Wisemonk

Wisemonk

Information Services

Bengaluru North, Karnataka 23,763 followers

Simplifying global companies' talent operations in India by offering payments, compliance & device procurement solutions

About us

Wisemonk platform offers Employer of record, Equipment and Payroll services for Indian talent operations of global companies. We offer international work payments to India and provide end-to-end local compliance coverage and advisory.

Website
http://wisemonk.io
Industry
Information Services
Company size
51-200 employees
Headquarters
Bengaluru North, Karnataka
Type
Privately Held
Founded
2020
Specialties
Talent acquisition, Employer of record, EOR, PEO, Professional employer organisation, Equipment as a service, India compliance, Payroll as a service, and International contractor payments

Locations

  • Primary

    Residency Road

    WeWork Galaxy

    Bengaluru North, Karnataka 560025, IN

    Get directions

Employees at Wisemonk

Updates

  • View organization page for Wisemonk, graphic

    23,763 followers

    This International Women's Day, we celebrate the brilliance, strength, and resilience of women everywhere. 🌸 Let's keep the momentum going by empowering and uplifting women in every facet of life. It's not just about fairness; it's about embracing the intelligence and #innovation that #women bring to the table. Join us in recognizing the value of diversity and inclusivity by hiring more women this IWD. This #iwd, Wisemonk has launched its exclusive Women's Day deal to help more women get the exposure they deserve. Empower Your Female Employees and enjoy 50% Off per Employee on India EOR🚀🚀🚀 Together, we can create a brighter and more equitable future for all! 💪🚺 Happy Women's Day, once again. 🌟 #InternationalWomensDay #IWD2024 #empowerwomen #womenempowerment #eor #eorservices #iwd2024womenleadingtheway

    • This International Women's Day, we celebrate the brilliance, strength, and resilience of women everywhere. 🌸



Let's keep the momentum going by empowering and uplifting women in every facet of life. 



It's not just about fairness; it's about embracing the intelligence and innovation that women bring to the table. 



Join us in recognizing the value of diversity and inclusivity by hiring more women this IWD. This IWD, Wisemonk has launched its exclusive Women's Day deal to help more women get the exposure they deserve.



Empower Your Female Employees and enjoy 50% Off per Employee on India EOR🚀🚀🚀



Together, we can create a brighter and more equitable future for all! 💪🚺 



Happy Women's Day, once again. 🌟

#InternationalWomensDay #IWD2024 #EmpowerWomen #DiversityAndInclusion #eor #eorservices #deel
  • View organization page for Wisemonk, graphic

    23,763 followers

    Unpopular Opinion: Why should you hire more women? Why should Diversity, Inclusion, and Equity (#dei) even matter to you? ♀️👩💻💁🏻♀️ Because it’s better for your business. 🚀 Yes. According to us and the #wef, hiring more women is better for your company's growth and innovation. Here’s a round-up of the current state of Women in Leadership as per the World Economic Forum’s Global Gender Gap Report 2023: 📍As of 2023, women hold 32.2% of senior leadership positions across various industries, despite representing 41.9% of the overall workforce. This underscores the underrepresentation of women at higher levels of corporate hierarchy, particularly in sectors traditionally dominated by men. 📍Sectors like #healthcare and Care Services (49.5%), #education (46.0%), and Consumer Services (45.9%) have near-parity or significantly higher representation of women in senior leadership roles. This suggests that industries with greater gender #diversity at the top are already leveraging a broader range of perspectives to drive innovation and results. 📍There’s a marked decrease in female representation as the seniority level increases, with women's share dropping to 25% in C-suite positions from 46% at the entry level. This is addressed as the "Drop to the Top" phenomenon. 📍There has been a progressive increase in women's representation in senior leadership roles since 2016 across sectors like #Technology, Information and Media, and Professional Services. 📍Early 2023 data indicates a slight decrease in the representation of women in senior #leadership roles, suggesting potential setbacks in gender diversity efforts. This emphasizes the need for continued commitment to promoting diversity and equality at the top. ✅ The Impact on Innovation and Results: The presence of industries with higher female representation in leadership roles, and those showing improvement over time, can be ‘correlated’ with broader perspectives, enhanced #innovation, and better results. This reinforces the argument that diversity isn't just a moral or ethical choice but a strategic one that can lead to superior outcomes. #genderequality #diversityandinclusion #womenempowerment #womeninbusiness #womenatwork

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  • View organization page for Wisemonk, graphic

