KIDs are nothing to do with young people or goats, KIDs or Key Information Documents are tailored information guides designed to give agency workers useful information.
Want to know more? Here’s our quick guide to KIDs for agency workers.
What does KID stand for?
Key Information Document
What is the purpose of the KID?
The Key Information Document (KID) is intended to improve transparency of information for agency workers, particularly around pay. It will give agency workers clearer pay related information before agreeing terms with an employment business and a help workers understand how any fees and deductions will affect their pay whilst on assignment.
Does a KID show exactly what I will earn?
Not necessarily. Whilst it may do, the document is designed to give agency workers a brief overview of how their prospective terms of engagement affect their pay. The figures in the key information document do not need to be completely reflective of what an agency worker may actually go on to earn in an assignment, but rather will demonstrate how a proposed rate of pay is affected by fees and deductions.
KIDs must, though, clearly reflect the minimum amount an employment business expects to achieve for the agency worker.
What information is in a KID?
- The minimum amount an employment business expects to achieve for an agency worker
- Contract Type
- Pay intervals
- A description of all deductions to be made to a worker’s pay – both statutory eg income tax and non-statutory eg private health care as well as fees eg cost of a DBS check
- The amounts to be deducted OR an explanation of how they are calculated
- Any other non-monetary benefits the worker might be entitled to.
- Leave entitlement
- Representative example to demonstrate how the listed deductions will be made to a rate of pay
- Method of payment eg PAYE, umbrella company
Will agency workers receive a new KID for each assignment I work on?
No, because the figures in a key information document do not need to be precise final figures, they do not necessarily need to be revised for every assignment.
They only need to be updated as and when the information contained within them changes. This might for example be when a new deduction is made, such as student loan repayments or contributions to a private healthcare scheme.
When do agency workers receive a KID?
All new agency workers[AB1] should receive a key information document before agreeing contractual terms.
When did KIDs start being used?
Changes which meant KIDs were required for employment businesses to comply with regulation 13A of the Conduct of Employment Agencies and Employment Businesses Regulations 2003 (the ‘Conduct Regulations’). took effect from 6 April 2020.
Are you hiring agency workers for your team?
Get in touch with Escape’s Engineering recruiters. [call back form]
Or are you on assignment with Escape and have more questions?
Get in touch with your recruiter directly or contact our compliance team at [form]