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Professional Employment Organisation (PEO)

The easy PAYE solution

An alternative way to outsource your employee management process for contract workers when an umbrella company isn’t the preferred option.

PEO services are perfect for agencies or clients who don’t want the hassle and complexity of processing their contractor’s payroll, or are unable to engage with an umbrella company through choice or circumstances, such as when working with lower paid contractors.

How does PEO work?

With PEO, we are the employer, so as well as taking on the employment risks, contractors get access to statutory employment entitlements and optional PayStream benefits.

Contractors are paid the advertised gross pay rate and receive a standard gross to net payslip which reduces any potential confusion. The employment costs are invoiced back to the agency or clients along with any processing fee. Standard rate VAT is included on all invoices issued to UK agencies.

What's included with our PEO service?

With our single employment PEO service both you and your contractors can expect the usual high standards of service with a point of contact for all contractor queries, grievances, employment reference requests, P45s and year end processes. But that’s not all...

 

Payroll processing including holiday pay calculations and statutory payments
Compliance with employment rights, including statutory workplace pension obligations such as opt-in and opt-out communications
Payment text notifications and contractor portal for payslip and helpful documents

Payroll processing including holiday pay calculations and statutory payments

Payroll processing including holiday pay calculations and statutory payments

Compliance with employment rights, including statutory workplace pension obligations such as opt-in and opt-out communications

Compliance with employment rights, including statutory workplace pension obligations such as opt-in and opt-out communications

Payment text notifications and contractor portal for payslip and helpful documents

Payment text notifications and contractor portal for payslip and helpful documents

Where does the employer responsibility lie?

  PayStream

    Agency/Client  
Single Employer of record
Employer Statutory Cost (SSP, SMP, SPP, SAP, ShPP, SBP)
Holiday pay costs
Employment Costs (ER's NI, Levy & Pension)
Manage ACAS Claims
Manage Employee Tribunal Claims

*Please note: table is subject to T&Cs and can change depending on your agreement.

Why choose PayStream?

 

 

We have a large experienced payroll team of 45 payrollers with average tenure of over 3 years
We partner with over 1000 agencies and clients
We can support all your contractor payroll needs from PAYE, Bureau or International

We have a large experienced payroll team of 45 payrollers with average tenure of over 3 years

We have a large experienced payroll team of 45 payrollers with average tenure of over 3 years

We partner with over 1000 agencies and clients

We partner with over 1000 agencies and clients

We can support all your contractor payroll needs from PAYE, Bureau or International

We can support all your contractor payroll needs from PAYE, Bureau or International
A range of market-leading onboarding software and candidate screening services
We can offer a timesheet & billing solution
With over 20 years' experience you can trust PayStream to have your payroll needs covered.

A range of market-leading onboarding software and candidate screening services

A range of market-leading onboarding software and candidate screening services

We can offer a timesheet & billing solution

We can offer a timesheet & billing solution

With over 20 years' experience you can trust PayStream to have your payroll needs covered.

With over 20 years' experience you can trust PayStream to have your payroll needs covered.

We're here to simplify your contractor management, providing the support you need to ensure a smooth and compliant experience.

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