MLchartDataset catalogue

Employee leasing company

Term · Insurance and risk management · MLC-T-INS-001291

A professional employer organization (PEO) that enters into a co-employment relationship with client businesses, taking on the responsibility for payroll, human resources, benefits administration, and workers' compensation coverage. The PEO becomes the employer of record for legal and tax purposes, while the client company directs the daily work of the leased employees. These companies often provide expertise in compliance and risk management.

Table 1. Record
IdentifierMLC-T-INS-001291
FieldInsurance and risk management
SubjectWorkers Compensation
Record as JSON 
{
  "id": "MLC-T-INS-001291",
  "term": "Employee leasing company",
  "field": "Insurance and risk management",
  "definition": "A professional employer organization (PEO) that enters into a co-employment relationship with client businesses, taking on the responsibility for payroll, human resources, benefits administration, and workers' compensation coverage. The PEO becomes the employer of record for legal and tax purposes, while the client company directs the daily work of the leased employees. These companies often provide expertise in compliance and risk management.",
  "subject": "Workers Compensation",
  "url": "https://mlchart.com/terminology/insurance/employee-leasing-company/"
}

Record 1,129 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.