What advice do you have for new market entrants on HR?

When you are first setting up in India hire your most senior people first – this is usually your national sales manager. It is a really good idea to have him on board before you hire the rest of the team.

Get your policies and procedures in place early to avoid unnecessary problems later. A clear payroll system and fair policies for travel allowances and hours worked are really important to ensure transparency and fairness. Also set up an induction process – include basics about your company, your code of conduct as well as information about insurance and statutory payments.

All companies will need to pay “PF” when they reach a certain size and this will need to be factored into the payroll and become part of induction.

M+V are experts at recruiting senior people for foreign companies in India – salary bench-marking, recruiting the right people and managing payroll.  Ask us today for help!