Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Employee Leasing: Helps in Cutting Down Costs

By James Blee Subscribe to RSS | April 14th 2012 | Views:

When it comes to cutting down fixed establishment costs, there are many options available presently. Employee leasing is one such option that is gaining popularity with various types of business muddles.

The noteworthy feature of employee leasing lies in the role played by Professional Employment Organizations or PEOs. This is basically an arrangement between the employer and the PEOs. Under the terms of the agreement, it is the PEO who undertakes the responsibility of recruiting new employees. Similarly, they also take the responsibility of undertaking the payroll pertaining to the existing employees.

Once the agreement is signed between the employer and an employee leasing company, they are then leased out to the company hiring it. It should be noted that, though on papers they seems to appear under the payroll of the PEO whereas they function as per directions of the company that hires them.

Such an arrangement between the employer and the employee leasing company benefits the hiring company. For instance, it relieves the hiring company from witnessing time-wasting hassles. Not only this, they are also saved from facing a tortuous ordeal associated with the manner in which employees are to be dealt with on a daily basis. Besides these, the hiring companies are no longer required to shoulder the burden of administrative work. Normally, when these employees are under your direct payroll, it puts you under the scanners of statutory authorities. And, valuable portion of your time goes in taking care of state, local and federal laws. With the decision to take services of a PEO, making timely payments of their salary, insurance benefits, depositing quarterly tax etc. becomes the responsibility of PEO. It is because of these benefits, that scores of organizations are increasingly getting interested in giving this option a try. After all, it gives a chance to relax and have some peace of mind and concentrate their valuable time elsewhere in the organization.

James Blee - About Author:
For more information on employee leasing, check out the info available online; these will help you learn to find the employee leasing company!

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Customer Service Articles Subscribe to RSS

HR and employee benefits outsourcing- an Overview
Published by Julia Roger on January 6th 2012 | Business
HR has always been a vital pillar in an organization. They are important to any company because they...
Where should restaurateurs look for employee training programs that make great business sense
Published by Tipsfor Vino on May 28th 2012 | Customer Service
Wine education employee training programs are essential for improving levels of service and make gre...
Advantages of leasing your Commercial Trucks and Trailers
Published by Liza on February 15th 2012 | Business
Choosing the right truck leasing company can be tough. Each year, thousands of companies face the ch...
A to B and all that’s in between’ van leasing from GB Vehicle Contracts
Published by James Blee on July 14th 2012 | Business
Van leasing and Mercedes leasing is by no means one- dimensional at GB Vehicle Contracts and they ar...
Tips to keep in mind while leasing locomotives
Published by James Blee on July 17th 2012 | Business
With commercial activities on the rise and huge projects coming up, the area of land brought under t...
How to make employee id badges or employee identification cards for your company?
Published by Angie Turner on May 25th 2012 | Business
When a tiny to average sized business is being set up and the number of employees begins to grow,...