#5 – Business Tips – Employing Staff – By Pat Hoey

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This is the fifth of a six-part series of tips about starting up and running a business by Pat Hoey

# – Employing Staff

  1. Have employment contracts and practical role descriptions
  2. Have KPIs to go over every 6-12 months (use ‘SMART’ goals system)
  3. Set aside a month each year, to do annual staff reviews
  4. What sort of work culture do you want?  And how will you try to achieve this?
  5. Register for Workcover, and maybe payroll tax
  6. Set up payroll system.  And who is to complete the pay runs?
  7. Understand super annulation obligations
  8. Will staff require training & what should be put in place for future training needs
  9. Are there any Government incentives for this? i.e. Apprentice subsidy
  10. Will you have any subcontractors paid at an hourly rate?  As maybe classified as employees, so super and workcover is payable

By Pat Hoey