Employment Solutions

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What are Employment solutions?

We know that starting a new office in a foreign jurisdiction complying with local laws and regulations is not an easy task and hiring an employee without having a legal entity or sometimes with representative offices is not possible. Nevertheless, there is an alternative solution for such organizations by using NNRoad’s Global Employment Solutions / Employee Leasing, also known as Professional Employer Organization (PEO). This is the solution for the companies seeking to outsource the employment of their employee in a particular country. At NNRoad, we provide such professional employment solutions to our clients worldwide.

This professional employment solutions allows the multinationals to hire an employee legally even if the company has no legal entity or have representative offices in a particular country. NNRoad’s provides global employment solutions, such as employee benefits, payroll and workers’ compensation and recruitment, therefore, becoming their employer of record, however, the client remains responsible for employee’s day to day management. This means that multinationals need not have to set up an office in that particular country as NNRoad becomes the in-country employer for that employee.

 

Why do I need employment solution?

It is often seen that employee management activities consume too much time, effort and resource, which could otherwise be directed towards the revenue-generating actions. With a team of skilled and resourceful HR professionals, your employee related tasks can be managed by our HR specialists while you focus on your core business responsibilities. Moreover, it not just the task and activities, but we also share the risk and responsibility of employee engagement. Some of the scenarios where your company needs professional employment solutions:

  • When your company does not have a legal entity in some country but there is a strategic business need for a resource.
  • When your company is not well-versed with a specific country’s local labor laws and regulations but the business needs to onboard an employee for a specific job.
  • When your enterprise is looking to hire an expat in any country but does not have a legal framework to obtain work permits and relevant visas to complete the onboarding process.

 

Benefits of Outsourcing Employment Solutions?

Benefits of Outsourcing Employment Solutions

  • With NNRoad’s global employment solutions, businesses can realize significant operating benefits when they outsource their HR related operations and thereby take the advantage of our skilled and professional team to manage their human resource and administration functions efficiently.
  • Reducing operating cost is an ongoing challenge with every company. Our global employment solutions can help your company to eliminate the direct cost of in-house human resource operations and providing a cost-effective approach by offering HR services, comprehensive employee benefits packages etc.
  • Our professional employment solutions guarantee the peace of mind that comes with knowing that everything has been taken care of when it comes to human resources and administration compliance. We believe in supporting with full compliance on complex state and federal regulations, alleviating paperwork hassles thus saving their time.
  • This is what NNRoad do the most by allowing you to focus on your core business, as we take care of rest. We support clients by taking all their headaches regarding human resource administration including payroll management, statutory benefits, in-country insurances etc. This global employment solutions allows to stay competitive in the market and increase their business productivity.
  • Our professional employment solutions provide professional human resource support worldwide. We support with experienced professionals in HR, statutory benefits, payroll, risk management and other aspects of employee administration equally compliant with local laws and regulations. global employment solutions with professional support can help with a guide to the unforeseen HR issues like unemployment claims, employee background checks, legal advisory if any problem arises.

Who can use our Professional Employment solutions?

  • Companies without legal entities
  • Companies having representative offices
  • Companies expanding overseas

 

What kind of global employment solutions does NNRoad provide?

Why us?

  • NNRoad act as employer of Record for leased employee worldwide.
  • Bilingual employment contracts.
  • One point of contact, provide dedicated account manager.
  • Handling the payroll processing, calculating salaries and disbursement.
  • Calculating and contribution of taxes.
  • Handles statutory benefits, registration with local authorities.
  • Providing employee local monthly salary slips and providing all reports/proofs of taxes paid to the client.
  • Providing highest levels of data security, stability, and data processing reliability.
  • In-country legal advisory in case of any dispute.
  • Update/Advise for any changes in statutory laws for specific country.
  • Flexible with multi-currency payments.
  • Consolidated monthly invoicing.
  • Helping with Work-permits and related visas in case of Expat professional employment solutions.

 

What is the process of hiring an employment solution provider?

1) Evaluation

NNRoad will arrange to have face to face meeting if in the same country or call to understand and evaluate your business need.

2) Sharing Quotation

Our experts after gathering your requirement prepare the service proposal which suits your business need.

3) Master Agreement Signing

After the proposal get accepted by both the companies, our team will prepare the framework of master service agreement which leads to signing process.

4) Documents Collection

Our team will prepare the relevant document list for an employee, which can vary widely from country to country.

5) Employment Contract

This leads to the onboarding of employee. Our team will prepare the employment contract for an employee leading to signing process.

6) Implementation

The implementation process starts with the employee getting onboard and on the payroll of NNRoad or in-country partner. It also includes registration of an employee to the statutory benefits which vary from country to country.

7) Follow-ups

Our team will be available to do time to time follow-ups regarding the employee management process.

 

How long does it take to implement this service?

The global employment solutions service comes into effect as soon as the master agreement is signed between NNRoad and the client and NNRoad and the employee. Our team will make sure that all the documents requested are collected from an employee before signing the employment contract. For example, the documents can be:

  • Filling of on-boarding form by the client/employee.
  • Copies of documents like insurance card, tax-income certificate, pension book etc.

All these documents list widely vary from country to country. Our team will advise on all the documents for that specific country.

The time frame for implementation for each country might varies just to be compliant with local laws and regulations. For example: In some countries, the registration process for statutory benefits takes 3 weeks of time.

 

What is the price model?

We provide flexible pricing models to our clients which also depends on the country and type of service that the client needs. Our team can customize the cost from 1 employee to 1000 employees and so on for short-term to long-term projects. In general, our price model includes:

  • Monthly Payments- per headcount per month
  • Calculations/Contribution of Statutory payments- per headcount per month
  • Related local taxes

 

How can I calculate my potential cost?

At NNRoad we provide tailor made services to our clients where the cost is itemized based on the services offered as per the country’s rules and regulations. Just to have an idea, the potential cost includes:

  • Set up cost/any deposit/any advance payments
  • Monthly payments
  • Statutory benefits payments
  • Bonus payments
  • Yearend adjustments
  • Government taxes

 

We always focus on the best possible service at the optimum cost. Please contact us for more details.