Pay Calculators | Marsh RPF

Your contract

Day rate

£a day

How you're paid

Own company, outside IR35 Umbrella, inside Agency PAYE

Not sure which applies? Our IR35 for contractors guide explains who decides.

Days you'll bill a year

days

202 is 260 weekdays less 33 days' holiday, 5 sick days and 4 weeks between contracts.

The permanent job

Bonus

% of salary

Employer pension

% of salary

Car or allowance

£a year

Standby, call-out and overtime

£a year

The permanent job

Salary

£a year

Bonus

% of salary

Employer pension

% of salary

Car or allowance

£a year

Standby, call-out and overtime

£a year

Other benefits, at what they're worth to you

£a year

Such as a van you can take home, private medical or enhanced sick pay. You'd have to pay for these yourself as a contractor.

Contracting

Days you'd bill a year

days

202 allows 33 days' holiday, 5 sick days and 4 weeks between contracts.

Your contract

Day rate

£a day

Compares the same rate paid three ways. Agency PAYE rates are usually lower than umbrella rates for the same job.

Days you'll bill a year

days

A staff hire

Salary

£a year

Bonus

% of salary

Employer pension

% of salary

Car, van or other allowances

£a year

Overheads

% of salary

Recruitment fee

% one-off

Time to full output

weeks

Overheads cover kit, cards, training and a desk. Until they're at full output we count a new starter at half output, so their early days cost more. Set the fee to zero if you're hiring direct.

Your pay bill is over £3m, so you pay the apprenticeship levy

A contractor

Their day rate

£a day

What the contractor is paid, before any agency margin.

How they're engaged

Outside IR35 Inside, via an agency Inside, you pay their company

If you’re a medium or large client, you decide IR35 status. Talk to us about who pays what on each route.

Agency margin

% on the rate

Days you need them

a year

222 is the days a staff hire works, so the two compare like for like.