Professional Employer Organization
|Client requires to open an entity in SL||Yes|
|Termination of resource||3m after probation, 1m within probation. Compensation to employee according to the govt Acts on termination of services|
|Work location||Home/Client place|
|Hours a month||45 hours a week|
|Working hours||Local time|
|Additional work hours||Additional hours * 1.5 time of hours cost, according to the OT law|
|Devices and Infrastructure||Client’s arrangement|
|Recruitment Fee||One month’s cost in case if SourceOne deploys a profile for client|
|Replacement||Free within 3 months for SourceOne deployments|
|Pricing||25% against the total cost|
|Data protection/IP rights||According to the ISO 27001:2022 standards|
SourceOne as a PEO maintains a co-employment relationship between the client, the employee, and SourceOne. Ideally the service is limited to the companies having their own legal entity in Sri Lanka. It offers customers the essential HR assistance they need, including payroll, benefits, tax deductions, and reporting.
In PEO, the client is responsible for the deployment, choosing the candidate, offering insurance/statutory benefits, and for whole control of the process. As a PEO we provide full-time employees only but offer any number of employees upon our client’s request. On any occasion, if we had to deploy a profile on behalf of our client, the recruitment fee will be only a month’s cost and without any obligation, we will replace SourceOne’s deployments during the first 3 months of recruitment.
The client will be responsible for providing insurance benefits to the employee as well as devices and infrastructure facilities. Nevertheless, the client has the authority in deciding the work location of their employee and if it is not home the client will have to arrange a workplace. And the employee is expected to work 45 hours per week.
For the dedicated service provided by SourceOne, we will charge a reasonable service fee against the total cost, and we have measures in place to protect clients’ data/IP rights to comply with the ISO 27001:2022 standards.