Full Text

employee leasing

Stanley Nollen


Subject Business and Management » Human Resource Management, International Management


Extract

Leased employees are employees of a staffing company who, as a group, take over the operation of an entire function (such as office management) for a client company on a contractual basis. Usually the leased employees are former employees of the client company who are transferred to the payroll of the leasing company, which in turn handles their pay, benefits , and other personnel administration. Employee leasing is a method for client companies to externalize part of their workforces and outsource some human resource management tasks in a co‐employment relationship with the leasing firm, which is a subcontractor of these services. ... log in or subscribe to read full text

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The Blackwell Encyclopedia of Management



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