Hi lovelies,
As your business grows, the best way to keep it growing and thriving is to take on more employees. Another employee can be one of the best things that happens to your company, or one of the worst. The trick is to prepare for your next employee.
Here are a few things you should understand while considering hiring an employee, as well as how to go about it.
Legal Requirements
The first thing you need to understand is how to be legally responsible when hiring an employee. This means applying for a federal ein so you know you won't get anything wrong when it comes to taxes. Even a simple mistake can end up being a really expensive issue for your company.
It's also a good idea to research other legal requirements in your local area, because they may change. For example, you might need insurance for your clients, especially if you work in a dangerous industry or an industry that requires specific skills.
You also need to think about qualifications and training that your employees will need. For example, in the medical field, nurses and doctors need to keep up to date.
Financial Pressures
Another thing to factor into your hiring choices is what you can afford. Employees can help you earn a lot more money and help you grow your business, but they come along with upfront costs and ongoing costs alike.
Make sure you can afford the hiring costs, as well as the wages of your employees. You also need to consider any other expenses like insurance, training, and equipment so you can scale your business appropriately.
Writing a Job Description
One of the hardest parts of hiring involves hiring the right people. The wrong employee can end up being an expensive mistake and a drain on your resources rather than an asset.
First, define the role you need to fill. This will help you find the right person for the job as you know what skills, qualifications, and experience will be required. Again, think about what you can afford. The most qualified people will expect a salary to match.
From here, it's time to write an effective job description. Ideally, the description should tell your employee what you expect and what they can expect from your company. You can then screen your applicants and move onto the hiring process.
If you hire the right person to begin with, you won't need to worry about potentially training them up or hiring someone new.
Building a Team
Another thing to consider is soft skills. As you hire more people, you want to make sure that they get on and can work effectively as a team. The right people can improve employee morale in the office, leading to a more productive and enjoyable work day.
It can help to have a trial period to allow new employees to settle in and get to know the team. Team building events and games will also make this easier.