Are you on the lookout to set up your remote team from a huge pool of talent and highly qualified individuals? Is India your prospective location considering its potential attraction? Then let us guide you on understanding the employment culture, the process of hiring employees in India for your foreign company, and how a PEO (Professional Employer Organization) can serve as the best alternative for your hiring process.
Hiring employees in India of high caliber talent
Esteemed businesses like Zapier, GitLab, Buffer, and Hubstaff are known for hiring 100% remote teams. Research suggests that 95% of employees are hired locally in India by foreign firms. Considering these statistics and by following the lead, you will have access to the second-largest English-speaking population with a high literacy rate. A 1.3 billion dynamic market to choose from and where business is primarily conducted in English. A great tech talent, with 4000 engineering colleges churning out a remarkable 1.5 million engineers every year.
Also “Indians are perceived as ready to adapt to different cultures, diligent and increasingly open to relocating”, as quoted by Kamal Karanth, Managing Director of the Indian arm of global recruiting agency Kelly Services.
While sourcing talent from India, considering the following aspects will come in handy for your foreign company hiring process.
Decoding the employee mindset in India
While staffing employees in India, it is important to understand the Indian work culture. Indian employees working for Indian or multinational companies like to enjoy 10% to 50% hikes annually. Accompanied by favorable taxation, incentives, travel allowances, health insurance coverages, etc. They prefer five working days, and 15-30 days of public holidays. They also like modern office spaces and futuristic office spaces for more comfortable working conditions.
HR TECH as the third eye is the ultimate problem solver, guardian and friend working to do what falls in the employer and employees key interest.Today, Human Resource Management (HRM) is seen as the LEADER of corporate hierarchy!
Its’ function, practice and procedures play a key role in the normal working of work culture.
Human resources in any enterprise- be it small or medium constitutes an important area of study.Careful human resource management in small and medium enterprises is required to create and nourish good opportunities in the production process.
If managed effectively and efficiently, human resources can play a BIG ROLE in realizing the objectives of the businesses looking for ways TO MIND THEIR BUSINESS!
!As quoted in the Research India Publications http://www.ripublication.com 26 as Rajiv Oza, director HR, Dr Reddy’s Laboratories says, “HR will play an important role in attracting and retaining talent to work in SMEs.
For those who would like to fold their sleeves and manage dynamics very near to the market will enjoy their career in SMEs.
