Tiara's Nationwide Employee Leasing Programs

Employees for a Business don't have to be a BIG HASSLE.

The administrative tasks involved in the management of employees consume a large block of time for any company. This reduces the time that could be spent on income producing tasks. Many companies are recouping this "lost time" and using it more efficiently by transferring responsibility for their employee administration to outside sources. This is called "Employee Leasing".
Employee Leasing also reduces expenses. Leasing companies can usually handle the administration af employees at much lower costs to the company than the company itself can achieve. Reducing expenses lead to profit increases for the company.
Employee leasing is rapidly gaining popularity throughout the country. A client company transfers its employees to a leasing company, such as Tiara Management Company who becomes the Employer of Record, which then assumes the administrative responsibilities for these employees. However, the client company maintains control of the day to day work activities of the employees. In other words, the executive of the client company will continue to be the boss but without most of the headaches associated with the role.

Studies have shown that employee related problems are an employer's single biggest headache. The problem has grown as Federal, State and Local Governments have introduced more and more regulations. While these regulations are designed to benefit employees, they create additional strain on employers.

Some employers simply ignore the rules while others are unaware of their existence. Some try to get around the requirements by classifying workers as independent contractors. This approach is not without risk. The government has guidelines for determining the difference between employees and independent contractors. Violations of these guidelines can lead to heavy fines.

Business owners and executives could operate more efficiently if they could shift the responsibility for coping with these regulations to an outside expert such as a leasing company. This would free up the time that the executives devoted to these problems. Freedom from worries about government audits etc. will also reduce their stress levels. The leasing company will then be responsible for:

state & local work place statutes

withholding taxes

administering benefits

handling worker's compensation

handling unemployment insurance

processing pay checks

employee complaints

fraudulent claims

undocumented workers

Leasing companies will also administer health benefits, 401k plans and other programs that are usually handled by the personnel division. We also offer our clients a wide variety of standard forms that are needed by all types of businesses as part of our service. These extra benefits and the experience of our executives set us apart from other leasing companies.