Business · December 19, 2019

Why Do You Need a PF Consultant?

As an employer, you know the difficulties that can come up with the whole PF process. If not, then you will eventually get to know the kind of roles and tasks you need to maintain as an employer in the PF or payroll process in India (Click here: https://www.workforce.org.in/payroll_outsourcing.php). This is because you need to undertake the ESI and PF schemes as soon as your organisation has 20 or more employees employed. There are a couple of reasons why you need to hire a PF consultant and this article will tell you why.

  • You will be cutting costs: More than actually hiring another employee, you are simply hiring someone for their service that you do not need constantly. Therefore, it will be for a limited period of time only. Therefore, you are saving a month’s salary had you employed a full- time employee for these tasks. 
  • It will benefit your organisation: You may not be familiar with the rules and regulations of the schemes. It may be confusing to understand the entire process on your own, However, if you already have a PF consultant to help you with these things, this process becomes a lot easier for you. 
  • It will help you reduce costs: As mentioned above, it is a tedious process. There are many calculations and information that you need to generate while filling up these forms. More importantly, there are certain deadlines that you cannot miss out on. While you do not want to make any mistakes in this process, there is only so much you can do on your own. Therefore, it is better if you reach a payroll outsourcing company in India for your PF solutions. You are, in a way, saving HR costs in your organisation.  
  • They make inspections hassle-free: There can be a random inspection under these schemes in your organisation. If you have a PF consultant, they will make that process for you a lot easier to deal with. Even though they are just a procedure, you still need to provide them with all the information. That is only possible when you understand the entire process. This is a very important reason why a lot of people hire PF consultants. 
  • It will help you, as an employer: ESI and PF are only a part of the employee’s salary. A good PF consultant will bifurcate that salary into different parts, as directed by the government, and will make sure that you are paying the required amount, which can be reduced to a great extent, Therefore You will be saving money as you have a good hold on how to deal with the PF scheme. 

These are some of the reasons why you need to hire a PF consultant. It is because of the reasons mentioned in the article above that you need to make sure that the consultant is physically reachable to you. Therefore, if your company is based in Gurgaon, make sure that you hire a PF consultant in Gurgaon (Visit here: https://www.workforce.org.in/) only.