Key Information Documents
From 6th April 2020, the Government introduced regulations which mean new agency workers must be given a 'Key Information Document' (KID) containing important information before agreeing terms with an employment business (or agency).
The regulation doesn't apply to agency workers with existing terms with an employment business, but workers must be provided with a KID when they sign up with a new employment business.
The KID is intended to improve the transparency of information provided to workers, particularly around pay, including an overview of how any fees and deductions will affect the worker's pay throughout a labour supply chain. The KID will enable an agency worker to make a more informed decision about taking on an assignment based on how their pay is affected by agency fees and other deductions.
We have prepared a KID that tells you, in principle, the main terms that will apply to you when you work through our employment business for one of our clients. This includes an illustration of pay and deductions, the aim of which is to give you a clear indication of the fees and deductions that will affect your pay.
We engage workers in a number of different ways:
- agency workers paid on a PAYE basis;
- we also engage workers through an intermediary or umbrella company to process and handle payments to the worker, if they so choose;
- where the worker provides services through a Personal Service Company (PSC).
We have produced KID for each of these contractual arrangements.
YOU SHOULD SELECT AND READ THE ONE THAT IS RELEVANT TO YOUR OWN CIRCUMSTANCES