end-to-end hR outsource provider in Malaysia

An Employer of Record (EOR) is a third-party organization that acts as the official employer for employees working on behalf of another company. This arrangement is often used in situations where a company wants to hire employees in a location where it does not have a legal presence or infrastructure.

1. Assisting client in providing detailed job description and specifications for recruitment.
2. Developing and implementing sourcing strategies through various effective recruitment channels such as job boards, social media, networking events, and campus recruitment.
3. Creating job advertisements and distributing them on relevant platforms.
4. Conducting preliminary assessments through screening tools and assessments on the applicant pool.
5. Performing detailed evaluations on candidate resumes and background checking.
6. Providing end-to-end interview coordination with shortlisted candidates.
7. Collaborating with hiring managers to ensure a consistent evaluation process.

• Market and Regulatory Research:

  • Conduct market research to understand local demand and competition.
  • Familiarize yourself with Malaysian business regulations, including tax laws and employment laws.

• Business Structure and Registration:

  • Choose the appropriate business entity (e.g., Private Limited Company) and register with the Companies Commission of Malaysia (SSM).
  • Obtain necessary licenses and permits for your industry.

• Financial and Legal Setup:

  • Open a local bank account and establish an accounting system.
  • Ensure compliance with intellectual property protection and local legal requirements.

• Local Talent and Office:

  • Hire local employees and understand labor market dynamics.
  • Secure a suitable office location and understand leasing regulations.

• Local Partnerships and Networking:

  • Form partnerships with local businesses or consultants.
  • Engage with local business communities and trade associations for networking and support.

1. Local Expertise and Compliance

• Understanding Regulations: HR outsourcing providers are well-versed in Malaysian labor laws, tax regulations, and compliance requirements. They ensure that your business adheres to local regulations, avoiding legal pitfalls and penalties.
• Navigating Complexities: They handle intricate legal requirements, including employment contracts, benefits administration, and regulatory updates, which can be challenging for foreign companies.

2. Cost Efficiency

• Reduced Overheads: Outsourcing HR functions can be more cost-effective than setting up an in-house HR department, especially when you’re starting in a new market.
• Scalability: You can adjust the level of HR services based on your business needs, avoiding the costs of hiring full-time HR staff until you scale up.

3. Focus on Core Businessa

• Core Functions: By outsourcing HR functions, you can focus on your core business operations and strategic goals rather than getting bogged down with administrative tasks.
• Efficiency: Outsourcing allows you to leverage the expertise of HR professionals, ensuring that HR tasks are managed efficiently and effectively.

4. Talent Management and Recruitment

• Local Networks: HR outsourcing providers have established networks and recruitment channels, which can help you attract and hire top local talent more quickly.
• Best Practices: They apply best practices in recruitment, onboarding, and employee management, which can improve overall HR effectiveness.

5. Risk Mitigation

• • Legal and Compliance Risks: Outsourcing reduces the risk of non-compliance with local labor laws and regulations, as HR providers are familiar with the latest legal requirements and practices.
  • Employment Issues: They manage employment-related issues such as disputes and terminations in accordance with local laws, reducing your legal and operational risks.