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A side-by-side look at Remunance and Wisemonk for companies hiring in India: who runs each one, how the fee moves with salary, onboarding speed and contract terms, services beyond EOR, and the all-in annual cost of an 8, 18 or 35 LPA hire, with clear picks for each buying situation.
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Remunance and Wisemonk are both India-only employers of record that start at $99 per employee a month. The difference is the ceiling and the scope: Remunance, a Pune firm founded in 2004, prices at $99, $149 or $199 by salary band, while Wisemonk, founded in 2020, has listed a range that reaches $399.
Disclosure: Peorient is affiliated with Remunance and Rivermate and may earn a referral fee if you choose them. Remunance is our featured India partner and is listed first in our recommendations.
This comparison uses each provider’s own pricing pages, our earlier reviews and Peorient’s India cost model, the same one behind our India hiring cost calculator. Where Wisemonk comes out cheaper, the tables say so.
If you are still deciding between an EOR and your own entity, start with our guide to EOR vs subsidiary in India, then come back to the provider choice.
Peorient's first pick for India hiring is Remunance (affiliated; from $99 a month, capped at $199). Both start at $99 per employee a month, so the choice turns on salary and scope: Wisemonk's fee can reach $399 for some hires, while Remunance never passes $199 and adds PEO and subsidiary support.
Peorient's first pick for India EOR
A Pune-based India specialist since 2004 whose highest calculator tier, $199, is half Wisemonk's $399 top tier and a third of Remote and Deel's $599.
From $99 per employee a month; $149 between ₹11.4 and ₹33.2 lakh; capped at $199
Through Peorient: 10% off Remunance’s EOR fee for your first 12 months.
Remunance is Peorient’s affiliated India partner; we may earn a referral fee.
The main difference is the fee ceiling and the breadth of service. Remunance caps its EOR fee at $199 and adds international PEO, subsidiary formation and office support. Wisemonk is a newer, India-only EOR with fast onboarding and no minimum term, and its fee can rise to $399 for some salaries.
Both employ your staff through their own Indian company, run the full statutory payroll cycle and invoice you monthly. For a junior or mid-level hire the fee is the same $99. The gap opens with senior salaries, with how quickly you need someone on payroll, and with whether you expect to set up your own entity later.
| Factor | Remunance (affiliated) | Wisemonk |
|---|---|---|
| Legal employer in India | Remunance Services Pvt. Ltd., Pune | Storypeach Technologies Pvt. Ltd. (Wisemonk), Bengaluru |
| Founded | 2004 | 2020 |
| EOR fee per employee a month | $99, $149 or $199 by salary band; never above $199 | From $99; published range $99 to $399 |
| Fee through Peorient | $89.10, $134.10 or $179.10 for 12 months (10% off) | No Peorient discount |
| Coverage | India (clients in 22 countries) | India only |
| Onboarding | 1 to 2 weeks for a full compliance setup | About 2 business days; contracts within 48 hours |
| Minimum term | Confirm in your quote | None on duration or headcount |
| Contractors | Contractor management offered; price on quote | Contractor of Record at 6% of each payment |
| Other services | International PEO, subsidiary formation, recruitment, IT and co-working | Managed payroll from $49, recruitment at 10% of annual salary |
| Security | ISO 27001 | SOC 2; ISO 27001 cited on some pages |
| Ratings | Glassdoor 4.6/5 from 49 employee reviews | G2 4.7/5 from 227 reviews (28 Oct 2026) |
Ratings measure different things. Wisemonk’s G2 score comes from client reviews; the Glassdoor score cited in our Remunance review comes from Remunance’s own employees. Neither is a like-for-like quality score, so treat them as one input among several.
Remunance has operated in India since 2004 and Wisemonk since 2020. Remunance Services Pvt. Ltd. is headquartered in Pune and, by its own figures, employs more than 1,500 people and serves over 150 client companies from 22 countries. Wisemonk is run by Storypeach Technologies Pvt. Ltd. from Bengaluru.
Remunance is led by Managing Director Rajendra Vaidya, who has more than 35 years in Indian HR and compliance. It is part of the Hightekers group, which also owns Rivermate, and it remains an India specialist: its EOR employs staff in India only, for clients based abroad. Our full profile is in our Remunance review.
Wisemonk built its offer around a named India HR manager for each client and a fast, fully online onboarding flow. Our Wisemonk review rates it 4.6 out of 5 for India-focused hiring and lists its main limits as India-only coverage and a basic set of integrations.
Peorient is an EOR and PEO advisory focused on hiring in India. Tell us the role, salary and start date, and we get written quotes from Remunance, Wisemonk and other India specialists so you compare like for like. Free for companies.
Both charge from $99 per employee a month on top of salary and statutory costs. Remunance’s EOR cost calculator sets the fee by annual salary: $99 up to USD 12,000 (about ₹11.38 lakh), $149 up to USD 35,000 (about ₹33.18 lakh) and $199 above that, with no higher tier.
