Umbrella Holiday Pay, The time for a unified and committed voice for contractors has arrived!

July 14, 2023 1 Min read Views 47 BLOG

Moneybox, the BBC Radio 4 programme, exposed that an umbrella member of the FCSA pocketed the holiday pay of contractors who were legally entitled to it, and they each received a pay out of around £6,000! Based on insider information it has come to light that the Moneybox discovery is only the tip of a large iceberg. By using a legal loophole, pocketing Holiday Pay has been an unchecked endemic practice of many FCSA umbrellas for many years. This means that 10’s of millions of pounds of Holiday Pay legally due to hard working contractors could have been pocketed to add to the already vast wealth of the FCSA umbrellas.

Tags: FCSA, FCSA umbrella company, Umbrella Holiday Pay

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