A global employer of record service provider has already done the often costly and work of setting up entities around the world ensuring all banking, insurance, tax, HR, facilities and contract requirements are met and it has the local infrastructure in place to employ and pay local workers. An employer of record service company is a cost effective way to outsource payroll and HR functions. The business pays the employer of record a set rate for every hour the employee works, and the employer of record handles all tasks.
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Global EOR Service Provider Company.pptx
1. Global EOR Service Provider
Company in India
Presented By – MME Payroll India
2. About Mme Payroll
• MM Enterprises the leading PEO/ EOR, Payroll Outsource
Company in Delhi India, we been professional employer organization
have been providing our services since 1994. Our strength lies in our
learned personnel and years of experience in a repertoire of Global
employer of record services, EOR Company in India, from monthly
salary assessment, taxation & payroll compliance to reimbursements’
validation.
• At MME, we let you focus your time & energy on business growth, while
we take hold of your employment processes. Over the years, our team
has diligently handled thousands of clients from start-up businesses to
well-established 500+ fortune companies globally. We are compliant
with innovative HRM Systems and are capable of offering
precise payroll outsource & employee management services to
organizations, regardless of their size.
3. Employer of record
An employer of record is an organization that serves as the
employer for tax purposes while the employee performs
work at a different company. The employer of record takes
on the responsibility of traditional employment tasks and
liabilities. By using an EOR services, recruiters and other
businesses can free up time. Not having to deal with payroll
and HR issues can potentially save hours.
4. How EOR company works?
A global employer of record service provider has already done
the often costly and work of setting up entities around the
world ensuring all banking, insurance, tax, HR, facilities and
contract requirements are met and it has the local
infrastructure in place to employ and pay local workers. An
employer of record service company is a cost effective way
to outsource payroll and HR functions. The business pays the
employer of record a set rate for every hour the employee
works, and the employer of record handles all tasks.
6. Remove global market entry
barriers
• Although building teams abroad has a ton of benefits
(affordable workforce, larger talent pool, workplace diversity),
a lot of business owners are wary of looking for talent abroad
because of the challenges that come along with registering a
business entity abroad.
• In countries with a high level of bureaucracy waiting for the
embassy’s approval to start business activities abroad can
take months. All this time, business owners are in an
undefined state, unsure whether they should keep trying to
break in or focus on hiring talent at home and give up on a
global office.
7. Save time
Keeping track of paperwork, administering benefits, payroll
outsource service, and terminating employee contracts
takes a lot of time. Trying to juggle dozens of management
tasks on their own, business owners end up not spending
enough time on the company’s core activities improving the
product, building strategies, and fostering meaningful
connections with clients or partners.
By collaborating with an EOR, business owners can
improve their skills in areas they are passionate about and
skilled in rather than spending hours researching
international laws and procedures.
8. Reduce risks
Hiring an employer of record company is a way for
business owners to shift the burden of responsibility off the
organization and on to a vendor. Since the employer of
record is the one featured in the official documentation,
drafting agreements, and paying taxes, the organization will
be the one to take the fall should something go wrong.
Thus, by hiring an EOR, a business owner does not have
to worry about the consequences of accidental tax
documentation negligence or non-compliance with local
labor laws.
9. Reduce costs of setting up
office
A lot of costs are associated with opening an office in
India. From the expenses related to establishing a
subsidiary to hiring legal and financial assistants, building
a team abroad from scratch ends up costing company
owners. With EOR services you’re able to reduce the cost
of setting up office in any location.
10. Contact Us
MME Payroll India
(M.M Enterprises)
• Mobile: +91 9310081163
• Website: www.mmepayrollindia.com
• Mail Us: bdm@mmenterprises.co.in