Taking on your first employee can feel daunting, it is a big decision for many business owners. However, at some stage it becomes the next step for taking your business to the next level. There are a few things that you should do in preparation for taking on your first employee.
Before you employ anyone…
1. Insurance! If you don’t have employer’s liability insurance this is something that you need to look into. Its important to review the insurance requirements within your country and region, covering yourself and your business is an important first step.
2. Check your employees right to work in your country or region. While it is important to protect yourself from unwanted fines and negative publicity for your business it is also key that you protect your staff. In most countries there is a fairly simple system to confirm the employees rights.
In addition to confirming employee’s status, you should always make a copy of any documentation for your own records, keep these copies on file for the time which that person is in your employment.
3. Get your tax correct!
A vitally important part of hiring an employee is ensuring that you and your employee are registered, HMRC in the UK, Les Douanes in France for example. Don’t put off registering as an employer and having your new employee registered with your governmental agency as this can result in fines.
4. Do your research and make sure that you are covered by your employment contract.
Your employees contract is the basis of your agreement to what the job will entail and the agreement to work for you, therefore it is essential that you ensure that this is correct!