Since the new rules around travel and subsistence came into play on the 6th April 2016, many umbrella company providers have been promoting the additional benefits of their umbrella service including the importance of continuous employment, which gives access to certain statutory benefits and providing the right level of insurance cover, etc.
All of these are great benefits, but you should be looking for umbrella companies that are going that extra mile and are giving you benefits over and above the norm.
Some umbrella company providers now give contractors access to employee rewards schemes that provide access to discounts on a number of high street retailers, however access to such schemes will usually come at an additional cost to you, the contractor.
Here at PayStream, we also provide our contractors access to a rewards scheme but the difference being, our rewards scheme is now free!
Our employee rewards scheme provides you with discounts to thousands of high street brands and well known restaurant chains, as well as access to exclusive gym, cinema and mobile phone discounts, not to mention huge savings on new car leasing or car hire. Discounts which, for a typical contractor, will see savings on average of more than £100 a month on leisure and household bills.
We also appreciate that not all financial lenders recognise a contractors earning for lending purposes so we provide you, with free access to a mortgage desk which searches the UK market for lenders who look favourably upon contractors and the way they work giving you exclusive access to rates that aren't available on the high street.
Our umbrella contractors can also access our in-house financial advisors who can provide help securing not only mortgages, but also advice regarding loans or other financial products. We are always looking for new and exciting offers and services to include in our ever growing list of umbrella company benefits, the most recent being the addition of a 60% discount on an annual Push Doctor membership. Our range of benefits is set to continue to grow so watch this space for more info.