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What money does a company save by making its employee self employed?
Wiki User
∙ 14y ago
In the UK the saving to the company is the saving on employer's national insurance which is currently 12.8% with a 3.7% rebate for contracted out salary related pensions.
In addition if the employer provides pension contributions then this will be a saving on an amployee transfering to self employed. This can vary between <1% to >20% depending on how generous the employer is and what type of pension scheme the employer offers
Wiki User
∙ 14y ago
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