If you are a small business operating in Thailand then you already know about the difficulties of having the resources to meet your needs with regards to human resources. When you have to hire an individual employee or many more, it takes up an incredible amount of your time and money to be able to find someone to come work for you. You have to do all of the advertising, the interviewing, the job offer and then finally on-the-job training and even then, you’re still not sure if you have the right person for the job.
This is why it is so important that you invest your time and money into something that will provide you with the best employees possible and this is why Thai businesses and even foreign businesses make sure that they use the best PEO services currently available. It will be their job to assist you when it comes to human resources and that not only includes hiring but also processing your payroll, providing workers with compensation and much more. This allows you the business owner to focus on the core of your business and meet your business objectives.
Several businesses all across Thailand use this fantastic service but smaller businesses in particular. If you need an extra push to convince you that this is something that you need to sign up for then the following are just some of the reasons why your business in Thailand definitely needs these services.
- You get additional support – Every small business and especially those that are just starting needs as much help as they can get at the very beginning so that they can keep their heads above water and still be trading in 3 to 5 years from now. Reaching out to a PEO service provider allows you to get essential advice when it comes to training, putting excellent customer service into place and the hiring of full-time and part-time employees.
- You can offer better employee benefits – In order to get the best people to come to work for your business, you need to be able to offer them a number of benefits that your competitors cannot. By signing up with a reputable PEO, you get to take advantage of their experience when it comes to negotiating for lower costs in relation to private medical care, life insurance and many other things.
- They provide you with legal support – Dealing with employees in relation to their employment can be a little bit of a minefield and especially so when it comes to issues with payroll. It’s likely that you will be unfamiliar with the legal side of payroll and the many regulations that go alongside it. Your service provider can put you in touch with legal professionals who can answer any questions that you have in order to minimise your business risks.
- They can do your payroll – This is an incredible amount of responsibility that you can take off your shoulders and put firmly onto theirs. They are more than happy to take on all of this responsibility and so they will carry out everything including withholding tax, the relevant documentation that goes with that and figuring out their sick day payments. They will use an automated system to make sure that your staff are paid in full and on time at the same time every month directly into their bank accounts. This allows your staff members to take their well-deserved vacation time in the city or beach.
- They can assist with recruitment – Finding the right kind of qualified candidates in Thailand can be incredibly difficult sometimes and so in order to be able to attract the best applicants, your PEO can help to create better job descriptions and they can offer advice and training to your staff so that you invite the best candidates for the job and that you offer them the best salary packages currently available.
In order for your small business to grow into a bigger one, it makes sense to outsource your needs because this allows you to focus your time and energy on important tasks within your business like increased productivity and genrating profits.