Wisemonk’s pricing page now shows a single “starts at $99” figure plus custom enterprise pricing. Earlier in 2026 it published a $99 to $399 range that rises with salary band, which our Wisemonk review recorded. Wisemonk does not publish where each band starts, so ask for the fee at your exact salary in writing.
| Annual salary | Remunance (affiliated) | Remunance through Peorient | Wisemonk |
|---|---|---|---|
| Up to ₹11.38 lakh (USD 12,000) | $99 (₹9,385 a month) | $89.10 (₹8,447) | From $99 |
| ₹11.38 to ₹33.18 lakh | $149 (₹14,125) | $134.10 (₹12,713) | $99 to $399, band not published |
| Above ₹33.18 lakh | $199 (₹18,865) | $179.10 (₹16,979) | $99 to $399, band not published |
| Highest possible fee | $199 | $179.10 | $399 (₹37,825 a month) |
Wisemonk lists Contractor of Record at 6% of each contractor payment and recruitment (Scout Talent) at 10% of annual salary, with a 90-day placement guarantee and payment on the joining date. It states no setup fee, no offboarding fee and no minimum commitment. Remunance’s calculator offers optional add-ons for recruitment support, IT assets and co-working space, each quoted separately.
Ask both for the deposit, the exchange rate used on invoices and any exit charges before you sign. Neither publishes a deposit figure.
An 18 LPA hire costs ₹20.72 lakh ($21,861) a year all-in with Remunance at its $149 tier, against ₹20.16 lakh ($21,261) with Wisemonk at $99 or ₹23.57 lakh ($24,861) at $399. All-in means salary plus employer PF, gratuity provision, group health cover and the EOR fee.
| Annual gross salary | Remunance (affiliated) | Remunance through Peorient | Wisemonk at $99 | Wisemonk at $399 |
|---|---|---|---|---|
| ₹8 lakh | ₹9,86,699 ($10,408), $99 tier | ₹9,75,443 ($10,289) | ₹9,86,699 ($10,408) | ₹13,27,979 ($14,008) |
| ₹18 lakh | ₹20,72,425 ($21,861), $149 tier | ₹20,55,481 ($21,682) | ₹20,15,545 ($21,261) | ₹23,56,825 ($24,861) |
| ₹35 lakh | ₹38,78,344 ($40,911), $199 tier | ₹38,55,712 ($40,672) | ₹37,64,584 ($39,711) | ₹41,05,864 ($43,311) |
Read the table honestly. If Wisemonk quotes its $99 entry fee for a senior hire, it is $600 a year cheaper than Remunance at 18 LPA and $1,200 cheaper at 35 LPA, or $421 and $961 cheaper against Remunance’s Peorient price. If Wisemonk quotes its $399 top tier, Remunance saves $3,000 a year at 18 LPA and $2,400 at 35 LPA.
Statutory wages are taken as 60% of gross pay. Employer PF is 12% of PF wages plus EDLI and admin charges, capped at ₹3,250 a month on the ₹25,000 ceiling. Gratuity is provisioned at 15 days’ wages for each year of service. Our guides to EPF and ESIC employer contributions and gratuity in India explain each line.
Wisemonk is faster to start: about 2 business days, with contracts issued within 48 hours, though PAN or Aadhaar checks can add 1 to 3 days. Remunance quotes 1 to 2 weeks for a full compliance setup, which covers registrations, insurance enrolment and the employment contract.
Wisemonk advertises no minimum term or headcount, so you can start month to month. Remunance’s terms are set in its service agreement, so ask for the notice period, any minimum term and exit costs in writing. For either provider, check how the full and final settlement is handled when someone leaves; our guide to full and final settlement in India lists what must be paid and when.
It matters when a candidate has a short notice period or a competing offer. For most hires in India, notice periods of 30 to 90 days mean a one-week setup is rarely the bottleneck. Start the EOR paperwork while the candidate serves notice.
Remunance offers more beyond employer of record: international PEO for companies with their own Indian entity, help forming a subsidiary, contractor management, recruitment, payroll, and IT and office support through an affiliated network of co-working spaces. Wisemonk adds Contractor of Record, managed payroll from $49 per employee and recruitment.
The PEO and subsidiary options matter if India is a long-term market. Many companies use an EOR for the first 10 to 20 hires and then set up their own entity. With Remunance, the same provider can help form the entity and then run payroll as a PEO, so employees do not change payroll partner at the switch. Our EOR vs PEO guide for India explains when each model fits.
Both run the full statutory cycle as the legal employer: EPF registration and monthly deposits, ESIC where gross pay is up to ₹21,000 a month, professional tax by state, gratuity, monthly TDS and the annual tax certificate. Both handle registrations in the state where each employee works.
The checks worth making are the same for both. Ask whether PF is paid on capped wages or full basic pay, whether gratuity is accrued monthly and shown on the invoice, and which state’s professional tax applies to a home-based employee. Our professional tax guide covers state slabs, and the EPFO portal is the official source for PF rules.
