Client Details
Company : Confidential
Industry: FMCG
About
Our client is one of the biggest food processors in the world. In fact, it is the world’s second-largest meat processor and exporter. It also has the fastest-growing portfolio of protein-centric brands, and it does so while ensuring complete transparency in its process. They have even received numerous awards for innovation and R&D.
Business Scenario
What was The Challenge?
The biggest challenge for the client was entering the Indian market. Apart from the complex labor laws, the company needed to maintain continuity for the employees. This means they needed to pay employees locally, and the payroll had to be run by experts well-versed with the country’s laws and regulations. At the same time, they wanted to ensure that it sails through the Indian cultural and customary differences.
Solution
Enter Husys!
How Did Husys Solve This Challenge?
- Understood their manpower requirements and conducted recruitment drives accordingly.
- Facilitated the entire sourcing, screening, and background checks.
- Developed HR manual and recruitment strategy.
- Created salary structures for various levels as per Indian standards.
- Developed professional agreements for employers.
- Streamline conveyance & travel policy along with tracking and recording mechanism format.
- Drafted exit policy to keep the brand reputation intact.
- Suggested statutory compliance strategies and helped with implementation.
- Offered employee benefits support as per statutory compliance.
- Ensured salary administration as per the Indian labor law.
- Helped them understand labor laws and statutory compliance.
- Ensured they had zero liability on labor and tax compliances.
Key Benefits
- 100% statutory compliance as per the Factories Act, 1948.
- 86% reduction in employee turnover.
- 92% of MNC-level benefits were offered to employees.
- 84% reduction in employee grievances.
- 100% resolution of tax-related issues of employees.
- 94% recognition in VISA processing and international travel processes.
- 42% cost savings on overall compliance and tax solutions.
At Husys, we have been offering PEO solutions for more than 20 years now. We understand the challenges companies in the food industry faces when expanding their business to India. And as one of the best PEO providers, we’ve successfully resolved all those challenges for our clients.
Since we create a custom plan for every food business based on their specific needs, it gets easier for them to launch their products in India almost immediately.
So, why not discuss your requirements in detail at reach@husys.com.
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