With the construction industry forecast to rise to revenues of £404.13bn in 2024, it is a sector poised for substantial growth. But this upsurge is not without its hurdles. Contractors, both large and small, may be gearing up to grow their teams, but navigating workforce compliance can be a daunting shadow over this potential growth.
Effective workforce management involves a delicate balance of legal compliance, operational efficiency, employee satisfaction and financial responsibility, which can prove challenging for many businesses. With business owners often consumed by the daily grind, any tool or service that can alleviate the burden of administrative tasks and guarantee compliance is not just helpful, but a game-changer. It frees up precious time and energy, allowing them to focus on growth and innovation.
“Many contractors just don’t understand the strict legislation they have to comply with, nor the processes or systems they ideally have to have in place to protect themselves and their workforce,” explains Katie Hunston, Indigo Group’s Regional Sales Director.
“I talk with our customers on a daily basis – which include contractors of all sizes – and it really is all about educating them on what they need to be doing to protect their business. Practical advice is so valuable to all businesses in our sector, whether the owner is up on a roof doing the job, or behind a desk managing thousands of workers across large projects.”
The good news is that technology is on hand to help. The MyIndigo platform has been launched to simplify and streamline the process of managing a compliant workforce. With a focus on efficiency, transparency and ease of use, MyIndigo offers a comprehensive solution for businesses of all sizes. Indigo Group has put together a simple, practical guide that highlights how technology and expert knowledge can combine to help hard working contractors manage workforce compliance:
- Make it easy from the start
Simplify the registration and onboarding process for contractors and workers. A dedicated team ensures a smooth transition to the MyIndigo platform, allowing you to stay updated, access registration profiles, verify right-to-work details and check compliance status. Indigo partners with a certified DIAFT (Digital Identity and Attributes Trust Framework) provider to deliver a secure, streamlined and convenient onboarding experience.
- Nail IR35 Compliance
Understanding IR35 regulations can be complex, but help is at hand. The platform features a comprehensive IR35 assessment and management module. A team of experts is also available to guide you through the intricacies of IR35. They can let you know if you need to comply with IR35 rules and provide support and solutions if you do, ensuring peace of mind.
- Streamline invoicing
Centralise your invoices and enhance visibility. MyIndigo’s extensive search and filter functions make it easy to review payment histories while the yearly summary dashboard includes your company’s credit report, provided by approved partner, Creditsafe.
- Automate Alerts
Stay on top of compliance with automated in-system messages and alerts. You can relax, knowing that you’ll be promptly notified when compliance issues arise. Additionally, notifications from Indigo will alert you when contract remittance and payment notices have been accepted, ensuring seamless communication.
- Empower Your Workforce!
Technology isn’t just for employers; it should also benefit contractors and workers. The MyIndigo platform includes a dedicated contractor hub where they can access remittances, payslips, end-of-year statements and valuable industry guides while up-to-date self-employed workers rights and advice is easily accessible through the company’s various industry partners. The platform also offers subcontractors rewards and benefits, including discounts of up to 55% at over 130 top UK retailers and attractions including B&M, Costa, Just Eat and Sky Store.
Indigo can also take care of insurance: the company can deal with Public Liability and Personal Site Insurance, so as a contractor, you won’t have to worry about the cost of accidents on site.
For more information on MyIndigo, click here