Cost Benefit Analysis for staff leasing option

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Employee leasing programs are arrangements in which businesses lease their employees through
an outside contractor that attends to the various personnel-related activities commonly associated with human resources management. Employee leasing programs have gained popularity particularly among small-and mid-sized companies.

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Cost Benefit Analysis for staff leasing option

  1. 1. Cost Benefit Analysis - Staff Leasing Option www.vEmployee.com
  2. 2. ● Gained popularity among SME / SMB's ● Viable option for increasing benefit work force receives ● Effective strategy for getting rid of burden some and time consuming paperwork ● PEO – Professional Employer Organization Leasing Just Makes Sense 1
  3. 3. ● The Associated costs constitute major chunk of over heads ● Need to arrange services in a cost effective manner ● Time saved on non revenue producing activities can contribute directly to firms bottom line ● Financial responsibilities - ● Payroll Management ● Tax filling and administration ● Provision for maintenance of competitive benefits Personnel Department 2
  4. 4. Professional Employer Organization ● PEO - The Administrator ● PEO Services ● Depending on Package of Services opted,a staff leasing may charge a fee between 2 - 8 % of payroll. 3
  5. 5. Benefits of Staff Leasing ● Cost Effective ● Decreases Load and Overheads ● Transfer of Risk & Responsibility ● Save Time & Resources ● Adds value to HR Operations ● Better Control & Co-ordination 4
  6. 6. ● Best Serve to US SME's ● Gaining popularity form - firing present employees & rehiring them through Employee leasing firm ● Administrative audit would state the want of administrative staff management ● More Time to concentrate on firm's operations and financial performance 5 Conclusion
  7. 7. For more information on partnering with vEmployee, Contact us at sales@vemployee.com or Visit our website at: www.vemployee.com. Connect on our social networking site as well: www.twitter.com/vEmployee www.slideshare.net/vEmployee www.facebook.com/vEmployee www.vEmployee.com

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