India is one of the largest and fastest-growing markets for digital consumers, with 560 million internet subscribers in 2018, second only to China. Having such an immense pool of digital consumers, India has given priority to its Informational Technology (IT) sector. India’s booming IT industry has attracted many companies around the world to hire technically skilled employees. Through a Professional Employer Organization (PEO) service, like NNRoad, companies are able to hire employees in India while staying in compliance with local labor laws in a cost-effective and easy way. Keep reading to learn why you should consider hiring employees in India.
Budget Friendly Costs to Hire Employees in India
By hiring employees in India, you can get the perfect balance between affordability and quality. When compared to hiring talent in European or North American countries the price of software development is low in India.
The cost of in-house developers are often higher than the cost of hiring offshore developers. In terms of cost-effectiveness, India is considered to be the top countries for employee leasing. You will have a talented pool of employees to hire from and skilled employees who understand the business culture.
Hire Talented Employees in India
Finding the right talent may require companies to look outside of their borders, as there is an abundance of people and cultures that have skill sets that may not be readily available back home. India’s estimated 3,000 business schools churn out tens of thousands of management graduates every year. There is no shortage of talented developers and engineers in the IT sector as well.
India currently has one of the youngest workforce in the world. This young Indian workforce is adept in handling complex IT and service-related tasks seamlessly. Companies around the world are looking for employees who can adapt to a fast-paced and changing work environment, making employee leasing in India a top choice for many companies
Business Language is English
English is one of the few official languages of India and many competent Indians learn it as a second language. By the end of 2020, it is predicted that India have over 2 billion English-speaking people. In an evolving industry like IT, it is important to hire dedicated offshore workers with whom you can communicate ideas with easily. Using PEO services in India, mean you can identify the employees you want to hire and have them hired through the PEO service for full HR outsourcing, while you directly manage the employee to help your business grow.
Being budget-conscious without sacrificing the quality of work makes hiring employees in India a great option for businesses. NNRoad is here to guide your business through employee leasing in India so you can focus on the growth of your company. Contact us today to speak with our experience team about hiring employees in India.