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The loan of employees between companies

Alexandre Diard

With the emergence of the gig economy, many companies are considering the advantages that a loan of employees between companies brings and a good number have already used it. This loan of employees is becoming more and more popular because it makes it possible to overcome the difficulties of unemployment or recruitment, in particular by borrowing employees from other companies or by making their own employees available to others.

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Although some people are cautious of this practice since company confidentiality may be threatened,  many companies welcome the loan of employees. It is considered as "economically beneficial" as the loan of employees provides access to many resources and skills, while avoiding unemployment, crisis situations or the creation of short contracts.

Why loan employees?

The exchange, borrowing or loan of employees can save time and money and be the answer to many problems that companies are currently facing: the need for employees for a short duration, the need for specific skills, a temporary decrease in activity, recruitment difficulties, a high risk of dismissal... reasons that reflect the reality of today's businesses and prove that the loan of employees between companies is a good, modern solution.


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Thanks to this new practice of loaning employees, companies are looking to go even further in grouping services between companies by pooling their resources and accessing new benefits. The optimization of human resources processes and access to shared purchasing centers are some concrete examples. In the era of Airbnb and other collaborative services, the loan of employees seems to be gaining more and more importance in the business world. This concept is redefining how we think about recruiting and employment. 

Where does HR fit into the loan of employees?

Although there are still some doubts in the minds of human resources specialists, especially about the feasibility of such a process in a highly competitive environment, human resources professionals tend to see this concept of loaning employees as positive. They emphasize the advantages and flexibility that the loan of employees can generate, or the possibilities of business development that it allows.


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