Went to a job agency......

lazymoezy

Yesterday, I went to a job agency with friends, I asked for a job at twickenham rugby stadium as I know a few people who got jobs there via this aggency. I didnt apply as i didnt have my passport, my friends did and they are more than likely to get a job there.

BUT how do these agencies work? how do they make their money? also we have to collect our payslips every week from them.

Thanks,

-MoE-

black-saturn

The employers pay the agency a hefty sum of money to advertise the job, interview people and do any other admin jobs.

lazymoezy

I was wondering how they make their money. I thought they also get a cut of our wages. I went to one and they were swearing whilst talking to eachother, very un-organised and didnt look up for it at all. As long as I get the job it's all good. They dont do interviews either, I think they avoid it as its time consuming and just let epople have the job, as long as they get thier money.

Thanks for the help.

Sillychuckie

I used to work for a company in a job I got through a job agency. As part of my work there, I also handled some of their accounting... To give you an idea of how the agency made their money:

For every hour I worked at this company, the company paid:
Agency: £11 p/h
The agency then paid:
Me: £6.50 p/h

They made the agency a nice profit of £4.50 per hour, for doing nothing.
I tried to suggest to the company that they drop me from the agency, and I come back on the quiet for £8 p/h, but they didn't fancy it. Apart from breaking the contracts with the agency, the agency provides insurance cover and afew other perks.
Should I ever have become full time also, the company would need to pay the agency a hefty sum... Somewhere in the region of 3-5k, to remove me from the agency books and then pay me directly.

I grew up to think of them as theiving sods really. They make plenty of money out of our hard work. Still, I wouldn't have got the jobs without them, so fair is far, to some extent.

lazymoezy

Exactly what I thought. Thanks mate.

Im only getting the job for 2-3 months at most, I could probably quit and apply properly with RFU again. I know quite a few people who work for the stadium, my salery would be about £5-6 a hour. Its about 10 hours a day doing NOTHING, all my mates who work there say they just sit around talking to eachother and having fun, only on matchdays is it busy. That's why I am applying: easy, fun and friends. ahha.

Thanks for the info much appreciated.

Savvy_Sue

lazymoezy wrote:

I was wondering how they make their money. I thought they also get a cut of our wages.

I wouldn't describe it as 'taking a cut of your wages', but yes, there is a big gap between what the agency pays you and what the company benefitting from your services pays the agency. But the hourly rate the agency quotes to you is the rate at which you should be paid, although you might have tax and NI deducted if you're earning enough.

lazymoezy

Talking of the IR who are accross the bridge from me. They wouldnt tax me would they? I am 1. A student 2. Would be working 2-3days only 3. should'nt be earning more than £150 out of the 3 days.

I heard no matter how much you earn as long as your a student you dont get taxed, Im talking about being in college not UNI or anything. Am I right?

Thanks,

-MoE-

surfcat

lazymoezy wrote:

Talking of the IR who are accross the bridge from me. They wouldnt tax me would they? I am 1. A student 2. Would be working 2-3days only 3. should'nt be earning more than £150 out of the 3 days.

I heard no matter how much you earn as long as your a student you dont get taxed, Im talking about being in college not UNI or anything. Am I right?

Thanks,

-MoE-

No, you're wrong. You can be a student, a full time mum or a pensioner, but if you have a taxable income (ie not a loan or grant) then it will be taxed.

from the revenue and customs website: If you are under the age of 65 your personal allowance for the 2005-06 tax year is £4,895. This means that we will not tax £4,895 of your income in this tax year. The amount of this allowance is not affected by your income.

(see http://www.hmrc.gov.uk/pensioners/personal_allowance.htm)

So if you get your £150 a week for, say 48 weeks a year = 7200, which exceeds the 4895 threshold by 2305. You will be taxed on this amount. Also you will ave national insurance contributions to pay.

If course if you mean that you would be working for JUST 2-3 days in the year, then of course you wouldn't be taxed, but you would have to tell the employer to put you on a low eranings tax code.

lazymoezy

Oh ok I see. I wont be working for 48 for sure. It'll be till the summer holidays and or the latest till september, so, I wont be taxed then.

Thanks,

-MoE-

grex9101

lazymoezy wrote:

I heard no matter how much you earn as long as your a student you dont get taxed, Im talking about being in college not UNI or anything. Am I right?

NO, basically.

Everyone gets taxed over their threshold level. Students are not exempt from this i'm afraid

jojo2004

surfcat wrote:

If course if you mean that you would be working for JUST 2-3 days in the year, then of course you wouldn't be taxed, but you would have to tell the employer to put you on a low eranings tax code.

Even then they don't always do this right, so if you find tax goes out of your pay, write the IR a nice letter at the end of the job (the politer you sound, the faster they reply! Honestly - have had to do this for years) quoting your national insurance number and including your P45, you'll get it back in 3-4 weeks.