Agencies Retain Margin by using PAY or the all new PAY Lite

Following ePayMe's hybrid solution PAY+ today sees the launch of a modified version aimed at contractors and recruitment agencies working within the sectors that pay close to the NMW. PAY+ Lite still provides guaranteed net pay as if contractors were on PAYE yet helps recruitment agencies retain a bottom line margin.

Managing Director of ePayMe, Andy Johnston said:

• "Having worked with such a diverse number of recruitment agencies within almost every sector, we quickly found that PAY+ provides a formidable solution to those paying in excess of £8 per hour. However, many lower paid contractors closer to national minimum wage were not pulling the full financial gain from PAY+.
• "After remodeling our current product to support our clients we are very pleased to announce the launch of PAY+ Lite, which is proving yet again to set new standards within the Temporary Working Agencies."

PAY+ & PAY+ Lite are designed as an alternative offering to candidates between internal PAYE (saving recruitment agencies the Employers NI) and a traditional Umbrella where recruitment agencies would normally increase the hourly rate to support the Employers NI and Management Fee's.

PAY+ & PAY+ Lite can save both of these, delivering an additional bottom line margin to recruitment agencies.