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Frequently Asked Questions?
Though some use the terms interchangeably, PEOs and EORs have a few important distinctions. PEOs mostly handle HR functions for businesses, while EORs go one step further to employ workers on behalf of their client companies. If you do not own an entity in the country where you want to employ someone, you need an employer of record, not a PEO.
Your employer of record handles the legal employment of your workers in other countries via a service agreement. On paper, the EOR is the employer. In reality, the EOR simply facilitates the paperwork for the sake of compliance. You continue to work with your employees under the EOR the same way you work with all your other employees. In this way, an EOR allows you to employ full-time workers in countries where you do not own a legal entity.
Professional employer organizations lack the ability to employ workers in other countries on your behalf. PEOs typically provide most of the same human resources services as EORs, but without the additional layer of international compliance. PEOs also do not typically offer the local legal guidance that an EOR would.
Your PEO is typically not involved in your employment contracts. A PEO is more of a services provider than a partner for global expansion. An EOR, on the other hand, immediately allows your company to employ workers around the world. Your business, your employee, and your EOR all participate in employment contracts to ensure your employment of international workers is legal.
It is important to remember that an EOR can also provide all the HR services your business needs, such as payroll and benefits management. When you expand your team into new countries, having an all-in-one partner to handle these key processes in addition to your compliance needs can make life much easier.
Except employee offered salary and Service fee there is no extra cost occur to any International company to employee an employee in India. We work on Percentage model and fixed service fee model. Please connect with us for more details.
We have direct presence in 40+ countries all across the globe and we operate through our Partners in 50+ countries. With the network and direct presence we can able to deliver our services in 100+ countries al across the globe.
We normally take 8 business hours to complete the end to end onboarding process for an employee.
Yes, Husys will take care of End to End employment and Local Tax, statuary complaints etc in India for the employees under PEO/EOR service model.
Yes, employees will get the detailed salary slip once the monthly salary is processed.