Hiring an employee for your new business is an exciting prospect that signifies your business has grown and is ready to open work opportunities and to grow its team. But before you can hire any employees, your business will need to have a variety of processes in place and hiring steps completed.
Hiring an employee can be more expensive than what employers and new businesses realize; there are many expenses beyond an employee’s wages, including time-related expenditures.
Employers who fail to classify non-exempt employees correctly are on shaky ground when it comes to compliance.
The U.S. Department of Labor also has a comprehensive list of forms online employers may need for new employees.
Adding employees to the payroll system is the first step. Ensuring that they’re paid accurately and on time is crucial.
Small businesses hiring their first employees typically don’t have a dedicated HR staff. This means that someone is serving in an HR role, even without having HR experience or degree.
Although benefits vary widely from one company to the next, highly qualified job seekers often look for companies that provide a competitive benefits package in addition to their salary and any commissions or bonuses.
McDonalds Franchise Owner
Owner, SouthSider Voice