Preparing for Change: The Impact of the NI Increase for Recruitment Leaders

NI is going up – Are you ready?

  • In April, Employer National Insurance contributions will rise from 13.8% to 15%.
    Are you ready for this change?
  • The cash flow demands of the NI increase may strain your recruitment agency.
  • It’s time to review your invoice funding arrangement and ensure you’re not overpaying.
  • Our experts can help you reduce costs and encourage scalability at any time.

Take advantage of the most flexible funding solution in the market

Whether you’re looking for a placement-by-placement funding option or a long term plan, we can support your cash flow needs, both internationally and in the UK.

Review your funding arrangements

Are your current funding options the most cost-effective choice? Our funding specialists can evaluate your financing terms and ensure you’re not overpaying at this critical time.

Secure the right funding deal

Securing the right financing terms now can reduce operational costs later. Work with our funding experts to ensure you’re getting the best deal for your cash flow needs.

Our recruitment funding solutions

Need a customised solution? Our team of experts will work closely with you to understand your unique needs, creating a bespoke solution tailored for your agency.

Workwell

Complete Funding

Recruitment Finance With Back-Office Support

Fully integrated, comprehensive suite of services to help you fund your startup or grow your recruitment business, with 100% invoice financing and bad debt protection.

  • 100% invoice financing
  • No set-up fees
  • Weekly Margin Payments
  • Most Flexible Perm Funding in the Market
  • UK and International Funding
  • Full Bad Debt Protection
  • Expert Payroll Management
  • Invoicing and Credit Control
  • Expert Ledger Management
  • Detailed Reporting
  • No Funding Limits or Interest Charges
  • Company Incorporation & Terms of Business
  • Optional CRM and Accountancy Services

Workwell

Fund-As-You-Go

Ad-hoc Invoice Funding Solution

On-demand finance access for your ad-hoc funding requirements. The perfect solution for trialling a new recruitment project on a placement-by-placement basis.

  • 100% invoice financing on a contract-by-contract basis
  • Full bad debt protection
  • Your margin paid when your client pays
  • Quick & easy setup with no additional fees
  • Funding in 17 currencies
  • We can pay contractors in 170 countries
  • We provide a seamless transition for switching invoice finance providers
  • Perfect for a new business or project, both in the UK or abroad
  • Great for business owners who cannot obtain credit
  • No personal guarantees are required
  • On-demand invoice funding

Book your free consultation


Get the expert advice your agency needs

While the NI increase will present undeniable challenges, recruitment leaders can take proactive steps to reduce the financial burden, reduce costs by an average of 30% and encourage scalability at any time.