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Showing posts from September, 2022

What You Need to Know About PEO Services & How It Can Help Your Business

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If you are managing a new company, you know how challenging it may be to manage the finances while concentrating on expansion. This conflict between wanting to grow more and needing to manage finances is a problem for many start-up businesses. PEO services are widely used by companies that seek to outsource all of their human resources. While enjoying the advantages of collective bargainings, such as compensation, payroll, and other costs associated with human resources, they wish to reduce their risk and exposure. The PEO (Professional Employment Organization) functions as a full-service external human resources department, much like CFO consulting services. This article examines  professional employer organisations in India  and how they can benefit your business.  

Things to Look for When Choosing an Employer of Record

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Global companies that want to engage highly skilled and qualified Indian workers are weary of the tax and regulatory requirements since they can add unneeded costs. These companies may easily hire and onboard employees in India with the help of an EOR provider in India , also referred to as a PEO service in India, without having to incur the expense and risk of setting up a local corporation. This blog lists three things you should look for before signing an EOR contract. 1 – Proficiency in labour and contract law To simplify your international expansion and quickly assemble your team, your chosen Employer of Record in India or PEO service in India should be aware of the centralised Labour Laws and be required to include localised perks and essential elements in the contracts of its employees. 2 – Safeguarding intellectual property A clause protecting intellectual property will be included in the contract of a company offering EOR services in India. This implies that the co...