Every business, small or large, has dealt with a short-staffed situation at some point in time. Having an extra hand or two equipped with the required skills while dealing with demanding projects or an upcoming non-permanent project would certainly help. Employee leasing is a viable option in such cases.
Employee leasing solutions are perfect for rapidly growing businesses that need skilled employees temporarily to help execute a project at hand without wanting to worry about the human resources (HR) administrative tasks associated with hiring these temporary employees.
What is Employee Leasing?
Just as the name suggests, employee leasing refers to the leasing or supply of workers a business needs for a specific period, often on a short-term basis or for a longer term, depending on the demands of the project.
The workers supplied typically work for a third-party organization and are available for you to call upon for a certain period to address your talent gaps or act as the temporary extra workforce that you need for the completion of your project.
In an employee leasing agreement, the company leasing you their employees work for you but are not considered your company’s employees or you as their employer. Leasing indicates an arrangement where they are leased to you only for a specific period. Once the leasing contract ends, the leased employee cannot continue working for you because you are not their employer.
As a third-party employee leasing company, Balkans Recruitment plays the role of the legal employer on your behalf for the employees that are being leased to our client’s organization temporarily until the leasing agreement is valid. As their temporary legal employer, we take over all the HR management tasks associated with the leased employees, freeing our clients from the administrative complexity of managing the workforce.
Our Approach
We have a straightforward approach to leasing an employee to our clients:
● Upon identifying your staffing needs, we propose a list of employees ranging from freshers to experienced workers and help you choose the one that fits your needs perfectly.
● We make the hiring process easier, minimizing any administrative load on your HR team.
● We provide a certain trial period for the leased employees so you can check if the quality of work they are doing goes well, if they fit into your team culture, etc., before continuing with them.
● We act as the legal employers for the leased employees and take care of the onboarding procedure, freeing up any extra administrative or HR-related tasks, be it payroll management, insurance, or benefits management.
What are the Benefits of Employee Leasing?
Hiring leased employees can bring numerous benefits to the organization in terms of cost and productivity. However, the biggest benefit of leasing an employee is that the client organization does not need to worry about the managerial aspect of it and can reap all the benefits of having a skilled employee on board.
Some of the key benefits of involving an employee leasing company are:
1. Less commitment
By engaging with an employee leasing firm, you can eliminate the need for establishing a relationship with them as you will not be considered their legal employer, so you will not be liable for their payroll compensation or employment taxes.
2. A scalable, cost-effective solution
If you are a business looking for scalable solutions to address your workforce needs, then employee leasing is extremely beneficial. With employee leasing services, you can acquire skilled talent for your short-term needs rather than hiring additional permanent employees that you do not require in the long term. It is also a cost-effective solution.
3. Eliminates HR workload
As an employee leasing company, we take on all administrative and HR-related work that comes along with a leased employee. You do not have to spend your time or resources on the recruitment process.
4. Acquire qualified candidates
As one of the top employee leasing agencies, we have access to a database of a wide pool of skilled candidates for you to choose from and pick the ones that will be able to fill the positions in your organization.
5. Own control
While the leased employees may come from a different firm, you are still in charge of overseeing and approving all the work that will be assigned to them. Only you have the authority to supervise the work as per your needs.
Our Value Proposition
As your partner, we will ensure that the right employees are leased for your organization. Here is what we propose:
● Whether you are a small or medium business, we will offer cost-effective, full-service Human Resources management, ridding you of the tedious administrative tasks related to hiring.
● We will take over all the HR management tasks, be they payroll management, benefits, or employment taxes.
● Balkans Recruitment will help meet your short-term and project-based staffing requirements swiftly and efficiently by deploying skilled labour who will perfectly fit the role.
● We act as a single point of contact for all HR-related activities, right from the formalities of getting an employee on board and framing personnel policies to drawing up insurance policies and employee handbooks.
Whether you are looking for an experienced professional or a temp to meet your staffing requirements, you can hand over us the responsibility of finding you the right person.
Balkans Recruitment is a leading employee leasing company in Albania, Bosnia & Herzegovina, Bulgaria, Croatia, Greece, Montenegro, North Macedonia, Romania, Serbia. If you are still trying to figure out whether employee leasing is the right choice for your business or not, get in touch with us, and we will help you figure out the best staffing solution for your organization.
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