A leading employment and payroll solutions provider with over two decades’ worth of experience in the umbrella sector, Parasol has managed payments for over 250,000 contractors and 3,000 agencies thus far. We collaborate closely with agencies to streamline and improve employment processes.
We understand that compliance forms the backbone of your industry – that's why it’s at the heart of everything we do. Not only are we FCSA accredited, but we’re also certified by Cyber Essentials PLUS, ensuring only the best when it comes to security and safeguarding data.
When you partner with Parasol, you’ll be supported by a dedicated Client Relationship Manager and a Regional Account Manager, both backed by a team of experienced in-house compliance, HR, and support specialists who are always available to assist when needed. This enables you to focus on what you do best, sourcing and placing candidates.
Our comprehensive suite of compliant, secure, and trusted solutions includes umbrella payroll, CIS for construction workers, global payroll, agency payroll and accountancy services, compliance support, and recruitment finance. As part of the Caroola Group, we also provide access to specialist contractor accountancy and tax services through Caroola Accountancy.
By partnering with Parasol, you gain access to our full suite of solutions, along with advanced tools and a network of specialist expertise to help you stay ahead of industry changes and achieve lasting business success.
Benefits:

• Recruiter Hub: An online hub home to a wide range of
resources, guides, and online tools. Designed to support
the needs of recruiters to help you meet the demands of a
continuously evolving sector.

• Private Pension Top-Up: Your contractors can boost their
pension pot by 11.5% when they contribute to a private
pension through us.

• Specialist Advice: From financial planning and investment
to pensions and mortgages, get access to advice delivered
by specialists who understand contractor pay structures.

• MyMarketPlace: Both you and your contractors can access
exclusive deals and special offers on mortgages,
insurance, pensions, and more through our industry-
leading platform.

• Perks & Rewards: Your contractors can save £1000s every
year at top brands like John Lewis, Beaverbrooks, and
Starbucks. Plus, even more perks like a fuel card, private
medical care and a 24/7 online GP.