Definitions for "Leased employee"
Someone who is normally the employee of a leasing organization who performs service for another person or business (the “recipient”) if: (1) the services are provided under an agreement between the recipient and the leasing organization, (2) the employee has performed services for the recipient on a full time basis for at least one year, and (3) the services are of a type historically performed in the recipient's business field by employees. Leased employees may be considered as employees of the recipient for plan qualification purposes.
An individual who is not on the Northrop Grumman payroll but who provides services to Northrop Grumman or its affiliates as specified in an agreement between the individual and Northrop Grumman and who qualifies as a leased employee under Section 414(n) of the Internal Revenue Code.
an employee who renders services on a substantially full-time basis for at least one year, under the primary direction or control of the employer