Wage portage
What is wage portage?
Tripartite relationship between 3 actors: the consultant on one side, the umbrella company on the other, and finally, the client company. Wage portage allows independent consultants to benefit from the advantages of being an employee (monthly salary, social security, retirement plan…) while remaining autonomous in their activities.
The consultant is free to choose a client and umbrella company. He generates a turnover that the umbrella company transforms into a monthly salary, in addition to advising the consultant throughout the mission.
Umbrella company
It acts as an intermediary between an independent consultant and its client whose need is limited in time and resources. The umbrella company concludes the contract of wage portage and is paid for managing the administrative part (drawing up contracts, invoicing, providing legal counselling, etc)
Wage portage: advantages
The independent consultant
Under a wage portage contract, the consultant is responsible for prospecting and negotiating directly the compensation, duration and terms of the contract with the client. The consultant has the advantages of being an employee (monthly salary, social security, retirement pension…) while remaining autonomous and independent.
The compensation depends on the turnover the consultant has invoiced during the month, taking into account the related fees.
The client: 3 reasons to choose wage portage
A better resource management
It allows companies to adapt their resources to their needs. In a wage portage contract, employees are not part of the company's payroll.
Expertise
Thanks to the wage portage, the company hires an expert who is available and operational. This saves time on training but also allows the company to have a fresh insight on how to fulfil the mission.
Delegation
Weepo takes care of drafting the contracts and the administrative follow-up of the consultant. Our advisors are available at any time to discuss with both sides.