Benefits of employer of record in india


India employer of record

With innumerable advantages, it has become easier for Indian businesses to hire employees formally on an Employer of Record (EoR) basis. The other alternative is hiring contract employees who work for a contractual duration. But before we go into the benefits that make Employer of Record beneficial for Indian companies, let’s see what this term actually means.

An employer of record provides the same benefits as traditional employment but without the legal consequences typically imposed by law on employers. This includes substantial tax savings or exemptions as well as liability protections. A large number of US employers opt for an Employer of Record designation, particularly when it comes to paying Social Security and Medicare taxes.

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