Professional Employer Organization: A Global Success Story
Global PEO Services assists companies in hiring employees in Bangladesh without the need to establish a legal entity. The Global PEO manages all human resources, advantages, payroll and also tax needs for employees. While new hires and headquarters teams focus on your company’s goals. There are many clients globally who work with us. We provide comprehensive Peo services and EOR solutions in Bangladesh.
A global survey shows that, The Hire a PEO services and Eor services is increasing day by day globally. 55% small or medium size businesses need help with payroll, HR and taxation solutions.
1. PEO services becomes the legal employer of your workforce, handling compliance, taxation, and payroll. However, the employees continue to be direct by your company.
2. Global PEO services provide advantages such as faster entry into foreign markets, more cost-effective expansion, and assurance of full legal compliance.
3. Global PEO solutions are appropriate for large enterprises, small to medium-sized businesses, startups, non-governmental organizations and individual freelancers.
Our Clients: A Online PEO Services
Problems: Accordingly, our Client uses proprietary software to enter international markets with the goal of assisting businesses in dealing with the complexities of global digitalization commerce. This client was going through a lot of rapid growth in a short period of time. They needed to test new international markets and also quickly hire employees in multiple global locations but lacked the time and resources to set up a full system of legal persons. They should hire PEO services for the solutions.
Solutions: Their first employee was found in Bangladesh. The candidate had accepted the offer and the client desired that the employee begin work within two weeks. Our team quickly set up locally compliant employment contracts and worked with the employee to address any concerns or questions. We simplified payroll, benefits, working space, and another HR needs through our PEO services, allowing the employee to start on time.
The customer and their employee had a pleasant experience. As a result, we went on to assist the client with their global hiring & setup requirements in Nepal, India and Singapore. We personalize our process in each country to ensure a quick setup for new recruits. As the client expands into new markets, we customize our hiring practices to meet their requirements. This enables them to find and hire top talent wherever and whenever they want to grow.
Another Client: A Machine learning And Artificial Intelligence Company
Problem: Our client is an open-source AI and machine learning pioneer. Their goal is to enable businesses to use AI in financial products, insurance, health insurance, telco, retail, pharma, marketing, and other industries. Their industry-leading systems are use by hundreds of thousands of data scientists across the globe in over 20,000 organizations. As a rapidly expanding company, our client require a partner who could assist them in testing new markets around the world.
When the customer learned about our International PEO Services, they contacted us and inquired about a solution to a specific problem they were experiencing. The client was having significant difficulties procuring and managing employee benefits for their smaller global teams.
We quickly put our expertise to use when faced with a tight deadline. Our PEO services provider teams coordinated between our customer and the employees to obtain the necessary advantages and ensure that both new hires were onboarded within the timeframe specified.
The client was able to secure benefits for their lower headcount workforce in Singapore and legally hire these new hires in a fraction of the time it would have required to set up their own entity by leveraging us and our pre-established networks of global entities and providers. When this Client considers expanding, they now consider Global PEO Services.
Result: Our team is committed to providing our clients with measurable results. Our PEO services are provided in accordance with the client’s timetables in order to empower their people and stimulate growth. We strive to build long-term relationships and assist our clients in meeting their expansion objectives in over 100 countries.
Consistent collaboration and also open communication with our clients, their employees and other vendors results in a positive experience for all parties involved. We adapt as our customers pursue international recruiting campaigns to ensure that everything is done quickly and effectively. To learn more about PEO Services, please contact us today.