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Growing Utility Of PEO/EOR Services And How Businesses Can Benefit From Them

  2020 saw a growing interest among businesses, in Professional Employer Organization or Employer of Record Services (PEO/ EOR). This service can play a crucial role in not just helping businesses sustain, but also grow and expand. We will now try to understand, how businesses can simplify and pace up their process of business expansion while utilizing PEO services for their HR operations and what role we at Husys can play in the fulfilment of this ambition of yours, but before that, we’ll try and give you clearer a picture of what are PEO’s. What is Professional Employer Organization OR Employer of Record Service? A PEO is a  professional employer organization , It is also known as EOR ( Employer of record ) in some countries, like the UK. It’s a third-party organization that hires and pays an employee on behalf of another company and takes responsibility for all formal employment tasks. PEO services include recruitment, payroll and benefits, on-boarding of new recruits, taxa...
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What will make India the Next Big Global HUB for GIG Workers

  COVID has given the world a gift of Remote Work. Even though I have been hearing the words of Telecommuting, Remote working for over 2 decades, this pandemic made it possible within no time. This is one of the biggest boons for the GIG Workers. This Opportunity is not just only a few advanced countries that leveraged internally GIG workforce sofar but for the many countries across the Globe. What Would Drive GIG Workforce Global Small Businesses Globally Startup & Small  companies may not be employing specialized skills on a permanent basis with business uncertainties. Rather focus on Employing Remote Workers directly or through  Professional Employer Organisations  for countries Like India. Any work that can be done by  Digitally/Remotely  all those  jobs  can save money based on the currency you deal with. Leveraging the Currency strength also would force them to look for GIG workers. Impacted Large Global Corporations There has been a ser...

Professional Employer Organisation (PEO) in India

This post we would like to discuss about PEO or also referred as Employer of Records. The future of employment is going to be very different from traditionally how employers employed in India. Today we have many of the employees are working in this model. However with more than 40 million employees work in SME sector alone, there is a huge scope for future in building efficiency. Professional Employer Organisation (PEO)  :  is a firm provides employees for an employer/firm whereby assuming the responsibility of Hiring, Managing Employment, Benefits, Workers compensation, Training & Exit Management.  It means the PEO hires client company employees and manages their employment as "Employer of Records".  Ideas : PEO Beginning of an opportunity Choosing a professional firm who understand the legal and employee based practices well is the key. Start-ups can use this service effectively so that they can provide all the benefits from th...