The Pros
Creates the image of a much larger organisation
Access to a team with wide skill sets
Staffing
- Sickness/Holiday/Maternity all covered
- Management handled by Outsourcing Company
- Training provided by Outsourcing Company
No Employers NI Costs
Improved Cash Flow as no requirement for
- Office Equipment
- Business Premises
- Insurances
Flexibility of access to resources/staff as required
Bespoke reporting to ensure YOU are constantly aware of developments in your business.
The Cons
No direct control over staff
Your Own Staff
The Pros
Direct control over employees
The Cons
Cover needed for absences
- Holiday (28 days statutory min)
- Sickness (Avg 8 days in 2008 - CIPD survey)
- Maternity / Paternity
Employer's NI Payments (12.8% of Gross Salary)
Management of staff
Training of staff
Office equipment needed (desks, PCs, printers etc)
Premises, so associated cost
- Rent / Mortgage
- Business Rates
- Insurances (Buildings, Liabilities etc)
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