Costs hurt, but unplanned ones upset business plans

“We thought we had estimated all the big ones, but this one caught us off guard”.   Carla did not take into account the Indian social security contributions when preparing the cost sheet for her VP moving to India.  Even though introduced almost a decade ago, the rules are not as well understood as they should be. Typically grossed-up to reduce the employee impact, this line item was nearly 30% of the overall compensation cost.  Making things worse, there were additional interest costs for delayed compliance. 

Plan ahead and get the costs right before your employee moves –  We assist clients budget realistically for tax, immigration and social security costs so these don’t come as a shock later. We work with reliable partners, at reasonable costs, in helping your expatriates settle down in India.          

Avoid unnecessary penalties for delayed payments to regulators – we help clients report payroll to regulators timely so your organization keeps compliance costs to the minimum.

Morphing businesses and talent pool

“We spent a lot of time during the merger thinking about business and talent synergy. We got everything right, but the benefits paperwork”. Employee benefits also need to change when your business or talent pool changes. Like fashion, sticking to one menu in your benefits package is passe. We help clients re-evaluate remuneration and benefits, track and advice on regulatory changes, and get the paperwork right.

News alerts – as it happens

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