How it works
When you place a candidate on assignment with Competex Pro, you have no employment or taxation responsibilities for the candidate, as these are dealt with by us. Whilst you do get involved with the candidate and the end-client in terms of the initial contact, discussions about the assignment, the scope of the job and the proposed day rate, you do not enter into a contract with the candidate.
There two different service agreements for the assignment – one between the end-client and the agency, and a subsequent contract between the agency and Competex Pro.
At the same time, Competex Pro, which assumes the role of the candidate’s employer, arranges an employment contract with the candidate.
As the candidate works on the assignment, the ‘fee-payer’ (either the end-client or the agency) pays the fee income for the assignment and the VAT due on the amount to Competex Pro. Competex Pro is responsible for processing and taxing this income, and also deducts a margin to cover its own costs. Once all deductions have been made, the candidate receives his or her net pay through Competex Pro’s payroll.