4 Criteria to Select a PEO in India
Choosing to select a PEO in India is a wise decision. You get to hire remotely in India and scale your business exponentially. But before starting business with a Professional Employer Organization in India, you need to consider certain criteria. The criteria that you will be using to evaluate a PEO service provider in India.? In the USA, businesses have clear standards to measure a PEO. Will the PEO provide medical and dental insurance for the employees it hires?
Will it contribute towards employees’ 401 (K) funds?
What about House Rent Allowance benefits? How will the PEO agency maintain data security for the information it collects from the recruits? These things matter to American employees and, therefore, to American employers. But if you use the same benchmarks to examine PEO services in India, you will find that the scenario here is different. Often, insurance premium is part of the salary breakdown. The healthcare system in India is also vastly different. Insurance is not mandatory to get medical attention or health-checks. Indian PEO agencies have also adapted their USPs to keep the hired employees loyal and happy. Indian PEOs and American PEOs are very different. It is for these reasons that evaluating a PEO agency in India would not be correct. To help you make a learned decision, we are sharing with you 4 criteria to select a PEO in India.
4 Criteria to select a PEO (Professional Employer Organization) in India:
1. Local compliance for the employees All employers are required by law to provide appropriate HR paperwork for their employees for perfect local compliance. Failing to do so will have regulatory consequences for the Indian PEO service provider. Before partnering up with a professional employer organization, ensure you are signing up with a compliant organization. To be certain, examine for the agency’s track record and, if needed, ask for referrals as well.
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