As contracting has become an increasingly appealing option for thousands of professionals, many contractors have opted to use the services of umbrella companies. By employing the contractor, an umbrella company gives contractors a level of security, offers them the perks and benefits of being an employee whilst allowing them to choose which contracts they work on and when.
Just as umbrella companies have risen in popularity, so have umbrella calculator sites designed to help contractors find the best company to work with.
But, why would you use an umbrella calculator over carrying out a simple online search? In this guide, Umbrella Supermarket explain the range of benefits that using an umbrella comparison site offers and why every contractor should use one to find the best umbrella company for them.
Umbrella calculators make it quick and easy to compare results
Umbrella comparison sites are incredibly quick and easy to use. Compared to manually searching online which requires time, energy and effort in finding, researching and comparing different umbrella companies, umbrella calculators allow you to input your details and get a list of results in less than 2 minutes.
Contractors can simply enter their information and any preferences they have, such as insurance level, childcare credits and pension contributions, and an umbrella calculator will generate a list of umbrella companies best suited to their needs.
What’s more, there’s no need to flick between different web pages and multiple tabs to compare results. The comparison site will show the results in an easy to read list. Contractors can then save their details and results, meaning they can go back and review them whenever they choose.
The best umbrella comparison tools, such as Umbrella Supermarket, will also allow contractors to alter their information to see how these changes will directly impact their results.
Compare results based on pricing and more
One of the great things about using an umbrella calculator is that it allows contractors to easily compare pricing. Inevitably, this is a big factor when choosing an umbrella company. After all, no contractor wants to be paying sky-high fees, but at the same time the cheapest option isn’t always the best way forward, so it’s important to be able to easily compare different companies’ fees.
At Umbrella Supermarket, we not only help you compare umbrella fees, we also show contractors a breakdown of what their take home pay will look like under each company. We will show you how much tax you will pay, how much National insurance you will contribute plus how any other additional payments like pension contributions will impact your income.
But, at Umbrella Supermarket we also realise that price isn’t everything. Every contractor has a different set of needs, requirements and preferences. With tons of companies out there all offering different levels of service, we make it easy for contractors to find the best fit based not only on price but further criteria too.