HIRING EMPLOYEES IN INDIA: A GUIDE FOR FOREIGN COMPANIES

In over 95% of staff employed by abroad firms operating in India are hired locally. India has huge talent pool with basic skills to highly skilled individuals to choose from. However, the size of India and its workforce, combined with cultural differences and attitudes to employment, can make it difficult to find the right staff for your business. In particular, with the growing number of … Continue reading HIRING EMPLOYEES IN INDIA: A GUIDE FOR FOREIGN COMPANIES

HOW H1B VISA SUSPENSION CHANGED EMPLOYMENT MANAGEMENT FOR US COMPANIES

There are confusions around the immigration policies in the US visa status of H1B holders in the US, this has made the process and planning of workforce management more complex for employers. The process is not only time consuming but also involves high costs of application and reapplication.  As such, these companies are now looking at alternative options and considering remote working possibilities to support … Continue reading HOW H1B VISA SUSPENSION CHANGED EMPLOYMENT MANAGEMENT FOR US COMPANIES

HOW PEO CAN BENEFIT STARTUPS

As a new age startup, we understand that your team is your biggest strength! From initial conceptualization and strategizing to streamlined execution once you hit it running, everything rests on your team’s shoulders. It Is well known that most investors also base their funding decisions largely on the potential of a startup’s team. As such, do you often find yourself balancing between hiring the best … Continue reading HOW PEO CAN BENEFIT STARTUPS

HOW TO SETUP A SUBSIDIARY IN INDIA

A Subsidiary Company is also known as a sister company; and the company which practices control over it, is known as the parent company, or holding company. A subsidiary company can be controlled by the parent company partially or completely. What is WOS (Wholly Owned Subsidiary) When one company is 100% owned by another company, it is called Wholly Owned Subsidiary of the company who … Continue reading HOW TO SETUP A SUBSIDIARY IN INDIA

INDIA WELCOMES COMPANIES LEAVING CHINA AFTER COVID-19 PANDEMIC.

Niti Aayog and the Department for Promotion of Industry and Internal Trade, India are firming up a plan to offer incentives in order to attract companies looking to shift manufacturing from China. This includes 1,15,131 hectares of existing industrial land in Indian states such as Gujarat, Maharashtra, Tamil Nadu and Andhra Pradesh, a report by Bloomberg stated. There is a growing realisation among multinational companies … Continue reading INDIA WELCOMES COMPANIES LEAVING CHINA AFTER COVID-19 PANDEMIC.

INDIA WORKING ON SUPPLY CHAIN WITH JAPAN, AUSTRALIA TO REDUCE DEPENDENCY ON CHINA

India, Japan and Australia are working on a supply chain agreement to counter dependence on China by creating an alternative. The three countries plan to launch a trilateral Supply Chain Resilience Initiative (SCRI), which was first proposed by Tokyo, according to a report by The Economic Times. The ministers of commerce and trade of the three countries may discuss the initiative for the first time … Continue reading INDIA WORKING ON SUPPLY CHAIN WITH JAPAN, AUSTRALIA TO REDUCE DEPENDENCY ON CHINA

NO H1B? EVER THOUGHT OF PEO THAT MIGHT HELP YOU OUT

The president of America Mr. Donald Trump has extended freeze of H1B and H-4, J1(doctors & researchers), L1(intracompany transfer) visas issuance for new immigrants and suspended work visas for foreigners. The H1B visa issuance will be on hold till this year end. Three in four applications are from India hence it affect the most Indian IT industry. However, it will not effect those already in … Continue reading NO H1B? EVER THOUGHT OF PEO THAT MIGHT HELP YOU OUT

PEO BETTER ALTERNATIVE TO OUTSOURCING

For technology startups and SME’s, India is the destination for its world class resources and to keep the burn rate in control. To take advantage of this, may companies use the time tested outsourcing model but over the years companies have realized that they need something more, something better, like better control over the team selection, work allocation, independence and also control over the cost. … Continue reading PEO BETTER ALTERNATIVE TO OUTSOURCING

PEO FOR EXPATS IN INDIA

The world is getting flat and companies know going global is the mantra forward! Whether you are an ambitious company looking to depute your trusted resource (expatriate) in India for market understanding/ project execution or you wish to start your India operations by hiring local resources, Remunance is your perfect hand-holder in this transition process. Remunance is a licensed professional employer of record (PEO) for client’s staff … Continue reading PEO FOR EXPATS IN INDIA

PEO VS OUTSOURCING

According to NAPEO, “A professional employer organization (PEO) provides comprehensive HR solutions for small and mid-size businesses. Payroll, benefits, HR, tax administration, and regulatory compliance assistance are some of the many services PEO companies provide to growing businesses across the country.” Outsourcing is a long prevalent option in the IT industry or otherwise for employing large number of resources overseas on specific tasks that the company may need short … Continue reading PEO VS OUTSOURCING