Professional Employment Organisations (PEO)
A PEO allows recruitment agencies and end hirers to outsource employee management including employee benefits, employer liability and payroll with the PEO becoming the employer of record for tax and insurance purposes. The use of PEO is increasing both in the UK and overseas in recent years, but Ship Shape was supplying PEO to agencies and end hirers as far back as 2005.
For hirers, agencies and workers looking for the ultimate compliance and transparency a PEO may be the answer as all PAYE and National Insurance is demonstrably deducted and paid over in full. There is no legislative risk and it is suitable for any worker who may be an employee. There are no charges for the worker.
For further peace of mind Ship Shape offers incredible financial reliability:
- Established in 2004 we have successfully provided payroll services for over 80,000 workers and reached an annual turnover of £85m in 2017.
- We enjoy an enviable credit score of 98% and £410,000 recommended credit limit (Experian March 2018).
- Our payroll operations and legal/tax compliance have been verified by industry experts Saffrey Champness, Accountax and we have passed HMRC inspections in 2009, 2012, 2016 and 2018.
- We are an approved supplier to TEAM and associate member of FCSA.
Worker benefits such as free mobile phone service are also included.