Are your days too short? Do you find yourself wearing multiple hats? Do you feel that your business is running you?
Employee Mobility Solutions, otherwise known as Professional employer organisations (PEO) are services that provides employee management services, such as payroll processing, benefits management and recruitment. Legally speaking, they hire the employees directly in a process called co-employment or joint employment.
As more and more companies are expanding worldwide, Employee Mobility is turning out to be a pressing need. However, moving employees around the world isn’t easy. Out-dated technology just complicates matters for your HR team especially if you are a small business owner or a new entrepreneur. In a PEO partnership, you run your business, but your PEO partners will do what it does best: payroll and benefits administration.
The challenges of traversing continents to arrive at a host country with different employment laws and tax regulation can be a nightmare. That’s why partnering with the right outsourcing company can speed up your processes, create savings, and make the relocation easier.
According to SIRVA’s report titled ‘Talent Mobility for Business Growth’, more than 55% of participants indicated the mobility function had undergone a transformation in the past three years, with more than 81% acknowledging the transformation had an impact on how it operates within the organisation..
98% of PEO clients would recommend a PEO to a small or midsized business colleague - Source: PEOs: Good for Businesses and Their Employees, National Association of Professional Employer Organizations
Using a PEO is a way to outsource the tasks you don’t have the time or expertise to handle. Ideally, people who really are experts in health insurance, retirement savings, and human resources best practices will then manage those tasks for you.
Partnering with a PEO, like Propay Partners, will allow you more time to focus on growing your business in Malaysia. If your goal is to better serve your team and Clients, then partnering with us is the perfect fit for you.
