Introduction
This document sets out key information about your relationship with us and the intermediary or umbrella company used in your engagement, including details about pay, holiday entitlement and other benefits. Further information can be found at www.giantpay.co.uk
The Employment Agency Standards (EAS) Inspectorate is the government authority responsible for the enforcement of certain agency worker rights. You can raise a concern with them directly on 020 7215 5000 or through the Acas helpline on 0300 123 1100, Monday to Friday, 8am to 6pm.
| General Information - Example | |
|---|---|
| Name of Worker | Joe Bloggs |
| Name of Employment Business | Keystream Group Ltd |
| Name of Umbrella Company | Giant Professional Limited |
| Your Employer | Giant Professional Limited |
| Type of contract you will be engaged under | Permanent employment |
| Who will be responsible for paying you | Giant Professional Limited |
| Pay Intervals | Weekly |
| Umbrella Company Pay Information & Deductions | |
|---|---|
| Name of umbrella company | Giant Professional Limited |
| Any business connection between the intermediary or umbrella company, the employment business, and the person responsible for paying you | None |
| Expected or minimum gross rate of pay transferred to the intermediary or umbrella company from us | At £200 per day. |
| Deductions from umbrella income required by law | Employer's National Insurance; Apprenticeship Levy; Employer pension contributions at 4% of NMW if enrolled |
| Any other deductions from umbrella income | Umbrella margin of £15 per week processed; employee business expenses; optional giant advantage benefits scheme of £3.75 per week if opted in; optional umbrella premium package margin of £39.50 per week if upgraded from the standard £15 margin package |
| Expected or minimum rate of pay to you | National Minimum Wage (NMW) |
| Deductions from your wage required by law | PAYE income tax; Employee's National Insurance; Employee pension contributions at 4% of NMW if enrolled; and if applicable, Student Loan Repayments; Attachment of Earnings Orders. |
| Any other deductions taken from your wage | N/A |
| Leave entitlement and holiday pay | 28 days per year inclusive of bank holidays |
| Additional benefits | Optional giant advantage employee benefits scheme of £3.75 per week if opted in; optional umbrella premium package margin of £39.50 per week if chosen which includes the ability to make salary sacrifice contributions into a private pension, personal medical insurance, the giant advantage benefits scheme, quarterly 1-2-1 and a discounted self-assessment service. |
| Any opt out agreement under Regulation 32 | EAA status: Opt out |
| Example Pay | ||
|---|---|---|
| Example gross rate of pay to umbrella company from us | £1000.00 | N/A |
| Deductions from umbrella income required by law | Employers NI = £98 | Employer Pension Contribution = £0 | Apprenticeship Levy = £4 | N/A |
| Other deductions or costs taken from umbrella income | Employer Margin = £15 | Non-billable business expenses = £0 | N/A |
| Example rate of pay to you | N/A | £883 weekly |
| Deductions from your pay required by law | N/A | Income Tax = £128 | Employees National Insurance = £77 | Employee Pensions Contribution = £0 | Student loan repayment = £0 |
| Any other deductions or costs taken from your pay | N/A | N/A |
| Fees for goods or services | N/A | N/A |
| non-billable business expenses reimbursed | N/A | £0 Non billable expenses |
| Example net take home pay | N/A | £678 weekly |