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employee leasing

Employee leasing is a permanent staffing method under which an employee leasing company (sometimes called a professional employer organization (PEO) or a labor contractor) provides all or most of its client's employees.

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The potential benefits associated with this type of arrangement include reduced administrative costs, access to risk management services like safety and loss control, and higher-quality, more cost-effective employee benefits.

Related Terms

The client company in an employee leasing arrangement is an organization that leases all or part of...

An employee leasing company is an organization whose business it is to furnish workers to another...