OPRaaS: Off-Pay Roll as a Service
OPRaaS is an end to end solution that helps recruitment agencies reposition themselves against the competition through optimising the usage of contingent workers (e.g. freelancers, temps, contractors, interims, and consultants) whilst at the same compliantly navigating the changing UK tax and employment legislation such as Off-Payroll Reform (IR35) and the Good Work Plan.
Why your recruitment agency needs to care about Off-Payroll Reform/IR35?
From reduced spend from end clients to a shrinking contractor book, limited access to the best talent, diminished client influence, potential tax liabilities, legal challenges, and client PSLs being consumed by predatory Managed Service Providers, changes to IR35 are poised to shakedown recruitment agencies who are not prepared for Off-Payroll Reform.
Why your recruitment agency needs to care about contingent workers?
Contingent labour can be a cost-effective, efficient, and competitive solution for organisations to scale on-demand. With advancements in technology and communications, the rising trend of contingent worker usage is likely to continue.
Why your recruitment agency needs to care about the Taylor Review & the Good Work Plan
The Taylor Report of modern working practices of 2017 led to the government’s Good Work Plan, the GWP proposed changes in April 2020 will add to the administrative and compliance burden for any organisation contracting directly with contingent workers such as increased transparency to increased penalties for any employment law breaches.
Despite these ‘headwinds’ we see the proposed tax and employment changes as a real opportunity for an agency to gain competitive advantage.
Why your recruitment agency needs to care about Off-Payroll Reform/IR35?
From reduced spend from end clients to a shrinking contractor book, limited access to the best talent, diminished client influence, potential tax liabilities, legal challenges, and client PSLs being consumed by predatory Managed Service Providers, changes to IR35 are poised to shakedown recruitment agencies who are not prepared for Off-Payroll Reform.
Why your recruitment agency needs to care about contingent workers?
Contingent labour can be a cost-effective, efficient, and competitive solution for organisations to scale on-demand. With advancements in technology and communications, the rising trend of contingent worker usage is likely to continue.
Why your recruitment agency needs to care about the Taylor Review & the Good Work Plan
The Taylor Report of modern working practices of 2017 led to the government’s Good Work Plan, the GWP proposed changes in April 2020 will add to the administrative and compliance burden for any organisation contracting directly with contingent workers such as increased transparency to increased penalties for any employment law breaches.
Despite these ‘headwinds’ we see the proposed tax and employment changes as a real opportunity for an agency to gain competitive advantage.
What OPRaaS does for recruitment agencies?
OPRaaS is an end-to-end solution established in response to the changes to IR35 via Off-Payroll Reform and assists recruitment agencies to compliantly advise and assist their end clients to meet the challenges of the evolving tax and employment landscape. We provide an end-to-end solution to ensure your agency and end client is fully compliant for the proposed changes post April 2020 and repositions your agency as the ‘Partner of Choice’ through:
Improved client engagement and influence
Become the ‘Partner of Choice’ for clients rather than just a supplier
Protect existing client spend and revenues
Increase contractor numbers
Generate new revenue streams
Evolve your value proposition to include MSP capability
Ensure continued access to the very best talent
Compliantly future proof your agency to the changing tax and employment legislation
Key Offerings
OPRaaS Assessment and Audit
An end-to-end Off-Payroll Reform solution to ensure your agency and your clients are fully prepared and compliant for the proposed Off-Payroll Reform changes. Our high-touch, white-labeled, consultative approach and services include:
Assessment & Audit: Educate, Remediate, Determine and Indemnify your Off-Payroll workforce
Tax and legal expertise on IR35 as well as on-going support
White-labeled technology provision via a one-stop compliance management platform
Repositioning your agency as the “Partner of Choice” for clients
Future-proofing your agency and end clients against the potential risks and challenges to the changing tax and employment landscape
Ensuring your agency retains a competitive advantage
OPRaaS Workforce Management Solutions
OPRaaS partners with UK-based Workforce Management Solution Providers to provide Vendor Management and Managed Service Provision to deliver visibility, control, and compliance over your clients’ contingent workforce
OPRaaS partners with two of the UK’s most exciting and leading edge workforce management providers with a disruptive, next-generation model. Our model & technology helps agencies optimise and maximise their client’s Off-Payroll workforce and supply chain, ensuring visibility, control, and compliance across the end to end hiring and payrolling process. With an accelerated implementation of six weeks and an on/off-site account team, our partner provides visibility via real-time MI & BI insights and solutions.
OPRaaS Workforce Management Solutions will provide:
White-labeled MSP capability, training, technology, and on-going support
‘Next generation’ mobile-friendly, easy to adopt technology
Accelerated and methodical implementation
Visibility and control of the ‘Off-Payroll’ workforce estate
Streamlined hiring and payrolling processes
Spend control and optimised spend management over worker estate
DaaS – Data as a Service - to provide real-time reporting MI & BI for data-driven decision making
Future-ready for the changing tax and employment landscape
OPRaaS PEO: Professional Employment Organisation Solution
OPRaaS partners with PEOs to ensure agencies and end hirers add value to the contractors they engage as well as increased efficiency, transparency, and compliance with changing legislation of OPR and the GWP.
The PEO model is a replacement model for the traditional payrolling approach of the umbrella PAYE model:
The PEO becomes the employer of record
Provides workers with a full contract of employment
Compliantly pays contractors PAYE with a clear and simple payslip
Manages contractors employment – pays all taxes and manages holiday pay
Responsible for all statutory employer obligations, such as establishing Right to Work and handling any disputes and employment tribunals
A simple chargeback of employment costs to agency or end hirer
Additional benefits for agencies and end hirers:
Increased access to the flexible workforce talent pool
Improved Contractor Value Proposition
Reduced administrative and pay-rolling burden
Under the PEO model:
No charge to contractors as agencies or end hirers are charged a simple administrative fee
Contractors currently working under their own Limited Companies/PSCs are made compliant under a simple and streamlined invoicing process with one invoice for all
There is no disruption to agency/contractor relationship
Contractors receive a simple PAYE slip
Reduced confusion associated with more complex umbrella payslips
Contractors are no longer caught by IR35
PEO is portable to any future assignment providing employment continuity
Agencies/end hirers enjoy employment status compliance protecting their reputation
For agencies, the PEO is an excellent addition to their value proposition ensuring compliance in a demanding new legislative landscape
IS YOUR BUSINESS FUTURE READY?
Get ‘future-ready’ by partnering with OPRaaS
CALL CHRIS DUNN TODAY
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Chris Dunn
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