An organization whose business it is to furnish workers to another entity
(usually referred to as the client company) on a long-term basis. Organizations
in this industry are referred to by a number of descriptive names. In addition
to employee leasing company, commonly used labels include labor contractor and
professional employer organization (PEO). The popularity of this type of
staffing solution is driven by potential benefits to the client that include
reduced administrative costs, access to risk management services like safety
and loss control, and higher-quality, more cost-effective employee benefits.