If your company is experiencing an unexpected flux of excess business, you might not have the staff to handle the incoming work. As the owner, you could hire new talent to keep up, but that usually involves interviews, additional paperwork, and maybe adding an HR personnel. You might want to consider employee leasing to provide you access to the professionals you need with none of the new-hire inconveniences.

What Is Employee Leasing?

A leased employee is someone who works for a professional employer organization (PEO) that contracts their work to other businesses. In this arrangement, you manage the leased worker’s day-to-day tasks, while the PEO handles everything else.

Many PEOs offer professionals in a variety of fields, from healthcare to software development, giving you access to the skills and knowledge that your growing business needs.

Why Employee Leasing Is a Great Option

When you sign an employee leasing contract and pay a fee, the PEO picks up all the costs and legal responsibilities of employment, including tax filing, payroll, and, sometimes, worker’s comp.

For many small businesses, this approach can result in massive cost savings and an abundance of time to dedicate to other, more profitable projects. Employee leasing also gives owners the flexibility to adapt their team to the business’ needs, which can be ideal for startups or small companies tackling large projects.

Small business owners throughout the state rely on PayrollHR Hawaii in Kilauea for a wide range of vital services, including employee leasing and HR and payroll management. They use cloud-based technology to automate your back office system, allowing you to focus on the big picture. Call (808) 828-2070 to speak with a specialist about your needs, or view their website to learn more about outsourcing. Connect with the team on Facebook for the latest tips and advice.