Employee Leasing is a service where a Professional Employer Organization (PEO) hires and assigns employees to a client company, handling HR tasks while the client manages day-to-day work.
- What is employee leasing?
Answer: It is a service where a PEO hires employees for a client company to handle HR tasks. - What are the benefits of employee leasing?
Answer: It reduces HR costs and improves benefit access. - What are the risks involved?
Answer: Risks include co-employment issues and loss of control. - How does it differ from staffing agencies?
Answer: Leasing involves long-term HR management, while agencies focus on temporary placement. - What role does a PEO play?
Answer: The PEO manages payroll, benefits, and compliance.
