Question 1

What is an Employer of Record (EOR)?

Accepted Answer

An Employer of Record (EOR) legally employs staff on behalf of your company in India. SynkPay becomes the legal employer, managing payroll, contracts, benefits, and compliance, while you oversee daily operations.

Question 2

How does SynkPay cost less than other payroll solutions?

Accepted Answer

SynkPay operates from India, where operational costs are significantly lower compared to other global payroll companies. With 10 years of experience, we've optimized our operations and infrastructure, allowing us to pass these savings directly to our clients.

Question 3

How does SynkPay's EOR model work?

Accepted Answer

You define roles and manage team performance. SynkPay handles onboarding, contracts, payroll, benefits, and labor compliance — all under Indian law. Employees are officially employed by SynkPay, saving you the hassle of entity setup.

Question 4

How quickly can SynkPay onboard a new employee?

Accepted Answer

We can onboard a new employee within 1-2 days of finalizing your requirements.

Question 5

What kind of background checks does SynkPay perform?

Accepted Answer

We conduct comprehensive background verifications, including identity checks, address confirmation, criminal background verification, education record checks, and previous employment confirmation. We also perform reference checks with previous employers.

Question 6

What equipment does SynkPay provide to engineers?

Accepted Answer

We provide industry-standard laptops (typically MacBooks or high-performance Windows machines) along with necessary peripherals. We can also accommodate specific hardware requirements if needed. All equipment is managed and maintained by our IT team.

Question 7

Does SynkPay charge any onboarding or setup fees?

Accepted Answer

No, we do not charge any onboarding or setup fees. Our pricing for EOR solutions is transparent and upfront, with no hidden costs.

Question 8

Does SynkPay have a minimum number of employees?

Accepted Answer

No, we do not have a minimum number of employees. You can hire as few or as many employees as you need using our Employer of Record services in India.

Question 9

Does SynkPay handle intellectual property protection?

Accepted Answer

All our employment of record services models include robust IP assignment and confidentiality clauses that protect your company's intellectual property. We also implement security protocols and regular training for all employees on data protection and security best practices.

Question 10

EOR vs PEO: Which is right for me?

Accepted Answer

PEO services require you to set up a legal entity in India and share employer responsibilities. With SynkPay's EOR model, no entity is needed—we handle compliance and legal obligations while you retain full operational control.

Question 11

What currencies does SynkPay support for billing?

Accepted Answer

SynkPay supports billing in USD, AUD, NZD, SGD, GBP, INR, EUR, CAD

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