Congratulations! After putting in a lot of time and hard work, you now have your very own business. However, the real challenge has only started. Now, you need to gather the people you need to help you conduct this business.
There may be a lot of job seekers out there who would want to be a part of your organization. However, not all of them would be able to help your business grow. The earliest stage of your business is extremely delicate, so you need the right people to help you thrive.
As a new business owner, there are plenty of factors to consider when hiring your first employees. Your hiring capacity is at the foremost of that. Can you afford to hire an in-house staff, or is outsourcing the wiser choice? No need to worry too much about it, because we have these tried-and-tested tips for you.
Before you start looking for candidates, you need to fulfill certain legal obligations as an employer. There are legal rules that now apply to you, and you need to make sure that you follow all of them. From tax forms to insurance requirements, you need to set these in order before hiring employees legally.
Here is an overview of the legal preparations you must accomplish:
For the US:
For Countries part of the European Union:
Legal requirements for employers may vary per area. So, you need to research this or ask local authorities.
Before hiring anyone, you need to create an employee handbook. The handbook should detail your employee and workplace policies.
You also need to create a file containing the job-related information of your future employees. This would include employee contracts, job applications, performance evaluations, and forms for employee benefits. The file should be stored in a secure and confidential location, accessible only to you and other key staff members.
Of course, you need to have a proper hiring process before you can hire your first employee. It helps you have a clear onboarding flow and lets your candidates know what to expect. Here are some steps to follow when developing your hiring process:
As a new employer, you may find this a daunting task. There are plenty of processes to learn and requirements to meet before you can develop an efficient hiring process. However, there’s plenty of help you can find. For starters, you can check out this checklist for hiring employees we made for you.
Business process outsourcing can be one of the greatest help you can get. It is just like using the services of an independent contractor. Your outsourcing partner can provide hiring managers to handle your hiring process or virtual assistants who can take care of non-essential tasks, while you focus on your core activities.
Meeting the legal requirements, setting up the necessary documents, and developing a hiring process are merely preparations. Once you have all of those down pat, it is time to select your very first employee.
When selecting among a pool of candidates, the strongest advice is to not fully rely on your instincts. It does not matter how menial the job is, or how soon you need to fill the role.
You can avoid a lot of trouble by conducting a strong background check. Check whether an applicant has a criminal past, and test for illegal substances. You may also conduct psychological assessments to screen for unwanted behavior.
You also need to consider the applicant’s potential, and not only their track record. Look for an employee whose values, passions, and interests are aligned with yours. If an applicant has the skills and passions you are looking for, you can easily unlock their potential.
During the interview, applicants also need to demonstrate their aptitude and skills. Ask them to demonstrate how they would handle specific situations related to the job. This can help you ensure that they have a sufficient grasp of their future tasks.
The earliest stages can make or break your business. So, you need a team that you can trust, and can certainly contribute to your growth. It can be overwhelming and tedious to be a first-time employer, but hiring your first employee can be greatly rewarding for yourself, and your business.
Contact us today for more information.