MLchartDataset catalogue

Employee leasing

Term · Insurance and risk management · MLC-T-INS-001290

An arrangement where a professional employer organization (PEO) hires a client company's employees and then leases them back to the client, becoming the employer of record for tax and insurance purposes. The PEO handles payroll, benefits, and workers' compensation administration, while the client company retains day-to-day control over the employees' work. This structure can offer cost savings and administrative relief to the client company.

Table 1. Record
IdentifierMLC-T-INS-001290
FieldInsurance and risk management
SubjectWorkers Compensation
Record as JSON 
{
  "id": "MLC-T-INS-001290",
  "term": "Employee leasing",
  "field": "Insurance and risk management",
  "definition": "An arrangement where a professional employer organization (PEO) hires a client company's employees and then leases them back to the client, becoming the employer of record for tax and insurance purposes. The PEO handles payroll, benefits, and workers' compensation administration, while the client company retains day-to-day control over the employees' work. This structure can offer cost savings and administrative relief to the client company.",
  "subject": "Workers Compensation",
  "url": "https://mlchart.com/terminology/insurance/employee-leasing/"
}

Record 1,144 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.