4 Criteria to Select a PEO in India

Choosing to select a PEO in India is a wise decision. You get to hire
remotely in India and scale your business exponentially. But before
starting business with a Professional Employer Organization in India,
you need to consider certain criteria. The criteria that you will be using
to evaluate a PEO service provider in India.?
In the USA, businesses have clear standards to measure a PEO. Will
the PEO provide medical and dental insurance for the employees it
hires? Will it contribute towards employees’ 401 (K) funds? What
about House Rent Allowance benefits? How will the PEO agency
maintain data security for the information it collects from the recruits?
These things matter to American employees and, therefore, to
American employers. But if you use the same benchmarks to examine
PEO services in India, you will find that the scenario here is different.
Often, insurance premium is part of the salary breakdown. The
healthcare system in India is also vastly different. Insurance is not
mandatory to get medical attention or health-checks.
Indian PEO agencies have also adapted their USPs to keep the hired
employees loyal and happy. Indian PEOs and American PEOs are
very different. It is for these reasons that evaluating a PEO agency in
India would not be correct. To help you make a learned decision, we
are sharing with you 4 criteria to select a PEO in India.
4 Criteria to select a PEO (Professional Employer Organization) in
India:

1. Local compliance for the employees
All employers are required by law to provide appropriate HR
paperwork for their employees for perfect local compliance. Failing to
do so will have regulatory consequences for the Indian PEO service
provider. Before partnering up with a professional employer
organization, ensure you are signing up with a compliant organization.
To be certain, examine for the agency’s track record and, if needed,
ask for referrals as well.

2. Capability to hire competent resources
A PEO model offers you solutions to hire resources in India without
forming a legal entity. However, the challenge for businesses is not
just to hire resources, but to hire quality resources. Therefore, look for
PEOs in India who have their own network. They can make the talent
pool of human resources rightly available for you.
Moreover, your PEO service provider needs to ensure; the resources
they have hired for you are loyal and satisfied in their job profile. So,
beyond just finding a PEO service provider who can hire on your
behalf. You should look for companies that will implement solid HR
practices. These practices will keep your resources engaged and
happy with the work environment.

3. Managing onboarded resources
As you know, the PEO model works such that you get work-ready
recruits. This is while the Indian PEO remains in-charge of payroll,
employment benefits, taxation, etc.
However, a great PEO partner would also help you extract peak
productivity and throughput from your remote team. This is done
through extended IT and HR support. It is to ensure that employees
don’t face any challenges in doing their best work.

4. Turnaround times of PEO agencies
When deciding to select a PEO in India, consider the timeline that the
PEO service providers can offer. Turnaround times are important
because they represent the PEO’s skill and experience. An new PEO
service provider can get stuck up in the process and cause
unnecessary delays.
Besides, you may not always have the time to wait for your remote
team in India to be operational. Having a skilled PEO partner who can
speed up the recruitment process is always a plus point.
How can you ensure success with your PEO venture?
It can be ensured by selecting a PEO in India who has carefully
studied the PEO model. The PEO model of the USA and adapted it to
the Indian market.
Remunance as a success partner
Rajendra Vaidya, Founder of Remunance, has conducted deep
research of the PEO model and successfully molded it into the Indian
scenario.
Today, Remunance is powered by an accomplished team of experts
who understand local compliance like the back of their hands. Our
talent pool is sourced from 7+ channels, including Tier-1 Indian
educational entities and reputed job portals.
We provide comprehensive solutions through our end-to-end HR
services. That includes talent sourcing and onboarding, resource
induction under Remunance and bank account setup. It also includes
payroll processing, employee taxation, insurance and benefits
administration.
When you sign up with Remunance, the entire journey from selecting
resources to making them operational is way more convenient.
If you feel you can move ahead with Remunance, you can connect
with us to get started