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HR companies fooling you

Since long time some old guard HR service companies have been ripping apart the companies by charging abnormally higher service charges for outsourced employment. They have have cheating employer by taking plea that 6% tax is applied on gross amount so, asking employer to add 6% in their 6% or even 8% service charges to make it 12 or even 14% service charges for outsource employment management, which is equal to professional dishonesty. At the year end these companies get hefty refunds against all deductions made throughout the year. It has been long now since tax exemption certificates are given to private limited HR companies so they do not have to charge additional 6% to employer any more. So, if you are paying any thing more than normal 6% or 8% against outsource employment then you must reconsider your decision and think of changing your existing vendor.

Posted by: Esquare Admin

Topic Comments

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