Salary Management will work for you by giving you an alternative employment arrangement but still staying within the law of the land. In fact, it could effectively produce a situation that increases the individual’s take home pay – they feel they are being better looked after by you and you are offering them a chance to play with their own financial destiny within your organisation. This is how loyalty will be built.
The ‘New World‘ of workers will combine the freedom of freelancers and contractors, but with the loyalty of long-term employees if treated correctly. These ‘independent salary workers’ are the same as the old workers, but they have the flexibility to run their own show in regards to their income and they feel more in control of their individual future.
These ‘independent salary workers’ can be employed but not paid by their employers! Instead they will be paid by a salary management company to whom the employer has outsourced the work – yet the ‘independent salary worker’ is still treated and seen as an employee of that company. It’s a total mind shift in the way the individuals are employed. Yet the loyalty and employer branding remains strong because the employer is actually giving more benefits than they would be able to if they were employing the individual directly, thanks to the salary management and packaging benefits they can offer by using Pendragon’s salary management service.