Increasing Regulations in the Employee Leasing Services to Pose Challenges and Opportunities
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DUBLIN, Ireland--(Business Wire)--Research and Markets (http://www.researchandmarkets.com/reports/c79366) has announced the addition of Employee Leasing Services in the US to their offering. Many operators in this industry are also known as professional employer organizations (or PEOs) who provide leased employees and payroll and benefit administrative services to their clients. A leased employee is a worker who is essentially rented on a long-term basis from an agency that is responsible for employing the worker, paying the salary or wages and taxes and providing benefits for that employee. Under a typical agreement, an employer contracts with a leasing company and dismisses some or all of its employees who are hired by leasing company and then leased on a long term basis to the original employer. Most PEOs also provide human resources and human resource management services to staff client businesses. Establishments in this industry operate in a co-employment relationship with client businesses or organizations and are specialized in performing a wide range of human resource and personnel management duties, such as payroll accounting, payroll tax return preparation, benefits administration, recruiting and managing labor relations. Employee leasing establishment exercise varying degrees of decision making relating to their human resource or personnel management role, but do not have any management accountability for the work of their clients operations with regard to strategic planning, output or profitability. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are three year industry forecasts, growth rates and an analysis of the industry key players and their market shares. Employing More Regulations This industry will be subject to increasing regulations and increasing benefit costs, due to some operators by-passing their regulatory obligations in the past. The increasing number of employment regulations are both likely to make this industrys services more attractive to clients, and also cut into profits due to the difficulty in passing these costs to the client. -0- *T INDUSTRY DEFINITION Industry Definition Activities (Products and Services) Similar Industries Demand and Supply Industries KEY STATISTICS Current Prices Table Constant Prices Table (applicable deflator applied) Real Growth Table Ratio Table Graphs Statistics Available: Revenue, Industry Gross Product, Enterprises, Establishments, Employment, Imports, Exports, Assets, Total Wages, Domestic Demand SEGMENTATION Products and Service Segmentation Major Market Segments Industry Concentration Geographic Spread MARKET CHARACTERISTICS Market Size Linkages Downstream Industries Upstream Industries Demand Determinants Domestic and International Markets Basis of Competition Life Cycle INDUSTRY CONDITIONS Barriers to Entry Taxation Industry Assistance Regulation and Deregulation Cost Structure Capital and Labor Intensity Technology and Systems Industry Volatility Globalization KEY FACTORS Key Sensitivities Key Success Factors KEY COMPETITORS Major Players Market Share Player Performance Analysis Other Players INDUSTRY PERFORMANCE Current Performance Analysis with data series Historical Performance Analysis OUTLOOK Industry Forecast Analysis with five year forecast data series *T For more information visit http://www.researchandmarkets.com/reports/c79366 Research and Markets Laura Wood, press@researchandmarkets.com fax: +353 1 4100 980 Copyright Business Wire 2008
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