Managing new staff

Growing your business often means taking on new staff. At this important phase of your business, you’ll want to make sure that the people you hire are right for the job. Making the right recruitment decisions can mean the difference between success or failure.

It is important to establish a structured process for recruitment. You might want to:

  1. Identify what you are looking for
  2. See if there are any existing employees who you can promote from within the business
  3. Be objective and open-minded
  4. Ask the right questions
  5. Establish an effective induction procedure

There many legal and financial implications for taking on staff, including:

  • Equal opportunity regulations
  • Employment contract – terms and  conditions
  • Minimum wage
  • Dismissal, termination and notice periods
  • Sick leave
  • Maternity/paternity leave
  • Employer’s liability insurance
  • Setting up a pay scheme
  • Superannuation contributions
  • Tax regulations