Umbrella Companies - History
Responding to a need
The umbrella company system was created in 1985 to give executives and senior technicians looking for work an opportunity to perform assignments for companies. To accompany these executives and the companies working with them, the umbrella company was a necessity. The executives were employed by the umbrella companies so that they could work for their clients as freelance consultants. Today, the system attracts increasing numbers of young graduates in search of work. It is also an ideal solution for women who want to reconcile family life and career.
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