Payrolling Services /Third Party Payroll Services / Hire Employees on Our Payroll
What is Payrolling?
With this sort of employment arrangement, a client company will identify a candidate but will ask the staffing firm to put the person on the staffing firm’s payroll.
Let us break down the elements of Payrolling:
The payrolling company serves as the employer of record.
In broader terms, it means that employee and employer obligations attach to the payrolling company, not the client.
Payrolling agencies typically do not hire and place workers; this is done by the client or by an independent enlisting or staffing company, which has the added advantage of letting you employ exactly who you like but still outsourcing the administrative functions of hiring and employment.
How does the payrolling process work?
If you find a great candidate but are unable to hire him or her directly, let your Perito representative know. Tell us about your payment amounts, schedules and work hours, and we’ll do the rest:
- The candidate will be required to fulfil our application process.
- We conduct all pre-employment necessities, including background checks and medical tests, employee eligibility checks, etc.
- We keep track of all timing and attendance, and issue paychecks.
- Reduce Administrative Burden.
- There are innumerable laws that organizations have to conform to in India – minimum wages, gratuity, ESIC, PF,, just to name a few.
Perito takes over the burden of all administrative responsibilities by standing-in as the employer on record, and takes care of labour law compliance and other legal issues.
We have a team of legal experts and compliance officers to make sure that your business will be in 100% compliance with all legal regulations in the market.
How else does payrolling save you money?
In addition to taking ownership of the laborious and potentially costly hiring process, putting your candidates on our workforce establishes Perito as the employer of record.
In short, we pay all necessary legal costs and expenses, workers’ recompense and training and on boarding fee.
We also manage all the compliances like ESI, EPF and Health Insurance, etc.
Our tenured team of recruitment, compliance and operations professionals is proficient in designing programs that produce a holistic solution for the talent that you pinpoint.
Hiring a top contract staffing agency or payrolling agency like Perito for 3rd party payroll services makes a lot of sense as companies get a lot of benefits in return.
Highlights of our Payrolling services:-
- Staff will stay on our rolls.
- Standard contractual techniques that we will handle.
- Payroll and personnel management.
- Statutory compliance, settlement of statutory payments, and other related administration.
- Staff registration under ESIC & EPF schemes.
There are more advantages and less to worry about. Benefits of having Perito handle your payrolling facilities include:-
Relationship management. With Perito serving as employer of record, you can focus on the work that needs to be done.
Reduced administrative burdens. Put your personnel on our books and the organizational work becomes ours. Any business entity (large or small ) signing up with a reputed and one of the best contract staffing agency or payrolling agency like Perito for 3rd party payroll services stands to gain.
No conversion fee. Payrolled Perito staff can quickly be transformed into one of your employees at any time and at no extra cost to you.
Cost savings. Standard rates save you money.Hiring Employees on third party payroll is the best option to save cost of payroll procedure.Perito as a contractual staffing partner and third party payroll service provider, has a ready data pool and best in class infrastructure framed by top payroll and compliance experts in India, which enables us to hire at a lower cost.
What do our employees get?
As esteemed employees of Perito, our workers are eligible for a number of benefits which include on-time salary and bonus deposited in their salary accounts (opened by Perito), health insurance,24/7 provision for all kinds of grievances, personal loans, online payslips, form 16, leave passes, loyalty programs, etc.
We ensure that our employees feel united in the client’s business, while both parties still get the advantage of a malleable working partnership.
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