A newly appointed Compliance Manager was tasked with getting the recruitment company ready for a trade sale. Management was concerned about any hidden risks that could deflate the price a buyer would pay.
The Compliance Manager asked us in to advise the Compliance Manager how we could design ourselves our of the contract chain. We enquired what interest we could have in this question? We felt the approach was wrong. What we believed the recruiter needed was not directly engaged contractors but contractors where the residual risks were as low as possible. Bringing compliance in-house was not the answer. A full review of problem cases was.
We offered for gratis the use of our compliance platform to highlight at-risk clients and the steps to remedy any compliance shortcomings.
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