Which umbrella employment company suits you?

Start with three things: which assignments you do, how much you invoice and when you need the salary. First check that the service can handle your work. Then compare the cost, the payout model, the insurance and the contract terms. A service that fits recurring consulting assignments is not necessarily the best choice for a one-off extra job.

The page compares WorkNode with, among others, Cool Company, Frilans Finans, SAMpoolen, Utbetalning.com, Konsultfaktura and Cansolo. It is a selection of services, not a complete map of the market. Check the source, date and terms of the price for the service you are interested in.

Calculate the cost in kronor for the same invoice amount excluding VAT and the same time period. A fee of 3.95% is for example SEK 1,975 at SEK 50,000 of invoicing. A monthly price of SEK 995 then equals 1.99%. For a subscription, months without invoicing during the commitment period should also be included.

A lower service fee leaves more before the other calculations, but net salary is also affected by tax, employer contributions, pension and approved costs. Compare the same assumptions across all services. Also look at the pension contribution, so that a larger payout to your bank account is not only the result of lower pension savings.

With payout after the client’s payment, the client’s payment terms affect when you receive salary. Payout before the client’s payment can involve a credit check, approval and special terms. Also check any costs and what happens if the client does not pay or disputes the invoice. Compare both models based on how soon you need money between assignments.

No. The scope and terms can differ. Check which tasks the insurance covers, whether add-ons are needed and what is required for the collective agreement’s terms to apply. At WorkNode the assignment needs to be registered and assessed from the right information. Read the terms before the work starts.

Umbrella employment fits when you want the payment as salary and let another provider handle invoicing and employer administration. Your own company can fit better if you want to hire, make larger investments or build assets in the business. Compare the cost together with the time and responsibility for the administration.

The comparison is published by WorkNode, which is also one of the services being compared. The prices have linked sources and a verification date so you can check the basis yourself. The result shows the cost with the stated assumptions and should not be read as an independent rating of the services’ quality.