Why Europe Corporate want to Outsource their Staff in India
Whether it is the low end work like data entry or high end like research and engineering, almost every kind of work is done by Indian professionals. Indian talent is well known for its technical competence. European countries like Germany, France, Spain, Russia and many others get their technical work handled by Indian staff at lower cost. Due to lower living cost in India, Europe corporate is able to save huge cost by hiring Indian talent.
Stats of (NASSCOM)
For European companies, recruiting and managing Indian talent is a complex process as legal compliances; government laws are different for every country. Also small scale organizations don’t have access to skilled professionals. If you are looking to streamline your business or enhance business growth, outsourcing to Europe staffing services in India can be the absolutely perfect solution for you.
According to a recent stats by the National Association of Software & Service Companies (NASSCOM), more than 50% of some of the biggest international companies prefer Indian firms for outsourcing their business processes. Over the years, there have been several emerging nations in the sphere of outsourcing business such as China, UK, US, Ireland, France, Germany, and Italy.
Below are the few reasons, due to which Europe corporate prefer to outsource their work with some of the reputed Indian staffing companies for Europe:
- Reduction of cost:
Outsourcing reduces huge staffing cost, overhead cost as you don’t have to invest anything for different staffing operations such as recruitment, on-boarding, training, payroll processing and management, employee retention and termination. Managing these operations by your in-house human resource team will result into comparatively high cost.
- Easy communication:
Outsourcing Indian talent has become more in demand due to its easy communication between companies or professionals from different countries. Effective communication is essential for better execution of business strategies and plans.
- Extended reach to skilled candidates:
One of the main reasons to outsource your staff is getting access to right candidate at the right time. To allow you to focus on your core business, you need to hire professionals who can perform their task without any hassle. By outsourcing Indian talent, you will get skilled professional at the right time.
- No tax, Insurance, employee benefits or legal obligations:
An outsourced employee works for the company but all the legal obligations are handled by outsourcing company. Thus the company will have no obligations to tax, employee insurance, employee benefits or employee laws.
- Better focus on organizational core business:
By outsourcing your staff from some outsourcing company, you don’t need to worry about legal obligations, changing laws, complexities of recruitment, payroll or any other staffing operations. So, the company can better utilize their time and resources to focus on core business activities, thus can streamline their business processes and enhance business efficiency.
- More competitive in market:
Outsourcing with staffing agency enables companies to reduce cost, increase productivity. All these factors will enable to improve your business performance and make your business more competitive in market.
- Better risk management:
By outsourcing staff from some reputed staffing agency, you can reduce risk involved in having the task done by in-house HR team as your in-house human resource team may not be updated with the latest government laws, legal obligations, and statutory compliances. A right payroll consultant in India for Europe will be aware of all such things and will take care of all.
- Payroll benefits:
Payroll processing is a complex process. Being as an effective payroll outsourcing companies in India for Europe, a staging agency will manage all payroll operations such as attendance and leave management, PF, ESI, Income tax, salary slips, payroll administration, and payroll check summary, which will let you save an ample amount of time and money.
