The process of choosing a company that can provide a particular service that you are looking for can be challenging. For example, if you are a contractor or a freelancer; then you can definitely get more things done when you hire the services of an umbrella team.

Now, there are hundreds of umbrella companies that may offer the same services and rates which makes choosing the best one an impossible task. Fortunately, this article will serve as your quick guide on how to seal the deal with a capable umbrella team.

Choose an established umbrella team with an exemplary track record.

This should be every contractor’s number one priority. The best way to get information about a certain umbrella team is to do your research. Check for their company reviews from contractors and you may even ask for additional information from the company itself.

Take the time to go over their website and check out their available services and other optional add-ons so you can make an informed decision. In that way, you will end up with a reliable umbrella that can help you with the important admin tasks.

The company must have an FCSA accreditation.

The FCSA is a well-recognized industry standard for compliance set for umbrella companies based in the UK. The umbrella must have gone through strict assessment and audit to pass the accreditation and this signifies that the company is legitimate and contractors will have that peace of mind knowing that they are dealing with a capable Umbrella company. 

The company must also be knowledgeable in the contractor industry.

There are certain things that every umbrella team must take into consideration to ensure that they do not get into trouble with the HMRC. Therefore, the umbrella must be knowledgeable and well aware of the ins and outs of the industry to make sure that all things will be in order.

The company must be included in the PSL

A company that is included in the PSL or Preferred Supplier List is a solid indication that they are credible. Agencies will only allow umbrella companies on their preferred list if they have passed compliance and audit checks.

The company must be transparent in all facets of the business.

This is very important since they will be dealing with the contractor’s pay. The umbrella must not have any hidden or added fees especially when they are not included in the contract. The contractor on their part must make sure that they read the fine print of the contract and they should be aware of all the listed fees. This will ensure that they will be getting a fair deal from the umbrella. Getting the help of an able umbrella team will make the job of a contractor or freelancer a lot easier. With the help of an umbrella team; the contractor can focus on their projects and would not have to create a limited company especially if they are only engaged in short-term assignments.