PEO

PEO stands for Professional Employer Organisation. This is a simple PAYE engagement model in which you are quoted your actual gross pay rate from the start, which never changes unless your pay rate changes. There are no deductions other than PAYE employee tax and national insurance. The pay rate that you are quoted is the pay rate that you are paid.

You engage giant via a contract for services.

Yes, please enter your details and rate on the calculators available on our website.

Our illustrations provide an estimated take home using a fixed set of assumptions as detailed. They are for illustrative purposes only to provide an estimated net take home and should not be thought of us guaranteed income.

We are unable to include student loan repayments in the illustration we provide; however if we are notified by HMRC to make deductions, the amount you repay depends on which plan you’re on. Each plan has a threshold for your weekly or monthly taxable income. You repay:

• 9% of the amount you earn over the threshold for Plan 1 and 2
• 6% of the amount you earn over the threshold for the Postgraduate Loan
• If you have a Plan 1 or 2 loan and a Postgraduate Loan, you’ll repay 15% of the amount you earn over the threshold.

You do not pay anything back if your income is under the threshold.

The thresholds change on 6th April each year, click on the following link to find out the current thresholds: https://www.gov.uk/repaying-your-student-loan/what-you-pay

None. We charge your agency!

We will agree a weekly or monthly payroll timetable with your agency and this, along with any applicable payment terms, will be communicated to you during onboarding.

We will pay you in line with the same frequency that we agree with your agency – this generally is either weekly or monthly.

This is your actual gross pay rate that does not change. Your gross pay is based upon this rate and the number of hours or days worked.

There are only statutory PAYE tax deductions from your quoted gross pay rate. Statutory deductions may also include Student Loan repayments and any Attachment of Earnings Orders we receive e.g. CSA payments.

Yes you receive a normal payslip starting with your gross pay rate and showing the PAYE tax deductions.

Any expenses will need to be pre-approved by the hirer and agency; once they pay the funds to giant, we will reimburse the expense to you within your payroll.

You will have a statutory minimum entitlement of 28 days per year including bank and public holidays. If under the AWR regulations, we are advised by your agency of a higher entitlement, then this will be matched.

In most cases, your holiday will be accrued and paid to you when you take time off.

Your holiday entitlement is inclusive of bank holidays, to be paid for a bank holiday you will need to submit a holiday claim, which you can do online via your portal.

You should aim to ensure that you take your full annual leave entitlement within the holiday year. Any unused holiday will not be carried forward to a new year. 

If you take more than your entitlement, then it will be unpaid. 

The practise of booking holiday and also submitting a timesheet for the same period is not permitted on an accrued holiday pay scheme.

After 90 days of continuous employment with us, we will auto enrol you into a workplace pension with NEST. You will contribute 5% of pensionable earnings and giant will contribute a further 3%. Once auto-enrolled, you do have the option to opt out of this.

We can currently only process pension contributions into the workplace pension scheme via NEST.

You have two notice periods – one for your assignment at the hirer, and another for your engagement with giant. Your agency will confirm the notice period for the assignment and we will populate this on the assignment schedule you are offered online with us. To terminate your contract with us (which is separate to your assignment), your notice can range from immediate to thirteen weeks dependent on your length of service; if you require for us to agree a shorter notice period, we can mutually agree this.

Yes, ensuring that you have served the relevant notice period as detailed on your assignment and employment contract. Some agencies will only allow you to change engagement model either at the point of extension or new assignment and so you should check their policy on allowing changes.

Yes, we hold the following cover for all our employees:

• Professional indemnity: £5million for any one claim
• Employer’s Liability: £10million for any one occurrence
• Public liability: £5million for any one occurrence
• Products liability: £5million for any one occurrence

We aim to respond to all queries within 24 hours and have a robust complaints procedure in line with our employee handbook.

An easy to understand, PAYE employment model in which you are quoted your actual gross pay rate from the start, which never changes unless your pay rate changes. You will also benefit from:

• our 30 years of experience
• mobile enabled, simple software
• payment text alerts
• holiday pay
• one employer
•statutory employment rights including the AWR
• business insurances
• workplace pension
• statutory payments
• own tech – designed for simplicity
• support team
• giant advantage

Honoured by the Benefits Excellence Awards, giant advantage is an extensive employee benefits programme that can save you £1000’s each year with things like:

• cheaper cinema tickets
• discounts at your favourite high street retailers
• leasing a brand new, low emission, fully insured car free from tax and NI deductions
• buy a bicycle on a 12 month purchase plan free from tax and NI deductions
• 24 hour employee assistance helpline to help you with both work and personal issues.