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For short-term or specific projects in India, companies can engage with the EOR team on a project-by-project basis. The EOR handles the HR and payroll aspects for the project duration, allowing the company to focus on the project's objectives.
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Optimal Team Structures for Engaging an Employer of Record Team in India When hiring an Employer of Record (EOR) team specifically for operations in India, the most suitable team structure will depend on the size of your business, the complexity of your operations, and your HR and payroll needs in the country. Here are some common team structures to consider when associating with an EOR for the Indian market: Fully Outsourced EOR Team In this approach, you can fully outsource your HR and payroll functions to the EOR team in India. The EOR will act as the employer of record for your Indian employees and take care of all HR-related tasks, payroll processing, and compliance with local laws and regulations. Suitable for companies with limited experience or presence in India, or those looking for a streamlined and compliant way to manage their Indian workforce.
Hybrid Model with In-House HR Support This structure involves maintaining a small in-house HR team to handle core HR functions and employee relations, while the EOR team in India takes care of payroll administration, statutory compliance, and other country-specific HR tasks. Ideal for companies that want to retain some control over their HR processes while leveraging the expertise of the EOR for India-specific compliance and payroll matters. Project-Based EOR Services For short-term or specific projects in India, companies can engage with the EOR team on a project-by-project basis. The EOR handles the HR and payroll aspects for the project duration, allowing the company to focus on the project's objectives. Beneficial for companies with intermittent projects in India or those testing the market before expanding further. When choosing the team structure for an EOR in India, consider factors such as the number of employees, the duration of your presence in the country, your familiarity with local laws, and your budget constraints. Additionally, verify that the EOR service provider has expertise in Indian labor laws and a strong track record in providing EOR services in India. It's essential to work closely with the EOR team to tailor the structure to your specific needs and ensure a successful HR and payroll partnership in India. Are you still confuse which engagement model best suits for your business? Connect with us here.