ON
“VIRTUAL EMPLOYEE”
….. Alternate to Conventional Offshore Outsourcing and Hiring In-House
WHAT IS “VIRTUAL EMPLOYEE”?
Virtual Employee (VE) means your employee not physically located with in your own office in home country but located in offshore locations and works for you remotely under your complete control and management as if he/she is your own employee, with no employee liabilities.
FEATURES
VE is employee of service provider legally but in practice it is client’s employee.
VE works with the client and the client gives instructions on daily basis, allocates daily tasks, responsibilities and duties, time line exactly the way as if the client does with own employee in its own office.
Client is responsible for the work output and delivery from VE.
Client retains ownership over the IPs and work product, produced by VE.
WHY HIRE A VIRUAL EMPLOYEE FROM INDIA
Saves more than 70% of your Recruitment Budget.
Saves more than 70% of your Payroll Budget
Best Talent Pool in India (Multi-Disciplined)
Over 3.5 million Graduates and Post Graduates are added annually to the Talent Pool
Strong Economic Fundamentals.
Young Demographic Profile - 60% of Population in the Age Group of 24-26 Years.
Work 24X7
Excellent English Language Skills
Intelligent Infrastructure.
Gives you flexible hours
Literacy Rate
(Youth Literacy Rate)
82 % (2001)
No of Graduate per annum ***
3.5 Million (25% increase in 4 years)
Average Increase in Number of engineering students ***
20 % (Per Annum)
Number of Engineering Graduates ***
350,000 (Per Annum)
Number of Graduates from non technical stream including science, commerce and arts***
2.9 Million (Per annum)
No of universities*** 369
Number of Higher Educational Institute***
18064
Best Talent Pool In India
***Source :- NASSCOM ATKEARNEY Strategic Review 2009
HOW DOES IT WORK?
Recruitment and Selection
Payroll Management
HR Management
Dedicated Work Stations & IT Infrastructure
IT Help Desk
Support Services / Back office Operation
Instructs their Employee on Daily Task, Responsibilities and Duties
Decides How to Implement and Execute Work
Decides What hours Employee will Work
Sets Work Deadline
Supervises and Monitors Work
Responsible for Work Output and Delivery
Training and Development of VE
Formulation of HR Policy, Work Ethics Guidelines and Procedures
Client We
VIRTUAL EMPLOYEE PROCESS FLOW
1. Requirement AnalysisIn dept discussion with our client to ensure our complete understandingof the position & responsibilities requiredof the successful candidates.
2. Identify Prospective VEUsing our network of contacts,our database and advertisingwe start to build a list of prospective candidates.
3. Initial Screening and InterviewScreening of potential candidatesprior presentation to client. Thisstep includes in-dept evaluationinterviews, attitude 7 aptitude tests,language level assessment and problemsolving ability test
4. Presentation to clientPresentation of final candidatesis made to our client in writing via a detailed confidential reportcontaining our summary appraisalof each short listed candidate. Thisis followed by introduction of candidates to the client.
5. Reference CheckingIn practice to directly, contactsupervisor, peers & subordinatesof past and if possible, currentemployer
Formal Employment
WHAT IS REQUIRED & WHAT WE OFFER
Dedicated Virtual Employee
Work Station Furniture Personal Extension White Board Storage Task Light Music Port Networking Executive Cabin Project Manager Room-cum-Meeting Room Extension with only Incoming Facilities Desktop Printer Individual Voice & Data Port PSTN Lines Provisions for UPS Room Provisions for Server Room Independent Access Control
HR Services
IT Help Desk
Support Services
What is Required What we offer
Yes
Yes
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Yes
Yes
YesNote: In case, you require 8-10 virtual employees, we can provide you with “Private Modular Facilities” comprised of 8-10 workstations with executive cabins & project meeting room having Independent access control.
SERVICES
Following are the functional areas in which we provide Virtual Employee services
Accounting, Finance, Tax
Architecture, Interior Design
Banking, Insurance
HR
Administrator
IT software
ITEB / BPO
Legal
Sales & Marketing / Business Development
Purchase / Logistics / Supply Chain
ADVANTAGES OF VE
Very Cost Effective - Workforce and IT Infrastructure just at 1/5th of the cost with improved efficiencies
No employee liabilities
No set up time
Offshore Presence without setting up Corporation or Branch Office
Best Alternate to Conventional Offshore Outsourcing and Expansion In-House
Save time, effort and money and hassles in sourcing, interviewing and recruiting workforce
No Payroll management and HR management activities.
No investment in infrastructure thereby saving huge “Capex”.
Leveraging of global resources to cut down cost and improved efficiencies.
No Compliance cost
Highest Level of Confidentiality, Privacy and Secrecy of Information.
