Introduction

As a small business owner, you know that managing your team can be a complex and time-consuming task. From hiring and training to benefits and compliance, there is a lot that goes into managing a successful team. That’s where professional employer organizations (PEOs) come in. PEOs provide businesses with a range of HR services, including employee leasing. But what is a leased employee and how can it benefit your business? In this article, we will explore the concept of employee leasing in depth and how PEOs, like Employer Solutions Services, can help small businesses in the Tampa area manage their employees more effectively.

What is a Leased Employee?

A leased employee is an individual who is employed by a staffing or leasing company, but works for and is supervised by another company. The leasing company, also known as the professional employer organization (PEO), is responsible for handling the employee’s payroll, benefits, and other HR-related tasks. The company where the employee works is responsible for managing their day-to-day duties and tasks.

How Does Employee Leasing Work?

Employee leasing works by transferring the responsibilities of managing employees from the business to the PEO. The PEO becomes the employer of record for the leased employees and is responsible for handling all HR-related tasks, including payroll, benefits, compliance, and more. This allows the business to focus on its core competencies and leave the HR management to the experts.

The Benefits of Employee Leasing

There are many benefits to employee leasing for small businesses. Some of the key benefits include:

Cost Savings

One of the main benefits of employee leasing is the potential for cost savings. By outsourcing the management of HR-related tasks to a PEO, small businesses can save money on things like payroll, benefits, and compliance. This can be particularly useful for small businesses that may not have the resources or expertise to handle these tasks in-house.

Expertise and Support

PEOs have the expertise and resources to handle all aspects of HR management. From payroll and benefits to compliance and employee relations, we have the knowledge and experience to help your business succeed. We also provide ongoing support to ensure that your business stays in compliance with all relevant laws and regulations.

Improved Employee Benefits

Leased employees have access to the same benefits as any other employee, including health insurance, 401(k) plans, and other perks. This can help businesses attract and retain top talent, as employees value comprehensive benefits packages.

Considerations for Small Businesses

While employee leasing can offer many benefits for small businesses, it is important to carefully consider whether it is the right choice for your business. Here are a few things to consider:

Cost

While employee leasing can offer cost savings, it is important to carefully review the costs and fees associated with working with a PEO. Make sure to compare the costs of employee leasing to the costs of managing HR tasks in-house to determine which option is more cost-effective for your business.

Compatibility

It is important to make sure that the PEO you choose is a good fit for your business. Make sure to

do your research and find a PEO that aligns with your business values and culture. You will be working closely with the PEO, so it is important to make sure that you feel comfortable with the team and that you trust them to handle your HR management effectively.

The Top PEO Consultant in Tampa: Employer Solutions 

If you are a small business owner in the Tampa area, you want to work with the best PEO in the area. That’s where Employer Solutions comes in. As the top PEO consultant in Tampa, we have the experience and expertise to help your business manage its employees effectively. From employee leasing to payroll and benefits, we have the tools and resources you need to succeed.

We understand the unique needs of small businesses in the Tampa area, and we are committed to providing top-notch service and support. Our team is dedicated to helping your business grow and thrive, and we are here to answer any questions you may have about employee leasing or any of our other HR services.

Don’t let HR management hold your business back. Contact Employer Solutions today to learn more about how we can help your business succeed.