coemployment

/kəʊˌɛmpˈloʊɪmənt/

Definitions

1. noun

the practice of sharing employees between companies, often as part of a joint venture or collaborative agreement

“The company’s decision to adopt coemployment strategies allowed them to reduce costs and improve efficiency.”

Synonyms

  • co-employment
  • shared employment

Antonyms

  • exclusive employment
  • monopsony