The cost and associated resources involved in running an efficient and reliable payroll can soon mount up. It takes a particular skill set, and for many businesses, including recruitment agencies, those costs can easily become a burden. It’s an involved and time-consuming task that takes you away from your core business. Larger businesses are able to maintain payroll departments, but if your business has less than around 30 employees it rarely makes financial sense.
An increasing number of recruitment agencies are seeing the benefits of outsourcing their payroll management to an umbrella company.
Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.