What Payslip Buddy means to you

Here at SG Umbrella we’re proud that every single one of our employee’s payslips have been audited by SafeRec’s Payslip Buddy.

So what does this mean for our employees, what value does payslip auditing hold and why should you be concerned about your payslip’s compliance? In our blog we explore all this and more.

What is Payslip Buddy?

Payslip Buddy is a contractor focused solution designed to protect Umbrella employees from unlawful and / or ethical practices from Umbrella Companies. By auditing payslips, employees and agencies can check their Umbrella Company’s compliance.

Revolutionary within the payroll sector, Payslip Buddy audits the payslips we generate for our employees in real time, direct from our payroll software and cross-references with RTIs sent to HMRC. A report of our audit is then sent to our partnering agencies and our employees, meaning that you’ll receive an audit report each and every time we pay you.

Why is it important within the Umbrella Company industry?

Sadly for the Umbrella industry it isn’t a prerequisite for every Umbrella Company to have their payslips audited, so here at SG we’re proud to say that we have voluntarily signed up to have every single one of our employee’s payslips checked. If compliancy is followed and there’s complete transparency in the payment process, then there’s no reason why every Umbrella Company shouldn’t be Payslip accredited. That is if they don’t have anything to hide!

How does Payslip Buddy work?

As an SG Umbrella employee, you’ll have already received emails from Payslip Buddy, but if you’re thinking of joining us, you’ll be sent two emails from Payslip Buddy when you receive your first payslip:

• The first email will be onboarding email, which will ask you to activate your Payslip Buddy account. You’ll only receive his email once
• The second email will be an audit report for your first SG Umbrella payslip. You’ll then receive an audit report every month, which will be stored and recorded on your Payslip Buddy dashboard. With every audit stored in one, central place, you’ll be able to quickly and easily refer to them whenever you need to track your income, taxes and pension contributions

As a SG Umbrella employee there’s no obligation to signup to Payslip Buddy, but we believe for peace of mind and security it’s worth its weight in gold. Along with our Freelancer and Contractor Services Association (FCSA) accreditation our dedication to compliance and transparency in the way we operate, demonstrates to the whole contracting industry that we’re serious about our conformity.

Got questions about Payslip Buddy?

Take a look at our dedicated Payslip Buddy page, for more information.

Alternatively, speak to the SG Umbrella team today. They’ll happily talk you through the benefits of Payslip Buddy, how it works and how you’re able to opt-out should you wish.

The SG Umbrella team are always on hand to offer you support and guidance, ensuring your experience with us is nothing but exceptional. Get in touch today to find out more and speak to the team.