PEOs in India. Things you should know…

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PEOs in India. Things you should know PEO
industry in India
The Professional Employer Organization industry,
better known in the west as the PEO industry
is still in the stage of infancy in India. It is
an industry born out of the need to service
overseas businesses in the west, primarily in
the US.
Remunance is a pioneer and a leader in India
specializing in offering PEO service to overseas
businesses from Aug 2020. Till date it has more
than 50 clients from 7 countries.
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Rajendra, the founder of Remunance, spent
significant time researching PEOs in the US. He
then carved out a business model that works for
India. His team did extensive research to ensure
PEO business is compliant and offers strategic
geo advantages to overseas businesses.
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Taking advantage of Indias surplus talent pool
Indian tech professionals have made a mark on the
world stage, leading iconic organizations like
Google, Facebook and Twitter to name just a few.
Curating high-caliber talent for you
The number of high caliber Indian professionals
is growing at a faster rate since 2014 after the
Hon Shri Narendra Modi led BJP (Bharatiya Janata
Party) has come to power. It has introduced huge
reforms since then. This is evident from the
fact that Indias position has gone up 79
positions from 142nd (in 2014) to 63rd (in 2019)
in the World Banks Ease of Doing Business
Ranking 2020.
Recognizing this, Remunance established an
in-house team of recruitment specialists. We
source professionals from 7 channels including
tier-1 universities. Also, from portals like
Naukri.com and Indeed.com to source high-caliber
talent for you.
Get hassle-free remote teams
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With this innovative service made available by
Remunance, theres no need for you to form your
own legal entity in India. This means, your legal
compliance perils are gone!
When you use Remunances PEO service, you get a
remote team but Remunance becomes the legal
employer for all your employees based in India.
Remunance is responsible for everything except
project execution and management.
Remunance, your one-stop full-service PEO service
firm
Remunance provides end-to-end HR service to your
staff members. These include
1) sourcing talent
2) onboarding new staff members, 3) transferring
employees from your other entities to Remunance,
4) setting up their bank accounts, 5) conducting
timely and accurate payroll, 6) calculating
employees taxes, 7) taking out their insurance
and, 8) administering benefits. You dont have to
do any of that, You simply need to work with
them on your projects.
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Huge ROI from Remunances PEO service
Remuances PEO service has an immediate impact on
your business as it

1. lowers your operating costs
2. increases your efficiency, and
3. increases your productivity as it enables you to
   hire more staff for the same salary budget.

This is a cost-effective alternative to using
freelancers because your staff has a fixed
salary. Their compensation does not depend on
scope of work.
Compliance is not your responsibility any longer
Remunance undertakes all HR admin tasks. This
includes tasks like making accurate salary
deductions, paying government taxes and all the
related paperwork before, during and after
employment. This gives you the freedom and the
peace of mind to have high-performance,
motivated remote teams.
Retain your employees longer
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Remunance is an experienced best-practice
employer who knows what it takes employees to
stay loyal to businesses. Our remuneration
structure, benefits and processes are aligned to
ensure staff stays motivated and focused on
delivery. This creates superior working
relationships and happy employees.
Remunance, your success partner
Remunance is your long term partner when you use
our PEO service. We handle all your employee
admin. We also have specialized teams that
handle IT support, Facilities Management and
selected business concierge services. This is to
ensure support to your employees through all
stages of their employment lifecycle.
Click here for more information on how we can
help you.