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FAQS
Our FAQs – click on the question to reveal the answer
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How often will I get paid?We can accommodate all standard pay frequencies to match your requirements.
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How will I get paid?We process funds the same day they are received from your agency or end client then use the Faster Pay Service to ensure that monies will reach you within 2 hours of the payment being sent.
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Do you deduct tax at source?All relevant deductions are made in accordance with HMRC regulations: relevant income tax and NICs that are due will be deducted at source.
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Is there a minimum term I have to work with you?There is no minimum term.
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What if I have multiple contracts?You are engaged under an overarching contract which means that you can work on as many contacts as you like and be paid through a single payroll system.
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Will you provide a reference if I apply for a mortgage?Yes we can supply information to your mortgage lender about your employment with us.
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Am I insured whilst I work with you?We provide professional indemnity insurance cover up to £2million, public and products liability insurance cover of up to £5million and employer’s liability insurance with cover up to £10million.
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Will I be affected by IR35No. As an employee of Hydro you will not be affected by this legislation.
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Can I switch from my existing Umbrella company?We are delighted to welcome established contractors to Hydro. We have made the process to switch over to us incredibly easy and quick. Just request a P45 from your existing contractor and forward it to us. In the meantime we will be working with you to set you up on our systems.
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