Payroll Options2020-05-14T15:47:23+01:00

People Group – Payroll Options

People Group Services offer a range of payroll options designed to deliver the best contractor experience for a range of different industries and roles. Imparting our years of knowledge and experience, we work with our agency partners to help create efficiencies and support their business growth.

We’ve processed over 10 million contractor payslips and have led the way on industry best practice and compliance for the past 15 years. So, we understand the world of contracting; the big strategic challenges and the day-to-day recruiter and contractor frustrations.

View our suite of products below and contact us if you have any questions.

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My Wallet employee benefits; making pay more rewarding. From discounts on big name brands to free career development courses.

The full My Wallet benefits package is available as part of our payroll options where you see this symbol.

What are you looking for?

People PEO

Ideal for contractors working across a wide range of industries.

People PEO is based on the popular US Professional Employment Organisation model and is one of the simplest and most rewarding options for contractors and agencies alike.

It’s PAYE, the standard method of payment for employees in the UK but without the complications of Umbrella. Being the simplest method of payment, it is often a popular and straightforward choice for contractors, where available.

When you are paid via PEO the only deductions from your payment will be for tax, National Insurance and Pension (if you are enrolled). No fee, no employer deductions, straightforward and simple. Payday is Friday before 9am and all pay details and benefits are available through your online portal.

Not all agencies will be able to offer you PEO, but you should ask the question. We know that PEO is a better, more transparent and rewarding option for all.

All tax contributions paid at source

Full benefits package

Plain and simple PAYE

Contractor portal

Agency cash flow savings

Free for contractors

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Download our leaflet

What is a PEO?

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People Umbrella

Suitable for all types of industries.

Working through our umbrella solution is very simple. Once you are registered your agency will send us your pay details each week for processing. Payment is one week in arrears and made to you by 9am each Friday.

People Umbrella Ltd will become your employer and you’ll have a contract of employment with us which you’ll need to agree via your online portal once you have signed up.

Generally, you’ll complete your timesheet with the agency although sometimes these are sent direct to us. All taxes and national insurance will be deducted automatically and if you are part of the pension scheme this will also be shown as a deduction on your payslip.

When you are paid via an umbrella company your rate of pay would usually be increased by your agency to take account of additional Employer deductions that will show on your payslip.

All tax contributions paid at source

All tax contributions paid at source

Professional insurances

Contractor portal

Statutory payments

Work based pension & holiday pay

Register now
Download our leaflet

People CIS

Suitable for those working self-employed in the construction industry.

People CIS takes away all the burdens of administration and paperwork to allow our self-employed workers to simply get on with their contract role.

Construction Industry Scheme or CIS as it’s more commonly referred to, is a service launched by HMRC for genuinely self-employed workers working within construction.

Making life very simple for you, we invoice the agency or end clients on your behalf, produce your pay advice and pay you directly.  All CIS taxes deducted are submitted and paid over to HMRC for you.

If you need to register for CIS, or have any general questions relating to your registration you can contact HMRC’s dedicated team on 0300 200 3210. You’ll still need to complete your self-assessment tax return at the end of the year.

All tax contributions paid at source

Full benefits package

Contractor portal

Professional insurances

Guaranteed income

Gross status

Register now
Download our leaflet

People PSC

Suitable for high earners who are not under any supervision,
direction or control.

Contracting through your own Limited Company is often the most tax efficient payment vehicle available to higher earners. If you fall outside of IR35 and SDC regulations, People PSC can be the preferred option to maximise your take-home pay while remaining fully compliant.

As Ltd Company Director, you will usually need to hire an accountant to assist in the set up and administration of the company. People PSC can provide a full accounts service along with support and advice every step of the way.

People PSC will pro-actively monitor and assist your Limited Company with any financial opportunities and offer guidance on legislation and compliance. Whether you currently have an established Limited company or are new to contracting, we can offer a total accounts service.

All tax contributions paid at source

24/7 easy to use portal

FREE company registration

FREE self-assessment

Low cost fixed monthly fee

Full accountancy support & advice

Register now

My Wallet Employee Benefits

Making pay more rewarding

If you sign up with People Group you’ll get access to one of the best benefits packages available to contractors.

My Wallet is a points based rewards scheme where you earn points every time you are paid. Points can be redeemed for the benefits that you want, be it professional development courses, our popular Taste Cards, rebates on shopping or even cash in your pay.

Along with a weekly contribution into a loyalty fund, paid out as a bonus in December*, you’ll also receive discounts and savings on fitness, family activities and holidays. The Anytime Wages service gives contractors the facility to have some of their wages before pay day. Available 24 hours a day, 7 days a week, funds are typically paid within the hour*.

The full My Wallet benefits package is available alongside our payroll options where you see this symbol:

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Download our leaflet

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Learn more about how People can help you transform your contractor experience.

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News

The Impending Challenge

1 June 2020|

As you know, paying contractors is at the very heart of what we do. More than most, we have shone the light for umbrella payroll providers over the past few months