There are various ways to do outsourcing nowadays, and one that is gaining traction is staff leasing.
In staff leasing, an organization outsources its workforce through a Professional Employer Organization (PEO), assisting them with the process of acquiring people for functions like administrative tasks or highly technical skills.
Another difference is that traditional outsourcing companies are managed by their own internal management team. In staff leasing, the client primarily manages the offshore team through a team leader working alongside the remote staff. This means that the client also defines the KPI and policies for the staff leased.
If you’re still undecided whether to try staff leasing for your business or to stick with traditional outsourcing, it’s best to look at the benefits you can enjoy first.
- You can divide the task and decide on the budget, allowing you to understand better which tasks to prioritize based on your business objectives.
- You can achieve flexibility and growth in a low-cost environment since you’ll be saving on direct and indirect staff costs like payroll, HR, facilities, and many others.
- Through a PEO, you have access to an existing HR framework with a seamless HR process, making sure that the department and its functions aren’t overlooked. An established HR policy also allows your business to attract top talent.
- Delegating tasks like back-office support to the offshore team will make your local offices more streamlined and efficient, so they have time to focus on the critical functions that foster growth.
Perhaps you’re now more inclined to adopt this practice. Now that you understand the advantages, it’s time to consider trialing the process of staff leasing. In this infographic created by our friends at Booth and Partners, you will learn the actions needed to outsource specific business functions, as well as pick up some suggestions on how to make staff leasing work for you.
Author
Paul Slezak
With over two decades of experience in the recruitment and human capital industry, Paul Slezak has established himself as a transformative force in the realm of leadership and career coaching, group facilitation, and talent acquisition. His unique perspective, drawn from his early career as a leader in global recruitment firms and his entrepreneurial success with his own start-up, has enabled him to make a significant impact on leaders, teams, and organizations across the world. Paul's passion for helping others achieve success and high performance is evident in his commitment to transforming leaders and their teams at local, national, and international levels. He specializes in promoting the importance of human-centered intelligence, focusing on soft skills such as authenticity, transparency, and trust to complement business-centered acumen and drive better workplace outcomes. As an impartial facilitator, Paul brings his expertise to team offsites and strategy days, ensuring alignment on goals, values, and culture while keeping participants on task. His engaging and energetic presence, coupled with his unique "entertraining" and "edutaining" delivery style, enables him to connect with audiences both large and intimate, sharing personal and professional anecdotes that inspire and energize.
