Employee Leasing
/ˌɛm.plɔɪ.i ˈliː.sɪŋ/
Definitions
- (n.) A contractual arrangement whereby a company hires employees from a leasing firm that remains the official employer for payroll, benefits, and legal responsibilities.
The company reduced its administrative burden through employee leasing from a professional employer organization.
Forms
- employee leasing
Related terms
See also
Commentary
Employee leasing often involves co-employment, where legal responsibilities are shared between the leasing firm and the client company.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.