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	Podcast:		REC Scale Up Podcast
	Episode:		Ep 2 - A look on umbrella companies
	Category:		Business
	Duration:		00:23:12
	Publish Date:		2022-01-25 16:23:49
	Description:		In this episode, our Chief Executive Neil Carberry and Recruitment Standards Director Lorraine Laryea discuss the debate around umbrella companies, the regulatory issues and the actions we have taken to make a difference. Tune in to hear about: • The government pressure points surrounding regulations and making positive changes • The reciprocal obligations and restrictions that umbrella companies are subjected to • Tips on the correct approach to enforce with supply chains, whilst we await legislative changes Key quotes/takeaways: • Umbrella company regulations are absolutely necessary – Neil • Take the opportunity to shape the agenda for the future - Neil • There needs to be reciprocal obligations between employment business, our members and umbrella companies – Lorraine • Make sure you completely understand the arrangement that you have entered into with an umbrella company – Lorraine • We have a template diligence checklist that members can use when they are working with umbrella companies. It provides a robust set of questions so you can be sure the umbrella company you’re working with are meeting minimum requirements - Lorraine
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