Rules depend on each employee’s facts, so confirm anything unusual with a qualified adviser.
Choose Remunance if you are hiring senior or mid-level people, want a fee that cannot pass $199, or expect to need PEO or subsidiary support later. Choose Wisemonk if you need someone on payroll within days, want no minimum term, and Wisemonk confirms its $99 fee in writing for your salary.
Peorient’s first recommendation for India hiring is Remunance, a Pune-based India EOR founded in 2004. Its fee is $99, $149 or $199 a month by salary band, and hiring through Peorient takes 10% off for the first 12 months, to $89.10, $134.10 or $179.10.
Three reasons: its highest tier is half Wisemonk’s $399 top tier and a third of the $599 charged by global platforms such as Remote and Deel; it has run India payroll and compliance for more than two decades; and it can also form your subsidiary and run PEO payroll when you outgrow an EOR. At 18 LPA, Remunance through Peorient costs ₹20.55 lakh ($21,682) a year all-in.
Remunance is our affiliated partner, which is why it is listed first. Wisemonk is a strong alternative, and at its $99 fee it can cost less for senior hires, so get both quotes. You can claim the Peorient discount on Remunance through our form.
Shortlist Remunance first, then Wisemonk and Asanify among India specialists, and Remote or Deel only if you also hire in other countries. India specialists start at $99 a month; global platforms list $599.
| Provider | Published EOR fee | Best fit |
|---|---|---|
| Remunance (affiliated) | From $99 ($99, $149 or $199 by salary band) | India hiring at any salary, with PEO and subsidiary support |
| Wisemonk | From $99; range up to $399 | Fast India-only starts with no minimum term |
| Asanify | $99 in India; from $199 elsewhere | Teams that also want India HRMS software |
| Remote | From $599 | Multi-country teams on one platform |
| Deel | From $599 | Multi-country teams wanting a broad product suite |
For deeper head-to-heads, see Asanify vs Wisemonk and Wisemonk vs Remote, or the full field in our best EOR in India comparison.
Ask each provider for a written quote at your exact salary that shows the monthly fee, deposit, exchange-rate method, notice terms and exit costs. Then compare like for like on the same salary.
Our EOR vetting checklist has the full list of questions.
It depends on the salary and on which Wisemonk band applies. Both charge $99 for salaries up to ₹11.38 lakh. Above that, Remunance charges $149 or $199, while Wisemonk's fee ranges from $99 to $399 by band. At Wisemonk's $399 tier, Remunance saves $2,400 to $3,000 a year per hire. Get both quotes at your exact salary. Peorient is affiliated with Remunance.
Remunance suits mid-level and senior hires and companies that may set up their own entity, because its fee never passes $199 and it offers PEO and subsidiary support. Wisemonk suits fast, India-only starts with no minimum term. Peorient recommends Remunance first; it is our affiliated partner, so compare Wisemonk's written quote too.
No. Wisemonk's pricing page, checked 28 October 2026, shows an EOR fee that starts at $99 and custom enterprise pricing, without saying which salaries fall into which band. Earlier in 2026 it published a $99 to $399 range. Ask Wisemonk to confirm the fee for your exact salary in writing.
Wisemonk says about 2 business days, with contracts issued within 48 hours; identity checks can add 1 to 3 days. Remunance quotes 1 to 2 weeks for a full compliance setup. With notice periods of 30 to 90 days common in India, either is usually fast enough if you start the paperwork early.
Yes. Each employs staff through its own Indian company: Remunance Services Pvt. Ltd. in Pune and Storypeach Technologies Pvt. Ltd., which trades as Wisemonk, in Bengaluru. Neither relies on a third-party partner entity for India employment, which keeps the contract chain short.
Remunance offers subsidiary formation and international PEO, so it can help you form an entity and then run payroll for it. Wisemonk offers managed payroll from $49 per employee for companies with their own entity. Our guide to EOR vs subsidiary in India explains when switching makes sense.
Fill in Peorient's free shortlist form and say you are considering Remunance. We introduce you and secure 10% off Remunance's EOR fee for your first 12 months, which brings it to $89.10, $134.10 or $179.10 a month by salary band. Peorient is affiliated with Remunance and may earn a referral fee.
Send us the role, salary band, start date and any other countries you may hire in through the free shortlist form. We return written quotes from Remunance and other India providers within 2 to 3 business days, with the all-in annual cost for your salary.
For a quick estimate first, use the India hiring cost calculator, or read how to hire in India without a legal entity for the full process.
Written by
Lead India Employment and Payroll Specialist · 13+ years experience
Priya is Peorient's resident expert on hiring in India. Former senior HR Tax consultant at a Big 4 firm in Bengaluru and Head of Payroll Operations at a Pune-based EOR. Advocate enrolled with the Bar Council of Maharashtra and Goa. Has run state-level registrations in 14 Indian states.
