8 Best Employee Leasing Companies

In today’s world, many tech companies focus on scaling and diversifying their operations to ensure they can do more within the same timeframe. While there are several advantages to expanding your IT team, the real challenge is identifying the best talent to improve your operations. While the IT labor market employed 3 million people in 2022, it has become increasingly competitive and talent in this sector is improving every day. So, filling your team with the best available quality can become a hassle. 

That’s where an employee leasing company comes in. This unique approach ensures that IT firms can fill their teams with high-quality talent without hiring any of these employees. If you’ve decided to hire an employee leasing company, the real challenge is finding a suitable service provider to partner with. 

What is Employee Leasing?

Employee leasing, also referred to as staff leasing, is a scenario where IT businesses partner with a third-party firm to lease employees to ensure they do not infringe on international hiring regulations. Many businesses prefer employee leasing to direct hiring because you won’t have to spend as much time and money hiring, onboarding, training, and maintaining staff and placing them on a payroll. Instead, it’ll be as if you are renting the professional for a particular period. 

One of the most common reasons why more companies prefer employee leasing to direct hiring is that it offers you top-quality talent while also ensuring that your administrative and HR teams are not burdened with responsibility. If you want a clearer picture of how employee leasing works, the following steps will provide more details on what you need to know; 

• Sign a Contract with a Leasing Company: To utilize employee leasing services, the first thing to do is sign a contract with a third-party company. The contract is an important part of the entire process as it’ll specify the number of employees, duration of the lease, and other essential terms of the agreement. 
• Employee Allocation: After signing the agreement with the leasing company, the third-party firm will allocate professionals to you based on your needs. These professionals will work for you like they were hired directly. 
• Leasing Company Handles Administration for Leased Employees: The leasing company is expected to handle all administrative tasks for the IT company. What this means is that the third-party firm will be in charge of onboarding, training, payroll benefits, and any other HR tasks. 
• End of Term Options: When the lease period expires, the IT firm and third-party leasing company have the option to either terminate or extend the contract. If they wish to extend the contract, both parties may modify the terms of the initial agreement to suit current conditions. 

How Does Employee Leasing Differ From a PEO?

When looking to expand the scale of their operation, IT firms have many alternatives to choose from, including employee leasing firms and Professional Employment Organizations (PEOs). While they are both external sources of getting qualified, they adopt distinct approaches. We’ve described the main responsibilities of employee leasing firms earlier, but how do they differ from PEOs. 

The major difference between employee leasing and working with PEOs is the nature of the employee-employer relationship. When you choose employee leasing, the third-party firm acts as the employer of record. As a result, they will help you with administrative and HR responsibilities, but will not share any legal burdens. However, you’ll maintain complete control over the employee’s actions. 

On the other hand, PEOs serve as a co-employer for your organization. They will share in your administrative responsibilities, as well as the legal burdens of hiring employees. When you hire a PEO, you can expect them to handle tasks like tax withholding and reporting, payment of employee benefits, including insurance and retirement benefits, and paycheck preparation. 

Why Choose Employee Leasing for Your Business? 

Employee leasing firms are a great idea to fill your company with the best hands, but why should you choose to partner with these third-party firms? What do you stand to gain from the relationship? The following are reasons to choose employee leasing for your business: 

• Flexibility in Workforce Management: Hiring an employee leasing firm will help you ensure that you can quickly add or remove IT professionals from your payroll. This type of flexibility can be very useful during harsh economic periods or when you need to quickly scale up to boost operational capacity. 
• Cost-Effective Staffing Solutions: Another reason to choose an employee leasing company is to save up on cost. Employees hired through this lease will only be with you temporarily which means you’ll only bear short-term costs. You also won’t have to spend on training and onboarding. 
• Access to Specialized Talent: One of the best reasons to hire employee leasing firms is because of their access to top talent. They can ensure you have the best hands on deck as quickly as possible. 

Top 8 Employee Leasing Companies

Now, we’ve established the meaning and importance of employee leasing companies. So, the next thing to do is go through a list of the best alternatives available to business owners who wish to bolster their workforce with experienced professionals. To compile this list, we consider different factors including their strengths, services offered, and global reach. 

Read more: 10 Best EOR Companies for Global Hiring in 2024/25, 10 Best International PEO Companies

1. Globy

Globy is a premier Contractor of Record (CoR) and global talent acquisition provider, helping businesses hire, equip, validate, and manage top-tier international talent while ensuring full compliance with local labor laws. With a strong presence across the United States, Europe, and Latin America, Globy offers a 360-degree hiring solution, covering recruitment, payroll, compliance, staff augmentation, and expansion services. Trusted by global-first companies, Globy specializes in securing highly vetted engineers and professionals within US and EU time zones, ensuring seamless collaboration with distributed teams. By leveraging local expertise in over 20 countries and a solution-agnostic approach, Globy eliminates hiring complexities such as compliance risks, payment challenges, and cross-cultural barriers. Whether companies need contractor management, nearshore teams, or full-scale expansion support, Globy delivers tailored hiring solutions that optimize cost-efficiency without compromising talent quality.

2. G&A Partners

G & A Partners is one of those recruiters that adopt an innovative approach to offer business owners HR solutions. According to information on their website, G & A Partners is obsessed with HR solutions and will handle the heavy lifting for you. Some of their most notable services, include payroll administration, HR management, HR technology, and payment of employee benefits. This service provider can also help you maintain legal compliance, and grow or scale your business with leased employees. 

