Why the organizations hire employees in direct retainership but not in company’s payroll??? And what does direct retainership means??? Anyone please suggest ??
From India, Delhi
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1From India, Delhi
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Employees hired on direct contract don't pose much liability on the employer as their term is predefined unless the contract is renewed.
Employers usually opt for such direct contracts when the work is of a temporary nature and treat these employees as hired professionals.
A company's payroll refers to actual employment, with all liabilities lying with the employer.
From India, Pune
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Employers usually opt for such direct contracts when the work is of a temporary nature and treat these employees as hired professionals.
A company's payroll refers to actual employment, with all liabilities lying with the employer.
From India, Pune
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
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