Full Ownership on IPs and Work Product produced by VE
High Level Quality Governance
PRICE
Price of the VE depends on :- Experience Skills Expertise
Price Includes:
Manpower & HR Services Dedicated Intelligent Workstation & IT Infrastructure Shared Facilities & Services IT Help Desk Back Office Services / Support Services
Minimum Price USD 899 Per Employee
Per Month
DETAIL BREAKUP OF SERVICES INCLUDED IN PRICEManpower
& HR Services
Identification & Short listing of Desired Resources Preliminary Interview Final Selection and Interview by Client Training and Development Deployment of Dedicated Resources as per the Skill, Experience and Expertise. Payroll Management Benefits & Compensation Management Performance Management Separation Management Immigration & Expatriation Workforce Management HR Analytics
Dedicated Intelligent Workstation &
IT Infrastructure Work Station
Furniture Personal Extension White Board Storage Task Light Music Port Networking Executive Cabin
Project Manager Room-cum-
Meeting Room Extension with only Incoming
Facilities Desktop Printer Individual Voice & Data Port PSTN Lines Provisions for UPS Room Provisions for Server Room Independent Access Control
Technical Services
Help Desk Technical Support Network Services Desktop Services
Back Office / Support Function
Conference Room Internet / Bandwidth Telecommunication
Infrastructure State of the Art Auditorium Interview / Visitors Rooms High End Training Rooms Cafeteria & Pantry (Chargeable) Gymnasium Indoor & Outdoor Games 100% Power Back Up
Common Facilities& Services
Common Visitor / Interview Room
Maintenance General House Keeping Master Reception Full Air Conditioning Model Fire Detection &
Restraint Systems with Sprinklers
Fire & Smoke Detectors Water Bodies Gymnasium Waiting Area on each Floor Parking – 200 Inside and
500 Outside (chargeable) Centralized Air
Conditioning Lifts Green Areas Water Bodies Staircase
Tax Tax Calculation and Analysis Preparation of Tax Returns Tax Filing Tax Accounting Tax Planning VAT Support Service Tax Support Foreign Tax Credit Preparation of Tax Schedules
Accounts & Finance Book Keeping Invoicing Budgeting & Control Accounts Payable
Management Accounts Receivable
Management General Ledger Accounting Fixed Assets Accounting Financial Reconciliation Inter Company Accounting Management Reporting Statutory Reporting Banking & Treasury Preparation of Financial
Statements
Shared Facilities
Administrative Services Secretarial Services Time Sheets Relocation Services Travel Desk Liasioning Staff Cab Services
Legal Incorporation & Registration
Services Contract Drafting, Review and
Management Litigation Support Services Compliance and Regulatory
Services Corporate Secretarial Services Patent and other IPR Support
Services Due Diligent Services Immigration Services Document Management
Services
COST SAVING AND CALCULATOR
Sr.No
Cost Now In-House
(Monthly in USD)
If Outsourced(Monthly in
USD)
A Salary 10,000 4,000
B Benefits 20% of ‘A’ 2,000
C Insurance 20% of ‘A’ 2,000
D Associated Cost 10% of ‘A’ (Recruitment, Hiring, and Training etc.)
1,000
E Overheads 35% ‘A’ (Real Estate, Infrastructure & Support Cost)
3,500
18,500 4,000
Sr.No
.
Cost Now In-House
(Monthly in USD)
If Outsourced(Monthly in
USD)
A Salary 7,000 3,500
B Benefits 20% of ‘A’ 1,400
C Insurance 20% of ‘A’ 1,400
D Associated Cost 10% of ‘A’ (Recruitment,
Hiring, and Training etc.)
7,00
E Overheads 35% ‘A’ (Real Estate,
Infrastructure & Support Cost)
2,450
12,950 3,500
(A) ATTORNEY / LAWYER (3-5YRS)
Net Savings: 18,500 - 4000 = 14,500 per Virtual Employee
(B) IT PROFESSIONAL / SOFTWARE ENGINEER / PROGRAMMER (EXP. 3-5 YRS)
Net Savings: 12,950 - 3,500 = 9,450 per Virtual Employee
Sr. No.
Cost Now In-House (Monthly in USD)
If Outsourced (Monthly in USD)
A Salary 5,000 2,500
B Benefits 20% of ‘A’ 1,000
C Insurance 20% of ‘A’ 1,000
D Associated Cost 10% of ‘A’ (Recruitment, Hiring, and
Training etc.)
5,00
E Overheads 35% ‘A’ (Real Estate, Infrastructure & Support Cost)
1,750
9,250 2,500
Net Savings: 9,250 - 2,500 = 6,750 per Virtual Employee
(C) ACCOUNTANT (3-5 YRS)
VE FACILITY LOCATION
Located in Chandigarh, 160 miles (towards North) from New Delhi (Capital of India) - the only planned city in India designed by World leading French Architect, in the foothills of the SHIVALIK Range of HIMALAYAS in North-West India.
