Bhutan EOR & PEO

When you work with an EOR in Bhutan, you gain a valuable partner who can help you hire and manage local employees with ease. EORs typically provide the following services for their clients:

1. Hiring your employees: Some EORs offer recruitment services, which you can make use of if you haven’t already connected with the employees you wish to hire. Using its labor pools and local networks, an EOR can find you the people you need to fill your vacancies, whether you need an individual or a whole team. Once it finds appropriate candidates, it will put them forward to you for approval. Once you accept candidates, the EOR will hire them, becoming their sole legal employer in Bhutan while contracting them to work for you.
2. Managing employment contracts and onboarding: Most EORS will help you negotiate terms with candidates you want to hire by recommending working conditions and salaries that are appropriate and attractive. These terms can be negotiated directly with the candidates. Once they’re agreed upon, they’ll be formalized when the EOR writes legal contracts and enters into them with the employees. Once they’re officially hired, or sometimes even before, the EOR can start onboarding your workers for you. This is typically done through their online platforms with the workers uploading and signing relevant documents. They’ll be entered into the EOR’s employee management system and be ready to get to work.
3. Processing payroll and handling employment taxes: Payroll is one of the HR functions you’ll normally outsource to the EOR. While you still need to collect worked hours data, you’ll transfer it and the EOR will do the rest. Based on your data, it will calculate each employee’s gross salary and then calculate taxes and social security contributions. It will disperse the workers’ net salaries to them, remit withheld employee taxes, and pay social contributions. All of the EOR’s payroll records will be kept for you and it will also give each employee a detailed payslip for their information. The EOR will invoice you regularly for the funds needed for all of these tasks.
4. Administering benefits: Mandatory benefits like sick leave and paid holidays will be managed automatically by the EOR’s system. If you choose to offer your employees additional benefits like private pensions or insurance, these are often available for purchase as add-ons from the EOR. Otherwise, these programs can be purchased externally and the EOR can manage regular payments for you.
5. Taking care of exit procedures: When you need to terminate workers, either for individual reasons or group reasons like winding down your operations, the EOR will take care of this for you. As the employee’s legal employer, the EOR will have to provide them with appropriate notice and, if necessary, pay them severance.