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Topical Terminology > Employee Leasing



1 Definition

Employee Leasing

For Employee Leasing we have a term and definition in Contracting.



Employee Leasing (Contracting)

The term employee leasing for the service industry has come to mean a business service whereby a firm specializing in payroll accounting, personnel management, employee benefit, and risk administration, offers its skills and expertise to the subscribing business. The long-term, regular dedicated employees of the subscribing business are transferred to the leasing firm’s payroll and benefits resources. The leased-employees return to the subscribing business via the avenue of employee leasing.




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