Employer Of Record

Faster and affordable method of maintaining workforce in India with improved employee experience

What is Employee Of Record (EOR)

Employer of Record (EOR) is a service provider that takes on the legal and administrative responsibilities of being the official employer for a group of employees. They handle tasks such as payroll processing, tax compliance, benefits administration, and other employment-related obligations on behalf of client companies. This allows companies to engage workers in India without having to establish their own legal entity or navigate the complexities of local employment laws and regulations. The EOR in India acts as the intermediary, ensuring compliance and providing administrative support, while the client company maintains control over the workers' tasks and responsibilities.

Advantages of EOR in India

Local Compliance

India has complex labor laws and regulations that can be challenging for foreign companies to navigate. EOR services in India ensure compliance with local employment laws, including payroll, taxes, and employment contracts, reducing the risk of legal and regulatory issues.

Cost and Time Savings

Engaging an EOR eliminates the need for setting up a legal entity in India, which can be time-consuming and costly. The EOR takes care of payroll processing, benefits administration, and other administrative tasks, saving companies the time and effort required to handle these functions internally.

Flexibility and Scalability

EOR services allow companies to quickly and easily scale their workforce in India without the need for lengthy hiring processes or dealing with employee onboarding. This flexibility is particularly beneficial for short-term or project-based engagements.

Local Expertise

EOR providers in India have local knowledge and expertise in employment laws, regulations, and best practices. They can provide guidance and support in areas such as employment contracts, local customs, and cultural considerations, helping companies navigate the Indian business environment more effectively.

Risk Mitigation

By partnering with an EOR in India, companies can mitigate the risks associated with non-compliance with labor laws, tax regulations, and employee benefits. The EOR assumes responsibility for ensuring legal compliance, reducing the potential financial and reputational risks for the client company.

Focus on Core Business

Engaging an EOR allows companies to focus on their core business activities while leaving the administrative and legal responsibilities of employment to the service provider. This frees up time and resources, enabling companies to concentrate on their strategic objectives and growth.

Our Services

At Retrik Cloud India, we specialize in providing comprehensive Employer of Record (EOR) services tailored specifically for the Indian market

Payroll Processing

We manage payroll administration for your Indian workforce, ensuring accurate and timely processing of wages, deductions, and tax withholdings. Our team stays up to date with the latest tax regulations and compliance requirements, ensuring smooth payroll operations.

Tax Compliance and Reporting:

Our experts handle complex tax compliance matters, including tax calculations, filings, and reporting as per Indian tax laws. We ensure adherence to local tax requirements, reducing the risk of penalties or legal issues.

Employment Contracts and Documentation

We prepare and manage employment contracts, offer letters, and other necessary documentation in compliance with Indian employment laws. Our thorough approach protects your interests and ensures legal compliance throughout the employment relationship.

Labour Law and Compliance

We ensure compliance with labour laws in India, such as, provident fund (PF), and employee state insurance (ESI). Our team manages the necessary registrations, filings, and compliance documentation.

Onboarding and Offboarding Support

From verifying employee documentation to facilitating smooth onboarding processes, we handle the administrative aspects of bringing new team members on board. Similarly, we handle the offboarding process, ensuring proper exit procedures and compliance with local regulations.

Employee Benefits Management

We handle employee benefits administration, including health insurance, employee welfare schemes, and other benefits programs specific to India. Our team manages enrolments, claims processing, and communication with benefit providers.

Expense management and reimbursement

At Retrik Cloud India, we understand the importance of efficient expense management and timely reimbursement for both your company and employees. As part of our Employer of Record (EOR) services, we offer robust expense management solutions

Dedicated Account Manager

We assign a dedicated account manager to serve as your primary point of contact for all EOR-related matters. This ensures personalized attention, timely communication, and efficient resolution of any queries or issues that may arise.

Employer Of Record Contact us

Contact

2nd Floor, Regent Insignia, Mahakavi Vemana Rd, KHB Block, Koramangala 4th Block, Bengaluru, Karnataka 560034 INDIA

+91 8088924599

raman@retrikcloud.com

Employer Of Record

What is Employee Of Record (EOR)

Advantages of EOR in India

Our Services

Simplify Your Indian Workforce Management with Retrik Cloud - Your Trusted EOR Partner

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