Expanding your team in India? This video outlines key details on the labor pool, salary norms, compliance and more when structuring employment contracts. Learn more in our in-depth guide: [ Ссылка ]
Sections & Timestamps:
0:00 Overview of India's Job Market
0:35 Onboarding Best Practices
1:03 Employer Costs & Contributions
2:04 Benefits & Incentives
2:32 Payroll Processing & Compliance
2:44 Using an Employer of Record
3:06 Cultural & Language Considerations
3:51 Termination Policies & Process
4:08 Additional Resources
India presents immense opportunities for building skilled, cost-efficient remote teams. But first, understand key aspects of the talent pool, legal landscape and cultural considerations.
The job market offers diverse, educated professionals across industries. Salary varies by role, experience, and location. Research industry benchmarks thoroughly to remain competitive. Personalized onboarding also builds early rapport in this relationship-based culture.
As the employer, you must contribute 12% of each salary towards the Employees’ Provident Fund. You also match the 12% employees contribute. Other mandatory payroll taxes and benefits add up to ~20%. Compelling extra benefits like insurance, wellness programs and remote work options also attract top applicants.
India has complex legal hurdles for establishing local entities. Instead, use an Employer of Record like Horizons to simplify. They handle payroll processing, taxes, contributions, and compliance under their own legal business registration. This lifts administrative burdens for your team. Read more about hiring in india here: [ Ссылка ]
Additional key compliance notes:
- Mandatory paid leave allowances
- Cultural nuances around holidays and traditions
- Multilingual workforce requires inclusive comms
When ending contracts, strict adherence to termination laws is essential. This includes proper severance pay, notice periods and documentation depending on circumstances.
For tailored consulting and advice on expanding your team into India, speak to our experts today: [ Ссылка ]
