Umbrella

Continuing to be the favored and uncomplicated payroll model in the industry, our umbrella offering grants contractors the full advantages of an employed solution, encompassing all employment rights and statutory entitlements. Opting for Eternity Recruiting Ltd to handle their payroll absolves agencies of any risk or liability, as we take on the role of the contractor's employer. The administration is straightforward for agencies, requiring timely submission of timesheets and data files to guarantee accurate and punctual payments for all contractors, consistently.

Collaborative Employment Models

The growing intricacy of supply chain configurations across diverse sectors has contributed to the rising prevalence of what are commonly known as Joint Employment arrangements. In such setups, responsibilities for the contractor are distributed between Eternity Recruiting Ltd, the recruitment agency, or the end-user client. This model is notably widespread in the health and social care sectors, providing flexibility to all involved entities while ensuring comprehensive employment rights and entitlements for the worker.

Standard PAYE Employment

Adopting the structure of a payroll bureau, our PAYE model offers a user-friendly administration process and presents agencies with a clear-cut solution that is preferred by numerous end-user clients. Contractors enjoy complete employment rights and are eligible for all statutory benefits, encompassing sick and maternity/paternity pay, along with the flexibility to choose holiday pay and pension options. Distinct from the umbrella model, in the PAYE model, contractors are considered "employed" solely for the duration of their assignment.

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