- One stop solution for Payroll, EoR & Recruiting
- Easy entry into new market
- Substantial savings compared to the existing cost structure
- Full compliance with laws & regulations
- Complete flexibility and scalability in business expansion
Why Singapore Companies Hire Indian EOR & PEO service Provider?
In a globalized world, where talent knows no borders, Singaporean companies are increasingly turning their gaze towards the vast pool of skilled professionals in India.
The Indian subcontinent has emerged as a powerhouse for technology, innovation, and a diverse talent pool, making it an attractive destination for Singaporean businesses seeking to expand their operations. Setting up operations in India allows them to tap into a rich talent pool while benefiting from lower operational costs.
Moreover, being an Indian payroll service provider, we facilitate payroll administration tasks, encompassing payments, filings, and various calculations. Our capabilities extend to addressing the payroll outsourcing requirements of organizations, regardless of their size.
If you are considering hiring for strategic expansion or to fulfil specific talent requirements in India, Fractional HR services will be your options for international hiring.
Connect with us today to ensure you make the optimal choice for your organization.
How It Work
Hire the talent
You can hire a candidate or let our recruitment team do it for you. Our HR consulting services will lower your burden and gain advantage of depth market knowledge, cost-effectiveness, access to diverse talent, multilingual and cultural understanding, time zone advantage, scalability, and compliance expertise.
Onboard your Team or Individual Contractor
Whether it’s full-time employee or Individual Contractor, a smooth onboarding process helps create a positive first impression of your company, which can boost engagement and productivity right from the start.
Staying compliant with ever-evolving laws in the local labor landscape
Employer of Record (EOR) services assist companies in staying current and compliant with these continually evolving regulations, thereby reducing the risk of potential legal issues. Our team oversees diverse labor-related regulations, encompassing minimum wage laws, overtime rules, and leave policies, throughout all regions where your staff is located across India. Whereas, NSquareIT acts as PEO, the final responsibility of compliance with local labor laws falls to you.
Streamline Payroll Process
Payroll service lies into both arrangements either act as EOR or PEO in India. It’s very crucial activities of among other as it involves money transfer with accurate calculations of employee working days/hours, leaves, benefits, reimbursement, and many other elements. We streamline the payroll process and ensures people are paid on time.
PEO vs EOR: Which is right for your organization?
The primary distinction between PEO and EOR lies in their roles: a PEO serves as a co-employer, whereas an EOR assumes the legal employer status for a company’s dispersed workforce.
EORs and PEOs help companies expand their HR offerings, including hiring, onboarding, and employee benefits. Understand more in details about PEOs and EORs, their key differences, and critical decision-making factors when choosing a solution for your organization.
What is EOR?
An Employer of Record (EOR) is an external entity that assumes the complete legal employer role for your workforce, managing all associated responsibilities on behalf of your company. By taking charge of human resources tasks, the EOR handles the onboarding, payment, and management of your supported employees, allowing you to retain control over day-to-day operations.
What is PEO?
A PEO is a co-employer that acts as your company’s outsourced HR department. This means that working with a PEO relieves you of HR-related responsibilities, but your company is still held accountable for both legal and day-to-day operations—including registering your business where you hire talent.
Two major factors to consider when deciding between a PEO and EOR
NSquareIT Offshore Agency is intimately familiar with the different challenges companies face when hiring international workers.
If you are not sure what kind of help you need to work with India talent, we recommend starting by considering a few basic questions.
If you lack distinct entities in India, you may encounter significant expenses in creating new entities and ensuring compliance with local laws. Rather than undergoing the complexities of establishing new entities or refraining from hiring talent in various locations, consider partnering with an Employer of Record (EOR). An EOR acts as a surrogate entity on your behalf, establishing a compliant employment framework.
Alternatively, if you already own or plan to establish an entity in India, we can be your local Professional Employer Organization (PEO) partner and handle HR services in that area, allowing you to concentrate on team management.
Expanding and hiring in overseas country can be a costly endeavor for small businesses and startups. If your business is in the process of opening a new entity in India, contemplating a PEO to act as a co-employer and handle HR tasks in the new locale is a strategic move.
On the other hand, if your business aims to recruit in a new location or multiple countries simultaneously, an Employer of Record (EOR) can streamline the onboarding process and shoulder the responsibility for ensuring compliance with labor laws.
Fortunately, NSquareIT Offshore Agency provides a blend of both services.