Before starting work through an agency, you will usually be given two hourly rates – a PAYE rate and an umbrella company rate. If you choose to work through an umbrella company, the agency saves the employer's national insurance contribution by NOT employing you on their books. Regardless of what the agency may tell you, this saving should be passed on to you IN FULL and reflected in your umbrella company rate. To calculate the uplift, simply include your agency PAYE rate per hour and typical weekly hours into the boxes provided, then hit calculate. The 'total cost per hour' and 'gross cost per hour' is the MINIMUM rate you should accept for working through an umbrella company.

calculate

Agency rate uplift results

kindly provided by  

Total cost per hour

Gross % increase

%

Agency Salary per week

(rate x hours)

Agency Salary per annum

(x 52 weeks PAID)

Employers' NIC per annum

Total cost per hour:

Total Salary Costs per annum

Total cost per hour:

Gross cost per week

( /46.40 weeks WORKED)

Gross cost per hour

( / hours)

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