Employment Service Employee Leasing Forms for Bronx
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FAQ
The term leased employee, as defined in section 414(n)(2) of the Code, specifies that a leased employee is a person who is not an employee of the recipient.
A professional employer organization (PEO) is an organization that enters into a joint-employment relationship with an employer by leasing employees to the employer, thereby allowing the PEO to share and manage many employee-related responsibilities and liabilities.
Employee leasing is a contractual arrangement in which the leasing company, also known as a professional employer organization (PEO), is the official employer. Employment responsibilities are typically shared between the leasing company and the business owner (you, in this case).
Employee leasing is an arrangement between a business and a staffing firm, who supplies workers on a project-specific or temporary basis. These employees work for the client business, but the leasing agency pays their salaries and handles all of the HR administration associated with their employment.
With our employee leasing PEO, we have the experience to help you understand your benefits plan and other options so you can make an informed decision. With employee leasing from ADP, you'll be working with HR professionals who know what other businesses like yours are doing to: Attract and retain talent.
The key difference between employee leasing and co-employment is staffing. An employee leasing agency will provide you with temporary workers, but a PEO doesn't. In a co-employment arrangement, you supply and manage your own workforce, while the PEO helps you handle HR administration.