Remunance Review - Best EOR Services for India Expansion When you are running a business, there are 100s of things you need to handle, and finding the right workforce comes right at the top; however, this becomes even more challenging when you have to find and hire a workforce overseas. Currently, countries like India, Indonesia, and Singapore are hot favorites when it comes to hiring your remote workforce. India, especially, is a hot favorite with the best workforce and the most stable economy when it comes to finding a top Employer of Record in India; we can think of no one better than Remunance. Why Remunance should be your go-to EOR partner in India Remunance Services has been operational and working with local businesses for a little over 21 years now! It all started with them being a part of payroll and attendance tracking for small and medium businesses in India. Then, they moved on to the BOT model (Build, Operate, and Transfer), where they helped small and medium businesses from overseas build their offices and then transferred the workforce to India. What Does Remunance Offer? Remunance isn’t just another HR company. Their range of services covers almost every aspect of workforce management in India. Here’s a quick look at their core offerings: 1. Employer of Record (EOR) Services They legally hire employees in India for you. This means they handle all the local legal compliance, payroll processing, and benefits administration. You get to focus on your business, while they tackle the paperwork. 2. Professional Employer Organization (PEO) Services If you already have a footprint in India, Remunance can help manage your HR functions more effectively. Their PEO services include recruitment, onboarding, training, and offboarding. 3. Subsidiary Formation Thinking about setting up your own office in India? Remunance provides guidance on forming a subsidiary. They navigate the complex legal environment, so you can avoid costly missteps. 4. Independent Contractor Solutions For project-based work or short-term needs, Remunance also offers independent contractor management services. This helps you remain agile and flexible with your hiring strategy. remunance review How Remunance Makes EOR Work for You When it comes to handling the depths of international HR, Remunance leaves no stone unturned. Let’s break down how they manage some key tasks. Seamless Payroll Processing Payroll is the backbone of employee satisfaction. Remunance uses advanced payroll software that can handle multiple currencies, complex tax rules, and local compliance requirements. Their system gathers data from attendance records, leaves, and HR reports to generate accurate pay slips on time every time. Input Gathering System: They collect data from various sources like your HR team, attendance systems, and employee submissions. Custom Pay Stacks: Each client has different pay components. Remunance sets up custom pay stacks to include salaries, bonuses, allowances, and deductions as per local laws. Employee Dashboards: Both employers and employees get easy access to payroll details, making transparency a breeze. payroll system process Compliance and Legal Assurance Every country has its own labor laws and tax policies. In India specifically, this can be complex. The legal team of Remunance assures you that all the changes are tracked, and your payroll, benefits, and employment contracts reflect the most recent laws. This lowers your legal risks and keeps you free from heavy fines. 360° Support Services From recruitment to IT support, Remunance covers the entire spectrum of HR services. They offer a complete support system that includes: Recruitment and Onboarding: They help you find the right talent quickly. Their structured onboarding process ensures that new hires settle in smoothly. IT and Infrastructure Support: Need help setting up workstations or managing remote work tools? Remunance has you covered. Compliance Management: They handle all the regulatory paperwork, leaving you free to focus on growing your business. Employee Offboarding: When it’s time to say goodbye, they ensure the process is smooth and legally compliant. Customization Is Key No two companies are the same, and neither are their payroll needs. Remunance customizes its services to fit your specific requirements. Whether you need special benefit plans, custom reports, or unique payroll schedules, they adjust their system to match your business model.