How To Lease An Employee, And When It's A Good Option For Your Business

Chances are, the last thing you want to deal with is the myriad of human resources administrative headaches that running your business entails (i.e. payroll management and writing an employee handbook). If you don't want to hire your own in-house HR manager, one solution is to opt for employee leasing. Under this arrangement, you hire a Professional Employer Organization (PEO), a third-party agency, to take care of all those labor-intensive, time-consuming tasks. In addition, in many cases, you can cut your unemployment insurance or workman's compensation costs, too.

Provided by: American Express Topic: Banking Date Added: Jul 2010 Format: HTML

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