Every organization is eyeing a smooth, strategic and cost-effective gateway to its talent pool without setting up a legal institution on their own to do the aforementioned. Out of this, arises the requirement of collaborating with a well-established EOR (Employer of Record) who through their proficient outsourcing system and operational excellence enable staffing transformation by blending in services that range from employment contracts to statutory benefits administration to HR operations.
India is the nucleus of EOR service providers in the world. Why? Well, there are numerous critical factors that position Employer of Record services as the most competitive in this country out of all EORs on paper in the globe. From transforming businesses’ capability to operate all over the world to ensuring end-to-end and thorough employee management, an EOR is critical to any organization’s long-term lucrativeness and sustenance.
Thus, for businesses that are either already spread out globally or looking to expand, hiring an Employer of Record in India is the key to workforce mobility as it brings together every aspect of staffing without complete legal compliance and operational efficiency.
“The ecosystem in India is one of operational excellence, skilled and diverse talent, and immense scalability potential. So, the EOR models here don’t just offer talent, they bind every aspect of your business together into one composite whole so that your company image and business operations keep expanding with total sustenance” Vishal S. Chaudhary, Director of Staffing & Placements, Dexian
Why Should You Opt for EOR Services in India?
Go through this in-depth dive into the factors that make EOR services the number #1 globally:
Setting up an entity or an institution that legally binds all the staffing necessities and formalities together can be time-consuming and overpriced. Tying up with an Employer of Record in India indicates that you can remain fully compliant with the legal side of things without having to set up a subsidiary on your behalf in your attempts to organize thorough administrative and employee management systems in your own company. This is not possible elsewhere.
The complex and ever-changing labor laws that are inclusive of everything from HR proceedings to statutory deductions are all taken care of by the EOR. This complete alignment allows you to go about your own business operations confidently without having to worry about the legal frameworks.
Employees in India can be onboarded by EOR providers in India in as fast as less than 2 weeks. Such smooth streamlining combined with local expertise and an established working infrastructure is only possible by providers in this country as this is their sole business, and legally they are allowed to just be an institution on their own.
EORs in India are workforce coordinators that bring together the huge, diverse and skilled talent present in India and then provide you with instant access to them without sapping your energy away in long, dreary recruitment cycles.
Onboarding and offboarding procedures come with employment contracts, payroll, benefits, tax filings as well as compliance reports. This end-to-end handling of the complete employment cycle is a huge benefit of working with an EOR service provider as it allows you to solely focus on growth and drive your business operations forward.
What To Expect from EOR Service Providers in India?
Contracts that are 100% legally compliant are drafted by EOR Service Providers in a way that is tailored to your distinct business needs. They dissolve communication gaps by rolling out all encompassing contracts in multilingual languages equipped with every context so that your efforts to scale up workforce operations globally scale up exponentially.
Fixed remunerations and other incentives are taken care of with full precision and accuracy, thereby leaving you free from worrying about lack of transparency and trust between your employers and you.
Tax and every other stringent deduction as per the Indian law is taken care of by the EOR service providers, thus ensuring a consistent and compliant compensation structure for your organization.
Retirement benefits, insurance coverage and all other perks often define your organization in terms of the culture and standards you set for your employees. This standardized model is looked after by Employee of Record service providers making not only can scale up your workforce but massively improve your employee retention rate too.
Keeping track of all kinds of leave balances, holiday lists, sabbaticals through time automated systems is an integral part of the services provided by an EOR that promotes good work culture and keeps your working environment safe and sustainable.
Onboarding and offboarding processes show respect, care and gratitude for one’s employees. EORs in India do it all from pre-boarding documentation to thorough exit processes. This keeps your company image intact and invites more skilled collaborators from all over the world to join hands with you.
“In a world as hyperconnected as it is today, workforce mobility is a necessity. Partnering with Dexian enables companies to expand globally while staying completely legally compliant and cost effective at the same time” Vishal S. Chaudhary, Director of Staffing & Placements, Dexian
Dexian’s Talent Consulting & Solutions: Unlocking Global Growth Through Smarter Talent
Dexian is a global leader in talent and technology solutions. The services offered blend in local expertise as well as profound market intelligence. Bringing together people, technology and organizations at 86 locations worldwide, Dexian is a powerhouse in India that by connecting skilled talent with standout opportunities is scaling up business and driving efficiency, growth and innovation worldwide. Also primely positioned in India’s in one the world’s most skilled and cost-effective talent markets aligns global organizations strategically with business outcomes through staffing services equipped with operational efficiency and complete legal compliance.
Conclusion
It is no coincidence that India has emerged as a power hub for EOR services. The kind of talent pool that India has is unmatched across the globe and when you combine that with the scope to bypass the hassle of entity formation and complex labor laws, it is inevitable that a rapidly evolving economy like that will end up becoming the global center for staffing and talent solutions. Since the talent operations are in expert hands, companies can solely focus on innovation, growth and profitability, thereby creating a solid foundational ground for expansion and sustained success.
About The Author
With over 16 years of experience in recruiting, selling and managing multiple large MSP enterprise clients for IT and Professional services, Vishal S. Chaudhary stands as a pivotal figure at Dexian. As the Director of Staffing and Placements, he is responsible for strategic new-client acquisition, managing overall MSP Alliances, centralized MSP client operations, and supporting the expansion of Regional and Fortune 500 BFSI clients.
Under Vishal’s leadership, Dexian Inda has experienced remarkable growth achieving a 100% increase in resource headcount and a 250% surge in gross profitability across various client engagements. His expertise is backed by a Bachelor of Engineering degree in Information Technology and extensive experience with renowned multinational corporations such as Randstad, Allegis Group – TEKsystems, and Collabera Technologies. Vishal’s contributions and strategic vision continue to drive Dexian’s success, solidifying its position as a leader in the industry.