KID Umbrella

Key Information Document ‒ Umbrella Company

This document sets out key information about your relationship with us and the umbrella company or other intermediary used in your engagement, including details about pay, holiday entitlement and other benefits.

Under Section 6(1)b of the Employment Agencies Act 1973 (EA 1973), it is unlawful for an employment business to receive a fee directly or indirectly for the provision of work finding services.

The Employment Agency Standards (EAS) Inspectorate is the government authority responsible for the enforcement of certain agency worker rights. You can raise a concern with them directly on 020 7215 5000 or through the ACAS helpline on 0300 123 1100, Monday to Friday, 8am to 6pm.

General Information

Name of worker:	Patrick John Smith
Name of employment business:	Kingston Barnes Limited
Name of intermediary or umbrella company:	Liquid Friday Limited
Your employer:	Liquid Friday Limited
Type of contract you will be engaged under:	Employment contract- You are an Employee of Liquid Friday; this means that you have many right and obligations as laid out in your terms of employment
Who will be responsible for paying you:	Liquid Friday Limited
How often the umbrella company and you will be paid:	Depending on the particular assignment you are working on you may be paid weekly, monthly, fortnightly or on a project- by-project basis

Umbrella Company or Other Intermediary Pay Information

You are being employed by an umbrella company or other intermediary: a third-party organisation that will calculate your tax and other deductions and then pay you for the work undertaken for the hirer. We will still be finding you assignments.

The money earned on your assignments will be transferred to the umbrella company or other intermediary as part of their income. They will then pay you your wage. All the deductions made which affect your wage are listed below. If you have any queries about these please contact us.

Your payslip may show you as an employee of the umbrella company or other intermediary listed below.

Name of umbrella company or other intermediary:	Liquid Friday Limited
Any business connection between the umbrella company or other intermediary, the employment business and the person responsible for paying you:	NONE
The gross or minimum amount that we will transfer to the umbrella company or other intermediary:	As per National Minimum Wage
Deductions that will be made to the gross amount paid to the umbrella or other intermediary required by law:	Apprenticeship Levy – As a large employer we are required to pay the UK’s Apprenticeship Levy. This is 0.5% of the total amount we charge the agency, minus our profit margin. Employers National Insurance (NIERS)- The amount we pay HMRC as your employer for National Insurance. Company Employer pension contribution- 3% of gross income paid into our pension provider (auto-enrolment after 12 weeks)
Any other deductions that will be made to the gross amount paid to the umbrella or other intermediary’s income:	Company Profit Margin (Maximum £18)- This is the total amount Liquid Friday earns whilst you are on Assignment, this money is used to pay for the running costs of the business and facilitating your Assignment. Holiday pay- You are entitled to 28 days pro-rated, inclusive of bank and public holidays in the UK
Expected or minimum rate of pay to you from the umbrella or other intermediary:	Minimum Rate of Pay = The hours you’ve worked multiplied by the National Minimum Wage.
Deductions from your wage required by law:	Employees National Insurance Contribution Income Tax If relevant – student or postgraduate loan deductions If relevant – earnings attachment orders
Any other deductions or costs taken from your wage:	NONE
Any fees for goods or services:	NONE
Holiday entitlement and pay:	You are entitled to 28 days pro-rated, inclusive of bank and public holidays in the U.K. Holiday pay is rolled up and paid together with basic rate of pay. The Agency Worker acknowledges that no further payment will be made when time off is taken.
Additional benefits:	Access to Liquid Perks, an exclusive shopping platform for Liquid Friday Employees, allows you to save money online, in-store and via your mobile.

Example Pay

	Umbrella or other intermediary fees	Worker fees
The gross or minimum amount that we will transfer to the umbrella company or other intermediary:	£711.59 Per Week
Deductions that will be made to the gross amount paid to the umbrella or other intermediary required by law:	Apprenticeship Levy £9.62 Employers National Insurance (NIERS) £63.95 Employer Pension £18.00
Any other deductions that will be made to the gross amount paid to the umbrella or other intermediary’s income:	Umbrella Company Margin £18
Example rate of pay to you from the umbrella or other intermediary:		£537.40 / Week plus £64.62 holiday pay = £600 total
Deductions from your pay required by law:		Employees National Insurance Contribution £38.86 Income Tax £55.33 Pension £30.00 Student Loan £12.50
Any other deductions or costs taken from your pay:		NONE
Any fees for goods or services:		NONE
Example net take-home pay:		£400.71 Per Week Plus £43.01 Holiday

PLEASE NOTE THESE ARE EXAMPLE FIGURES AND DO NOT REPRESENT THE ACTUAL DEDUCTIONS A WORKER RECEIVING PAY AT THIS RATE WOULD ATTRACT.

Conduct Regulations Opt-Out

If you are supplied via an umbrella company or other intermediary, then both parties can opt out of being covered by the Conduct of Employment Agencies and Employment Businesses Regulations 2003 (the Conduct Regulations).

The opt out must be given in writing to the employment business by both the umbrella or other intermediary and the person being supplied to do the work. The employment business cannot encourage you to do this and it must be your own decision.

Agency workers placed in roles working with, or caring for, vulnerable persons cannot opt out of the Conduct Regulations.

This document is for information only and does not qualify as an agreement for opting out of the Conduct Regulations.