This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/09/26/8-things-you-need-to-know-before-hiring-your-first-employee/
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Hiring your first employee is a bit of a rite of passage for start-ups. Many fledgling businesses consist of one person and their laptop, crammed into a small office space, and when you start thinking about hiring others to help out, it all becomes a lot more real. While the prospect of having someone to help with the workload is no doubt appealing, the thought of having to pay someone a salary and manage them can be quite anxiety-inducing for young entrepreneurs.
Here are some things to consider before you take that leap and post a job ad.
1. Your legal obligations.
If you’ve used freelancers in the past to work with you on projects, then you probably simply paid them an invoice at the end of the month. However, if you’re going to be employing someone, then you need to check your state’s legal requirements. There are a few steps you’ll need to take to become an employer, including getting an employer identification number (EIN), registering with your local labor department, and getting insurance.
Once you’ve chosen the person you want to hire, there’s a number of forms they’ll need to fill out to verify that they’re eligible to work in the USA and for tax purposes. You may want to invest in some All-In-One HR Software to keep track of these forms and ensure you keep the relevant information to hand. If there are any issues or disputes with employees down the line, then it helps to have kept organized documents from day one.
2. What you want them to do.
So, your business may be too much for you to handle at the moment, but what duties will you want taken off your hands? If it’s more of a general extra pair of hands around the office, then would hiring a temp be a better idea? You should clearly define what you expect from the person in the… Read More
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