Entrepreneurs and business owners who are preparing to hire their first employees find it a very difficult task to do so. That is not without reason.
Hiring your first employee should be done after taking considerable caution. Investing in someone’s salary and benefits to work for your small business is a big commitment to make and it is a costly affair.
Any startup or small business wouldn’t want to hire their first employee and see that the employee is no working to the full capacity that’s required. Then firing an employee is not only going to need a lot of resources allocated to it but there’s going to be the problem of severance pay as well.
Hiring your first employee is often the most difficult step to take as a small business. Finding the right person to hire is not an easy task. Only you can ultimately make the decision, it but there are a number of steps that we’ve outlined in order to prepare you as you go about hiring your first employee for your small business.
Determine What You Can Afford To Pay
You need to be clear about how much you can afford to pay your first employee before you go about hiring your first employee in the first place.
Figure out whether you will be playing the salary on an annual basis or will it be calculated hourly. Are you going to offer your employee benefits?
There are plenty of ways you can incentivize your employee other than bonuses, from offering perks like transport allowances to full medical insurance. You can even go for a no-benefits approach (but that will make the job offer a lot less appealing).
Clear and Concise Job Description
If you’re hiring your first employee, you need to know exactly what role your employee will be taking on in your small business. The goal is to move your company forward.
Keeping that in mind, how do you think an extra person helping you out at the company will make it possible? Is the person supposed to take on a more creative role or will the employee be handling tasks that are important but routine?
Accommodate Your New Employee
Before hiring your first employee, you would want to make sure that the new person in your small business is well accommodated to work there.
Ask yourself what the new employee would need to become a part of your small business. Will the employee need a workstation? Is there proper space for the employee to work?
You have to think hard about this and adjust the workspace according to the needs of the job so you can prevent difficult situations in the future.
Hiring your first employee is going to be one of the toughest decisions you make and it will be integral in determining how your company moves forward.
Think very carefully before you make an investment of your time, money and other resources and keep these in mind when you finally make the decision. Remember, every small business needs a strong team to make it a successful enterprise.