The wage portage is the ideal way of working for those who wish to work for themselves while having the same benefits as a normal employee. However, many questions still arise about salaries and PEO fees. So how much does it cost to switch to wage portage? Here are our clarifications on the subject.
An interesting financial advantage
PEO does not offer the only advantage of becoming self-employed: it also offers a significant financial advantage. Indeed, thanks to his particular tax status, the wearer is able to earn more than a permanent worker, provided that he knows how to properly manage his resources and provisions.
In addition, some European countries offer more flexible taxation to the self-employed. This is the case, for example, in Germany and England, which allow the tax exemption of part of the travel and subsistence expenses of workers in wage portage.
The salary in wage portage is now better regulated. Indeed, a collective agreement has been in place since July 1, 2017, and will be applicable for 5 years so that the activity of wage portage follows a regulatory framework. There are now three salary categories: the junior employee, the senior employee and the day employee.
The junior employee applies when the carrier has less than 3 years of seniority in his activity. It can be a manager, a technician, a supervisor etc. His basic monthly salary is then greater than or equal to 70% of the monthly social security ceiling. A junior employee can therefore earn about 2,288 euros gross.
The senior employee must have at least 3 years of seniority in the PEO activity, and generally has executive status. The amount he will earn per month will be greater than or equal to 75% of the monthly Social Security ceiling. He can therefore earn from 2,452 euros gross.
Finally, we have the employee carried to the day package. The latter must imperatively have an executive status, and his basic monthly salary is at least equal to 85% of the monthly security ceiling, regardless of his seniority. He will then earn from 2,778.65 euros gross.
In wage portage, the portage company takes a commission on the consultant’s turnover. In order for the wear’s activity to be as profitable as possible, it is essential to choose the portage company offering the best support services (legal assistance, professional liability insurance, access to a training course, etc.) as well as the most interesting management fee rate.
In general, the management fee rate is around 10% of turnover, but it can vary from 3% to 15%. However, you have to be careful, because the portage company offering the smallest percentage is not necessarily the most interesting. It is also necessary to take into account the differences in services and the elements not included in the basic package. It is then advisable to carry out a small market study before making your choice. Opting for an experienced portage company with a large national network like Rh-Solutions would be a wise choice.