Chandigarh has been declared as one of the most preferred IT destination (3rd Slot). Chandigarh, being Tier-III city, ensures lower labor costs, lower real estate costs and reduced Staff attrition rate (Source: Jones Lang La Salle – Leading Real Estate Management Company).
Our Facility located in State of the Art “Rajiv Gandhi Chandigarh Technology Park” – a venture of Chandigarh Administration, Government of India.
Our IT Facility adjacent to Infosys, Airtel, IBM, Tech Mahindra, DLF, The Grand Hyatt, Pride Asia-Asia’s self contained intelligent township.
10 Km from Airport, 3 Km from Railway Station, 8 Km from City Centre and 8 Km from the General Bus Stand.
VE FACILITY Plot size 7260 Sq. mtrs (one and half acres).
Total covered area of more than 80,000 Sq. ft. with 2 basements scalable up to 1,50,000 sq ft..
More than 60, State of the Art and self contained Modular facility / independent zones comprised of 8-10 workstations each with Project Manager-cum-Meeting Room and executive cabin having independent access and control.
High end I.T. and Telecommunication Infrastructure such as server room, UPS room, network & telecom infrastructure etc.
Intelligent common facilities and amenities like Master Reception, Cafeteria, Gym, Games, Training rooms, Visitor / Interview rooms, Conference rooms etc.
100% Power Backup
Car parking for more than 500 vehicles
WHY CHANDIGARH Chandigarh has been declared as one of the most preferred IT destination. Chandigarh, being Tier-III city, ensures lower labor costs, lower real estate costs and reduced Staff attrition rate (Source: Jones Lang La Salle – Leading Real Estate Management Company). Besides, Gartner, a leading Global marketing research firm, during their recent study, has also recognized Chandigarh as one of the most preferred IT locations. Chandigarh has also got third Slot at the NASSCOM ATKEARNEY study on location Road map for IT-BPO growth.
Ranked No. 7 in terms of FDI (Foreign Direct investment) in India . Excellent Social and Business Infrastructure in India. Highest Per Captia Income in India Top IT players like Infosys, IBM, TCS, DELL, Quark, Wipro etc. are located High literacy rate of 81.9% No. 1 in the country in Human Development Index. No. 1 in the country in Law and Order Index. More than 85 Engineering and Technical colleges in and around Chandigarh Large knowledge pool of more than 30,000 qualified professionals per annum. Well connected by Air, Rail, and Road. Temperature ranges from 2O to 40o C. Cleanest, Greenest and Most Planned City in India. Only well planned and modern city in India.
The highlights of the study of NASSCOM ATKEARNEY in respect of Chandigarh are as under (on a scale of 1-10):
Table 1
Table 2
MAP SHOWING FACILITY LOCATION
FOUNDER / PROMOTERS Arti, CEO & FOUNDER (26 years) - Post Graduate &
professionally qualified in Human Resource Management from India’s one of the top 10 management schools- IIM Kolkata having more than 8 years of expertise in HR Management & Administration.
Raman Aggarwal, Advisor General (43 Years) -Professionally qualified Chartered Accountant having more than 25 years of expertise in Accounts, Tax, Legal Strategy, Planning and Business Management.
Simpy Gupta, Director (38 years) - Professionally qualified Law graduate and Company Secretary, having more than 15 years of experience in Legal & Corporate matters.
VISION, MISSION & VALUE STATEMENT
Vision: To “Transform Outsourcing Services”
Mission: To deliver long term benefits and measurable value to our customers by leveraging our:
Tenets of Quality and Innovation, Best People Talent, Self Sustaining Processes Framework Cutting Edge Technology Domain Knowledge & Expertise.
Value: Our value proposition is to ensure cost effective and efficient business operations by delivering technology enabled business solutions.
ADVANTAGES OF US
One Stop Shop State of the Art Modular IT Facility Strategic Location Experienced Management Best People Talent Deep Domain Industry Knowledge & Expertise Best –in-Class Process and Quality System Flexible and Transparent Delivery & Engagement Model Substantial Cost Savings Scalability of Operations Low Attrition Rate through Best Recruitment & Retention
Strategies Cutting Edge Technology Timely Delivery Robust Information & Security Management System Delivering the Best ROI
VIEW OF OUR IT FACILITY
Virtual Employee In India Regd. office: SCO 35, Second Floor, Sector -26, Chandigarh 160 019
Tel- 91-172-2790366, 2790075, Fax-91-172-2790260, Mobile-09780240000e-mail: [email protected],
[email protected],[email protected]
Website: www.virtualemployeeinindia.comIT Facility: Plot No. 14, Rajiv Gandhi Chandigarh Technology Park,
Chandigarh-160101
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