What is Offshore Staff Leasing?
Staff leasing works just like your local outsourcing process; hiring an individual or a team of professionals from a third party service provider to work on specific parts of your business like data encoding, help-desk, QA, online marketing, graphics designing and many more.
For offshore staff leasing, also referred to as offshore outsourcing or offshoring, business owners seek out the services offered by Professional Employer Organizations (PEOs) to assist them in various activities of their business, mostly in administrative.
Any worker you hire from PEO will be considered employees by the service provider; you will only be hiring their services. Thus the legal responsibilities to the workers fall to the care of the service providers, such as taking care of their taxes, safety and healthcare benefits, and more.
What Makes Staff Leasing and General Outsourcing So Attractive?
For starters, it is cost-efficient in terms of hiring local employees with full compensation packages and benefits. It allows many business owners, especially start-up businesses, to get access to a pool of highly skilled and talented professionals for a drastically lowered cost.
For businesses planning to expand their workforce, the recruitment process and human resource management will already be handled by the offshore staff leasing firm. There will no longer be a need for you to worry about employee taxes and payroll management because they are already taken care of.
With offshore staff leasing, you generally get:
- Lowered overhead cost
- Access to a pool of highly skilled and talented professionals
- Eliminate the need to hire additional accountants and human resource managers
- Opportunity to expand your business without adding more office space and equipments
In addition, offshore staff leasing firms also offers flexible outsourcing solutions for businesses with complex requirements, so you can always get the services you want within your allotted budget. Who doesn’t get attracted to that?
