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What Is Employee Leasing and Why You Should Consider It

The whole process of getting an employee onboard and taking care of all their corporate needs can be taxing. This mostly happens to startups or small-to-mid-sized companies.  Whether the position is part-time or full-time, it wouldn’t matter. Acquiring, training and caring for employees is hard work, time-consuming and at times, could be costly. 

WHAT IS EMPLOYEE LEASING

Also known as Staff Leasing or Contract Staffing, this form of service happens when a company would choose to recruit its employees through the help of a third party. It is when an employee or a set of employees are under the care of an external contractor. They are essentially an extension of the company’s team, working somewhere remote or in a different location.

Even though these employees are under a third-party organization, they are employed specifically based on the company’s needs and requirements. These employees are recruited and trained by the external contractor before they are deployed to the companies they are hired for. 

WHY EMPLOYEE LEASING

The need for employees is always situational. For example, if it’s only a project with a specific timeline then it will be more cost-effective to hire a leased employee. If the company is yet to stabilize itself and is still figuring things out, then it’s best to get some help.

Here are some reasons why it’s better to hire a leased worker:

Less HR Work

For startups that have no Human Resources (HR) Department, Employee Leasing would be the perfect solution to address this. However, for those small to mid-sized businesses that do have an HR Department, but are understaffed or are better to be dedicated to other matters, looking for help through a third party will save them time, energy and resources.

Cost-Saving

The company will be able to save hiring costs since advertisements, the whole interview process, background checks, etc. all cost money. However, having leased workers will cut out those costs since the leasing company will be the one to take care of those. By the time the leased employee is introduced to the company, they should already be the perfect candidate for the position needed.

Part Of The Team

Although these employees are not directly hired by the client or the company, they are still very much part of the team. Leased employees from the leasing company are all selected based on the client’s specifications. The client has complete control over the job, standards and SOPs that the employee has to follow. 

Take leasing from the Philippines as an example. Filipinos are known for their expertise in their respective fields and the quality of their work. They are great communicators and team players. May it be a local Filipino company or an international one, they have no problem communicating with their teammates because of their affinity to the English language. This makes the tasks easier to disseminate and develop. 

At The Studio Bridge, Employee Leasing has been one of the proven expertise for clients who are benefiting from dedicated headcounts and adaptable professionals – composed of production artists and designers, project managers, marketing experts and more.

If you have any questions on this service, please send us a message on our Contact Page.

 

CONCLUSION

Whatever the situation may be, what’s important is to remember that convenience and removal of complications and unnecessary waste of resources should be the priority. This should also apply when choosing a leasing company. They should be someone who will fit your standards and can provide quality work. 

About The Author

KYLL TRINIDAD

Her passion for marketing, unbridled curiosity and drive to always be creative are just some of Kyll’s strengths. She believes that every brand has a story to tell, and it’s her mission to be the best narrator for them. Her hobbies include traveling, binge-watching and staying up late.

View Kyll’s LinkedIn Profile (Link)

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