    23,763 followers

    India saw more than 34,000 Employees laid off by 121 Startups in the last two years. ↘ The worst impacted sector by these layoffs was the #edtech sector. Since 2022, 24 Indian edtech startups, encompassing six out of the seven edtech unicorn companies in the sector, have laid off 14,616 employees. Did you know? ✅ As per Indian Law, Severance pay isn't mandatory unless specified in the employment contract. ✅ Role redundancy may involve gratuity, accrued leaves, payment in lieu of notice, applicable bonuses, and other outstanding amounts, depending on the employment agreement. ✅ Indian employment regulations typically stipulate notice periods ranging from 30 to 90 days, allowing for a graceful exit for both parties. Learn more about India's Employment Regulations in our detailed Hiring Guide. 🔗 Link to access in the Comments. #layoffs #indiajobs #hiring #severance #Wisemonk #byjus

  • View organization page for Wisemonk, graphic

    23,763 followers

    The #1 fastest growing job in India's IT hub, Bengaluru is an Investment Associate, as per LinkedIn News. Reason: The rise in #fintech funding and an increased interest in investments in financial assets. The Investment Associate role is highly sought after in leading industries such as Capital Markets, Fundraising, IT Services and IT Consulting. #JobsontheRise Get Hired by LinkedIn News India LinkedIn News India #investment #bengaluru #indiajobs #hiring

  • View organization page for Wisemonk, graphic

    23,763 followers

    Over 20,000 foreign nationals are holding an Indian employment visa from 147 different countries. 🇮🇳 In the last few years, India has emerged as a hub for Expats. The rapidly developing infrastructure, the booming tech, the rich cultural experience, and the ease of working in India have added to its charm. Gaining a work permit or a business visa in India is relatively easy. ✅ For foreign nationals who are highly skilled professionals, VCs, investors, NGO workers, and so on. ✅ Employment Visas can cost from$120 to $560, and $120 to $230 for Business Visas. ✅ For an Indian Employment Visa, you require a minimum annual salary of $25,000. To read more about Work Permits in India and how to obtain them, head over to our latest resource. 🚀 🔗 Link pinned in the Comments.

  • View organization page for Wisemonk, graphic

    23,763 followers

    Unlocking Global-Remote Talent from India: 8 Reasons Why It's a Strategic Move 🌐🇮🇳 Consider tapping into India's diverse talent pool for your remote workforce: 📍Diverse Skillsets: Expertise across industries. 📍Cost-Efficiency: Access top-tier talent without exceeding your budget. 📍Time Zone Advantage: Achieve around-the-clock productivity. 📍Cultural Diversity: Enrich your work environment with varied perspectives. 📍English Proficiency: Smooth and effective communication. 📍Tech-Savvy Professionals: Access individuals versed in the latest technologies. 📍Flexibility and Adaptability: Key traits for a dynamic business environment. 📍Quality Education and Training: Well-educated professionals with global standards. It truly is India's century! 🇮🇳🌐💼 #remotetalent #globalhiring #IndiaTalentPool #india #jobsontherise LinkedIn News India 🚀🇮🇳

  • View organization page for Wisemonk, graphic

    23,763 followers

    58 Million American adults identify as independent workers. 💰 That's about 36% of the American workforce - and they are classified under 1099 workers. Here's what stands out about them: ✅They must not be confused with regular employees. ✅Taxes are not withheld by businesses as in the case of a W-2 employee. ✅The obligations of a full-time employee do not apply to a 1099 employee. Discover everything about 1099 workers in our free guide. 🔗 Link in the comments.

  • View organization page for Wisemonk, graphic

    23,763 followers

    🌏 Why India's #budget2024 Matters for Global Businesses? 🔍 Understanding the #fiscal policies of key markets like India is vital for foreign businesses. The unveiling of India's annual Budget is not just a local affair; it's an event of global economic significance. 💼 For companies looking to expand or operate in #india , the Budget provides crucial insights into the government's economic priorities, regulatory changes, and #investment opportunities. It's a roadmap that can influence business strategies, from market entry to scaling operations. 📈 The Budget's implications on taxation, #foreigninvestment regulations, and sector-specific incentives can directly impact #profitability and operational efficiency for foreign businesses. 🌐 India's Budget becomes a barometer for economic health and policy direction. For businesses aiming to thrive in this vibrant market, keeping a pulse on India's fiscal policies is not just recommended; it's essential. 🔗 Link to India's Budget Highlights #IndiaBudget #GlobalBusiness #MarketInsights #Wisemonk #BusinessStrategy #EconomicGrowth #InterimBudget #Budget2024 #unionbudget

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