Five long term benefits of hiring with PEO’s outsourcing company

  Millions of enterprises face an existential threat. Nearly half of the world’s 3.3 billion global workforce are at risk of losing their livelihoods. Informal economy workers are particularly vulnerable because the majority lacks social protection and access to quality health care and have lost access to productive assets. Without the means to earn an income during lockdowns, many are unable to feed themselves and their families.  Job losses and salary cuts are likely in the high risk services sector, including airlines, hotels, malls, multiplexes, restaurants, and retailers, which have seen a sharp, fall in demand due to lockdowns across the country. If the current global and domestic economic slowdown persists, it will impact demand and realization. Undoubtedly, with this  covid-19 impacting the business  around the country, it will create very challenging situations for the workforce. Companies are not meeting the revenue targets hence, forcing employers to cut d...

  As an employer, you always want to focus on strategies and business processes which are directly affecting the business growth. Payroll is an essential part for any business. For a small scale organization, payroll can simply be managed by in-house accountant or administrators, but as the organizational size increases, managing payroll becomes quite difficult and complex task as it will require a huge human resource and in-house   payroll management processing   team. The employer of record services provides an infrastructure that negates the needs to worry about most of these tasks. They provide a business with the opportunity to hire an employee in global markets compliantly, without the need for an entity or local employee onboarding process. An EOR service provider will hire workers on behalf of the client company while also taking on the legal responsibility for them. This includes compliance, with all payroll management processing and employment, as well...