Vector Live

202 Contractors

196 United Kingdom

2 Jersey

2 Italy

1 Germany

1 United States

The map is live fed from our own contract management system and shows where we have contractors working throughout the UK and rest of the World.

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Contract Job Search

Always delivering the best for our clients and contractors

Our recruitment experts are equipped with extensive knowledge of the contract market and our suppliers trust us to discuss real opportunities with current and appropriate market rates and conditions.
Working only with a small number of applicants per role, we invest time in ensuring that their skills have been properly qualified against the client requirements. Technical references will have also been taken in advance; this approach results in a very low interview to placement ratio per requirement, minimising the impact on everyone’s time during the recruitment process.
We have developed and continue to enhance ‘Vector Live’, our contracts and timesheet management system. Contracts can be prepared and distributed for approval within 15 minutes of instruction, enabling very quick and convenient assurance that the requirement is filled and the assignment secured.

AWR, Employment Agency Regulations and IR35

The Agency Workers Regulations (AWR) came into effect in 2011, and ensure that temporary agency workers are given the same basic rights after 12 weeks in the same assignment as those on permanent contracts of employment in a comparable role. This would cover pay, working hours, breaks and holiday entitlements.

Umbrella companies are included within these regulations, as all income is processed through the company, and is treated as “employment income”, making the contractor an employee of the umbrella company. If, as a contractor, you use an umbrella company as your supplier, comparator information can be obtained and given to that company to ensure compliance with AWR, after 12 weeks.

However, AWR excludes workers who operate their own Limited company, considering them to be genuinely self-employed, with the ability to provide a substitute, and where the client is of a business undertaking. So, if you are a contractor, operating your own Limited Company on an assignment, and if you opt out of the Employment Business Regulations 2003, you are out of scope of AWR.

Bespoke Professional Indemnity Insurance

Professional Indemnity insurance provides you with financial protection for your company in case any claims are made against you, including damages that may become payable. It also covers other costs you may incur in the defence of any claim.

The number of insurance options available can be very confusing, so we have developed a package that is ideal for IT contractors who want to insure themselves fully at a competitive rate. This package has been developed in partnership with Lark Insurance Brokers Group and Hiscox.

We recommend that all contractors are insured to a limit of £1,000,000 as a matter of best practice.To find out more about our Professional Indemnity Insurance, call us on 01892 771447 or email us (gw@vector-uk.com).

Setting up a Company

Contractors generally work through their own limited companies, due to the current tax advantages, and we would strongly endorse this approach.It is easy to set up your own company. Either visit the Contractor UK website or apply directly through Companies House.

As an owner of a limited company, you are protected against liability for the company’s debts – so should the company become bankrupt, you will only lose the value of your shares. As a director of that company, you would not be liable to the company’s debts either (unless it can be proved that you have acted improperly or committed an act of fraud under company law).

Don’t underestimate the importance of a good accountant – indeed there are many Contractor Accountants who will set up your company for free if you sign up as a client. Choose someone you are happy with who understands IT contracting – geographic proximity is a useful benefit too.For more information on running your own company visit the Contractor UK website.