Wondering If You Should Hire Employees?

Page 1

BX BUSINESS NETWORKING REIMAGINED

Wondering If You Should Hire Employees? Don’t fret, but follow this HR checklist. Let this article be your go-to guide for designing your work force with all legalities in place. Small Business Networking Events Melbourne Beginning your journey on core HR processes will benefit you by saving time and money. You’ll also be able to minimize legal risks and manage your work environment in an ideal way. Hello, I’m Elle. On behalf of the Employii HR consultancy, I work with small businesses and enjoy hearing about how they struggled and succeeded. As I see it, the HR department is often overlooked and only given attention when the company has debuted and expanded.


If this is also the case with your company, we’re here to help with your small business networking events Melbourne. As an employer, you should employ these 3 key actions and save yourself not just time and money but stress as well. System Obligations You must know what system your company operates under; it could be designated under the Fair Work Act or under the State System. These are two different industrial relations that determine the rules that apply to your company and employees. The system essentially dictates, wages, employment status and entitlements for employees.


Here are three key obligations you should be mindful of as an employer: 1. You must present candidates selected for work with either a Fair Work contract/paperwork or templates that apply to Casual staff. This is a legal obligation to employers; you can learn more about this on the Fair Work’s website. 2. You are obligated to have Workers Compensation insurance before you hire any employees; this is regardless of what system your company operates under. 3. You should be able to distinguish between independent contractors and employees. Legal Document Templates Whether you have employees or casuals, they should be given a written contract to agree with. The contract should address Awards, legislation and agreements/disagreements. Your business and industrial type would determine the terms of this contract. For example, one business could mean one or more Awards in effect. You must know what Awards are and how they affect your work force’s specifics like wage and entitlements.


The legal requirements of industrial practices are best handled professionally. Professional HR consultancies can provide you with legal documents that you can use as templates for your recruitment processes and spare yourself the possibility of incurring penalties and fines. Avoiding all legal issues by drafting professional contracts through consultancies is a cheaper way out. Consider this a pro-tip for all small business networking events Melbourne. The Cost of Professional Contracts At a professional firm like Employii such a service would only charge in hundreds, while a lawyer may charge anywhere from a thousand to two thousand. Lawyers are needed for complex issues or arrangements like shareholding and executive roles. It is smart to invest a small amount in securing your company from legal issues than living with the possibility of discovering hidden issues with your contracts and ending up with Fair Work fines and other costly troubles. You can learn more about us at small business networking events Melbourne.

www.bxnetworking.com Info@BxNetworking.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.