Save time, money, and taxes - lease your employees

Article Abstract:

Employee leasing has three advantages for the business owner: administrative responsibilities related to employee payroll and benefits are handled by the leasing company; employee benefits are generally improved, resulting in better employee morale, less absenteeism, and lower turnover; and pension needs of the business owner can be provided for through tax-sheltering benefits permitted by the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA). Employees benefit by the leasing system due to the improved benefits packages, increased opportunities for advancement, and greater opportunities for mobility in their employment. Before establishing an employee leasing arrangement, potential problems should be considered: the leasing company should have a sound employer-employee relationship with its employees; there may be a strong emotional reaction by employees at the prospect of being fired, in order to be rehired by the leasing company; the leasing company selected should be well-established; provision of the money purchase pension plan by the leasing company must be made as required by TEFRA; and supervision of employees must be done by the leasing company, including establishing wages and hiring or firing.

United States, Corporations, Professional employer organizations, Employee leasing services

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Employee voice and employee retention

Article Abstract:

The relationship between employee turnover and grievance procedures is explored, using data from 111 short-term, general care hospitals. Organizations that have many ways for employees to voice dissatisfaction tend to have high retention rates, regardless of whether or not a union is present. The results suggest that organizations may be able to reduce turnover by establishing procedures which allow employees the chance to express and resolve work-related complaints.

Hospitals, Social aspects, Officials and employees, Beliefs, opinions and attitudes, Organizational behavior, Working class

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Jobs of the future

Article Abstract:

Human resources have become undervalued during the emergence of new technology firms although market analysts believe human interaction and quality management skills will come to the front of the market.

Australia, Employment, Employment forecasting

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