Guide to your payment and payslip

Your payslip with us may not look like other payslips you have received previously. Why you may ask? Well, in answer to that >> as part of our ongoing commitment to always be clear and transparent in everything we do, included on your payslip (which is the second half of the summary), there is a separate summary at the top which is for information purposes only! As you know, we are your employer and we are paid an agreed rate by the agency. Once our company cost have been met (including liability for Employers National Insurance), the balance available is paid to you as wages, potentially holiday entitlement, pension contributions and where allowable – any legitimate tax free expenses. Whilst we do not have to confirm the information about what we received from our client (the agency), we feel this is important so that you can always see what money is received, what we received from this and what goes in tax etc. and this is what this document does.

We have included an example payslip for you below detailing the various parts of information for your reference.

Section 1 >> “Company Receipts and Costs Information” this is form information only and is the first part of the summary and is not part of your payslip.

A “Company Receipts” this shows you the amount received by us from the Agency.
B “Company Overheads and Costs” these are costs to the company, including Employers National Insurance payable by us as your employer, any employer pension contribution. It also includes our profit margin.
C “Client Name” simply confirms the name of our agency client.

Section 2 >> “Employee Payslip” lower section of the document and is a standard employee pay slip and confirms the payment that you receive from us.

A “Employee Payments” confirms the amount contractually agreed to pay to you and is due to you.
B “Payment Processed” the amount of your total payment which is your net pay, along with any discretionary expenses and any other payments due. It will also confirm any deductions (such as a sub / advance of pay) and the “Total” will be the amount you receive in your bank.

C “This Period” and “Year to Date” this part provide confirmation of the current week payment and a running total in the “Year to Date” section.