Payment terms
Before you commence your contract (start date)
Sign the Project Resource Limited contracts sent to you and return them to:

Contracts Team
Project Resource Limited
Hanover House
2nd Floor
202 Kings Road
Reading
Berkshire
RG1 4JJ

Ensure all contract details are 100% correct, and that you have sent to us copies of your insurance certificates (and these are valid for the duration of the contract), Limited company certificates, and VAT certificate (if VAT registered). Failure to provide these documents would invalidate the contract, and may delay payments being made to you.

Timesheets
You will need to complete timesheets on a weekly basis in accordance with your contract rate (either hourly or daily).

If you work an hourly rate, then enter the number of hours worked for each day. If you work a daily rate, then enter 1 for each day you have worked (in accordance with the agreed number of days in your contract).

In relation to any overtime worked, please express any additional hours or days to the nearest 15 minutes (hourly rate) or .25 (quarter of a day) or multiples thereof.

Example 1:
Daily rate contract (standard day equalling 8 hours)
You complete an extra 2 hours on 1 day, then you will express this on the timesheet as “days worked” = 1 (always the case for a standard day being completed), overtime = 0.25 (where 0.25 equates to 2 hours, on an 8 hour day contract).

Example 2:
Hourly rate contract (standard day equalling 8 hours)
You complete an extra 2 hours, then you will express this on the timesheet as “hours worked” = 8 (always the case for a standard day being completed), overtime = 2 hours.

Timesheet signatory
You need to get your line manager or other designated signatory to sign every timesheet on a weekly basis. You keep one copy (or forward to your Limited company), your employer keeps one copy, and all other copies must be returned to Project Resource Limited. Failure to do this may result in delays to payments.

Click to Download timesheets (pdf format)

Every Friday
Ensure you get an original timesheet signed by an authorised signatory and post the copies to:
Accounts Payable
Project Resource Limited
Hanover House
2nd Floor
202 Kings Road
Reading
Berkshire
RG1 4JJ

You can fax copies of timesheets with your company invoice to Accounts Payable at Project Resource Limited on 0118-952-2241 to ensure they reach us before our weekly deadline (each Wednesday at 12pm). It is imperative that you must still post the original copies of both timesheet/s and invoice/s to us.

What will happen in the background?
We will correlate a summary of hours or days worked from your invoice and timesheets submitted to us, then pay your Limited company under the contract payment terms according to your contract.

You will be paid weekly, 28 days after receipt and processing of invoice (unless in special circumstances other payment terms have been agreed). We process timesheets and invoices every Wednesday (12pm receipt deadline) and payroll every Friday, so the sooner you send in your timesheet and invoice, the earlier we will process payment for you. Please note that incorrectly filled in or unsigned timesheets will delay payments.

We will keep you informed of any problems should they arise.

Contact us
If you have any questions regarding your contract throughout the contract duration please speak to your dedicated Project Resource Limited recruitment consultant on 0118-952-2240.

If you have any questions regarding payments throughout the contract duration please speak to our Accounts payable department on 0118-952-2240.