Things to Look for When Choosing an Employer of Record
September 28th, 2022
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 corporation or the client ultimately owns all intellectual property. This offers you complete command over an employee’s business and intellectual property.
3 – Internal teams and expertise
Relying on outside partners to handle HR administration and manage local staff can result in bureaucratic, delayed decision-making.
Find an Employer of Record in India with the local knowledge and internal team to keep the best contract workers/employees.
Ending note
EOR services in India can help you onboard your preferred candidate, take care of HR and payroll difficulties, and ensure compliance with local laws—all without the burden of opening a foreign office or subsidiary. NSquareIT provides PEO services in India to help you scale your business quickly.