Employee leasing programs are arrangements in which businesses lease their employees through
an outside contractor that attends to the various personnel-related activities commonly associated with human resources management. Employee leasing programs have gained popularity particularly among small-and mid-sized companies.
2. ● Gained popularity among SME / SMB's
● Viable option for increasing benefit work force receives
● Effective strategy for getting rid of burden some and time consuming
paperwork
● PEO – Professional Employer Organization
Leasing Just Makes Sense
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3. ● The Associated costs constitute major chunk of over heads
● Need to arrange services in a cost effective manner
● Time saved on non revenue producing activities can contribute directly
to firms bottom line
● Financial responsibilities -
● Payroll Management
● Tax filling and administration
● Provision for maintenance of competitive benefits
Personnel Department
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4. Professional Employer Organization
● PEO - The Administrator
● PEO Services
● Depending on Package of Services opted,a staff leasing may charge a fee
between 2 - 8 % of payroll.
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5. Benefits of Staff Leasing
● Cost Effective
● Decreases Load and Overheads
● Transfer of Risk & Responsibility
● Save Time & Resources
● Adds value to HR Operations
● Better Control & Co-ordination
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6. ● Best Serve to US SME's
● Gaining popularity form - firing present employees & rehiring them
through Employee leasing firm
● Administrative audit would state the want of administrative staff
management
● More Time to concentrate on firm's operations and financial
performance
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Conclusion
7. For more information on partnering with vEmployee,
Contact us at sales@vemployee.com
or
Visit our website at: www.vemployee.com.
Connect on our social networking site as well:
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