Truth and corporation split by love for versatile employee (8)
I believe the answer is:
factotum
'versatile employee' is the definition.
(I've seen this before)
'truth and corporation split by love' is the wordplay.
'truth' becomes 'fact' (true facts).
'and' means one lot of letters go next to another.
'corporation' becomes 'tum' ('corporation' can humorously mean belly fat).
'split by' is an insertion indicator (some letters split a word into two).
'love' becomes 'o' (love means zero in tennis).
'fact'+'tum'='facttum'
'facttum' going around 'o' is 'FACTOTUM'.
'for' is the link.
(Other definitions for factotum that I've seen before include "One who does all kinds of work" , "Odd-job servant" , "Employee who does all kinds of work (8)" , "Employee with a variety of jobs" , "Assistant doing all kinds of work" .)