“Payday comes, and he’s a howlin’ at the moon.” -Iris DeMent & John Prine
Your business is growing and you can’t handle the work- you want to hire your first employee- congratulations!
Did you know it costs more than $4,000 on average to hire a new employee? That’s why hiring the right person will help save you problems later on.
Here are some items to consider before hiring:
-Do you NEED an employee or can a subcontractor supplement instead?
-Can you afford an ongoing employee? Remember, it will cost you more than the salary.
-Be sure you define the role and establish company values.
-Make sure you have an EIN.-Know your business tax requirements.
-Know your legal requirements.
-Find a payroll provider that can work from a mobile device, automate the process, reduce paperwork, and help you comply with the laws. I recommend Gusto for this!
I know this is a lot but hiring employees is a big decision! It affects the business financially and hiring the right person is imperative to your continuing success!