Leased Employees Law and Legal Definition
Leased employees are employees hired by client firms from employee leasing agencies for their own particular works. The leased employees will not be listed in the employers’ pay rolls. Their withholding, depositing, and reporting responsibilities would remain with the leasing agency. The hiring employers would train the leased employees for their specific tasks and retain them for a period of time, usually specified in the lease. The leasing company, also known as a professional employer organization (PEO) enters into a contractual arrangement with the employers. However, the professional employer organization would remain as the official employer. Payments are made by the employer to the leasing company in accordance to mutual agreements. Leasing of employees helps employers to add workers without adding administrative complexity.
Legal Definition list
Related Legal Terms
- Affected Employees
- Alien Employees
- American Federation of Government Employees (AFGE)
- Basic Workweek for Full Time Employees
- Corporations Officers and Employees
- Difficult Employees
- Discharged or Released from Active Duty
- Employees Compensation Appeals Board
- Federal Employees Compensation Act
- Federal Employees Health Benefits Program (FEHBP)
