What is Umbrella/EOR (Employer of Record) Payroll?

In the fast moving world of UK contracting, things can get pretty confusing especially when you’re just trying to get paid for a job well done. If you’ve been browsing job boards or chatting with recruiters lately, you’ve likely bumped into the terms “Umbrella” and “EOR (Employer of Record)”.While they sound like corporate jargon, they…

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What is net pay anyway?

Working as a contractor has many benefits, but it can feel a bit complicated, especially if you’re new to it.
That’s why working with an umbrella company can help make things more straightforward, and completely remove the need for setting up a limited company or working out your own tax payments.
However, there are costs involved in…

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What is an umbrella company margin?

Working through an umbrella company provides lots of benefits which can make life much easier for contractors and temporary workers. But this way of working is slightly different from working directly with an end hirer or employer.One of the things that differs is the umbrella company margin, which is a charge made to cover the…

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What exactly does FCSA compliance involve?

As a fully compliant umbrella company, we at JMK are often asked about our FCSA Accreditation. FCSA has long been associated with industry compliance, and those who are accredited will all have met stringent criteria to meet the high standards required.In this article, we explain a little more about the FCSA and what Accreditation actually…

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What does working for an umbrella company mean?

Whether you’ve already heard about umbrella companies or are completely new to the idea, make sure you’re fully informed so that you can make the right decision for you.
First time hearing about an umbrella company?

When you’re a new contractor, or someone who has been contracting for some time but has never had experience of an…

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