Client Details
Company: Confidential
Industry: Information Technology
Service: PEO Services
About
The Client Is A Leading AI-Powered Data Analytics Platform For The Finance And Insurance Industries. Based Out Of New York, The Company Empowers Data Scientists To Convert Raw Data Into Actionable Insights And Make Smarter Decisions With Pre-Built AI, ML, And NLP Solutions. It Is The First No-Code PaaS And Industry Leader In Data Analytics With The Highest Accuracy Scores.
Business Scenario
What Was The Challenge?
The company’s biggest challenge was complying with the complex tax structure of India. Besides, they wanted to scale quickly and enhance their brand reputation as an employer in the country. However, given the diversity of people, it was difficult to manage employees efficiently. Therefore, they wanted to partner with a PEO Service Provider who could help them recruit and manage employees throughout their lifecycle without raising any legal issues.
Husys Entry
How Did We Resolved The Challenge?
- Created a recruitment strategy to attract top talents across the country, helping the team grow from 9 to 200 people in 11 months.
- Conducted background verifications to safeguard the client from any possible legal issues.
- Drafted terms and conditions of the employee agreement
- Streamlined the onboarding process to give a memorable experience to new joiners.
- Ensured zero liability on compliance (both labor and tax laws)
- Provided new employees with joining kits.
- Ensured every employee gets a comprehensive benefits package.
- Drafted attendance and leave policy along with tracking and recording mechanism format.
- Managed employee leaves, loss of pay, and loans.
- Created training process design and documentation.
- Managed yearly income tax declarations from employees.
- Managed yearly income tax declarations from employees.
- Managed provident fund creation/transfer and monthly payments to the government.
- Designed and implemented the performance appraisal process.
- Managed people throughout their employment lifecycle.
Key Benefits
Understand how it can be helpfull!
- 95% of MNC-level benefits were offered to the employees
- 75% increase in the retention rate.
- 40% reduction in costs associated with compliance and tax solutions.
- 80% reduction in employee grievances.
- 55% improvement in time savings.
- 100% resolution of tax-related issues of employees.
- 98% recognition in VISA processing and international travel processes.
Solution
How We Can Help Your Business?
Our custom approach to PEO for IT companies can make it easier for you to enter the Indian market quickly and efficiently. We begin by streamlining your HR operations and creating an end-to-end HR strategy based on your business requirements. Also, we have 20+ years of experience and are ISO 9001:2015 and ISO 27001:2003 certified PEO providers.
Let’s discuss your requirements at reach@husys.com Or Call us at +91 72040 12636
