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Employee Leasing is the relationship that is established between a Professional Employer Organization (PEO), a worksite employee, and a client company. Basically a co-employment relationship is developed in which both the PEO and the client company have an employment relationship with the employee.
A Professional Employer Organization will take on roles and responsibilities that would have otherwise been shouldered by the Client Company. However, some of the responsibilities are still shared between the PEO and the client company.
The Professional Employer Organization (PEO) will assume many responsibilities and liabilities as a “co-employer” including employee risk management, human resources, labor law compliance, payroll administration, and payment of employment taxes. This type of employee leasing arrangement is great for the client company as they are free to manage the more important aspects of their business including product development, production, marketing, sales, and customer service. To lease your staff can be a smart decision on the part of the employer. Hiring and training personnel doesn't have to be complicated, time consuming, and risky. Employee leasing services provide a cost-effective solution for a company's human resource needs.
In the simplest of terms a PEO assumes and establishes a co-employment relationship with the worksite employee. By doing so, they provide a complete solution encompassing human resources outsourcing, employee benefits plans, and payroll administration). As a PEO, we provide a wide range of personnel and human resource management assistance for employers in California and Texas.
Continue reading to find out more about Co-Employment relationships and how employee leasing can help your business.
Some of the locations we offer employee leasing services in California: Irvine, Culver City, Los Angeles, Sacramento, San Francisco, Long Beach, Anaheim, Costa Mesa, Orange, Santa Ana, and many more. Also serving San Antonio, Texas.