Building Remote Teams in India

By: Remunance Services Pvt. Ltd.
PUNE, India - Aug. 1, 2022 - PRLog -- The COVID-19 pandemic disrupted a great many businesses worldwide. The pandemic tested the resilience of companies to doing business under uncertain conditions. There was confusion followed by chaos as California was the first state in the US to lockdown. Economic activity seemed to be coming to a grinding halt. Businesses had to rapidly learn new ways of conducting business as their employees were forced to stay home. Physical teams started transforming rapidly into virtual teams. It took a while but gradually remote work and work from home became mainstream.

In this blog, we aim to address concerns about arriving at the know-how of hiring a remote team. How an Employer of Record services, i.e EOR services in India or an International PEO can contribute to finding the right fit with relevant experiences at competitive rates.

Our blog will educate you on exploring India as a prospective location for skilled resources, the risks, advantages, costs, and strategies for hiring and retaining a remote team in India. As well as how Professional Employer Organizations, i.e ere was a surge of companies coming to India. India benefited hugely from the pandemic. It's one of the biggest countries in the world with a fast-growing economy, so it wasn't a surprise why it became the top destination for hiring a remote team.

To get some context, the Indian Ministry of Corporate Affairs (MCA) registered more than 124,000 companies in 2019-20, 155,000 in 2020-21 (25% growth), and 167,000 (8% growth) companies registered in the financial year 2021-22.

During FY 2021-22, the states that registered the largest number of companies were Maharashtra with 31,107 companies, followed by Uttar Pradesh at 16,969, Delhi at 16,323, Karnataka at 13,403, and Tamil Nadu at 11,020 companies.

Advantages of hiring a remote team and leading remotely
Broadens brand reach in two countries

By narrowing down on India as a prospective location for your global business expansion plans, you will have an opportunity to augment your brand visibility and culture in dual countries.
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Tags:Peo In India
Industry:Human resources
Location:Pune - Maharashtra - India
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