What does Client Company mean? Read on to discover the definition & meaning of the term Client Company - to help you better understand the language used in insurance policies.
In an employee leasing arrangement, an organization that leases all or part of its workforce on a long-term basis from a third party (typically an employee leasing company/professional employer organization (PEO)). The potential benefits for the client company associated with this type of arrangement include reduced administrative costs, access to risk management services like safety and loss control, and higher-quality, more cost-effective employee benefits.
We hope the you have a better understanding of the meaning of Client Company.