Benefits of employer of record in india


EOR provider in India.

Benefits of an employer of record

[1] It can help with workload

An employer of record designation allows you to carry out operations without the hassle of administrative costs. It allows you to hire additional employees and pay just a small percentage of their salary in taxes rather than all of it. This is a huge advantage, especially if you are working on heavy volumes and need more manpower. With more workers comes more work and no dedicated HR professionals to manage that extra workload

But if you have an EoR, all these responsibilities shift to that company that is your EOR provider in India.

[2] It can help with HR

Hiring contractors can sometimes be a bad experience – in the long run. First of all, you have to spend a fortune on HR and training because your team and staff need to get better every day.

[3] It can help with severance packages

EOR services benefit Indian companies in another way – when you have to pay severance packages to your employees. Hiring employees on time and getting them trained is important.

But it doesn’t exempt you from the consequences when you have to let them go and provide them with a severance package. An EOR can help with all the formalities within the legal and HR stipulations in place.

[4] It can help with visa issues

It is not uncommon to hire employees who are not from the same country as you. And it’s even less uncommon for an employee to quit or be terminated because of visa issues. An EOR provider in India will make sure the employee has all the documents and visas in place. It also helps with illegal immigration cases or any other legal mess you might land yourself in because of an H1B issue.

[5] It can help with outsourcing

An employer of record in India can be used to outsource and hire employees who have no ties to the company.

This is a common practice among companies and helps them immensely with their outsourced operations. An EOR company will hire workers on your behalf and act as an employer of record for those employees.

 

 

 

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