Once you’ve successfully launched your business, you will be focused on running and growing your business.
Connect Legal gives you some important things to think about: What is the true cost of hiring each employee: are you ready to commit to an employee including all wages, training costs, mandatory payroll taxes and remittances and potential severance costs?
They recommend you take the time to build a good relationship with your employees while protecting your business. Get to know all the laws that protect employee rights, getting legal advice as necessary. Draft good job descriptions so that both you and your employee can evaluate whether the employee is doing a good job. Use an employment contract that complies with existing laws. Make deductions and file government documents and returns. Make employee decisions based on job performance. Keep detailed records of all employee matters e.g., vacation, sick days, performance evaluations, problems and jobs well done.
This is intended as general information only and is not to be relied upon as constituting legal or other professional advice.