Welcome to Crescenzi Consulting, Login or Create new account

international umbrella

We all know there are serious cultural differences between Asia and Europe in the areas of art, religion, social customs and cuisine. If you are in the recruitment industry, you could add the conduct and behaviour of umbrella companies to that list.

It is the practice of some Umbrella Companies to offer inducement allowances to sales consultants to procure contractor business for them. I often get asked if this is a problem from an agency point of view. There are a number of reasons why I think that it should be a strict policy within agencies to proscribe this activity and to ensure that consultants do not accept these external commissions:

In the last six years or so, there have been at least four instances of well known umbrella companies being forcibly put into receivership or voluntarily filing for administration. These incidents caused a massive amount of upheaval among agencies and contractors. Many contractors did not get paid in the final month of active business for the "solution provider" and some were unlucky enough to lose two month's income as a result of the sudden closure of the business.

Subscribe to RSS - international umbrella