India, 13th January 2023, TeamLease HRtech has entered a strategic partnership with Mastercard, a leading global payments & technology company, to provide a SaaS-based, end-to-end HCM platform to SMEs and Enterprise businesses. The platform will digitalize the entire employee lifecycle from pre-hire to post-retire, including regulatory compliance. TeamLease HRtech has brought Payroll Management, Workforce Administration, Talent Acquisition, Benefits Administration, and Compliance on a single platform with the help of its state-of-the-art technology.
The partnership aims to deliver a truly mobile-first HCM experience to businesses; without the need for any third-party vendors. Being a one-stop solution for all HCM needs, TeamLease HRtech will significantly improve employee experience, engagement, satisfaction and improved efficiency for its users.
The alliance between the two leading entities enables Business Mastercard holders to avail discounts on monthly and yearly subscriptions to TeamLease HRtech products.
“We consider employees the backbone of any business”, says Sumit Sabharwal, CEO of TeamLease HRtech. “This alliance is one of our many steps to enable SMEs and Enterprises to strengthen their human capital with increased productivity and profitability. We are happy that Mastercard is joining hands with us in empowering its clientele with an excellent employee experience.