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Faro

Faro
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Vietnam is the easternmost country on the Indochina Peninsula in Southeast Asia, bordering China, Laos and Cambodia.  With over 86 million people, Vietnam is the 13th most populous country in the world.

Its economic growth had been among the highest in the world in the past decade. After Vietnam officially joined WTO as the 150th member in 2006, it became a new favorite for local and foreign investors. Manufacturing, IT, and high-tech industries form a large and fast-growing part of the national economy. Vietnam is the 3rd largest oil producer in Southeast Asia and one of Asia's most open economies: two-way trade is around 160% of GDP, a lot higher than the ratio for China and India.

Due to increasing economic and political reforms, a wide range of professional and experienced personnel is now in growing demand.


 

 

 

 

 

 

 

 

 

Since its establishment in January 2006, Faro Recruitment Vietnam JSC (formerly TT Royal Human Resources Management JSC) has developed its business in providing recruitment, payroll, labor management and other HR related services to many well-known international corporations and Vietnamese companies. Faro Recruitment currently has offices in Hanoi, the capital, and in Ho Chi Minh City.

Striving to be a leading HR solutions company in Vietnam, we are committed to partner with our clients to enable their success in Vietnam. As part of Faro Recruitment's global network in 17 countries, we can tap into resources and know-how developed by the Group Company since 1981 to assist clients manage their human resources more efficiently and consult on legal issues related to HR. Our team of experienced and dedicated consultants provides the following services:

  • Executive Search
  • Temporary Staffing
  • Outsourcing: Contract Payroll & Payroll Administration
  • Other Human Resource Compliance Services
Executive Search
Faro Recruitment Vietnam has the experience and local know-how in recruiting suitable permanent employees for any industry and at any level. Save time on pre-screening and shortlisting applicants. Among all the valuable corporate assets, high ranking executives are always the key to an organization's success. Companies place heavy stakes on this scarce pool of stars with extraordinary caliber. We take care of all aspects of the hiring process so our clients are freed from time-consuming search for potential candidates that may be impossible, difficult, or inappropriate to approach on their own.

Benefit from our effective approach to secure a scare pool of management talent:
  • Dedicated account management to provide tailored solutions
  • We take the time to understand client's needs and target our search
  • We advertise on client's behalf and market the positions while keeping client's company name private
  • Job candidates are sourced from our in-house and leading industry databases, our global business network, pre-screened and tested
  • We assess job candidates' fit with client's corporate culture
  • Interview fewer, better & qualified candidates
  • Clients make the final hiring decision, but we aid in the offer negotiation and follow up with clients and placements
  • Peace of mind with Faro Recruitment Vietnam JSC's unique guarantee
Executive Search Process:
  • Receive order from Client including job description & requirements of vacancies
  • Assess client's order & corporate culture
  • Search candidates in database & global network based on assessment
  • Screen CV to select suitable candidates
  • Arrange 1st round interviews
  • Recommend a short list of candidates to Client
  • Arrange interviews between Clients and shortlisted candidates
  • Support Client in negotiation with selected candidates
Temporary Staffing
As the global economy evolves, companies are placing greater emphasis on keeping their workface lean and flexible. When permanent recruitment is not preferable, temporary staffing is a practical alternative. We offer a pool of experienced staff that is ready to work in your office and fulfill your requirements in the most professional manner. We aim to help clients reduce time and efforts in managing payroll, administration, allowances and other fees for temporary/part-time employees.
Outsourcing
Outsourcing part or all of the HR functions can free your personnel to concentrate on running your business and lessen your business liabilities. As your trusted HR partner, we can reduce your time to hire and ensure compliance with a multitude of employment laws and regulations.

Contract Payroll
Achieve a greater workforce with limited risks. We take over the legal liabilities and responsibilities as the employer for your workers. We contractually assume the employer responsibilities and risks including:
  • Employee compensation
  • Payroll processing
  • Taxation
  • Social and health insurance
  • Handle employment-related enquiries from employees
Payroll Administration
Our services include a complex salary calculation and fulfill tax and insurance compliance. Our experts provide on-time processing and payment of employee monthly salary, taxes, social insurance and other compensations. This reduces substantial administrative costs but fulfills all the payroll functions as easy as a breeze.

Our Clients Reported These Benefits:
  • Save expenses and time so clients can focus on their core business
  • Superior support by our experienced payroll consultants
  • Knowledgeable staff to advise on complex legal issues & local markets
  • On-time payment of monthly salaries, payroll, taxes, social insurance, compensations for employees
  • Not affected by headcount limitation
  • Service fees dependent on number of employees instead of a fixed rate
Our Service Package Includes:
  • Salary calculations, payments & preparation of pay slips for employees
  • Registration and obtaining tax code for personal income tax purposes
  • Filing monthly and annual tax return and advice on tax payments
  • Filing social and health insurance declaration, claims and advice on payments
Other Human Resource Compliance Services
We provide consultations on other HR compliance issues you may encounter, such as:
  • Obtain work permits for expatriates working in Vietnam
  • Preparation & registration of Internal Labor Rules
  • Prepare & review labor contracts
  • Advise on relocation of expatriates to or within Vietnam
  • Salary surveys
  • Others

 

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