3. Integrity Employee Leasing 

There are several exciting benefits to working with Integrity Employee Leasing that surpass mere payroll administration. You’ll find that this service provider is only interested in helping you save time and money to ensure that your business runs smoothly. They understand that running a business alone is no easy feat. Hence, they will become an important extension of your business, helping you reach your full potential. One of the best reasons to work with this service provider is because they are great at working with organizations of different sizes, from startups to multinationals. 

4. NetPEO

If you’re looking for a service provider to partner with for effective employee leasing solutions, NetPEO is a great alternative for you. When you partner with NetPEO, you’ll gain access to a wide variety of industry-specific services. Well, this service provider can help with your payroll administration, HR outsourcing, settlement of employee benefits, risk management consulting, and PEO insurance. One of the best reasons for working with NetPEO is that they specialize in custom solutions. 

5. ADP TotalSource

Like other top-rated employee leasing companies mentioned above, ADP TotalSource focuses on helping firms reach their full potential with exciting HR solutions. With a reach that extends across all the states in the US, you can trust this service provider to offer you the best talent money can buy, as well as a list of customer-oriented services. While they have an impressive list of services, ADP stands out from others with its state-of-the-art customer service that ensures all their clients can communicate with them smoothly. 

6. Justworks

Justworks is one of the best employee leasing companies in the United States with 5-star service offerings that take your operations to the next level. A good reason to partner with Justworks is the service provider’s service provider’s user-friendly interface. Whether or not you’re a first-time user, you can access the platform’s best features in a few clicks. This platform also boasts mobile app functionality for increased convenience in booking its services. 

7. ExtensisHR

ExtensisHR is renowned as an employee leasing company that offers personalized solutions to all its customers. They don’t believe in a one-size-fits-all approach and will pay attention to your needs before recommending employees to fill your ranks. You’ll find that many positive reviews about ExtensisHR’s comprehensive services and HR support with many commending their customization options. 

8. Aloha International Employment

Aloha International Employment specializes in Hawaii’s employment market, offering localized staffing solutions. Although detailed reviews are scarce, clients value its regional expertise and personalized service. Some suggest improvements in technology integration.

How to Choose the Right Employee Leasing Company?

We’ve clearly defined the importance of employee leasing companies, even listing the best available alternatives to businesses worldwide. The next thing to do now is to state how these businesses can choose the right third-party company to partner with. Here’s a breakdown of everything to consider as you search for viable alternatives: 

• Assess Your Business Needs: Yes, employee leasing companies are meant to provide your team with qualified personnel. However, whoever they allocate to you must suit your business needs or you’ll not get any value for money. So, ensure that your final choice offers services that suit exactly what you are looking for. 
• Evaluate Company Reputation and Experience: After assessing the needs of your business, the next thing to do is evaluate the company’s reputation and experience by reading through online reviews. But make sure that you only use a reliable reviewer who has comments from real people or organizations. 
• Understand Service Offerings and Costs: An employee leasing company is expected to offer a long list of services. It’s important to always check to ensure that these services are exactly what you need. You should also compare the costs which each of these service providers charge to offer their exclusive services. 

How Globy Can Help You Choose the Right Employee Leasing Provider

Selecting an employee leasing provider requires more than just finding a company that can supply temporary staff. Businesses must ensure compliance, secure top-tier talent, and optimize costs while maintaining workforce flexibility. This is where Globy steps in as a trusted partner.

With expertise in global talent acquisition, payroll compliance, staff augmentation, and business expansion, Globy provides tailored workforce solutions designed to meet the specific needs of growing companies. Unlike traditional leasing firms, Globy helps businesses determine the most strategic employment model – whether that’s employee leasing, staff augmentation, or direct hiring.

• Need to build a flexible workforce? Globy’s Staff Augmentation services allow companies to quickly bring in skilled professionals on an as-needed basis.
• Looking for compliance assurance? Globy’s Compliance & Payroll solutions ensure you stay aligned with local labor laws while managing payroll and benefits for leased employees.
• Expanding into new markets? Globy’s Expansion & Localization support connects businesses with the right talent while navigating regional hiring challenges.

Globy’s global reach across the Americas and Europe ensures that companies can access high-caliber professionals while avoiding the risks and complexities that come with international hiring. Also, Globy helps businesses find the most suitable employee leasing firms to meet their staffing demands. Whether you need short-term project-based talent, ongoing staff leasing, or specialized recruitment support, Globy ensures a seamless hiring experience.

Conclusion

There’s no doubt that employee leasing is your best bet to fill your tech teams with top talent within a short period. To help you identify the best service providers to partner with, we’ve compiled a list of the best employee leasing companies available to business owners worldwide. If you’re still struggling with finding a suitable service provider to help your employee leasing, you can trust Globy to recommend employee leasing companies that can suit your temporary staffing needs and support your multiple projects. 

Read more: 18 Best Remote Staffing Agencies for Hiring Remote Workers, 15 Most Popular SaaS Recruiting Agencies

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Article author

Vit Koval

Co-founder at Globy

A top Global Hiring voice on LinkedIn, co-founder of Globy, and host of Default Global. Using deep expertise in global hiring, remote work, and global business expansion to help companies excel worldwide with innovative strategies.