Staff Lending

HR Consult also facilitates employee lending agreements whereby the employee's current employer temporarily lends their employee to another company. Employee lending agreements will include the timeline over which the employee is lent as well as the employee's salary and benefits.

When workload is cyclical or seasonal, companies may find themselves in an "overstaffed" position. HR Consult advises that to avoid a surplus of employees, companies can staff for their baseline workload and hire temporary or seasonal employees when cyclical peaks occur. Employee lending agreements allow companies to lower their costs during these cyclical downturns, while at the same time providing them access to skilled employees. In these arrangements, employees will continue to be paid by their primary employer (lender), and the temporary employer reimburses the primary employer for their employees' salaries plus a portion of their benefits programs.

In this situation we also facilitate staff mobility in order to ensure a painless transition.