SCOPE OF WORK
OUTSOURCY will provide an end-to-end solution for the business needs of our client and is the legal entity tasked to carry out the following duties.
OUTSOURCY acts as the intermediary in an existing relationship between an employee and an employer.
OUTSOURCY will carry out the regulatory and legal requirements of employment, payment, and payroll. However, it does not necessarily engage in day-to-day work.
OUTSOURCY will carry out the regulatory and legal requirements of employment, payment, and payroll. However, it does not necessarily engage in day-to-day work.
OUTSOURCY does not have management or supervisory roles. our client still makes all the decisions regarding projects, position duties, compensation, and termination.
OUTSOURCY will be responsible for the personnel functions, arrange the work permits and visas for the client, process the payroll of workers& Terminate workers on behalf of the client
An EOR will hire employees in target countries and assess the readiness of an international market. They let the company test the waters by starting operations with the new employees. The company will not need to spend money and time establishing an entity since the EOR will take care of it
Hiring independent international contractors will put you at risk of tax and employment violations. An EOR will do all processes following all the requirements of your host country. Doing so will prevent you from incurring penalties due to non-compliance
Hiring an EOR is best for a company that wants to begin its operations quickly but is yet to establish an entity. The EOR will take charge of the company’s services while the company sets up the entity simultaneously
The EOR will help a company compliantly pay its new employees. They will take charge of the payroll on behalf of a company that does not have a legal business entity. By doing so, facilitates the acquisition of the client company.
since a business is working in a co-employment setting, the client benefits from fewer risks and liabilities to his business because OUTSOURCY would handle workers’ compensation and unemployment issues. OUTSOURCY also handles the heavier task of background checks and interviews only to find the best employees for them
OUTSOURCY also commonly provides payroll processing services, which can help relieve a business from the hassle of manual administrative processes that can lower productivity for human resources employees.
once a business works with OUTSOURCY as an EOR, OUTSOURCY would lower the need to hire more employees to cater to menial tasks such as payroll processing and other HR-related functions. A business can also increase productivity in the core functions of the company in order to gain maximum profits and grow the business.
Employment laws are complicated and constantly changing. Having to keep up with all of these laws can drain a company’s budget, but OUTSOURCY are able to help you with this. Since OUTSOURCY can provide HR professionals, a business can be guaranteed assistance with ensuring employee compliance.
The aim of a company’s relationship with OUTSOURCY as an EOR is to give your employees cost-effective, useful benefits without the stress of administrative workload. OUTSOURCY will offer several benefits to a company’s employees through its benefit plans that include medical coverage, and even life insurance and retirement plans.
Handling government rules and policies and checking for ways to reduce business issues such as injuries and payroll conflicts. that include medical coverage, and even life insurance and retirement plans.
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